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Toyota roots for GM, hopes for recovery

Discussion in 'General Automotive' started by Bakemono, Apr 2, 2009.

  1. Apr 2, 2009 at 1:56 PM
    #1
    Bakemono

    Bakemono [OP] Wrath of the runbird

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    http://www.detroitnews.com/article/...a+roots+for+GM++hopes+for+U.S.+sales+recovery
     
  2. Apr 2, 2009 at 5:01 PM
    #2
    chris4x4

    chris4x4 With sufficient thrust, pigs fly just fine. Moderator

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    Being as they are corperate partners, they should be pulling for them.
     
  3. Apr 2, 2009 at 6:44 PM
    #3
    Bakemono

    Bakemono [OP] Wrath of the runbird

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    I have a feeling though, that if the shoe were on the other foot, GM would be laughing and salavating at the thought of Toyota's demise.
    I do commend Toyota for taking the high road and at least APPEARING, to not be pleased to see a competitor struggling.
     
  4. Apr 2, 2009 at 6:47 PM
    #4
    chris4x4

    chris4x4 With sufficient thrust, pigs fly just fine. Moderator

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    Being as Toyota has "Leased" their VVT-i system to GM for use on the engines in the Colorado platform, and on a few other engines, it would benifit Toyota for them to stay in busines. Also, Toyota uses many GM parts in their vehicles.
     
  5. Apr 2, 2009 at 7:51 PM
    #5
    Bakemono

    Bakemono [OP] Wrath of the runbird

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    Such as? I was aware that the Matrix uses Delco radios, but I wasnt aware that they used, "many" GM parts.
    The last thing I want to see is a lot of Delco parts on a Toyota....:mad:
     
  6. Apr 2, 2009 at 8:00 PM
    #6
    TicTacOma

    TicTacOma UnderWater Monopoly Champion

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    It's all in my head at the moment...
    Vibe is based off the Corolla. Toyota initially climbed into bed with GM to avoid trade tariffs imposed on import pick-up trucks. There is a bit of reading but it explains why each have an interest in each others survival. So even as of today, It looks like GM has a bit of a hand in the making of YOUR Tacoma. Go ahead, Jump....I'll be at the bottom waiting to get your wallet.


    Source: Automotive News Data Center

    Nummi* Production: 01/01/06 - 09/29/06

    Pontiac Vibe: 47,134
    Toyota Corolla: 150,036
    Toyota Tacoma: 133,565

    Total NUMMI: 330,735

    GM and Toyota each own 50% of NUMMI.

    GM sells 14.3% of the output.

    Toyota sells 85.7% of the output.


    BACKGROUND INFORMATION
    Most of the time since its founding in 1908, General Motors (GM for short) has been
    the largest automaker in the United States. Initially famous for its line of trucks, by 1955,
    it was the first corporation to earn over a billion dollars a year. Since then, it has held its
    position as the leader of what’s known as the “Big Three” American car companies
    (the other two being Ford and DaimlerChrysler).
    However, in recent years, GM has been squeezed by foreign companies that have won
    a larger share of the US auto market. The resulting drop in its North American sales
    accounted for a large part of GM $10.6 billion dollar loss in 2005. By contrast, Toyota’s
    operating profits actually improved in its corresponding period, rising 14% to $4.1 billion
    dollars (partially due to the weakening of the value of the yen against the dollar). Many
    of GM’s domestic sales problems are attributed to its failure to foresee the drop in
    demand for gas-guzzling SUVs, a slow entry into the hybrid car market, as well as the
    reputation for higher quality earned by Toyota products.
    Ironically, Toyota got its first foothold in the US through a joint venture known as “NUMMI”
    with GM to build Toyota products in California. The joint venture began in 1984 when the US
    created an import tariff on foreign pickup trucks. The joint venture with GM allowed Toyota
    to avoid the tariff and build up a base in the U.S. NUMMI is still an active venture that
    currently produces the Toyota Tacoma, Toyota Corolla and the Pontiac Vibe lines of vehicles.
    However, Toyota now assembles cars on its own in the U.S. at plants of its own in Kentucky,
    Indiana, and Texas. Some parts for the cars, such as engines, are manufactured in Toyota
    plants in Alabama, West Virginia and Long Beach, California.
    Additionally, because of a decreasing market for its products in Japan, Toyota has also
    announced that it has plans to boost its sales in China in 2006, one of GM’s major foreign
    markets. In fact, GM sales in China hit new records last year, with the company selling
    665,390 vehicles there, a figure that was up 35.2% from the previous year. Toyota plans
    to overtake GM’s by increasing its own sales in the country by 60%. It also says it will
    surpass its rival in global production this year with 9.2 million vehicles (GM produced a
    total of 9.12 million vehicles worldwide in 2005).
    GM also is at a disadvantage to Toyota because of a significant difference in its cost of
    manufacturing each car (almost $2300 more compared to Toyota). The company has
    been trying to solve these issues by reaching a deal with the United Auto Workers
    union to lower health insurance costs for U.S. workers and imposing 900 million dollars
    worth of cuts on its non-unionized workers. GM has also announced plans to reduce its
    U.S. production, threatening its position as the world’s largest employer, with over
    340,000 employees.
     
  7. Apr 2, 2009 at 8:01 PM
    #7
    rick

    rick `

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  8. Apr 2, 2009 at 8:10 PM
    #8
    grantfire319

    grantfire319 Well-Known Member

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    Secondary Air Filter removal. More to come hopefully.
    NUMI is one of the most successfull auto plants out there. GM and Toyota have been partners in many vehicles. Geo Prizim, Vibe, etc. Saturn uses a Honda engine in some of it's SUV's. Toyota is supplied by some of the same suppliers for GM. IF GM fails then the parts suppliers will hurt. Toyota really has a smart business model from top to bottom.
     
  9. Feb 14, 2010 at 5:48 PM
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    dog tired

    dog tired Well-Known Member

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    Funny thing about how little you read about that or that VW vans are made by Chrysler for the most part
    or Dodge brakes are made by GM
    on and on it goes if one looks close
     
  10. Feb 16, 2010 at 9:16 AM
    #10
    LVTacoma

    LVTacoma Well-Known Member

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    Irony. GM and Ford are offering special incentives to trade in your Toyota. I'm pretty sure people loyaly drive Toyotas because GM and Ford are absolute garbage (owned both). Also find it hilarious that they use the blanket term of "buy American".....anyone checked their door plaque on their Tacomas for assembly location?
    To be blunt. These companies are going to rape in the resell of your Toyota because it's just that... a Toyota, on top of being a used car sold through a dealership. Dealers dont make squat on new sold units let alone thier own line as a used car since none hold value like a Toyota. Silly.

    check it --> http://www.egmcartech.com/2010/01/2...ash-to-toyota-lexus-scion-honda-acura-owners/
     
  11. Feb 16, 2010 at 9:26 AM
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    RCBS

    RCBS "Cause I'm mighty proud of that ragged old flag."

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    my '95 T-100 had a GM radiator.(that failed) The truck was manufactured in Japan.

    i bet the damned heater fan motor in my new truck says Delco on it somewhere lol
     
  12. Feb 16, 2010 at 10:44 AM
    #12
    wiscdave

    wiscdave Lets Do It!

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    Yep, not too funny that the things that failed on my old gas miser Geo Prism (toyota corrola) were all AC delco parts.
     
  13. Feb 16, 2010 at 1:19 PM
    #13
    ywen

    ywen Well-Known Member

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    action speaks louder than words. In this case, these are only words
     
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