GM vs. Toyota

If Toyota Motor Corp. has eyes on taking the title of world's largest automaker from General Motors Corp. next year, it won't happen without a fight.

In an interview Thursday, GM Chief Executive Rick Wagoner said his company has room for growth worldwide and will forcefully defend its title.

"I like being No. 1, and I think our people take pride in it," he told a small group of reporters at GM's headquarters. "It's not something we're going to sit back and let somebody else pass us by."...

...If Toyota does pass GM, Wagoner said he would not be pleased.

"It won't be a happy day for me, but I've lost basketball games before in my life. You get ready and you learn and you go back the next day, and that's what we'll do," he said. "We're going to fight to keep the position, and if one day we lose it, we'll fight to get it back."...

...Toyota isn't concerned about becoming No. 1 globally, said spokesman Irv Miller. The company is working to keep its quality high, focus on customers and roll out its new Tundra full-sized pickup truck, he said.

"A perceived sales challenge for global leadership is not something we're even thinking about," Miller said.





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mkk21mkk21 - 1/5/2007 6:50:51 PM
+4 Boost
I think I realized why I don't like domestic vehicles so much. It's because of their arrogant, big-headed, dumb@$$ bosses. How arrogant can a person be. That's why I totally admire the Japanese for their humble and gracious attitudes. I hope GM goes down, crash & burn, I would be so happy!!!


EL34EL34 - 1/5/2007 7:33:16 PM
-17 Boost
Their humble and gracious attitudes, like when they bombed Pearl Harbor.


EL34EL34 - 1/5/2007 8:02:34 PM
+2 Boost
Will, I agree it was uncalled for.


EL34EL34 - 1/5/2007 10:13:31 PM
+1 Boost
mkk21 said, "I hope GM goes down, crash & burn, I would be so happy!!!"

Where's the outrage?



neutralneutral - 1/6/2007 3:46:00 AM
0 Boost
Are you guys serious!?!?!, GM is an incredible part of America. Hoping GM dies it like like saying "I hope 324,000 people lose their jobs, go homeless, and starve to death." GM has shown it has made mistakes in the past and has move GREATLY to reconcile their past mistakes. Give the domestic brands a chance. I feel as if there are not enough logical adults on this site who really understand the auto industry and who should not be allowed to post on this site.


EL34EL34 - 1/6/2007 5:31:23 PM
0 Boost
I hope ToyLex goes down, crash & burn, I would be so happy!!!


Let the boosting begin.


XYZZXYZZ - 1/7/2007 6:11:36 AM
+3 Boost
as a lifelong historian of the Pacific War, i HAVE to comment about the Pearl Harbor remark above.

while it was japanese planes that bombed pearl harbor, the chain of events that led up to it were PLANNED in london and d.c. in robert stinnett's 2001 book, "Day of Deception," it was revealed that there was an 8 point plan on how to get the U.S. involved in war, DESPITE the strong isolationist sentiment of the american public.

FDR followed the plan, point by point. japan was put into an economic and diplomatic position where the ONLY solution to slow economic strangulation, was the MILITARY option.

bottom line, while 12/7/41 was "manufactured" by japan, it was "ENGINEERED" in the good ole u.s.a.


carfan3carfan3 - 1/6/2007 12:29:27 AM
0 Boost
For GM, it's about sales races and desperately hanging on to their No. spot"?????

Maybe in the past. Looks like they are more concerned with quality now. It is easy to judge a company from the outside looking in. Turning a company the size and age of GM around is not the same as a much younger and smaller Toyota. Depending on how many acquisitions and reorgs have happened over the years, in general, there are many more legacy costs associated with an older company such as GM.

I guess you can compare both companies' philosophies because you actually sat in on numerous planning sessions? Or is it merely speculation?


carfan3carfan3 - 1/6/2007 10:27:46 AM
-3 Boost
You forget that GM is a global company. What are the majority of vehicles sold outside of the US? Cars. Are Opel/Vauxhall/Holden/Saab/etc. all trucks?

You must be a tree hugger from California.


LexusLexus - 1/5/2007 7:40:20 PM
+4 Boost

Wagoner, yeah whatever bro! LOL:) our people take pride in it. What the people want is better car both in the designing and realiability dept.

