No problem. The union COMMIE scumbags just raised the prices of cars again. Car buyers will be payin’ for dem raises. Embrace the suck.
I’m sure not getting a pay raise like that.
Yep AP will paint the union as hero’s but every person who buys a car will be paying this extortion money. Between this and the fascist CAFE standards it’s going to cost $100,000 for a Ford focus
I wonder how much percentage of a vehicle’s cost is from labor?
Average vehicle pricing can be, as follows:
10-15% of the cost falls to labor,
20-30% of the cost is materials,
50-60% of a vehicle’s cost is overhead expenses, containing the factory that builds the car, the pile of engineers employed by each manufacturer, advertising and marketing costs, the corporate structures like HR, accounting, etc.,
10-20% of the cost goes to engine development costs, modeling, and many more. These expenses are often included in the overhead percentage above, and
5% is profit (more or less)