Is Howard Dean the head of Toyota now?
Are they growing up stupid in Japan now, as well?
What business major, or even HS student never heard of "a combination in restrainst of trade?"
Sherman Anti Trust Act.
This is ruthless jockeying for market share. He's trying to capitalize on his brand and SOUND like a good guy. Surely he is savvy enough to know that GM dare not raise prices when (1) they are hugely overstocked and laying off and (2) they have just publicly committed multi-millions to an ad campaign announcing that they are lowering prices. Ford is not in quite as bad a shape but IMHO unlikely to risk raising prices while GM's are falling.
Thus I contend that this was not a favor to the US manufacturers but rather more like a twist of the knife.
Congress shall make no law... abridging the freedom of speech...
How far we've fallen...
He is right though...Toyota would get bashed if GM goes under.