Has anyone heard the “weak yen” excuse from the Big 3 lately? GM’s Rick Wagoner claims Toyota gets a “$3,000 to $9,000” subsidy per vehicle for exports to the U.S. Are they blowing smoke or is there something to that? What about the money that Toyota, Honda and the others are making on cars built here in the U.S.?
I’m sure a lot of excuses were offered yesterday, all around, with the President. Was lean or waste even part of the conversation??
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