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To: BurbankKarl
Funny, but nowhere in that article does it mention the relative price of the dollar as being a motivator.

Not saying you're wrong, just saying the article doesn't really match the assertion.
17 posted on 11/09/2004 2:22:44 PM PST by A Balrog of Morgoth (With fire, sword, and stinging whip I drive the Rats in terror before me.)
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To: A Balrog of Morgoth

oh yeah...

Toyota just announced a 7th plant.


42 posted on 11/09/2004 2:58:05 PM PST by BurbankKarl
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To: A Balrog of Morgoth

***...Toyota Chairman Okuda's Monday comments came as Toyota reported an unexpected drop in second-quarter profits. The decline was partly due to a stronger yen, but it also reinforced Toyota's strategy of producing vehicles in the countries where they're sold to minimize currency fluctuation impacts and cut delivery times.


Sorry, I have read Automotive News every week for the past 15 years, and the WSJ daily....but the lower dollar is making these companies invest in the US. Just like Airbus promising to build a plant here if they win part of the refueling contract.


45 posted on 11/09/2004 3:09:54 PM PST by BurbankKarl
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