I’m swiping Bertel Schmitt’s title because it’s so good. The news is not so good at Isuzu:
Isuzu announced temporary pay cuts for all 8,000 domestic full-time employees in response to a steep decline in auto and truck sales, The Nikkei writes. Executives will get 30 percent less starting in January. Manager-level employees will see 10 percent less from spring. For rank-and-file workers, Isuzu will propose to its labor union as early as the beginning of next year a several-percent reduction in base wages that could begin as early as April. The Nikkei: “While the pay cuts would be temporary, they could last a year or longer.”
If you’re thinking “Isuzu? Are they still around?” the answer is yes, but not for long.
I’ve driven exactly one Isuzu vehicle: I got to spend a day in an I-Mark sedan, a variation on GM’s T platform, which also spawned the hated Chevrolet Chevette. Having gotten some seat time in Chevettes, I have to report that the Isuzu version was way better, if still not all that good.