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Item, somewhat tongue in cheek, on radio here.
Executives of the big three auto companies are going to Washington again this week to lobby the government for a bail (hand?) out. In view of the bad publicity they engendered last time by flying in individually in their private company jets they will drive. Fortunately the Toyota company has enough fuel efficient vehicles on hand to lend them for the trip. There that seems to say it all. Eh? If General Motors et-al want to survive they should make Toyotas. Other companies around the world have done similar things. From China there were numerous cheap versions of older model Toyota pickups, with four cylinder engines, for example, running around Middle Eastern countries. Costing a few thousand dollars they are cheap and efficient in countries where gasoline can cost as little as the equivalent of 50 cents per US gallon! India is starting to produce cars that will cost between $2500 and $5000 in various versions. The antics of the Big Three would seem to have ignored the needs of those and also the needs of the European market? |
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