To tell you the truth, I just have to laugh at the Senator from Alabama (I think he is the Senator), who at the hearings on the troubles of US car makers made the statements about how GM, Chrysler and Ford needed to be more like Toyota.
Well GM, Ford and Chrysler lost a few dollars themselves. But Toyota went from making over a trillion dollars profit last year to loosing 5 billion in one year. That is one heck of a drop in profit.
So maybe Toyota is not that lean on its manufacturing either. Honda is in trouble, and so is Nissan. Mazda is slipping but holding out well.
The fact is that there are too many car makers and not enough customers. So some body has to go out of business. I hope to see GM, Toyota and Mitsubishi close their doors. They have lied to the consumers long enough!