GM Sweetens Buyout Deal with New Toyotas

I love it.

General Motors today sweetened its $35,000 buyout deal for 113,000 hourly workers at GM and Delphi, saying that each employee who leaves the companies by the end of March will also get the keys to a brand new 2007 Toyota Sayonara SUV.
The number one American automaker lost $10.6 billion last year, which according to an unnamed United Auto Workers (UAW) spokesman, is only about $100,000 for each union worker on the payroll.
The UAW hailed the agreement as “the ultimate tribute to the organized labor movement.”
“For years, GM has been offering incentives to get consumers to drive their cars out of the showrooms,” said the UAW source, “It’s only fair that they would give us incentives to drive their employees out of the factories.”

Yes, it’s a parody. But GM is hard to parody these days.

Posted by on March 23rd, 2006 at 6:28 pm


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