A look at car companies' labor costs

AP News
Posted: Jul 25, 2011 10:44 AM
A look at car companies' labor costs

Detroit automakers begin talks with the United Auto Workers union on a four-year contracts starting Monday. Workers want a share of the companies' newfound profits. The companies want total labor costs, including wages and benefits, to be competitive with foreign automakers in the U.S. Here's how the hourly costs compare:

Detroit's Costs

Ford Motor Co.: $58.

General Motors Co.: $56.

Chrysler Group LLC: $49.

Rivals' Costs:

Toyota Motor Corp.: $55.

Nissan Motor Co. $47.

Hyundai Motor Co.: $44.

Source: Center for Automotive Research in Ann Arbor, Mich.