If he was worried about that, he could have just raised his price, and given Ford and GM a lift.
Apparently, he wasn't satisfied with that. He wanted Ford and GM to match it, so he announced that he was doing it in order to give them a break. Or maybe he just thought that making his views public would earn him some pats on the back.
Whatever he was thinking, it was not very well thought out. It's a classic anti-trust violation.
And how do you undo it?
"I was just kidding."
Or, "In order to make recompense, we are going to reduce our prices."
My guess is that there will be a big investigation. The feds will look not only at this, but at everything Toyota does. And the UAW will make sure that they do.
Shame on him for being honest about his concerns of protectionist U.S. politicians. Double shame on him for preferring Toyota stockholders and employees benefit instead of the U.S. government for their superior product that consumers prefer.
My guess is that there will be a big investigation. The feds will look not only at this, but at everything Toyota does. And the UAW will make sure that they do.
Of course they will, they're the leeches that want to be paid $50,000 + benefits for driving 5 screws. I hope he keeps his prices down and let's them sink. They've earned it.