lryrob9301 wrote:
dubdub07 wrote:
I hear a lot of things about government intervention, but if you want to see who receives subsidies, look no further than Toyota.
WW
Please provide some documentation for this statement. Toyota is the largest automotive manufacturer in the world with production plants around the world including 12 in the USA and Canada. Toyota employs more workers and pays more taxes in North America than Fiat/Chrysler and has never received one cent in subsides from any government in the world.
I have done a lot of research on this (for my MBA) and I an not trying to sway you. As they say, what is good for the goose...
No one is immune to taking help from home and Toyota certainly does. I think your numbers are wrong, though. Toyota has 10 plants in the U.S. GM has 39, for 24, and FCA 23. So how is Toyota paying more taxes than what those companies generate? And yes, all the research out there shows Toyota took money and the Japanese government helped out too. But that is not unusual. What is unusual is how GM gets a bad rap and Toyota flies under the RADAR.
WW