BusinessWeek convinced Toyota wants GM

[M_TYPE_X]

http://www.businessweek.com/bwdaily/dnflash/content/jul2006/db20060714_330155.htm?chan=top+news_top+news

Business newsweeklies are like tabloids to me.
"Will she get him?!" :rolleyes:

[Phoneix]

2007 Toyota Corvette Zo6

[chillinmofo1]

I doubt GM would want to merge with Toyota, that company that is gunning for them. I doubt Toyota would want to merge with GM, when they are trying to take them down.

[WhereHaveYouBeen]

Toyota doesn't want to take GM down. Do you realize the implications if GM was killed?

[chillinmofo1]

Well, what I meant by that was Toyota wants to overthrow GM as the number one automaker worldwide.

[Madmaster]

Would be another step for foreign businessess to slowly take over our economy. I believe there was a Tom Clancy book about, where the Japanese finally started getting back at us by doing just that heh.

[M_TYPE_X]

Would be another step for foreign businessess to slowly take over our economy. I believe there was a Tom Clancy book about, where the Japanese finally started getting back at us by doing just that heh.

Austrian, Australian, British, Dutch, French, German, Japanese, and Korean corporations can throw their money at American industry all they want. Many of the investments pay off, but many of them are boondoggles, due to wasteful spending and questionable ideas of what "investments" are [Japanese bought a lot of useless 'assets']. Italian, Norwegian, Spanish, Swedish, and Swiss companies are also involved. Indians will join them.

I'd be more concerned about Chinese purchase of American assets.

[WhereHaveYouBeen]

What good would come of this? It would be like another GM-Fiat relationship, except it would be toyota losing money. I highly doubt they would do this. They're just afraid GM will recover and take more marketshare.


Now I'm not saying GM will. They CAN, but whether or not they will remains in question given their proven history of failure.

[Badman Forever]

toyota infiltrated gm a long time ago.. (cough geo)..

[222Max]

In monotone computer generated voice: "We are Toyota, resistence is futile. We will add your technological distinctiveness to our own. You will be assimilated to service us".

[Ichiyonsilvia]

GM, Toyota Dismiss Talk of Alliance.

http://news.yahoo.com/s/afp/20060718/bs_afp/usjapanautogmtoyota_060718020658

[MrSE_R]

Toyota doesn't want to take GM down. Do you realize the implications if GM was killed?

Are you sure? One example, do you remember what happened when AA took over TWA? Yeah, sure :rolleyes: Where is TWA now? The only reason Toyota want to take part of GM is to became the #1 automaker of the world.

[camber]

A lot of part suppliers are kept a float by GM. If GM fails part prices will skyrocket and so will the price of cars.

[Badman Forever]

i think analysts would agree that this would be the best time for a big foreign auto company to buy a large stake of an american one (at super low stock prices).