Episode 638 - Ford Wants to Cut UAW Pay, Inventory Drops in U.S., China Denies Incentives for Volt

Published: May 9, 2011, 4:16 p.m.

Ford is paying U.S. line workers $8 an hour more than the foreign transplants and says it needs to close that gap if it’s going to continue investing in the United States. Low inventory levels of new cars in the U.S. is pushing prices of used cars up by as much as $3,000. The Chevy Volt may not qualify for incentives under China's New Energy Vehicle Development Plan because it's not built in the country. All that and more, plus John shares his thoughts about the new Acura TL.