5.0's 4 ever said:Actually toyota does trade on the NYSE, try lookin up (TM)
Yes toyota is a japanese company and in the end the profit does go back over to japan. But at the sametime they put a ton of money into this country and provide a lot of jobs for american and canadian citizens. Whats ford and GM doing on the other hand, well they are firing people, closing plants, and having more vehicles built down in mexico which in turn take more jobs away from americans.
Here are some facts:
In 2005, Toyota produced more than 1.55 million vehicles, more than 1.3 million engines and nearly 400,000 automatic transmissions at its North American manufacturing facilities.
By 2008, Toyota will have the annual capacity to build nearly two million cars and trucks, 1.44 million engines, and 600,000 automatic transmissions in North America.
Annual purchasing of parts, materials, goods and services from North American suppliers total more than $28 billion.
I still don't understand why no one doesn't get all mad about chrysler/dodge. In the long run their profit goes back to germany. Whats the difference between them and toyota?
jgressley2003 said:I thought I was the only one upset with toyota coming in. I still can't get over DJ going with those ricers next year. What are they going to bring next eclipses and preludes? Where does this garbage end? Nascar has always been about domestics (Ford, Chevy, Dodge) and now they are ruining it by bringing in the ricers.
bluevenom867 said:Well think if peopel would have never bought import cars in the first place,they would have had no reason to out source the labor and parts,rather WE would be exporting OUR cars cause they would be better....it got fugged up a long time ago and no one gives a damn enough to change it.
KCoppola said:Hey 89white5.0, you of all people should know that yankees only come from new york! i grew up in boston, and i don't take kindly to being called a yankee
i hate crapcar now... first its the winston that goes.. and now its toyota coming in.. as well as taking out the tauros.. one of the best running bodys ford's had
Look at it this way. Most of those assembly line, lower wage earning, NASCAR watching people are going to be spending all of their money here, in the U.S. on products made in Japan(electronics), Tawain and China (WalMart) and the like.srothfuss said:I understand that Toyota / Nissan / Honda all bring jobs to the American economy when they have plants or R&D centers located within our boarders. But where do those budgets come from? Where are the upper managment meetings held? I bet all of the big dollars are still in the eastern half of the world. Shoot Toyota is building a new R&D center in Ann Arbor Michigan. That means new jobs for lots of my fellow automotive people. What I am whining about is the fact that money we spend in the global economy needs to find it way back to American banks were it can accure interest. That interest usually finds it's way back into the pockets of the general public and thus back into the economy. Ford, GM and Chrysler (the American half) all do this. The fact that I don't watch NASCAR [non-stock car racing] anymore is a coincidence.
Penguin said:There is no American Economy anymore. It's a Global Economy.
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