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You didn't read the article.GM success comes from US and China
And you are just plain dense. They are selling more vehicles worldwide because Japan (home of Toyota) has been decimated. What effect do you think an earthquake of 9+magnitude would have on GM sales if it happened in Detroit?
And you are just plain dense. They are selling more vehicles worldwide because Japan (home of Toyota) has been decimated. What effect do you think an earthquake of 9+magnitude would have on GM sales if it happened in Detroit?
GM was well on its way to record growth before the earthquake and tsunami struck and while the slow up of production in Toyota factories here does have a slight benefit to GM, it's not by any means an explanation for their record growth. (People who buy foriegn, aren't easily swayed to buy American. They'll just wait the extra 3-5 months for their new car.) Toyota has learned that they have to diversify their parts production which---as sad as it is for Japan---has been good for American jobbers who are stepping up to the plate to tool up for Toyota parts to get them back in full swing by fall. They have been effected/helped by the problems in Japan 1,000 times more than GM. A spokesperson for Toyota said that diversifying parts production is a lesson they won't forget in the future, being the live in an earthquake prone country.
Last edited by Wayland Woman; 05-14-2011 at 10:11 AM..
GM was well on its way to record growth before the earthquake and tsunami struck and while the slow up of production in Toyota factories here does have a slight benefit to GM, it's not by any means an explanation for their record growth. (People who buy foriegn, aren't easily swayed to buy American. They'll just wait the extra 3-5 months for their new car.) Toyota has learned that they have to diversify their parts production which---as sad as it is for Japan---has been good for American jobbers who are stepping up to the plate to tool up for Toyota parts to get them back in full swing by fall. They have been effected/helped by the problems in Japan 1,000 times more than GM. A spokesperson for Toyota said that diversifying parts production is a lesson they won't forget in the future, being the live in an earthquake prone country.
At least the Japanese learn from their past mistakes. The same cannot be said for the US. We keep traveling down the same road wondering why we keep ending up at the same destination. Anyone wanna take bets on how soon the next bailout for GM will be?
At least the Japanese learn from their past mistakes. The same cannot be said for the US. We keep traveling down the same road wondering why we keep ending up at the same destination. Anyone wanna take bets on how soon the next bailout for GM will be?
About every 75 to 100 years, the growth and decline cycle of ALL game changing industries that grew cities and mega support/supplier base businesses around them. I can't believe how many people b***h about GM but don't give a flying fig about the oil companies getting 100 years worth of subsidies, especially now while they are having record profits. I know, I know, oil industry CEOs support Republicans and middle class factory workers support Democrats. Can't have those little guys/gals getting ahead. <sarcasm off>
About every 75 to 100 years, the growth and decline cycle of ALL game changing industries that grew cities and mega support/supplier base businesses around them. I can't believe how many people b***h about GM but don't give a flying fig about the oil companies getting 100 years worth of subsidies, especially now while they are having record profits. I know, I know, oil industry CEOs support Republicans and middle class factory workers support Democrats. Can't have those little guys/gals getting ahead. <sarcasm off>
Oil industry CEO's are no different than CEO's of any other industry, so please, stop the hatin'. Your comparison isn't quite as cut and dry as you'd like it to appear. Oil, like it or not, powers our entire economy. There is not one single sector of our economy that isn't reliant on a stable and continuous supply of oil. Not one. Now, I'm no fan of government subsidies but having energy stability would at least be a higher priority for most Americans than whether or not the GM union workers get to keep their pensions and other benefits. The GM bailout benefited a few at the expense of many.
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Your comparison isn't quite as cut and dry as you'd like it to appear. Oil, like it or not, powers our entire economy. There is not one single sector of our economy that isn't reliant on a stable and continuous supply of oil. Not one. Now, I'm no fan of government subsidies but having energy stability would at least be a higher priority for most Americans than whether or not the GM union workers get to keep their pensions and other benefits. The GM bailout benefited a few at the expense of many.
