Toyota doing its part to help the US economy?

[malorn]

Remember the ads where toyota claims it is doing its small part to keep the US eceonomy strong? Here is toyota's contribution to the US trade deficit if it is looked at as a separate country.
...........Exports..........Imports..............Surplus/Deficit............Total Trade
China$55,200,000,000..$287,800,000,000..($232,600,000,000)..343,000,000,000 -67.81%
Japan..$60,000,000,000..$148,100,000,000..($88,100,000,000)..208,100,000,000 -42.34%
Canada..$230,600,000,000..$303,000,000,000..($72,400,000,000)..533,600,000,000 -13.57%
Mexico..$134,000,000,000..$198,300,000,000..($64,300,000,000)..332,300,000,000 -19.35%
Germany..$41,000,000,000..$89,100,000,000..($48,100,000,000)..130,100,000,000 -36.97%
*Toyota..$991,315,904..$33,070,392,986..($32,079,077,082)..34,061,708,890 -94.18%
Venezuela..$9,000,000,000..$37,200,000,000..($28,200,000,000)..46,200,000,000 -61.04%
Nigeria..$2,233,500,000..$27,900,000,000..($25,666,500,000)..30,133,500,000 -85.18%
Saudi Arabia..$7,639,500,000..$31,700,000,000..($24,060,500,000)..39,339,500,000 -61.16%
Malaysia..$13,000,000,000..$36,500,000,000..($23,500,000,000)..49,500,000,000 -47.47%
Italy..$12,600,000,000..$32,700,000,000..($20,100,000,000)..45,300,000,000 -44.37%Ireland..$8,516,000,000..$28,600,000,000..($20,084,000,000)..37,116,000,000 -54.11%
Taiwan..$23,000,000,000..$38,200,000,000..($15,200,000,000)..61,200,000,000 -24.84%
South Korea..$32,500,000,000..$45,800,000,000..($13,300,000,000)..78,300,000,000 -16.99%
France..$24,200,000,000..$37,100,000,000..($12,900,000,000)..61,300,000,000 -21.04%
United Kingdom..$45,000,000,000..$53,400,000,000..($8,400,000,000)98,400,000,000 -8.54%
Brazil..$19,200,000,000..$26,366,700,000..($7,166,700,000)..45,566,700,000 -15.73%
Singapore..$24,700,000,000..$17,768,100,000..$6,931,900,000 ..42,468,100,000 16.32%
Netherlands..$31,000,000,000..$17,342,300,000..$13,657,700,000 ..48,342,300,000 28.25%
source:census.gov
*Toyota information is prorated as a % of total sales vs % of US automotive related trade with Japan

[DaveinOlyWA]

so, we are taking percentage of sales and NOT considering the revenue provided to american workers building toyota products????

sorry, man... but your spin aint making me dizzy enough to not see thru your garbage

[malorn]

This shows the amount of each countries trade (deficit/surplus) with the United States. The only way toyota could minimize its deficit with the United States would be to produce a greater percentage of the cars/trucks/parts its sells in the US here or to export cars/truck/parts to Japan.

A figure commonly used within the auto industry is that for every point of market share gained by Toyota, about 18,000 americans lose their livelyhood (net). Yes toyota now employs 38,000 workers in the United States but hundreds of thousands of americans lost their jobs in the process. Even if Toyota produced every vehicle in the United States, every part in the United States, and did all r&d in the United Staetes the profits(about $7-9 billion last fiscal) year would still go back to Japan.

[Steve-o]

Originally Posted by malorn

This shows the amount of each countries trade (deficit/surplus) with the United States. The only way toyota could minimize its deficit with the United States would be to produce a greater percentage of the cars/trucks/parts its sells in the US here or to export cars/truck/parts to Japan.

A figure commonly used within the auto industry is that for every point of market share gained by Toyota, about 18,000 americans lose their livelyhood (net). Yes toyota now employs 38,000 workers in the United States but hundreds of thousands of americans lost their jobs in the process. Even if Toyota produced every vehicle in the United States, every part in the United States, and did all r&d in the United Staetes the profits(about $7-9 billion last fiscal) year would still go back to Japan.

