Tweet
Originally posted by chegitz guevara
Instead of saving GM or Ford, why not let them fall, then buy them?
Instead of saving GM or Ford, why not let them fall, then buy them?
-
Toyota doesn't do grand take-overs. They work by steadily and gradually building their business. It's probably one the reasons why they're so succesfull.DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts. -
If they had said that they need to raise prices because they can't take on so much market share so quickly while ensuring that they still put out a good product, then that would have been cool. But to say that they are doing it to prop up a sick man, so that in turn Uncle Sam doesn't do stupid stuff is really depressing.As far as I'm concerned Toyota just proves they're sensible and patient.I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
-
There's no sane reason for Toyota to take over a burden as large as the employee pensions owed by GM and Ford.
If GM went into unrecoverable bankruptcy then Toyota might buy a couple of their assembly plants and hire some of their laid-off workers, but why buy the whole cow when you can just get the milk?12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio RegumComment
-
This isn't new. Back in 1981/82 Japan voluntarily limited themselves to 1.6 million (iirc) cars shipped over to the US for the exact same reason: They didn't want to be blamed for putting Ford/GM/Chrysler out of business.Comment
-
Hmmmmm.Originally posted by DanS
Put yourself in an investor's shoes. Would you buy them? If not, then why would Toyota buy them?Christianity: The belief that a cosmic Jewish Zombie who was his own father can make you live forever if you symbolically eat his flesh and telepathically tell him you accept him as your master, so he can remove an evil force from your soul that is present in humanity because a rib-woman was convinced by a talking snake to eat from a magical tree...Comment
-
Toyota just announced they're building another huge assembly plant in Ontario, winning against US-based bids."The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
Ben Kenobi: "That means I'm doing something right. "Comment
-
It's depressing because they may be right. Congress is already in a protectionist mood and one wouldn't want to provoke a backlash by driving US' industrial symbols into the ground.Originally posted by DanS
If they had said that they need to raise prices because they can't take on so much market share so quickly while ensuring that they still put out a good product, then that would have been cool. But to say that they are doing it so that Uncle Sam doesn't do stupid stuff is really depressing.
Ford and GM are running themselves into the ground already - Toyota knows they're going to win over anyway - so why risk drawing patriotic ire by rushing it?DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.Comment
-
Toyota will end up pwning the Big Three.
I don't think people would be that pissed off if GM and/or Ford went under...everyone knows the Japanese make better cars, Toyota has a jillion plants in the US, and all that's ever in the news about Detroit is layoffs.meet the new boss, same as the old bossComment
-
The Japanese have been selling cars in the US for a long time. Everybody has a good idea about the quality of cars and trucks that they build. It's not quite like the early 80s. I think a backlash would be minimal, at this point.Ford and GM are running themselves into the ground already - Toyota knows they're going to win over anyway - so why risk drawing patriotic ire by rushing it?
Besides, if there's a sick man in the business without a viable business, then it's better for us that he be killed as soon as possible.I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
-
It'd be sad to see GM go under. They've got a fuel cell vehical slated to come out in 2011.Christianity: The belief that a cosmic Jewish Zombie who was his own father can make you live forever if you symbolically eat his flesh and telepathically tell him you accept him as your master, so he can remove an evil force from your soul that is present in humanity because a rib-woman was convinced by a talking snake to eat from a magical tree...Comment
-
And by then Toyota will have 18 models of fuel cell cars which cost 1/2 as much.12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio RegumComment
-
This is brilliant. Toyota gets to take the high road, make more money in the process, and wait for GM and Ford to die out.(\__/) 07/07/1937 - Never forget
(='.'=) "Claims demand evidence; extraordinary claims demand extraordinary evidence." -- Carl Sagan
(")_(") "Starting the fire from within."Comment
-
This isn't the high road. American consumers are getting shafted!I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
-
Ford and GM still sell about half the cars in the US, and they employ hundreds of thousands of Americans, directly and indirectly. If they'd go under there would be a *serious* amount of noise and a lot of blame-shifting in Toyota's direction.Originally posted by DanS
The Japanese have been selling cars in the US for a long time. Everybody has a good idea about the quality of cars and trucks that they build. It's not quite like the early 80s. I think a backlash would be minimal, at this point.
Besides, if there's a sick man in the business without a viable business, then it's better for us that he be killed as soon as possible.
By raising prices, they're throwing the ball to Detroit to prove themselves. They're essentially stating "We are not predators on a mission to crash America's industrial symbols: we just try to make good cars.", which probably is better PR than any kind of aggressive tactic would be.DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.Comment
-
Detroit has two responses:
1. Use the reprieve to fix (if possible) operations.
2. Raise their prices accordingly.
If they do #2, we should wash our (metaphorical) hands of them.Comment
Comment