Toyota consolidating truck plants, building Prius in USA
Toyota consolidating truck plants, building Prius in USA
The big three aren't the only ones shutting down truck plants to build cars...
http://www.nytimes.com/2008/07/11/bu...ss&oref=slogin
http://www.nytimes.com/2008/07/11/bu...ss&oref=slogin
Interesting. There was talk around here as recently as last month that Toyota was considering building the Prius here in Fremont (Nummi) because of the popularity and demand for them in California. But then I guess that would have probably required them to share some of their hybrid technology with GM, and they certainly don't want to do that.
Besides the obvious (the floor dropping out of the large truck market), the reson Toyota is moving Prius production here is because our dollar has dropped so far and our economy is so depressed that it's actually becoming cheaper to manufacturer a vehicle here than in Japan. Actually, it's becoming cheaper to manufacture a vehicle here than in almost any other first world nation.
Each time the dollar drops, your wage dropped.
The dollar has dropped something like 50% against the Euro's lowpoint.
That means to any country that uses the Euro, all else the same, you got a 50% pay cut over that period.
In short, based on world currency, we are drifting towards sweatshop wages.
http://sev.prnewswire.com/auto/20080...8062008-1.html
* Toyota linked to human trafficking and sweatshop abuse: Toyota's much admired "Just in Time" auto parts supply chain is riddled with sweatshop abuse, including the trafficking of foreign guest workers, mostly from China and Vietnam to Japan, who are stripped of their passports and often forced to work--including at subcontract plants supplying Toyota--16 hours a day, seven days a week, while being paid less than half the legal minimum wage. Guest workers who complain about abusive conditions are deported.
Yes I am. I am one of those people at Ford who procures parts from Overseas, and I can tell you that I have never gotten parts from a supplier who appeared to be using sweatshop labor...the plants I deal with are actually quite the opposite. Excellent working conditions, very clean, etc.
Wonder what the total cost to Toyota is for shipping vehicles from Japan and other Asian countries to the US? Last year alone they imported 47% of their total North America sales or roughly 1.5 million cars. With the price of fuel today not to mention the impact to the environment with not producing the product locally, its surely to be more costly than ever.
Yes I am. I am one of those people at Ford who procures parts from Overseas, and I can tell you that I have never gotten parts from a supplier who appeared to be using sweatshop labor...the plants I deal with are actually quite the opposite. Excellent working conditions, very clean, etc.
http://www.chinacsr.com/2007/12/26/1...ace-standards/
Good for them.
Reread this thread from the first week of June.
https://www.camaroz28.com/forums/sho...d.php?t=612174
I (particularly) got lambasted for bringing the idea that Toyota would be equally hard-hit for investing billions into a new full-size truck at the beginning of this market shift. Some said the reason Dodge and Ford were singled-out for scrutiny was because they are strapped for cash - maybe so, but a bad decision is a bad decision, I don't care who you are.
So I find myself here 1 month later looking at an article that says "Toyota acknowledged Thursday that, like its rival automakers in Detroit, it misjudged the drastic swing in the American market away from larger vehicles". That is all I was saying 1 month ago.
Vendication is like a grain of salt... it can taste great when applied properly or can be a pain when rubbed in a wound. It feels a little better when it reveals the playing field is getting closer to parity for the big 2.5.
You guys who know me know that I am not crying in my beer over this "new problem never faced before by Toyota".
https://www.camaroz28.com/forums/sho...d.php?t=612174
I (particularly) got lambasted for bringing the idea that Toyota would be equally hard-hit for investing billions into a new full-size truck at the beginning of this market shift. Some said the reason Dodge and Ford were singled-out for scrutiny was because they are strapped for cash - maybe so, but a bad decision is a bad decision, I don't care who you are.
So I find myself here 1 month later looking at an article that says "Toyota acknowledged Thursday that, like its rival automakers in Detroit, it misjudged the drastic swing in the American market away from larger vehicles". That is all I was saying 1 month ago.
Vendication is like a grain of salt... it can taste great when applied properly or can be a pain when rubbed in a wound. It feels a little better when it reveals the playing field is getting closer to parity for the big 2.5.
You guys who know me know that I am not crying in my beer over this "new problem never faced before by Toyota".
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