U.S. Chamber of Commerce to keep tabs on GM, Chrysler
U.S. Chamber of Commerce president and CEO Thomas J. Donohue issued a strong statement today warning Congress of the potential downfall of too much government and union influence in production, product, workforce, and management decisions.
U.S. Chamber of Commerce President and CEO Thomas J. Donohue issued a strong statement today warning Congress of the potential downfall of too much government and union influence in production, product, workforce, and management decisions.
"If members of Congress, along with government officials from the United States to Germany to Canada, are allowed undue influence over management's decisions, then you can write this down: These companies will not return to profitability and their survival will be seriously challenged. The global talent that exists in the automotive sector must be allowed to do its job and be paid on a competitive basis. Management must be permitted to make tough decisions in a competitive global market without political interference," said Donohue in a press statement.
The comments were made partly in reaction to recent pressure by the UAW to cause General Motors to change manufacturing plans for a new fuel-efficient vehicle from production in China to a domestic plant in the U.S.
The U.S. Chamber said it will carefully monitor the activities of the new GM and Chrysler boards, and expose and fight any counterproductive influence by government, unions, or politicians over decisions that should be left to management.