Here's an ironic twist: Aided by a favorable exchange rate and affordable labor, the U.S. is...


Here's an ironic twist: Aided by a favorable exchange rate and affordable labor, the U.S. is once again becoming a competitive manufacturer of cars and trucks. Hobbled by a stronger yen, Toyota (TM), Honda (HMC) and Nissan (NSANY.PK) are ramping up capacity in their U.S. plants with plans to ship U.S.-made models to Europe, Korea, the Middle East and other parts of the world.
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  • phxcrane
    , contributor
    Comments (751) | Send Message
     
    Isn't this contrary to the administration claim that if GM and Chrysler were allowed to fail we would lose all these jobs? What we did lose is all the money that the UAW (useless at work) got.
    26 Jan 2012, 08:39 PM Reply Like
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