Would you approve Toyota taking over any of the big 3 (Ford, GM, Chrysler)?

  • Thread starter Thread starter Gerry, Louisiana
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Gerry, Louisiana

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With these economic times where a bailout has been approved and the govt has nationalized the auto industry, would you have preferred to see another scenario occurring like the selling of any of these companies to their competitors? Things like Hyundai purchasing Chrysler or Toyota purchasing GM cars? Isn't this the idea of capitalism? Would you approve a scenario likes this? why or why not?
 
Only if the CEO's and upper management of the big 3 bailed out without a golden-parachute, and if the UAW would cut there pay and benefits in half.
 
No way. It would just bring Toyota down and make their product less good....more like US cars.
 
No way. It would just bring Toyota down and make their product less good....more like US cars.
 
Yes as they have better management practices. However they would still have to deal with the legacy costs of benefits for retired employees which is a major problem for GM right now.
 
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