Actually Japan's econonmy is not so good. From what I have read the USA's economy is growing, China/Korea is exploding, and they are well...not.

Basicly China and Korea are putting a hurt on them like they did to us years ago. Japan's economy is really dependent on the US being able to buy their products. If GM/Ford gets in serious trouble a US recession would not be far behind. This would be VERY BAD for Japan's economy plus let the cheaper Chinese/Korean products gain even more ground on them.

Japanese compaines have bailed/helped each other out in a "us vs them" type of mentality for years. I see this as more along those lines than anything else. This is desperation not bragging IMO.

 

Can you say, oooopppppssss!!!!!
I don't think that comment should have been made in public. Probably Toyota's exec shooting from the hip just like Lutz has done plenty of times.


Seriously though, if Japan does end up putting GM/Ford behind the 8 ball of bankrupcty, I doubt Congress will just stand by and let GM and Ford be run out of business. Think of how many jobs this country would lose. They'd end up putting tariffs on Japanese cars and bailing out GM/Ford.

 

Wow, what a writer this guy has...

I would bet that Toyota couldn't care less about GM's financial troubles. They're just seeing their cars sell like hot cakes so they're increasing the margin that individual cars sell for. Why not? By coming out publicly and saying they're doing this to help an American car company will only win them over more buyers.