SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : BAAT - world records for electric vehicles with zinc-air

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Cosmo Kramer who wrote (1675)2/14/1998 1:35:00 PM
From: Metacomet  Read Replies (1) of 6464
 
From the BAAT response to the Stock Detective article:

"While Toyota is selling the Prius hybrid vehicle in Japan and is considering similar marketing efforts in the U.S. at a price of $17,000, unit manufacturing cost is closer to $40,000 and production is justified through significant subsidies from Toyota and the Japanese government."

FWIW, do not expect the American auto makers to sit by and allow this to happen. This would seem to qualify as "dumping" much the same as the supercomputer debacle where the Japanese were attempting to gain a foothold in our markets by selling product at below production cost. It ain't gonna happen.

Del
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext