Monday, November 17, 2008

THE TRUTH ABOUT AUTO WORKERS & THEIR PAY

UAW - American autoworkers are among the most productive workers in the world. According to the U.S. Census Bureau, the typical autoworker produces value added worth $206 per worker per hour. This is far more than he or she earns in wages, even when benefits, statutory contributions and other costs are included.

The total labor cost of a new vehicle produced in the United States is about $2,400, which includes direct, indirect and salaried labor for engines, stamping and assembly at the automakers' plants.

This represents 8.4 percent of the typical $28,4513 price of a new vehicle in 2006. The vast majority of the costs of producing a vehicle and transporting it to a dealership and preparing it for sale - including design, engineering, marketing, raw materials, executive compensation and other costs - are not related to direct or indirect manufacturing labor.

Note: Your editor is a member of the National Writers Union, a local of the UAW.

0 Comments:

Post a Comment

<< Home