AL, KY, IN, MS Governors are crying out for Toyota
Actually, before we opened up trade with China (early 90's, Clinton administration), Japan had already taken a lot of the manufacturing jobs. As far back as can I remember (1960's), a lot of everyday things said "made in Japan" on them which wasn't an endearing statement at all. When trade opened up with China, their labor was much cheaper than Japan's and they took over building all of the junk we buy. Japan's economy suffered around that time too. It's just a matter of time before China's high value products like cars get to be world class. When that happens, they'll start exporting them here and big bad Toyota is going to start feeling like poor old General Motors.
Perhaps you can't see the difference?
And no, I'm not defending them nor Toyota. This situation is simply one of those unintended consequences of the Federal Gov't stepping in and essentially buying a large US company.
No I'm not saying its a conspiracy. Did you read what I wrote, or what you wanted to read?
My concern....again....is that with the government owning a large portion of GM and Chrysler (whether they are actually running anything or not), the potential for conflict of interest, or appearance of conflict of interest (and perception is reality in the eyes of the perceiver) is a valid point.
IMHO, if the situation were reversed, some of ya'll would be crying bloody murder at whatever gov't (which owned a majority stake in one or more of that countries car makers) was handling a hypothetical safety-related recall of American-made cars in whatever country it was in. Or course, that is easy to deny, as it isn't happening, but I digress.
Disagree if you wish. I'm fine with that.
Bob
My concern....again....is that with the government owning a large portion of GM and Chrysler (whether they are actually running anything or not), the potential for conflict of interest, or appearance of conflict of interest (and perception is reality in the eyes of the perceiver) is a valid point.
IMHO, if the situation were reversed, some of ya'll would be crying bloody murder at whatever gov't (which owned a majority stake in one or more of that countries car makers) was handling a hypothetical safety-related recall of American-made cars in whatever country it was in. Or course, that is easy to deny, as it isn't happening, but I digress.
Disagree if you wish. I'm fine with that.
Bob
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Automotive News / Industry / Future Vehicle Discussion
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Oct 16, 2002 10:06 PM