Sure go ahead and make that 9.42 million vechicles GM and see if you could sale it. Any auto company can try to make alot of vechicles but can you sale all of it, without giving incentive and all the other freebie?

Lexus


LexusLexus - 1/5/2007 7:44:12 PM
+3 Boost
El34, what hell is your problem man, that was the past this is now; secondly what does that has to do with this? Toyota pump in billion of dollars a years into this country. They also provide a security jobs for many of the American family that work for their plant.

Lexus


paul3230paul3230 - 1/5/2007 10:24:30 PM
-4 Boost
Oh and GM doesn't???!! Give me a freaking break. GM accounts for 1% of the TOTAL US GDP. Dude..that's huge. Yeah, yeah, I know GM has laid off workers and have closed plants. Yep, it's sad. But GM still operates close to 80 plants in North America alone.


silverarrow2silverarrow2 - 1/5/2007 9:18:01 PM
-3 Boost
"...Toyota isn't concerned about becoming No. 1 globally, said spokesman Irv Miller. The company is working to keep its quality high, focus on customers and roll out its new Tundra full-sized pickup truck, he said"

Right! and I'm not interested in having Bill Gate's bank account.


EL34EL34 - 1/5/2007 11:12:54 PM
+2 Boost
Toyota should change the name from the Tundra to the Gargoyle.

Toyota designed a truck and tried to use the design cues the fugly Celica.

I wouldn't be caught dead in that truck.


DaveDave - 1/5/2007 10:12:10 PM
+7 Boost
There's an old (proverb)saying that Chief Executive Rick Wagoner should know, if he hasn't already...."Greatness flees from him who seeks it, and follows him, who flees from it."


courtstonecourtstone - 1/6/2007 7:29:34 AM
+3 Boost
I like that saying Dave.


sexi_gay_boisexi_gay_boi - 1/5/2007 11:41:53 PM
0 Boost
why waste your time writing such a ridiculous post??? abviously toyota is better - okay so the '07 Camry had some tranny problems... but thats over!

Remember last week??? Less than 15000 miles on an '6 Caddy CTS-V and the dude's car was spewin' white smoke out tha back!!!!

When on record have you seen a Toyota (other than the '07 Camry) have extreme trouble?!?!?!?

this post sickens me on how half brained some people on this website are! lolz jeez

im out...

- sexi


carfan3carfan3 - 1/6/2007 12:08:54 AM
-3 Boost
"Toyota isn't concerned about becoming No. 1 globally, said spokesman Irv Miller".....You're very naive if you believe that.

What is wrong with striving to be #1? I can hear conference rooms of number twos in every industry strategizing how to keep the status quo. Come on! If you are not #1, you're trying to be #1.

Proverbs and excuses all sound like sour grapes to me.

Toyota pumping in billions of dollars into this country? What about Toyota pumping a greater amount back to Japan as profit where the main headquarters is located......doesn't sound favorable for us.

Jobs? Sure they provide jobs. Do they create as many jobs as they are indirectly costing?......doesn't sound favorable for us. And the types of jobs that are being displaced, it's average educational levels, pay, etc. Are engineering jobs being displaced? Fact is that the big 2 still invest considerably more into our country and impact our economy to a much greater extent than any foreign-based auto company.

"admire the Japanese for their humble and gracious attitudes"....That is a load of bull. Ask many of the other asian countries if they see the Japanese as humble and gracious. They sold the perception hook, line, and sinker. BTW, who is #1 in China?


flozel1flozel1 - 1/6/2007 2:17:07 PM
+3 Boost
"What about Toyota pumping a greater amount back to Japan as profit where the main headquarters is"

Dude, I'm not sure if you're aware...but if i would guess I would say the reason for this is that Toyota IS A JAPANESE COMPANY. Now, name me one FOREIGN company that poured as much investment in the US as much as Toyota has.

What really puzzles me is how some dimwits criticize Toyota for exporting boatlods of their vehicles to our shores and then when the company decides to build vehicles here, criticize them again for having their profits moved to Japan.

No one criticizes Microsoft and the other mega corporations with factories around the world from transferring profits back to the US.

