Sign in to follow this  
Variance

Toyota to Upgrade NUMMI

5 posts in this topic

Variance    0

Toyota to Upgrade NUMMI

Posted Image

Japan's top carmaker Toyota says it is upgrading a US plant equally owned with ailing General Motors, which has been negotiating an alliance with the French-Japanese Renault-Nissan group.

But Toyota Motor Corp., widely seen as set to overtake GM as the world's top vehicle maker, denied that the new investment in the California plant was aimed at strengthening its partnership with the US car giant.

Read "Toyota upgrading joint US plant with GM" @ Yahoo

Share this post


Link to post
Share on other sites
CARBIZ    1

Why does every damned article I read for the past year have to begin by reminding the reader that Toyota is pre-ordained to overtake GM as #1. Last year they were content with "largest vehicle manufacturer by market valuation," but that apparently didn't make the f'ing media happy. Now, they've moved onto creating the news once again. Self-fulfilling prophecy, wouldn't you say?

Tell enough people the sky is falling and they will eventually make it fall.

More and more I am in awe of Japan Inc.

Share this post


Link to post
Share on other sites
Dsuupr    12

Why does every damned article I read for the past year have to begin by reminding the reader that Toyota is pre-ordained to overtake GM as #1.  Last year they were content with "largest vehicle manufacturer by market valuation," but that apparently didn't make the f'ing media happy.  Now, they've moved onto creating the news once again.  Self-fulfilling prophecy, wouldn't you say?

  Tell enough people the sky is falling and they will eventually make it fall.

  More and more I am in awe of Japan Inc.

199290[/snapback]

I couldn't agree with you more. I wonder how much of the stock of these news companies is owned by Japanese banks.

Share this post


Link to post
Share on other sites
avant1963    38

Don't forget the word in-front of GM, "ailing." GM is never "recovering" (even though the stock price has almost doubled in the past 52 weeks), "feeling better", or even in the mood to "go for a walk." The press loves to bring out the dead, whether you're breathing or not.

Share this post


Link to post
Share on other sites
PurdueGuy    72

Don't forget the word in-front of GM, "ailing."  GM is never "recovering" (even though the stock price has almost doubled in the past 52 weeks), "feeling better", or even in the mood to "go for a walk."  The press loves to bring out the dead, whether you're breathing or not.

199479[/snapback]

Actually, I've seen a few very positive comments about GM lately. While you're still generally correct about the media's view, it's not quite "never".

BTW, enjoyed the Monty Python reference. :lol:

Share this post


Link to post
Share on other sites

Your content will need to be approved by a moderator

Guest
You are commenting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoticons maximum are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this