Toyota, GM, and Ford differences

MAJOR FOREIGN HOLDERS OF TREASURY SECURITIES (in billions of dollars)

2005 Jan Mainland China 223.5

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Reply to
351CJ
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My statement concerns the aggregate sum total of economic issues from the past to the present.

Reply to
Charge

What correction?

The US may be be able to solve many problems by simply export Wally World The Big Box Store to China!

Reply to
Charge

Totally agree

They buy Toyota because it is best value for money, best customer care, best quality

Reply to
gosinn

Why isn't Treasury's own site more up-to-date? Since January, estimates are that we're giving the Chinese an extra $30 billion per month. Not all of that will be in t-bills, of course.

This is in the Washington Post:

The Washington Post

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China Set to Reduce Exposure to Dollar

Move Would Probably Push Currency Down

By Peter S. Goodman Washington Post Foreign Service

SHANGHAI, Jan. 9 -- China has resolved to shift some of its foreign exchange reserves -- now in excess of $800 billion -- away from the U.S. dollar and into other world currencies in a move likely to push down the value of the greenback, a high-level state economist who advises the nation's economic policymakers said in an interview Monday.

Reply to
DH

True. Look at Volvos as well. My the crap that comes out here in an attempt to be negative about "so called" imports.

Reply to
Spam Hater

Neither Japan, China, etc, are likely to call in the total or even a major portion of debt holdings because the domino effect would reverberate worldwide, and the results may be a global economic meltdown leading to armed conflict. The last thing someone like China needs is for the Russians; weakened as they may be, they still hold a nuclear advantage over china; to launch a campaign to accumulate wealth. Look back at the history of armed conflict and you see that economic strife is the base cause. Japan's need for raw resources of which it had been deprived leading into WW2. Germany, where people carried baskets filled with Deutsche marks just to buy a loaf of bread. China is not stupid. Neither is Japan, which needs the US might to help protect them from China. You should be more worried about some third world country who had nothing, and nothing to lose and everything to gain, by throwing a nuke... even if it's the only one they possess.

Reply to
Spike

Maybe the ones who should go bankruptcy is toyota after making such ugly cars

Reply to
Joshua Roa

Investors from other countries invest for the same reason anyone else invests, a good return on their investment. The reason people from other countries invest in the US, be it their funds or capital in new facilities like the foreign manufactures, is the same reason Americans invest in America, the largest, best, most dynamic, secure, ever growing economy in the world, period. The US economy ALWAYS leads the other economies one the way UP and it is the last to follow other economies on the way DOWN. Regardless of what some would like us to believe the US economy is strong and growing exponentially today. Faster and better than any other in the world, by far. ;)

mike hunt

Reply to
Mike Hunter

Really? I never said it was a problem exclusive to Honda or imports. Why then does this condition only occur on the front wheels of certain vehicles, like those mentioned, and why only on the front wheels on vehicles with four wheel discs? LOL

mike hunt

Reply to
Mike Hunter

Why do all the Bush haters always see what they perceive to be the negative side of every issue? Chinas purpose is to reinforce its controlled currency which is over inflated, by slowing the GROWTH.of the dollar. ;)

mike hunt

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Reply to
Mike Hunter

That is what I said, but far more buyers buy GM, Ford, and Chrysler vehicles because THEY obviously believe the brand THEY buy is the best value for money, best customer care, and best quality ;)

mike hunt

Reply to
Mike Hunter

Go into the various NG and you will discover my observation is right on. Toyota owners are always bashing other brands, particularly domestics. You seldom hear that in other NG. I think Toyota owners are trying to justify to themselves why they paid way to much for a vehicle that in reality no better than any other. LOL

mike hunt

Reply to
Mike Hunter

I spent over thirty years of my life as a automotive design engineer, retiring in 1986 at age 60. Your recollection is a bit foggy. FWD cars cost more for manufactures to build than the larger RWD vehicles they replaced. Chrysler had to sell their new smaller 4 cy FWD cars for at least 20% more than the larger V8 and 6 cy RWD cars they replaced, to earn a profit. The economies of scale of using one chassis to make ten variation of the same basic vehicle chassis was what enabled Chrysler to afford the billons to convert their assembly plants to FWD.

