I keep hearing and reading that the Big 3 are complaining about all the unsold vehicles on dealer lots and that they might have to offer higher rebates.
It's hard to feel sorry for the Big 3 because they should have seen this coming from miles away.
All they had to do was look at and listen to the media reports of the weekly closing of manufacturing plants and tool shops in the United States because of work being moved overseas.
From a financial standpoint, I can see how that looks attractive, but from a business standpoint it should have been a wake-up call.
The companies that the Big 3 are putting out of business by going overseas are the companies that had hundreds of thousands of employees who were buying one or two new vehicles every couple of years.
I realize it's not just the Big 3; the Tier 1 suppliers are doing it, too. They are squeezing every penny from their suppliers to justify their ridiculous wages. They, too, are forcing thousands of small shops to close.
I think it's time for the UAW to demand that a majority of the parts used in their vehicles be manufactured in the United States.
If they don't and this cycle continues, the Big 3 won't have to worry about rebates; they will be trying to decide which assembly plants to close.