But somehow, there's something so evil about Toyota that it doesn't matter what they do, they'd never get good press to some poeple here.


2JZSoarer2JZSoarer - 1/6/2007 12:17:00 AM
+4 Boost
Who cares about being number 1,when your the richest car company in the world(Toyota)!!


carfan3carfan3 - 1/6/2007 12:41:20 AM
-3 Boost
wouldn't be so brash....being the richest can change very quickly....like maybe a revaluation of the yen?


carfan3carfan3 - 1/6/2007 12:54:16 AM
-2 Boost
btw...speaking of the yen, look into which currencies are the most undervalued and how that effects trade and economies.



carfan3carfan3 - 1/6/2007 1:01:42 AM
-1 Boost
google: "most undervalued currency"


rockerrocker - 1/6/2007 1:08:00 AM
+1 Boost
I always say, "Be careful what you wish for, you may just get it".


carfan3carfan3 - 1/6/2007 2:30:35 AM
-4 Boost
http://www.washingtonpost.com/wp-dyn/content/discussion/2006/11/14/DI2006111400874.html

"The argument is that Japan stopped intervening to keep the yen down about 18 months ago, so that the current value is, indeed, the market value. I think that misses a big point about Japan, which is that its government and major banks and financial institutions still work hand in hand to accomplish the same thing in other ways, by limiting the demand for yen from outside the country. There is also the system Japan has set up for using China, whose currency is pegged to the dollar, as a major target of FDI and source of parts for its manufacturing machine."

Nice try to redirect. The topic is not the Germans. By all means...feel free to start another thread about that.

BTW, Have I commented on the Germans? No, I did not. So how can you blindly make that assessment? Well, I guess that is your M.O.

How do you define "high paying jobs"?

Also, for GM, the closing of plants does not equate to a loss of jobs due to the Jobs Bank program that was set up a while ago (which I think was a stupid idea). This is part of the "legacy costs" I had mentioned prior.


carfan3carfan3 - 1/6/2007 2:31:40 AM
-3 Boost
http://www.washingtonpost.com/wp-dyn/content/
discussion/2006/11/14/DI2006111400874.html


carfan3carfan3 - 1/6/2007 9:21:00 AM
-4 Boost
For all of those that admire Japanese products and philosophies so much, why don't you just live there (if you don't already)?


carfan3carfan3 - 1/6/2007 10:22:27 AM
-3 Boost
Wildo! Once again stinking your juvenile nose in where it does not belong! Learn to read before submitting a reply. Did I say I hate everthing that is not American?

Did I strike a nerve? Did you try to move to Japan and felt out of place?

To reiterate for those who are reading impared, if you love the Japanese way of life, move there and be happy. I love the USA and am tired of folks that bad mouth anything about it....including it's auto industry. Oh yes! Us Americans can't possibly stack up to other nations and cultures! (sarcasm) BS! We have great people. Always willing to help other counties in need, especially when a natural disaster hits.....but everyone always forgets the good. We are always the evil folks and the Japanese are always the saints and saviors. WTF!


carfan3carfan3 - 1/6/2007 9:55:52 PM
+1 Boost
If you love America so much, it's companies deserve at least a fair chance. What is the last GM or Ford product you have owned?


carfan3carfan3 - 1/6/2007 10:01:08 PM
+2 Boost
btw...look who's talking....your comment "trailer park with your confederate flag and continue being ignorant" is bigoted.


LexusLexus - 1/6/2007 2:53:50 AM
+4 Boost

Give a break bro! did I say GM does not provide work for American workers? NO! Read the post first before you reply to it.


truckmentruckmen - 1/6/2007 4:42:40 AM
+2 Boost
If Toyota wins that would get Chevy to fight harder and hopefully will improve product and not more flowery PR.In the end as a Canadian I want America to have the best vehicles because when America is doing bad Canada does bad.With all this competition hopefully it will improve reliability and extend warantees of more companies, after all don't they believe in there product?


carfan3carfan3 - 1/6/2007 10:34:25 AM
+2 Boost
Is China the 52nd state since the yuan is tied to the US$?


