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To: snowsislander

Are the GM execs still paying themselves 5+ times more than their Japanese and European conterparts?


14 posted on 05/06/2005 11:51:29 AM PDT by ROTB
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To: ROTB
Are the GM execs still paying themselves 5+ times more than their Japanese and European conterparts?

I don't know much about European corporate practices, but I would assume that the disparity is at least a factor of 5 between GM's practices and Toyota's. Typically, a Japanese shacho doesn't have all that large of a salary compared to what our captains of industry receive.

It would not even surprise me to find out that there are American employees of Toyota who have a larger salary than the president of Toyota.

15 posted on 05/06/2005 12:01:00 PM PDT by snowsislander
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To: ROTB

"Are the GM execs still paying themselves 5+ times more than their Japanese and European conterparts?"

You can bet on that, for you see GM's execs have lotsa great ideas and decisions, worthy of huge rewards, like:

--Killing the Camaro and Firebird, with NO replacement. Meantime Ford introduces the new Mustang and it sells BIG.

--Giving us the Aztec.

--Going overseas for their new GTO, which is clear evidence their Detroit designers are impotent.

--Continuing to think their buyers will fall for Badging, ad infinitum. Giving Suburus and Chevy Trailblazers Saab badges.

--Hiring the designer of the Chrysler PT Cruiser, to give GM a virtual copy of same....several years later.

--No new GM station wagon/crossover while every other company has many. (Okay I overlook the Cadilac which is pretty good, but priced above most GM's buyers.)

Meanwhile, Mercedes/Chrysler has many wagons and crossovers; Ford/Volvo/Land Rover has many; BMW has many; Audi has many; Jaguar has a new wagon; Toyota/Lexus has many; Nissan/Infiniti has a few.

And all these companies have many upcoming as the big SUVs become too costly to fill up.


21 posted on 05/06/2005 11:37:06 PM PDT by truth_seeker
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