What a headline......Toyota chief fears GM, Ford demise

[Desert Dan]

What a headline......Amazing that Toyota even considers this.....from CNN

Toyota chief fears GM, Ford demise

CEO says U.S. policy may turn against Japanese automakers if American carmakers collapse..

OSAKA, Japan (Reuters) - The outspoken chairman of Toyota Motor Corp. said on Wednesday he feared the possibility that U.S. policy could turn against Japanese auto makers if local giants such as GM and Ford were to collapse.

Find this article at:
http://www.cnn.com/2005/AUTOS/06/08/...eut/index.html

[Desert Dan]

What a headline......Amazing that Toyota even considers this.....from CNN

Toyota chief fears GM, Ford demise

CEO says U.S. policy may turn against Japanese automakers if American carmakers collapse..

OSAKA, Japan (Reuters) - The outspoken chairman of Toyota Motor Corp. said on Wednesday he feared the possibility that U.S. policy could turn against Japanese auto makers if local giants such as GM and Ford were to collapse.

Find this article at:
http://www.cnn.com/2005/AUTOS/06/08/...eut/index.html

[Hummer Guy]

I saw some articles about that...The whole notion of raising prices on Toyotas sounds good for the American car companies on the surface...but it almost sounds like Toyota is using the guise of 'helping out Americans' to 'increase profits 10%'...any thoughts?

[HummerNewbie]

If import taxes were fair going either way then things would be better for us auto makers. I recall a news story a number of years ago about importing us vehicles to Japan. At the time a $20K mustang would cost about $40K there because of their import taxes. Doesn't seem fair to me.

[XM DUDE]

Bring back the terrif on forgen goods!

[Desert Dan]

Trade with Japan should be a 2-way street

If they have high tarrifs/taxes on our goods we should have equal tarrifs on Japanese goods too!

[H3 Builder]

Not only foreign autos, but steel, and a lot of other things that are made in China and other 3'rd world countries. Look at how many are in Mexico now. That's our government for us. And that's not just picking political parties, that's all of them. OK, I feel a little better now.

[XM DUDE]

Just wait untill China declars war on us 20 to 30 years down the road as thy will then make everything and we will be screwed!

[funpilot]

It is actually a smart move by Toyota on a number of levels. Don't forget they build most of what they sell here and this will be well received by the unions.