Nov 23, 2015
Before the vote, the media yelled about how expensive the new auto contracts would be. But as strange as it may seem, labor costs for GM are going down. By 2019, labor costs at GM will drop to $2,350 per vehicle. In 2014, labor costs were $2,374 per vehicle.
According to Kristen Dziczek at the Center for Automotive Research, “The contract is not as expensive as people think because they can use temporary workers and some people will retire. You will have a different workforce in four years.”
In other words, the media lied!!