Why Doesn't Toyota USA Need A Bailout?

Nietzsche is Dead ^ | 12 Nov 08 | foutsc

[Man from Oz]

Yes, my Nissan Pro4X pickup was built in MS. I love it and this after driving Fords for most of my adult life!

[1rudeboy]

I'll also note that, in order to promote exports, the Japanese government must (allegedly) keep the yen cheap. This makes it more expensive for a company such as Toyota to build in the United States--if you follow the idea through to its conclusion.

So it's not just cheaper, it's also more expensive.

The operative fact (in the U.S.) is that a company such as Toyota can produce a car with fewer man-hours (unionized or not) than its U.S. counterpart. There is your advantage . . . the exchange rate for the currency is just a smokescreen.

[nascarnation]

My neighbor has a Yaris.
Honestly, I don’t think it would survive a collision with my Wheel Horse garden tractor.

[allmost]

The unions outlived their purpose decades ago. You seem very intelligent and I’m not sure how to react when you dismiss the exchange rate.

[Toddsterpatriot]

Currency manipulation is commonplace in Asia. Not the entire cause, but a contributing factor here.

A cheaper Yen makes their purchases in Yen more expensive. How does that help their US operations?

[Toddsterpatriot]

It’s cheaper for a Japanese company. Like I said.

Math was hard for you in school. LOL!

[1rudeboy]

I’m not dismissing exchange-rate fluctuations, mind you . . . I just haven’t seen much evidence that the Japanese are manipulating their currency to the point where you see what you think you’re seeing. The Chinese, on the other hand . . . .

[allmost]

So you and rightwhale are applauding the decades long tradition of currency manipulation? I must be misinterpreting something here.

[Red_Devil 232]

Yep! My next truck will be a MS built Nissan or TX built Toyota.

[Eagle50AE]

Local Chevy-Pontiac-GMC store closed last week. moved units to other group store 20 miles away. It had been there since 70’s when Olds Cutlass was king.

Dealer Principal owns several franchises in NC including #1 Toyota store in state.

He can see GM is past point of return.

My Question is why is Chrysler in this silly proposal since they are a private owned company with ties into GMAC?

[allmost]

The chicoms are following the Japanese model. It worked well.

[Gator113]

Quality and service...... that’s why I bought a new Toyota Tundra. I love this truck. The next new car I buy will be another Toyota.

I do own an old Ford too, but it stays parked out behind the barn.... it’s my “going to the dump” vehicle.

Quality and service, and give the people what they want, period.

[Toddsterpatriot]

No. Just laughing at your lack of understanding. A cheaper Yen makes Yen purchases more expensive. Think about higher oil prices when the dollar was weak. How does buying more expensive parts in Japan help Toyota USA?

[1rudeboy]

The Japanese "model" is to build items that are cheaper, easier to maintain, more durable, and safer. The Chinese aren't quite there, yet.

[allmost]

I have no clue, you are the financial genius here. /sarc
:)

[nascarnation]

My Question is why is Chrysler in this silly proposal since they are a private owned company with ties into GMAC?

type John Snow + Cerberus in a search engine He's the Republican connection to the auto bailout. They have both sides of the aisle covered, it's not just the UAW and Democrats.

[NorCoGOP]

American people stop buying an American car. The people go out and buy japan car only so therefore the an
American workers looses their money of their paycheck. No support to the American people. The priorty is all wrong.

(NoCoGOP’s wife message)

[Monsieur Poirot]

for later

[Toddsterpatriot]

I have no clue,

First thing you've said that I can agree with. :^)

[Terry Mross]

VW in Virginia says they’re hiring 2000 people.

But, it will happen. Think about the banks. The small home town banks are doing fine but the government will be helping their competition with the small bank’s taxes.