Let's assume for a minute that everything you are reporting is 100% true. What is your proposed solution? Pine over an imaginary car that GM may never build, and in the mean time, go out and buy a Tahoe Hybrid for $50k or $60k to get 16 MPG?

I personally can not think of one car made by the big 3 that I would want to purchase, regardless of price. So what now?

[malorn]

Originally Posted by Steve-o

Let's assume for a minute that everything you are reporting is 100% true. What is your proposed solution? Pine over an imaginary car that GM may never build, and in the mean time, go out and buy a Tahoe Hybrid for $50k or $60k to get 16 MPG?

I personally can not think of one car made by the big 3 that I would want to purchase, regardless of price. So what now?

If the gnereal public knew of the situation as it now stands, toyota would sell between 500,000 and 1,000,000 less vehicles in 2008. Through some very clever and miss-leading marketing, many people think when they are buying that toyota it is just like buying a vehicle made by GM, Ford or Chrysler.

[finman]

hey, me too...nothing made by the domestics intrigues me...and many, many, many others in the US feel the same way. Just check the numbers.

Thru very clever marketing, people actually think GM has better cars...and green at that! some even run on electricity and are available to the masses in large quantities for a low, low price. Wow. the wonders of the marketing department.

[DaveinOlyWA]

forget that assumption...it is all misleading BS

lets quote the OP

*Toyota information is prorated as a % of total sales vs % of US automotive related trade with Japan


i take that to mean all they look at is how many US based autos are sold in japan verses how many Toyotas are sold in the US.

it does not take into account, how much of that revenue NEVER leaves the US in the first place. how much of that money is Toyota's built and sold in the US?

betcha its more than a few bucks

[malorn]

Originally Posted by DaveinOlyWA

forget that assumption...it is all misleading BS

lets quote the OP

*Toyota information is prorated as a % of total sales vs % of US automotive related trade with Japan


i take that to mean all they look at is how many US based autos are sold in japan verses how many Toyotas are sold in the US.

it does not take into account, how much of that revenue NEVER leaves the US in the first place. how much of that money is Toyota's built and sold in the US?



betcha its more than a few bucks

That means that the US auto-related deficit with Japan was over $58,000,000,000 in 2006. Toyota's share of vehicles imported from Japan was used to come up with the number. Even when toyota builds a vehicle in the US it still contributes to the trade deficit because many of the parts are sourced from Japan.

Last year toyota sold 2.5 million vehicles in the United States. Imagine for a second that toyota sold 0 and the 2.5 million was equally divided between the Detroit 3. How many hundreds of thousands of Jobs would that create in the United states? Think about it.

Think about it like this for a second: Toyota sold about 2.5 million vehicles in the US in 2006. Imagine for a second that toyota sold 0 and the 2.5 million was dispersed between the detroit 3. How many more factory, design, and engineering jobs would that creat in teh United States?

[Steve-o]

Originally Posted by malorn

If the gnereal public knew of the situation as it now stands, toyota would sell between 500,000 and 1,000,000 less vehicles in 2008. Through some very clever and miss-leading marketing, many people think when they are buying that toyota it is just like buying a vehicle made by GM, Ford or Chrysler.

You believe that Toyota could possibly see a 25% to 50% decrease in sales (using 2006 numbers of 2,220,090 cars sold in the US) if 'we' knew that it was a Japanese company who's profits went to Japan?

I realize I am simplifying it, but I don't see the logic. I believe the vast majority of people who purchase a Toyota do so based on their reliability and availability of what people actually want, which in turn lead to a greater resale value. It just makes sense for me (and many others I assume) to buy a Toyota.

[Stev0]

Hey, I have an idea! How about...oh, I know this is crazy talk, but it just might work: GM build a vehicle worth buying!