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395 messages, Last post on Aug 29, 2007 at 7:27 AM
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GM sold off some of it's Toyota holding in late 2005. This has to do with some transfers in Fuji Heavy Industries and other companies. They still have some joint ventures and information sharing agreements. Toyota and GM have been working closely for years. Izusu has been with GM for years. Especially when Detriot Diesel was sold off about ten or more years ago. But I still don't rant!!!
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Replying to: goodcrd (Nov 22, 2006 4:13 pm) Well Americans tend to vote with their wallets. The domestics declining sales and the Japanese increasing sales would seem to contradict that statement. Have we been duped? I'm not bashing US automakers. I believe that they are just as capable of producing exceptional vehicles. Unfortunately they are saddled with financial constraints that interfere with the pursuit of quality. |
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Replying to: goodcrd (Nov 22, 2006 6:07 pm) I know you said it's real just provide a specific source for your information. Then I'll belive you. What you might have heard is that GM holds 20+% of their joint venture in Fremont CA ( possibly ) while Toyota holds 75+% of that plant. But that's the only joint venture. |
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Replying to: goodcrd (Nov 22, 2006 7:00 pm)
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Replying to: terry92270 (Nov 24, 2006 2:34 pm) |
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Replying to: goodcrd (Nov 24, 2006 3:11 pm) Well, time will tell, won't it? GM's only profitable division is its financial services companies, like GMAC/DITECH. Same with Ford. They will go under with their pension obligations unless they get help. That much isn't in dispute. Perhaps they can turn it around......perhaps.
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Replying to: terry92270 (Nov 24, 2006 3:26 pm)
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Replying to: goodcrd (Nov 24, 2006 3:11 pm) Cite specific references, please. Otherwise I do accept your opinion although it may not be factual. I used to sell steel to NUMMI, the JV in Fremont, when it first began so I know a little about the history there. Now if you go back into the 50-60's then yes often people dropped a Chevy engine into an FJ, but that was an aftermarket mod. If you have specific references I'd love to see them. TIA.
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Replying to: goodcrd (Nov 24, 2006 5:34 pm) Now this is true. I was in the steel business for 25 yrs and sold to the Big 3 at that time. The situation of Big Steel is a precursor to what is occuring now with the detroiters. It's nearly the same only 20 yrs later. One other key difference is that it was Americans that killed the old Steel dinosauers. Ken Iverson and his mini-mill innovators were too quick and too efficient for the big mills. |
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Replying to: kdhspyder (Nov 25, 2006 11:41 am) |
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