Trump attacks Toyota for expanding in Mexico to sell in U.S.
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Trump attacks Toyota for expanding in Mexico to sell in U.S.

By zzyzzx following x   2017 Jan 5, 12:44pm 2,328 views   25 comments   watch   sfw   quote     share    


FINALLY!!!!

http://www.usatoday.com/story/money/cars/2017/01/05/donald-trump-toyota-manufacturing-mexico-jobs-nafta/96205464/

President-elect Donald Trump set his sights Thursday on Toyota, attacking the Japanese automaker for expanding in Mexico to sell more vehicles to Americans, as he builds support for his proposed tariff on vehicles imported to the U.S.

The attack heightens tension between Trump and the auto industry over vehicles that are made in foreign markets for sale to American consumers.

"NO WAY!" Trump said in a tweet about Toyota. "Build plant in U.S. or pay big border tax."

Trump has proposed renegotiating the North American Free Trade Agreement to punish companies that manufacture vehicles in Mexico and sell them in the U.S. with a 35% tariff.

Toyota U.S. sales chief Bill Fay confirmed on Wednesday that the company is expanding its existing plant in Baja to add annual production capacity of 60,000 Tacoma pickup trucks for sale in the U.S. Production may start as soon as late 2017. The Tacoma is a hot seller in the U.S., even outselling the vaunted Prius hybrid in 2016.

#trump #toyota #mexico #nafta #jobs #maga

1   BayArea   ignore (0)   2017 Jan 5, 12:50pm   ↑ like (0)   ↓ dislike (0)     quote      

Haven't made up my mind on how I feel about this. Someone pull me in their direction via persuading argument, will ya?

2   zzyzzx   ignore (1)   2017 Jan 5, 12:52pm   ↑ like (1)   ↓ dislike (0)     quote      

I'd like to see Trump comment about Mazda and Subaru sometime soon:

http://asia.nikkei.com/Business/Companies/Trump-wall-looms-over-Mazda-s-Mexico-production
Trump wall looms over Mazda's Mexico production

Mazda has no U.S. factories, so this could jeopardize the company's North American strategy.

3   zzyzzx   ignore (1)   2017 Jan 5, 12:53pm   ↑ like (2)   ↓ dislike (0)     quote      

BayArea says

Haven't made up my mind on how I feel about this.

It's simple, if it's sold in USA, it needs to me made in USA. Only exceptions should be Canada, and anything for product mix, and even then only if the company has offsetting exports. These are good high paying jobs that we are giving away to other countries while we support people here with welfare benefits instead.

4   BayArea   ignore (0)   2017 Jan 5, 1:39pm   ↑ like (0)   ↓ dislike (0)     quote      

I think there are two avenues here...

The first one is big ticket items like cars, boats, etc. Those I tend to agree should be made in the USA if they are going to be sold in the USA.

But for low cost commodity items? T-shirts, socks, plastic injection molded crap, pens, coffee mugs, etc...? You make those here and you just created inflation on those items.

I don't know if I agree with there being a 35% tariff for socks or coffee mugs made in China and being shipped to the USA. I'm not 100% decided, but seems odd.

5   Eric Holder   ignore (0)   2017 Jan 5, 1:48pm   ↑ like (1)   ↓ dislike (2)     quote      

zzyzzx says

It's simple, if it's sold in USA, it needs to me made in USA. Only exceptions should be Canada

Unfortunately, Japanese cars not made in Japan don't have the same quality. Experienced it first-hand with one US-made Toyota: it's not in the same zip code quality-wise as the ones which came on the boat from Japan proper.

6   BayArea   ignore (0)   2017 Jan 5, 1:56pm   ↑ like (2)   ↓ dislike (0)     quote      

Eric, I think it's your imagination.

Toyota builds and qualifies their plants according to their standards. And Toyota parts are utilized for the builds.

There are certain models and years that aren't up to par with others, but I don't think the factory has anything to do with that.

7   Eric Holder   ignore (0)   2017 Jan 5, 2:12pm   ↑ like (0)   ↓ dislike (0)     quote      

BayArea says

Eric, I think it's your imagination.

Toyota builds and qualifies their plants according to their standards. And Toyota parts are utilized for the builds.

There are certain models and years that aren't up to par with others, but I don't think the factory has anything to do with that.

I dunno: check out the whole debacle with frames rusting through on Toyota's midsize and full-size pickups and SUVs made in USA (Tacome, Tundra, Sequoia) - this just doesn't happen with LandCruisers/LX470s which are still assembled on the islands. Because the frames were as sourced from Dana and Dana screwed the pooch big time.

Then there are some little annoying failures which would be nothing special on domestic truck (and totally expected on anything German).

PS. I know, I know it's a giant sample of one, but still...

8   Booger   ignore (0)   2017 Jan 5, 3:26pm   ↑ like (3)   ↓ dislike (0)     quote      

Eric Holder says

Unfortunately, Japanese cars not made in Japan don't have the same quality. Experienced it first-hand with one US-made Toyota: it's not in the same zip code quality-wise as the ones which came on the boat from Japan proper.

