As Toyota (TM -0.6%) faces new investigations, a number of lawmakers are lining up behind the...


As Toyota (TM -0.6%) faces new investigations, a number of lawmakers are lining up behind the beleaguered carmaker, and questioning whether U.S. regulators can be fair towards Toyota considering the government's large financial stakes in Chrysler and GM.
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Comments (15)
  • Duude
    , contributor
    Comments (3410) | Send Message
     
    The US congress fails to see the obvious. They see themselves as an impartial panel of judges capable of ruling over their son's nemesis. What's different here is in a court of law, a judge is required to recuse him or herself.
    18 Feb 2010, 08:56 AM Reply Like
  • Tomcat101
    , contributor
    Comments (969) | Send Message
     
    What's next, the Camrys have faulty cupholders?

     

    Blah, blah, blah, B.S.

     

    Gotta pimp those GM cars, don't you Mr. Obama?
    18 Feb 2010, 08:57 AM Reply Like
  • Tom Armistead
    , contributor
    Comments (6199) | Send Message
     
    I have owned a number of Toyotas - a Corolla and two Camrys, and without exception they were better than the US made cars I have owned.

     

    It is possible that the extreme focus on Toyota is politically motivated, perhaps by a desire to benefit GM and Chrysler, perhaps by a desire to hurt Republicans from states where Toyota has plants, that would include Horatius at the Gate, Richard Shelby, who so heroically opposes any progress on any front.

     

    For that matter, US companies often find the going difficulat in Japan. It's a whole nother way of doing things. Maybe they got frustrated and complained to the government and it's a case of showing the Japanese how it feels to be on the other end of that kind of hostile business environment.

     

    I still like my Camry.
    18 Feb 2010, 09:00 AM Reply Like
  • herbert hoover
    , contributor
    Comments (2001) | Send Message
     
    Drive slowly!
    18 Feb 2010, 09:05 AM Reply Like
  • Tomcat101
    , contributor
    Comments (969) | Send Message
     
    It is "possible"? What an understatement my friend.

     

    I couldn't be more obvious.

     

    Obama should do one of his infomericials for about 30 mintues explaining how sh*tty he thinks Japanese cars are and how we all need to do the right thing and buy GM instead.

     

    Change we can believe in.
    18 Feb 2010, 09:07 AM Reply Like
  • Tom Armistead
    , contributor
    Comments (6199) | Send Message
     
    It's a '98, before the problems, 66,000 miles, just barely broken in.
    18 Feb 2010, 09:08 AM Reply Like
  • herbert hoover
    , contributor
    Comments (2001) | Send Message
     
    Maybe a $5000 tax credit for buying a Chevy?
    18 Feb 2010, 09:13 AM Reply Like
  • Tomcat101
    , contributor
    Comments (969) | Send Message
     
    It would take a $20,000 tax credit to get me to buy a GM. And free lifetime maintenance.
    18 Feb 2010, 09:17 AM Reply Like
  • Tomcat101
    , contributor
    Comments (969) | Send Message
     
    And let me add, they'd have to throw in a year of sexual favors from Megan Fox too.

     

    Otherwise, I'm sticking with Toyota.
    18 Feb 2010, 09:20 AM Reply Like
  • TeresaE
    , contributor
    Comments (3041) | Send Message
     
    The most ironic thing about this, is that Toyota is currently paying more in taxes to the treasury than GM and Chrysler will for decades.

     

    Then again, Toyota doesn't have plants full of UAW guided voters either.
    18 Feb 2010, 01:08 PM Reply Like
  • Tomcat101
    , contributor
    Comments (969) | Send Message
     
    Or Carrie Underwood.
    18 Feb 2010, 06:03 PM Reply Like
  • Gadz
    , contributor
    Comments (131) | Send Message
     
    I agree, there is no 'possible' way the gov is acting impartial on this. They're out to get Toyota for all those years of stealing customers away from their auto companies.
    18 Feb 2010, 10:51 AM Reply Like
  • bigduder
    , contributor
    Comments (34) | Send Message
     
    Talk is cheaper than rebates. Thats why they are jumping all over Toyota.
    Remember the cash for clunkers people were buying foreign cars and some body said it should have been buy American. But that violated trade agreements, so now we have bash Toyota. Oh well.
    18 Feb 2010, 02:47 PM Reply Like
  • PSU69
    , contributor
    Comments (29) | Send Message
     
    TM is on sale and the price may drop more as the hearings unfold. I will buy a ton. I own a Celica GT-S and it has been flawless for a decade. My wife drives it. Every year I offer to buy her a new car for her birthday and she says , "No way. I am keeping my RED ROCKET." This little red car has the same engine as the Lotus Elise, BTW! I have consulted with TM in Japan, in Koln, and in LA, CA. I admire the firm. I opened an office in Tokyo with a TM exec. as a partner. They will win the long term battle on this and I can not wait to buy a large number of shares at the right time.
    18 Feb 2010, 05:57 PM Reply Like
  • TeresaE
    , contributor
    Comments (3041) | Send Message
     
    Irony:

     

    Back in the mid 80s, I owned a beat to crap Chevy Luv. The keys were stamped Toyota Luv and the motor was a Mitsubishi.

     

    My little truck with the identity crisis. That thing ran and ran and ran. Much longer than any GM I have ever known.

     

    Once they were a big, happy melting pot and now look at 'em go at each other. Poor GM had to go whine to the government about them. Poor, poor GM.
    18 Feb 2010, 08:20 PM Reply Like
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