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This article explores the wage differences between American and Japanese auto workers, highlighting the average hourly pay rates, which can reach up to $73/hour. It addresses the factors contributing to these disparities and discusses insights from the author on why labor costs are not the core issue facing the American auto industry. The analysis emphasizes productivity, management practices, and technological investment as the true challenges impacting the industry's competitiveness.
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$73/Hour? • Breakdown the differences in pay between American and Japanese auto workers. • According to the author why are labor costs not the real problem with American auto industry?