At first, I thought the auto-worker claims for more compensation were ridiculous. If you just look at it from a raw compensation perspective without looking at the overall situation. I'm pro-union but I'm of the belief that auto union workers are practically at the max of what the industry can sustain. However, I cannot fault some of their arguments for better pay and other types of compensation when you look at what the C-suits are being paid.
It all boils down to why should C-suits get increases of a gazillion percentage every few years, why they get paid scraps (relatively speaking). There's no reason Ford's CEO is paid $20+ million a year. GM's CEO is $29 million a year. It's just insane. The C-suits at times get 20+ percentage increases in annual compensation. The auto-workers have to fight tooth and nail to get not better compensation, but just the same increase in compensation.
There's also greed on the part of auto manufacturers. Lately, it seems they only produce high priced. I'd love to buy a new vehicle. Preferably a plug-in hybrid. But I can't justify spending $40k+ on a new car. And while I'm not rich, I can at least make the payments, if absolutely needed. How many other families can't even afford a new $20k car, much less one for $40k+ which is what it seems the industry is pushing us to. We need more options in the lower range that aren't complete shit.
We know the C-suits aren't going to cut their own pay. So the answer is simple. Move to a country with lower labor costs. Screwing over local economies. Because heaven forbid I reduce my salary from $20+ million a year to only $10 million a year so the little people can get a few more scraps. And that's just the CEO. We're not even including the rest of the C-suits yet.
I don't see the situation changing. There's no way the C-suits decrease their own salaries. The move to places like Mexico for car manufacturing is coming. It's not a probability but a certainty.