mike hunt

Reply to
Mike Hunter

It is good that we are in agreement

I have sometime misunderstood your posts

Reply to
gosinn

Can we assume you are not a math major or even a gambler? LOL

PS. Both Toyota and Ford as well as other manufacture had bad experiences with head gaskets after the government instituted a ban on asbestos. Ford replace bad head gaskets for up to eight years or 100K. Toyota would not do so past 60K 5yrs for their customers

mike hunt

Reply to
Mike Hunter

I'm glad we can agree that more buyers buy GM, Ford, and Chrysler vehicles than Toyota because THEY obviously believe the brand THEY buy is the best value for money, best customer care, and best quality

mike hunt

because THEY obviously believe the brand THEY buy is the best value for money, best customer care, and best quality ;)

Reply to
Mike Hunter

Why do lying, top-posting idiots see attacks on Bush where there is none?

Reply to
dizzy

"Sales at Chrysler, GM and Ford are falling as buyers defect to Toyota, the worlds second-biggest automaker, and other Asian rivals."

------------------------- GM, Ford December U.S. Auto Sales Fall; Toyota Gains

Jan. 4 (Bloomberg) -- General Motors Corp., Ford Motor Co. and DaimlerChrysler AG reported lower U.S. auto sales for a third straight month as Asian automakers led by Toyota Motor Corp. likely gained market share.

GM, the worlds largest automaker, said today its U.S. December sales fell 10 percent to 392,041 cars and trucks. Ford, the second-biggest U.S. carmaker, said its sales dropped 9 percent to 267,881, while DaimlerChrysler, No. 3 in the U.S., said Chrysler and Mercedes-Benz vehicle sales fell 2 percent to 220,641. Toyotas sales rose 8.2 percent to 203,279.

Cars and light trucks in the U.S. sold at an annual rate of 16.9 million units last month, down from 17.9 million a year earlier, according to a Bloomberg survey of analysts and economists. Sales in 2005 probably matched the 16.9 million of a year earlier.

The domestics have been suffering and the imports have been gaining, said Jeremy Anwyl, president of automotive data service Edmunds.com. The real question is: Whats going to happen in 2006?

Sales at Chrysler, GM and Ford are falling as buyers defect to Toyota, the worlds second-biggest automaker, and other Asian rivals. The declines are a reversal of gains in June and July, when U.S. carmakers offered employee discounts for all buyers. GM hasnt had a sales increase since July, and Ford reported lower U.S. sales each month since August.

Toyotas U.S. sales for all of 2005 rose 10 percent to 2.26 million vehicles, the biggest unit increase among all automakers.

General Motors

GMs December car sales fell 19 percent to 131,687 as models such as the Chevrolet Impala fell 22 percent and the Chevy Monte Carlo declined 36 percent.

Light-truck sales declined 4.7 percent as Chevrolet Suburban sport-utility vehicles fell 36 percent and the Chevy Tahoe dipped 12 percent. Sales of large pickups such as the Chevy Silverado rose 1.7 percent.

For the year, GM reported a 4 percent decline to 4.52 million vehicles.

Chrysler sales dropped 5 percent to 189,449 in December, the Stuttgart, Germany-based company said in a statement. The U.S. unit still posted its second straight annual U.S. sales gain. Mercedes-Benz sales in December increased 17 percent to 31,192, bringing them to a record for the year.

Chrysler started offering a debit card with $2,400 toward gasoline purchases along with free maintenance for two years and extended warranties on most 2005 and

2006 models after October sales fell 3.1 percent. Chrysler today extended the program until Jan. 9, when it will announce new incentives, spokesman Kevin McCormick said.

Ford

Sales of Dearborn, Michigan-based Fords F-Series pickup trucks, the best-selling line of vehicles in the U.S., fell 6.2 percent to 89,491. The company sold 901,463 F-Series in 2005, a 4 percent decline, while still hitting its target of selling at least 900,000 of the vehicles.

Nissan Motor Co., Japans No. 2 carmaker, sold 91,253 cars and trucks last month, down 1.1 percent from a year earlier, Jed Connelly, the automakers head of U.S. sales, said in an interview.

