Weak dollar forces 27% loss in earnings for Toyota

[SUBMAN1]

Buy American is the answer to this for Americans.

-S

http://www.bloomberg.com/apps/news?p...GLw&refer=home

Originally Posted by SUBMAN1

Buy American is the answer to this for Americans.

-S

http://www.bloomberg.com/apps/news?p...GLw&refer=home

American companies need to build cars better than the Japanese do. They need to be more fuel-efficient and last longer than the Japanese cars do. Once that happens, Americans will be more inclined to "buy American" again.

Example: My Mitsubishi Mirage-S lasted at least 140,000 miles before I finally had to trade it in. My little Chevy Metro-LSI is currently at 98,000. I didn't have much of an option for anything better at the time, but I have to say by comparison that the Mirage pwnd the Metro several times over on several points.

The one rule of business is "If you build a better mousetrap, the world will beat a path to your door." If you build crap, expect the world to beat a path to someone else's door instead.

When the opportunity presents itself to replace my current car, I'll be looking at several factors, mainly fuel efficency. If, when all factors are considered, the winner is someone other than an American manufacturer, then Detroit has only themselves to blame. Just my 2¢, of course. Repairing a foreign car is more expensive, of course, but just how often did my Mitsubishi break down? Hardly ever. The Metro, on the other hand, well, let's just say more than the Japanese car did. I gotta go with what I know.

[SUBMAN1]

True words you speak. US cars are way better than they were 10 years ago though. I'd put them on par with anything else in their price range that the world has to offer.

-S