Then get a Ford instead. They are better anyway.

9   zzyzzx   ignore (1)   2017 Jan 9, 5:35pm   ↑ like (3)   ↓ dislike (0)     quote      

http://www.foxnews.com/politics/2017/01/09/toyota-announced-10-billion-u-s-investment-days-after-trump-warns-company.html

Toyota announces $10 billion U.S. investment days after Trump warning

Chalk up another win for the president-elect!

Toyota is set to make a $10 billion capital investment in the U.S. over the next five years, Toyota Motor North America chief executive Jim Lentz said during an interview at the Detroit auto show, Reuters reported.

10   TwoScoopsPlissken   ignore (0)   2017 Jan 9, 6:39pm   ↑ like (4)   ↓ dislike (2)     quote      

I'm almost getting tired of Winning.

Even in California, people have the highest confidence in the economy in years:
http://www.ocregister.com/articles/month-739886-index-december.html

11   Strategist   ignore (1)   2017 Jan 9, 6:44pm   ↑ like (3)   ↓ dislike (2)     quote      

T L Lips says

I'm almost getting tired of Winning.

Even in California, people have the highest confidence in the economy in years:

http://www.ocregister.com/articles/month-739886-index-december.html

Finally, we will have a real recovery.
It's all Trump's fault.

12   APOCALYPSEFUCKisShostikovitch   ignore (26)   2017 Jan 9, 6:45pm   ↑ like (1)   ↓ dislike (0)     quote      

Since the 13th Amendment was illegally imposed on the United States by a criminal cult, anything not built by slave labor is a crime against shareholders and cannot be sold in the US.

13   Booger   ignore (0)   2017 Jan 9, 7:09pm   ↑ like (6)   ↓ dislike (1)     quote      

Once people realize how much potential there is when a politician actually gives a shit about America and tries to improve it there will be massively increased standards on our presidents and public servants for years to come and increased accountability. Dems and cuckservatives will not be able to get away with being inert, wasteful, and crooked as much anymore. Whoever doesn't get their shit together fast to compete with a Trump administration in the next 8 years is going to get utterly schlonged.

14   BayAreaObserver   ignore (1)   2017 Jan 9, 7:28pm   ↑ like (1)   ↓ dislike (1)     quote      

Toyota Promises To Increase US Trade Defict By $10 Billion In Response To Trump Tweet. Obviously, that's not quite what they've said, instead, they've pointed out that they're going to invest $10 billion in the US over the next 5 years, as they did in the past 5 years. Left unsaid is the point that obviously they've not decided to do this because of a soon to be President's tweet.

However, what all too many people really just don't get about trade, money and the balance of payments is that if Toyota really are going to bring $10 billion into America to invest then they really are going to increase the trade deficit by $10 billion over that period of time. Because the balance of payments does indeed always balance.

Toyota is set to make a $10 billion capital investment in the U.S. over the next five years, Toyota Motor North America chief executive Jim Lentz said during an interview at the Detroit auto show, Reuters reported.

The $10 billion figure matches Toyota's investments from the previous five years.

Full Article: http://www.forbes.com/sites/timworstall/2017/01/09/toyota-promises-to-increase-us-trade-defict-by-10-billion-in-response-to-trump-tweet/#76e8a9384801

15   BlueSardine   ignore (1)   2017 Jan 9, 7:31pm   ↑ like (0)   ↓ dislike (0)     quote      

Time to pretend hillary won and iwog is gloating...
instant cure for this...

T L Lips says

I'm almost getting tired of Winning.

Even in California, people have the highest confidence in the economy in years:

16   RealEstateIsBetterThanStocks   ignore (0)   2017 Jan 9, 11:31pm   ↑ like (0)   ↓ dislike (0)     quote      

can you imagine Useless or Failary do something like this?

17   Gary Anderson   ignore (0)   2017 Jan 9, 11:38pm   ↑ like (1)   ↓ dislike (0)     quote      

zzyzzx says

It's simple, if it's sold in USA, it needs to me made in USA.

Every nation could say that and all our car exports will be stopped. Problem is, if the cheaper cars are made here, the people who now can afford them won't be able to Einstein.

18   joshuatrio   ignore (0)   2017 Jan 10, 6:53am   ↑ like (1)   ↓ dislike (1)     quote      

Gary Anderson says

Every nation could say that and all our car exports will be stopped. Problem is, if the cheaper cars are made here, the people who now can afford them won't be able to Einstein.

So, you're saying that you'd prefer everything to be imported?

19   zzyzzx   ignore (1)   2017 Jan 10, 8:37am   ↑ like (1)   ↓ dislike (0)     quote      

Gary Anderson says

Every nation could say that and all our car exports will be stopped.

I think you need to check the stats on this. We import MILLIONS of cars each year only only export a hundred thousand or so. Last time I checked millions was much greater than a hundred thousand or so. So what if we lose small number of exports and trade that for making MILLIONS of cars ourselves that we won't be importing. Not only are you bad at match, but you are galactically wrong on this one (and yes we know that Iwog has more than one account here).

20   zzyzzx   ignore (1)   2017 Jan 10, 8:39am   ↑ like (1)   ↓ dislike (0)     quote      

http://www.detroitnews.com/story/business/autos/2015/08/05/us-auto-imports-hits-new-time-high/31159031/

U.S. auto imports hit all-time high

Washington — U.S. auto imports hit a new all-time high in the first half of the year — as auto production is surging in lower wage countries such as Mexico and a strong dollar is hindering American exports.

The overall U.S. trade deficit rose 7.1 percent — adjusted for seasonal fluctuations — to $43.8 billion in June. Autos, which includes vehicles, parts and engines, accounted for more than one-third of the trade deficit as U.S. auto imports rose to $29.8 billion, the U.S. Census Bureau reported Wednesday.

U.S. exports of autos are down $3 billion in the first half of 2015 to $74.8 billion. Auto exports were flat in June at $12.6 billion — up just $62 million.

By contrast, U.S. imports of autos rose by $10.8 billion to $171.5 billion in the first six months of the year.

171.5 Billion is much greater then 74.8 Billion. ~100 Billion loss is a lot of auto worker jobs. But you don't understand that because you are bad at math, or something.

21   BayAreaObserver   ignore (1)   2017 Nov 21, 11:22am   ↑ like (0)   ↓ dislike (0)     quote      

Toyota puts U.S. workers on alert: Made-in-Japan Camrys cheaper.

Toyota Motor Corp. issued an unsettling warning to Kentucky workers building its top-selling Camry sedan: Cut costs now or face an uncertain future.

The automaker can build a Camry in Japan, ship it all the way to Kentucky and make more money selling that car than from one built at Toyota's factory in the state, the plant's president told employees in a 2 1/2 minute-long internal video obtained by Bloomberg News.

"I'm not sharing this to scare you, but to heighten your awareness of the current risk we now have," Wil James, who has managed the plant for more than seven years, said in the video dated this month. He said Toyota isn't planning to close the factory and continues to invest in it for the next 30 years. "But all of this is on the assumption that we can make as much progress in cost reduction and efficiency as we've made in quality and safety."

The video provides a glimpse into the cost-cutting drive spearheaded by President Akio Toyoda aimed at freeing up resources for a record research-and-development budget. While Toyota is spending heavily to cultivate electrification and artificial intelligence -- technologies that have the potential to transform the auto industry -- the company is squeezing its vaunted production system for more savings.

Earlier this year, Toyoda set up a cost-saving task force comprised of four executive vice presidents and charged them with ensuring any new outlays are funded from cuts to other programs. James said in the video that Kentucky workers would be hearing more about cost-cutting efforts over the next few weeks.

Spanning a size equal to 169 football fields, Georgetown is the auto industry's second-largest assembly plant in North America by volume and Toyota's biggest in the world. The company announced a $1.33 billion investment in the factory earlier this year to implement Toyota New Global Architecture, a more flexible production system that's underpinning almost every new model, from Prius hybrids to Toyota Highlander crossovers.

UAW supporters called Toyota's video an attempt to quell pro-unionizing sentiments at the Kentucky plant, which employs more than 8,000 permanent workers and about 1,500 temporary ones. Joe Smiddy, 43, who works in Georgetown's welding shop, said the video may have had the opposite effect -- encouraging unionization, rather than dissuading it.

More: http://www.autonews.com/article/20171120/OEM01/311209948/toyota-puts-u-s-workers-on-alert-made-in-japan-camrys-cheaper

22   zzyzzx   ignore (1)   2017 Nov 21, 12:39pm   ↑ like (1)   ↓ dislike (1)     quote      

BayAreaObserver says
Made-in-Japan Camrys cheaper.


That's easily and quickly fixed with a tariff..
23   Ceffer   ignore (1)   2017 Nov 21, 12:53pm   ↑ like (0)   ↓ dislike (0)     quote      

On the bright side, you get a shiny new Toyota with tires full of meth.
24   TwoScoopsPlissken   ignore (0)   2017 Nov 21, 3:40pm   ↑ like (0)   ↓ dislike (0)     quote      

BayAreaObserver says
The automaker can build a Camry in Japan, ship it all the way to Kentucky and make more money selling that car than from one built at Toyota's factory in the state, the plant's president told employees in a 2 1/2 minute-long internal video obtained by Bloomberg News.

Because the Government of Japan finances dumping, and the Senate/House won't make a level playing field with a Tariff.

Sorry, there's no way it's cheaper to build and ship from Japan, without tax breaks and subsidies from the Japanese Diet.

There's a reason why stuff retails cheaper in the USA than in Japan where it's made around the corner.
25   FortWayne   ignore (0)   2017 Nov 21, 7:25pm   ↑ like (0)   ↓ dislike (0)     quote      

Good man, fully support!

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