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Mortgage renewal when layed off?
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redoak
Posted 5/8/2021 07:22 (#8993461 - in reply to #8993305)
Subject: RE: Mortgage renewal when layed off?


sw ontario
Auto industry is going through an upheavel with panademic and changing to EV .....Chrysler had such a good run with mini fan since '84 many forgot about layoffs and slow times, +many plant workers could work 6-7 days a week and with overtime got big checks...Now, here anyways some struggle,especially if both were auto plant workers to make payments on big homes and toys.

Son #1 was with Waterville TG (toyota group) for maybe 10 yrs.and they did parts for many different assembly plants , he said as a parts supplier it is a brutal business, small margins, assembly plants are bullies. He left and went to petroleum refinery engineering/management last yrs. or so

How things have changed , auto plants are no longer mfg. places but just an end assembly location
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