Since GM is making headlines again with this Chapter 11 news, I thought I'd share some facts (trivia) about the struggling car company that you may not know.
1. GM isn't the largest car company, by far. It has 252,000 employees worldwide. Volkswagen has 373,400 employees, Renault/Nissan has 316,100, Toyota has 316,100, and Daimler has 272,300 employees.
2. In 2006, GM was spending close to $17 million dollars on Viagra. Is that really considered health care?
3. In 2008, GM cut its total North American work force 11.5 percent to 123,000.
4. GM workers earn $75 an hour in wages and benefits - almost triple the earnings of the average private sector worker.
5. The UAW-Ford Agreement pictured above weights around 22 lbs. I bet you think it's full of efficiency... right?
We now return you to your Sunday Afternoon Movie… "The Car!" only on Ranting-TV…