▲ 127 ▼ The US auto industry is in big trouble. China now makes 75 percent of all electric vehicles sold anywhere on earth. US automakers make around 5 percent. (www.nytimes.com) submitted 1 week ago by technocrit@lemmy.dbzer0.com to c/fuckcars@lemmy.world 24 comments fedilink hide all child comments Death to the car cult.
[–] greyscale@lemmy.grey.ooo 46 points 1 week ago (2 children) Maybe they should have spent money on R&D during covid, instead of doing fucking stock buy-backs. Fuck them. Fuck them to death. permalink fedilink source hideshow 4 child comments replies: [–] birdwing@lemmy.blahaj.zone 23 points 1 week ago* (last edited 1 week ago) (1 child) Or paid their employees properly instead of diverting that funds to shareholders. You could finance 5 labourers with the salary of one CEO earning €200,000. And with universal and free healthcare and education with affordable housing, €40,000 becomes a lot worth. permalink fedilink source parent hideshow 2 child comments replies: [–] ivanvector@piefed.ca 13 points 1 week ago (1 child) The CEOs are earning way more than 200k. The lowest paid of the US auto CEOs earns north of $20 million. permalink fedilink source parent hideshow 2 child comments replies: [–] birdwing@lemmy.blahaj.zone 9 points 1 week ago* Yeah, and they do that through "bonuses". You could remove €15 million of the bonuses and still get 100 new employees with a comfortable €50,000 salary. permalink fedilink source parent [–] Rothe@piefed.social 2 points 1 week ago But... but the short-sighted profits? permalink fedilink source parent
[–] birdwing@lemmy.blahaj.zone 23 points 1 week ago* (last edited 1 week ago) (1 child) Or paid their employees properly instead of diverting that funds to shareholders. You could finance 5 labourers with the salary of one CEO earning €200,000. And with universal and free healthcare and education with affordable housing, €40,000 becomes a lot worth. permalink fedilink source parent hideshow 2 child comments replies: [–] ivanvector@piefed.ca 13 points 1 week ago (1 child) The CEOs are earning way more than 200k. The lowest paid of the US auto CEOs earns north of $20 million. permalink fedilink source parent hideshow 2 child comments replies: [–] birdwing@lemmy.blahaj.zone 9 points 1 week ago* Yeah, and they do that through "bonuses". You could remove €15 million of the bonuses and still get 100 new employees with a comfortable €50,000 salary. permalink fedilink source parent
[–] ivanvector@piefed.ca 13 points 1 week ago (1 child) The CEOs are earning way more than 200k. The lowest paid of the US auto CEOs earns north of $20 million. permalink fedilink source parent hideshow 2 child comments replies: [–] birdwing@lemmy.blahaj.zone 9 points 1 week ago* Yeah, and they do that through "bonuses". You could remove €15 million of the bonuses and still get 100 new employees with a comfortable €50,000 salary. permalink fedilink source parent
[–] birdwing@lemmy.blahaj.zone 9 points 1 week ago* Yeah, and they do that through "bonuses". You could remove €15 million of the bonuses and still get 100 new employees with a comfortable €50,000 salary. permalink fedilink source parent
[–] Rothe@piefed.social 2 points 1 week ago But... but the short-sighted profits? permalink fedilink source parent