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Even Toyota says none of the "Big 3" must be allowed to fail

 
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Percival P. Cassidy

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Since: Apr 17, 2007
Posts: 17



(Msg. 1) Posted: Tue Dec 16, 2008 2:50 pm
Post subject: Even Toyota says none of the "Big 3" must be allowed to fail
Archived from groups: rec>autos>makers>chrysler (more info?)

A Toyota spokesperson says that if any one of the "Big 3" were to fail
this would be disastrous for the whole auto industry and for the economy
as a whole.

http://money.cnn.com/2008/12/15/news/companies/overseas_automakers/?po...ersion=

Perce

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Steve8

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Since: Jan 14, 2004
Posts: 1050



(Msg. 2) Posted: Tue Dec 16, 2008 2:50 pm
Post subject: Re: Even Toyota says none of the "Big 3" must be allowed to fail [Login to view extended thread Info.]
Archived from groups: per prev. post (more info?)

Percival P. Cassidy wrote:
> A Toyota spokesperson says that if any one of the "Big 3" were to fail
> this would be disastrous for the whole auto industry and for the economy
> as a whole.
>
> http://money.cnn.com/2008/12/15/news/companies/overseas_automakers/?po...ersion=
>
>
> Perce

A rather good news article from last week pointed out that ALL of the
manufacturers that build cars in North America use the same suppliers
for everything from alternators and AC compressors (Nippondenso, Sanden)
to brake pedals, door handles, HVAC diffusers, miscellaneous bearings,
fasteners, and steering wheels. If any one of the big 3 fails, it will
likely take down many of those smaller suppliers as well, and at least
temporarily halt all north American car building. That hurts Toyota too.

 >> Stay informed about: Even Toyota says none of the "Big 3" must be allowed to fail 
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who

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Since: Jul 12, 2006
Posts: 109



(Msg. 3) Posted: Thu Dec 18, 2008 5:25 am
Post subject: Re: Even Toyota says none of the "Big 3" must be allowed to fail [Login to view extended thread Info.]
Archived from groups: per prev. post (more info?)

In article <2LWdnWURZKS3jdXUnZ2dnUVZ_jednZ2d.TakeThisOut@texas.net>,
Steve <no.TakeThisOut@spam.thanks> wrote:

> A rather good news article from last week pointed out that ALL of the
> manufacturers that build cars in North America use the same suppliers
> for everything from alternators and AC compressors (Nippondenso, Sanden)
> to brake pedals, door handles, HVAC diffusers, miscellaneous bearings,
> fasteners, and steering wheels. If any one of the big 3 fails, it will
> likely take down many of those smaller suppliers as well, and at least
> temporarily halt all north American car building. That hurts Toyota too.

It would be a temporary problem, but I feel a Chapter 11 is needed for
the Big 3 to get rid of some ridiculousness in the UAW contracts.
The Big 3 can't be successful with the UAW contracts as they are.
 >> Stay informed about: Even Toyota says none of the "Big 3" must be allowed to fail 
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