ctj

If Toyota Is Projecting a Loss, Imagine the Pain Detroit Is in For

Of course, this is all assuming that all your assumptions are correct...that toyota really is a well managed company and that the american auto companies are poorly managed. And that despite correctly predicting the market toyota can't make money in it so how could the american auto companies who can't understand the american market have a hope of making money. If your assumptions are right...fine. But, I might suggest if you look at the actions and investments of the last 2 years you might find your assumptions are in need of updated data and certainly a little deeper research then what you demonstrate in this story. I'll leave it there, but this industry is not where you think it is and the announcements by toyota, honda, and other manufacturers over the last 2 weeks give you a pretty good indication of the chaos in this industry that defies the easy and old perceptions of japanese=smart, savvy, american=incompetent, hapless..