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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Lane3 who wrote (489)6/7/2005 12:10:22 PM
From: richardred  Read Replies (1) | Respond to of 541482
 
I think it's was fairly accurate in a sense that there's pretty much an oligopoly in car manufacturing. Even more so with Chrysler being taken over by Daimler.

>because eventually Toyota will have the same problem.

I'm not sure to the extent of Toyota's retirement plans. I still think Toyota and other foreign will have a manufacturing cost advantage. Long ago it made sense for companies to own coal mines and steel mills along the production chain. Today outsourcing is done to keep costs done. I think that includes retirement costs. Much of that was spun off long ago by US manufacturers to get cost down. Toyota and others didn't have to go that route to the extent of US based car manufacturing.