Posted by julian on Feb 12, 2010 in
Economy,
Import
Not that I really care, but Toyota have dug a huge hole for themselves and the timing could not be worse. I have always claimed two things about Toyota, firstly they dumped their cars into the local market and secondly when the cost to keep Japanese executives on the American payroll became too great, they [...]
Tags: Chrysler, Ford, GM, Prius, Rick Wagoner, Toyota
Posted by julian on Feb 5, 2010 in
Economy
One of America’s great 20th Century industrial titans and personalities had some interesting things to say about the current economic mess we are in. Much of what he had to say was disparaging towards President Obama and the Democratic Party, but even after discounting those political comments, he was on the money about many things, [...]
Tags: Bob Lutz, Brambles, Bruce Plested, Democrats, GM, Lee Iococca, Mainfreight, New Zealand, Obama, Wall Street
Posted by julian on Feb 2, 2010 in
Economy
Large Japanese corporations once upon a time were considered too big to fail. Until the restructuring of several of the largest Japanese banks at the turn of the century, commerce in Japan was held together by “keiretsu” companies. In crude terms about six keiretsu banks; Mitsubishi, Mitsui, Sumitomo, Fuyo, Mizuho and Bank of Tokyo-Mitsubishi UFJ [...]
Tags: China, GM, JAL, Japan, Keiretsu, Nissan
Posted by julian on Jan 13, 2010 in
Economy
First it was China and now it is India. Last year sales were a whopping 70,000. That is one Chevy for every fourteen thousand Indians. Trying to find one in the streets on Bombay would like looking for a needle in a haystack! What I cannot get my head around is why in the hell [...]
Tags: Bombay, Chevy, China, GM, Hyundai, India, Morris, NANO, Toyota, Vokswagen