Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: Leaning Right
I’d rather see profits from US car sales stay in the US.

1. Toyota builds many of its vehicles right here in the U.S. They are probably more "American" than GM right now.

2. Toyota is a publicly traded company. The profits go wherever the shareholders are -- including right here in the U.S. In one of the great ironies of this modern global economy, a UAW worker employed by General Motors is far better off with Toyota stock than GM stock in his pension fund.

23 posted on 07/17/2021 12:58:50 PM PDT by Alberta's Child ("And once in a night I dreamed you were there; I canceled my flight from going nowhere.")
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Alberta's Child

No. Simply being a public traded company does not defacto keep the profits where they shareholders are..

Stock value is not from profits…. Only money a stockholder directly gets from a company are dividend payments if they pay any and even that is whatever the board decides, and is not 100% of profits.

Most power even in publicly traded company is not help by common stock holders.


26 posted on 07/17/2021 1:12:18 PM PDT by HamiltonJay
[ Post Reply | Private Reply | To 23 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson