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?