How is that possible?


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Posted by Eric B. on Saturday, November 29, 2008 at 22:33:28 :

In Reply to: Re: Norm I knew the first 25 Billion was not a loan... posted by Kaegi on Saturday, November 29, 2008 at 13:17:19 :

How can all Japanese cars be subsidized $1,000-$4,000 a car? How could Toyota lose $4,000 per car and stay in business?

That just does not sound like the kind of sound business practice it would have taken for them to build up such a large company.

I will agree that some of the earlier models were dumped, my parents bought a Camry in 1983, and I am sure that car was subsidized by $1,000 or more, Toyota was trying to get a footing with a new model. But now? With all Japanese cars? I can't see it.

Show me some proof, not a blogger ranting against the world.

Eric




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