Fitch lowers rating on Toyota due to market slump
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1eyedjack
"Toyota depends on the U.S. market for about half of its operating profit."
The US must learn from this and put a stop to it immediately... trust me, the big three auto manufacturers in the US don't have this same type of market access to Japan ! And what about this...
"The slump in the U.S. market is likely to put the brakes on Toyota’s growth because its strategy has focused on grabbing market share from American automakers"
There ya have it, Toyota has made an effort to put American companies out of business for years. Lets hope Prez elect Obama sends Toyota packing and takes over Toyota plants in the USA for GM, Chrysler, and Ford operations !
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Good_Jorb
You mean after they take over Toyota plants, they are then shipped to places like GM China, where a large majority of GM parts are currently produced. Japanese Cars sold in American are built with much higher percentage of North America made parts then American car companies use in their own Car, go figure.
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