For all of 2005, Tokyo-based Nissan sold 1.076 million vehicles to U.S. drivers, up 9.1 percent from 2004 and the first time the company has exceeded 1 million units in a calendar year, Connelly said by phone from Nissans Canton, Mississippi, assembly plant.

Honda

Honda Motor Co.s U.S. December sales fell 3.3 percent to 132,800 cars and trucks. Cars posted a 16 percent decline, led by a 31 percent drop in Accord sedans, while light-truck sales rose

14.1 percent on an 18 percent gain in Pilot SUV sales and the addition of its Ridgeline pickup.

The Asians continue to stay the course, said David Lucas, an analyst with Autodata Corp.

A rise in gasoline prices to records last year helped cars regain market share against pickup trucks and SUVs for the first time in 25 years, benefiting Asian companies that sell smaller, more fuel-efficient vehicles, said John Murphy, an analyst with Merrill Lynch & Co.

GMs 2006 earnings per share forecast was cut by JPMorgan Chase & Co. today to 70 cents from $2.35 because planned cuts in manufacturing capacity and health-care costs wont have a significant effect on results until 2007.

Sales at Detroit-based GM, which along with Ford has depended on trucks and SUVs to boost profit, declined 3.8 percent through November, while Fords fell 4.3 percent.

Chevrolet

GMs Chevrolet ended 2005 as the biggest-selling nameplate in the U.S., with a total of 2.67 million vehicles sold. It was the first time since 1986 that Chevrolet reached No. 1, beating out Fords namesake Ford division with 2.65 million. Chevrolets TrailBlazer also took over from Fords Explorer as the top- selling SUV.

GMs total market share through November was down 1.3 percentage points from a year earlier to 26.2 percent. Ford dropped 1.2 percentage points to 18.6 percent.

Septembers hurricanes and $3 a gallon gasoline served as a turning point in consumer preference, Murphy wrote in a Dec. 22 research report. If this trend continues in 06, the Big Three, which rely heavily on light trucks for the majority of their sales, could experience accelerated market share losses.

Dubious

General Motors, which lost $4.8 billion in North America in the first nine months of 2005, had its credit rating reduced to below investment grade, or junk, last year as sales declined. Standard & Poors, in lowering GMs rating a fourth time in 2005, last month said falling sales of large SUVs made it dubious that the carmaker can restore North American profit with new models in 2006.

GM Chief Executive Officer Rick Wagoner said on Dec. 15 that even if the large SUV market doesnt recover in 2006, GM has a huge ownership base that will buy its next-generation models. GM will get a profit and sales boost by mid-2006 when redesigned vehicles are on the market, said Joseph Amaturo, an analyst with Calyon Securities in New York.

Global Insights Lindland said GMs market share will fall to 25.2 percent in 2006, and Fords will drop to 17.6 percent. Toyotas share will climb to 13.9 percent, allowing it to surpass Chrysler as third-biggest in U.S. sales. The market share for domestic automakers will end 2005 at 58 percent, down from 58.7 percent in 2004, and may decline to 56 percent in 2006, Lindland said.

Falling Sales

Robert Barry, an analyst with Goldman, Sachs & Co., estimated automakers can sell 16.8 million cars and trucks to U.S. consumers in 2006 as long as they lower prices aggressively.

While December was likely the biggest month since July, when GM, Ford and Chrysler offered employee prices to consumers, year-end incentives werent enough to push sales above year-ago levels.

Manufacturers incentives through Dec. 15 fell 8 percent from a year earlier, while dealer incentives rose 13 percent, according to Art Spinella, president of CNW Marketing Research in Bandon, Oregon.

Auto sales are expressed on an annualized basis to reflect seasonal shifts in buying patterns. Last years monthly seasonally adjusted rates ranged from 14.7 million in October to 20.9 million in July, according to Bloomberg data. Automakers have sold an average of 17 million vehicles annually in the U.S. this decade.

Reply to
gosinn

Stupid troll. I can't believe that even a top-posting retard like yourself is unaware that the front brakes do the vast majority of the work, especially on a FWD car.

Reply to
dizzy

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