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Nickname: e
Review: Actually Toyota is probably older than GM - if you read the article the company was originally a manufacturer of power looms before opening up for auto production in the mid-1930s.
The problem is the lack of a strong work ethic in American workers, a terrible set of short-sighted managers at U.S. auto companies (I still remember when GM was making fun of Toyota's Prius - I bet they are not laughing now), and the lack of national healthcare which saddles major U.S. companies with the huge cost of healthcare.
Date reviewed: Jul 12, 2006 1:34 PM
Nickname: econguy
Review: Toyota and the world would be far better off if they concentrated their efforts and investment in hybrid vehicle technology and pluggable hybrids in place of all these diversions. A major breakthrough in pluggable hybrids by a major manufacturer would create major productivity gains in free market countries and send the nut case countries back to their holes in Russia, Venezuela, Africa, and the Middle East. It would also kill off most of the subsidy-based alternative fuel schemes that have the potential to sap government funds and slow economic growth.
Date reviewed: Jul 8, 2006 7:40 PM
Nickname: Bob
Review: Why would Toyota want GM with all it's liabilities? Our entire economy is set up for older companies to fail. Old companies - old workers - bad. New plants, new workers - good. The only question is, is that the country/economy you want to live in?
Date reviewed: Jul 7, 2006 6:21 PM
Nickname: tom bomb
Review: Why doesn't Toyota just buy GM?
Date reviewed: Jul 7, 2006 1:27 PM
Nickname: CT
Review: I worked at a company that sold insurance and owned & managed property. The stock stagnated until they split the company into pure insurance and pure property. Then each sector took off. The problem was that stock brokers that knew insurance did not understand property & felt it would drag it down. Vice Versa for property brokers. Stock went from $7 (for years) to $21, Split and then went to $56. I believe it would be rare for investors to understand the combined sectors influence on each other well enough to feel comfortable investing. TM may face this as well. Monumental Life (@ 1974) Balt. MD. There were other factors that moved the INS. stock up after the split up. ie new computer technology.
Date reviewed: Jul 7, 2006 1:00 PM
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