Toyota is more worried about Hyundai in other markets around the world where
it must compete. Don't forget vehicle pricing is market bases and the
lower costs in Korea gives the Korean manufactures a big advantage. As to
VW, the cost of building in the socialists countries is much high than in
the US or Japan. They way the current administration is building
unsustainable debt will make build costs for all industries in the US to
skyrocket over the next ten years.
As we move more and more to a service economy more manufacturing will be
"offshore" and not in the U.S. It's unfortunate that the "current"
administration is responsible for all this debt, but that is a topic
best left to another group.
On 7/14/2010 10:57 AM, Mike Hunter wrote:
Debt responsibility is such a tricky thing. A slippery slope. One
administration inherits a multiplicity of problems from a past
administration and all of a sudden the current administration is
responsible of everything? And problems it took the past administration
eight years to create should be fixed by the current administration in a
year or two? Oh, but you're correct, this is a topic that is best not
posted to three alt.auto groups. Hmmmm. Interesting concept. 8-)
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