Originally Posted by Rootus
Not true. Old GM had ~78/hr in labor costs, New GM has ~56/hr in labor costs. About the same as Toyota.
GM is still struggling to be competitive with their $56/hr when most of their competition is around $47/hr. Not a huge difference and certainly better than what it's been. Still doesn't fix the fact that they are losing money on most of the cars they sell. I hope that turns around once the years worth of new development and cutting out costs makes it's way to market with newer vehicles over the next few years. To rid themselves of the overhead and built-up losses they need to design their way out of the old, expensive platforms and processes. That can't happen overnight in such a large, global company.