XYZZXYZZ - 1/7/2007 5:54:54 AM
+1 Boost
canadians CANNOT HELP being affected/dominated by the u.s. economy.

canada's population, despite the VASTNESS of their lands, is JUST 10% of the u.s. population.


carfan3carfan3 - 1/6/2007 10:32:39 AM
+1 Boost
Perl Harbor was brought up before.
If folks can forgive Perl Harbor and buy Japanese products, then surely, GM and the American auto industry can be forgiven for it's past indiscretions.


carfan3carfan3 - 1/6/2007 10:35:57 AM
+1 Boost
spelling correction....Pearl Harbor


carfan3carfan3 - 1/6/2007 10:04:49 PM
+1 Boost
Look at the anti-American comments....and the comments about GM or Ford....are the majority of them truely fair?


RupertRupert - 1/6/2007 8:50:42 PM
+2 Boost
china is also stockpiling huge amounts of US dollars, by not buying back many goods with the money they make from selling goods to the US (think how many made in china stickers you see). one day, they'll sell all their dollars. then the dollar will plummet in value. there will be an economic disaster.


carfan3carfan3 - 1/6/2007 9:47:34 PM
0 Boost
Why did I not complain about China? Because that is not the topic. Is Toyota based in China? No. I know your ADHD impairs you from staying on topic; however, thankfully, you have me to real you in. Like I said before, if you would like to discuss the transgressions of other countries or companies, by all means start a new thread.

Huu, you know nothing about me, nor my background. You really need to learn to keep your inexperienced mouth shut and leave the more elevated conversations to those that can handle it.



lexusis350lexusis350 - 1/6/2007 7:32:26 PM
+3 Boost
I don't know if GM will hold out long enough. Already, I see more 2007 Camrys than the entire last generation modles, from each year.


truckmentruckmen - 1/7/2007 4:50:02 AM
0 Boost
A reply to Lexusadmirer I am not an economist but it is a fact when America does bad economically Canada feels it too, Just a fact of life unfortunatly.When I worked as an Artist for around 12 years we would always know when America's economy was good or bad! And Americans are the majority of the collectors that can afford and apreciate fine art.I like Toyota better but am eagar to find a reason to buy a chevy.I like Chev's warrantee much better.When Toyota does badly you never hear about it and opposite is true for the chev.


lexusis350lexusis350 - 1/10/2007 12:08:07 AM
+1 Boost
What?!? On this site, the Toyota recall was a field day for the Lexus-Haters. In fact, you hear more about Toyota's problems than Chevy's because Toyota has a reputation to protect.


carfan3carfan3 - 1/6/2007 10:50:26 PM
+1 Boost
Sorry...did not catch that typo...thanks.

My whole point...before we get way off topic is that all of these large corporations are the same. I live in the good ol' USA...so I naturally root for the home teams. It's ok to armchair quarterback like we all do; however, at the end of the day, unless some of us actually sit in the the board rooms of these auto giants, all of our comments are merely speculation.

I don't give the Germans a "get out of jail free" card. I think what the EU does toward protecting its businesses is also wrong....Airbus vs. Boeing comes to mind.


M53RM53R - 1/7/2007 11:50:49 AM
+1 Boost
this is y this man is losing his pants without knowing.
Somebody has to wake him up and tell him " welcome to the real world, where GM is eating $H@%# and toyota is gaining. God this guy needs help....


rockerrocker - 1/7/2007 1:57:39 PM
+1 Boost
All US car companies have the same issue. Under the thumb of the unions for decaeds. Let other countries car companies try and dig out from that. And by year end sales for US only Toyota has over 1.5 million car gap to close before they catch GM. That is a big number even with GM losing 400,000 cars in sales last year vs. 2005.



LexusLexus - 1/8/2007 1:05:50 AM
+1 Boost

This has nothing to do with racist or Pearl Harbor, it all about comfort, better design and realability my friend. American use to make really decent vechicle, people star buying Japanese vechicle is because you get more bang for your bucks, better design and realibility.

Lexus


LexusLexus - 1/8/2007 1:11:33 AM
+1 Boost
correction, it "start"

If the American car company want their own people to buy their car, make better, more realible cars, than they will sales more.


Lexus


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