Has Toyota gone mad?

Jul 16, 2006 3 Replies
S

From the Business Week site:



JULY 15, 2006
>
> Top News
> By David Welch and David Kiley
>
> Will Toyota Make a Play for GM?
> Toyota may be considering foiling Renault-Nissan by making a surprise move to
> hook up with GM
> Top executives at Toyota Motor are mulling their own overture to GM to head
> off rival Nissan from forging an alliance that could help the Japanese-French
> car company, according to people with knowledge of the Japanese auto maker's > plans.
> General Motors and Toyota have long worked together, albeit in a limited way.
> The two jointly operate an assembly plant in Freemont, Calif., where the
> Toyota Corolla, Matrix, and Tacoma pickup are assembled under the same roof
> as the Pontiac Vibe.

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Sometimes stranger things have happened, driven by corporate pressures.

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C

Well theyve stopped making/selling cars with any balls so nothing is impossible.

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M

I doubt it, Toyota, like in the California plant, would have to actually build vehicles in the US with at least 70% American parts, as required by the UAW contract, and get to show a '1' on the VIN. But if they do they will have to pay all their other US workers a decent wage like the workers in the California plant and offer them some decent medical care and other benefits like a good pension plan. Another disadvantage is Toyota will have to start paying US corporate income taxes on the profits they make in the US. One advantage for Toyota though, for the first time, they will honestly be able to say made in the US by Americans ;)

mike hunt

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S

Mike Hunter trolled:

Don't count on it.

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