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Corvette
C8 Forum
Another $2000 USD price increase on all C8s
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<blockquote data-quote="1500cc" data-source="post: 318106" data-attributes="member: 8887"><p>Hourly labour is a surprisingly small component of a vehicle's cost, despite all of the attention it receives. However I welcome any alternative numbers you would like to propose <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile :)" loading="lazy" data-shortname=":)" /></p><p></p><p>So going a bit deeper, it looks like there's 1300 hourly workers at BG, but not all of those are assembly personnel (there's also maintenance, skilled trades, etc.). I saw a website that said 800, but that seems low. Let's say 1000 hourly workers, and you can adjust up or down to suit your own perceptions. That's 8000 hours of labour per day. They make around 175 Corvettes per day, so 8000/175 = 46 hours per car. Multiply by $77, and you're at $3,542 of labour per Corvette.</p><p></p><p>Even if you wanted to include all 1300 hourly workers (which isn't the way the automakers calculate it; maintenance and capital expenditures are overhead not variable cost), then you're at 1300*8/175 = 60 hours per car, or $4,576.</p></blockquote><p></p>
[QUOTE="1500cc, post: 318106, member: 8887"] Hourly labour is a surprisingly small component of a vehicle's cost, despite all of the attention it receives. However I welcome any alternative numbers you would like to propose :) So going a bit deeper, it looks like there's 1300 hourly workers at BG, but not all of those are assembly personnel (there's also maintenance, skilled trades, etc.). I saw a website that said 800, but that seems low. Let's say 1000 hourly workers, and you can adjust up or down to suit your own perceptions. That's 8000 hours of labour per day. They make around 175 Corvettes per day, so 8000/175 = 46 hours per car. Multiply by $77, and you're at $3,542 of labour per Corvette. Even if you wanted to include all 1300 hourly workers (which isn't the way the automakers calculate it; maintenance and capital expenditures are overhead not variable cost), then you're at 1300*8/175 = 60 hours per car, or $4,576. [/QUOTE]
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Corvette
C8 Forum
Another $2000 USD price increase on all C8s
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