Do You Know The REAL Reason Why Toyota Supports The Big Bailout?

Do You Know The REAL Reason Why Toyota Supports The Big Bailout?
 Detroit's Big Three aren't the only automotive companies that want to see the government step in with some much-needed financial help.

Overseas automakers, most notably Toyota Motor, all endorse some form of federal aid to keep General Motors Chrysler LLC and possibly Ford Motor out of bankruptcy.

This may seem surprising at first, especially considering that much of the opposition to the auto bailout was from senators from Southern states that are home to auto plants operated by Asian auto companies, such as Alabama and South Carolina. But the Asian automakers insist they never lobbied against such help for the Big Three.

And this makes sense after taking a closer look at the dynamics of the auto industry and the intertwined fates of its companies.
 


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HyundaiHyundai - 12/16/2008 8:35:20 PM
+4 Boost
You didn't say that..

I HATE Chinese manufacturers.. in EVERY sector. I know many other manufacturers that feel the same way too. They are little thieves that turn out absolute CRAP reverse-engineered products with the worst imaginable quality.


NItePhireNItePhire - 12/16/2008 3:30:56 PM
+6 Boost
They dont want to be seen as a Large Car Company. But they are and cant avoid it.If both GM and Chrysler went out of business then they are afraid some Americans would blame them and would create a huge backlash. IMO.


tundrahqtundrahq - 12/16/2008 6:26:04 PM
+2 Boost
You are correct - at least I think so.


WorldofLuxuryWorldofLuxury - 12/16/2008 7:52:05 PM
+1 Boost
+1 and right on the spot!


neutralneutral - 12/16/2008 10:34:54 PM
+5 Boost
So what.

GM goes down, Chrysler definately goes down. Then Ford goes down. Toyota/Honda might have it tought for a little while, but would survive. Then in a few years, once everything has turned around, no one has a choice but to buy their cars.

Americans are going to stand around shrugging wondering why we are sending a few MORE hundred billion overseas every year. Then some know-it-all liberal arts-environmentalist is blame it on "cars no one wants to buy" or "fuel economy" blah blah blah.

Then Toyota will be the great automotive devil that GM used to be, the cycle continues.

Im sorry, but my fellow Americans are by far, the most ignorant, less-than-average-intelligent people on the face of the earth. Here we have such a vital part of our society, an icon of what America, and instead of a LOAN, we would rather suffer the massive and permanent consequences of LETTING them go under.

The bobblehead media reports that the majority of Americans don't support the Big3.... let us not forget that the VAST majority of Americans thought going into Iraq was the right thing to do in March of 2003. Sadly, Americans are too reliant on the media and are completely incapable of formulating rational, logical opinions and idea.


wooodwoood - 12/16/2008 10:55:28 PM
+4 Boost
neutral, you are right on the money. Hit the nail on the head. Bullseye!


neutralneutral - 12/16/2008 11:17:50 PM
+2 Boost
Thank you Woood, its appreciated.

I often come across as an ignorant, un-intelligent, rash moron with a low IQ. I understand this perception and recognize it, however it's not at all true.

I simply look long term, weighing all factors when I make my opinions/arguments. In the end, I understand that America is oriented towards "quick-money" and as un-technical as possilbe. I feel like a minority by defending and promoting American technological/industrial intersts againsts the less than informed people in our society who get all the media attention (Michael Moore, Nanci Pelosi, etc).

Once again,

Thanks


veyron1001veyron1001 - 12/16/2008 4:07:44 PM
-4 Boost
I think Toyota would like the failing 3 to slowly die allowing the parts suppliers to adjust to the supply and demand and they will in turn take over the market completely.


dumpstydumpsty - 12/16/2008 4:34:55 PM
+3 Boost
The foreign automakers know that the survival of at least 2 of the Big 3 will ensure that their materials costs remain low and also prevents most of their shared suppliers from being forced out of business due to lower demand for services and supplies.

The auto industry is where you'll find that competitors often rely on each other to help keep costs low whenever there is an opportunity to do so. Otherwise, each automaker would have their own complete set of suppliers for their vehicles and that wouldn't be very cost effective.


veyron1001veyron1001 - 12/16/2008 7:24:29 PM
-3 Boost
The 2nd hand Euro market would do very well in the US. Unfortunately no one will ship used cars in bulk. People will pay a premium for a higher quality car.


neutralneutral - 12/16/2008 10:41:03 PM
-1 Boost
veyron1001,

I don't like stooping to personal attacks,

But judging from all of your comments on this site, you are by far, one of the dumbest people whom I've ever come across, both in person and on the internet.

Your comments are so short sighted and ignorant, I have to assume you aren't of any worth to society. You obviously don't have a college degree, and most likely you have not graduated from high school.



truckmantruckman - 12/17/2008 1:08:56 PM
0 Boost
Apparently Toyota has been bailed out in the paST.


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