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Re: Has Toyota gone mad?
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
"Some O" <SO@nospam.net> wrote in message
news:SO-F0AC19.16593316072006@news.telus.net...[color=blue]
> From the Business Week site:[color=green]
>> 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.[/color]
> [url]http://www.businessweek.com/bwdaily/dnflash/content/jul2006/db20060714_33[/url]
> 0155.htm?chan=top+news_top+news
>
> Sometimes stranger things have happened, driven by corporate pressures.[/color]
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