[NSRCA-discussion] Toyota
Ed Miller
edbon85 at charter.net
Thu Jan 26 12:05:06 AKST 2006
Yes and no. I forget the exact term used for the fund to compensate laid off workers but generally speaking, in times of mass layoffs many get very little or nothing, as was my case in '82. The person drew approximately their base salary AFTER taxes and few ever saw 52 weeks worth. Most only see a percentage of their base salary for a very short period of time. In the case of plant closings, the major auto companies have tried, by giving severance pay, to minimize the impact on the local economy and the individual. I guess it's OK for a CEO to get a golden parachute but not the rank and file. I guess my point was missed, we ( Americans ) ought to support each other a little more. In a global economy if we go around bashing each other and North American based companies, we just make it easier for the competition to win. Believe me, this global economic war is going to be our toughest test. We are already behind the 8 ball with mature businesses and industries who pay benefits and pensions, something that generally doesn't exist around the globe....yet. It may someday but will take at least a generation.
Ed M.
----- Original Message -----
From: Bill Glaze
To: NSRCA Mailing List
Sent: Thursday, January 26, 2006 1:54 PM
Subject: Re: [NSRCA-discussion] Toyota
Another interesting provision that I recall, was that upon being laid off, the person in question drew, for 1 year, full wages. Almost makes a person want to be laid off.
Bill Glaze
----- Original Message -----
From: Terry Terrenoire
To: nsrca-discussion at lists.nsrca.org
Cc: nsrca-discussion at lists.nsrca.org
Sent: Wednesday, January 25, 2006 11:01 PM
Subject: Re: [NSRCA-discussion] Toyota
What seems to be forgotten is that Chrysler paid the govt back every penny that was lent to it, plus interest!
I may P.O. some people, but I firmly believe that the industry's main problem is the Unions. I remember growing up in the 50's and 60's. There were strikes nearly every other year with the Unions DEMANDING greater and greater benefits, now we are all paying for them. One is early retirements with life time guaranteed medical benefits, with NO contribution from the workers, another was paying some HS drop out 3 times the minimum wage just to but lug nuts on the cars.
Terry T.
On Wed, 25 Jan 2006 16:35:55 -0500 "Jay Marshall" <lightfoot at sc.rr.com> writes:
Remember what happened when a certain CEO took Chrysler Chapt.11? We all bailed him out.
As for cars, I bought a Honda Element, a mini-SUV. It measures 2m in the rear with the seats up (they raise off the floor and fold against the sides) but I haven't tried to get my Focus inside as yet. The floors are rubberized so fuel, etc., won't harm them. It also gets 26mpg on the way to contests.
-----Original Message-----
From: nsrca-discussion-bounces at lists.nsrca.org [mailto:nsrca-discussion-bounces at lists.nsrca.org] On Behalf Of Ed Miller
Sent: Wednesday, January 25, 2006 2:07 PM
To: NSRCA Mailing List
Subject: Re: [NSRCA-discussion] Toyota
I have to agree. IMO the domestic car companies produce as good if not better vehicles than their overseas counterparts. It has become "trendy" to own certain plaques over others. A Chevrolet Z06 Corvette with no other changes other than a Ferrari badge would cost well into the 6 figures instead of 70K. There used to be a saying "as GM goes so does the USA". Many think that no longer applies. I say watch what happens if GM and/or Ford goes chapter 11. I've always felt that if I bought a US product I was in some way helping my neighbor.
Ed M.
----- Original Message -----
From: Dean Pappas
To: NSRCA Mailing List
Sent: Wednesday, January 25, 2006 11:51 AM
Subject: Re: [NSRCA-discussion] Toyota
You know, it's a terrible shame that after taking a deserved heck of a beating for truly poor reliability/design back in the seventies,
Detroit has honest-to-for-really turned their act around ... and they don't get credit for it!
My Grand Caravan with the Stow n'Go seats is a marvellously practical vehicle.
Dean Pappas
Sr. Design Engineer
Kodeos Communications
111 Corporate Blvd.
South Plainfield, N.J. 07080
(908) 222-7817 phone
(908) 222-2392 fax
d.pappas at kodeos.com
-----Original Message-----
From: nsrca-discussion-bounces at lists.nsrca.org [mailto:nsrca-discussion-bounces at lists.nsrca.org]On Behalf Of Rick Wallace
Sent: Wednesday, January 25, 2006 11:11 AM
To: nsrca-discussion at lists.nsrca.org
Subject: Re: [NSRCA-discussion] Toyota
Not sure it works to say that 'all profits go to Japan' - at one point, GM owned 1% of Toyota. I just checked the Toyota corp's stock symbol- there's a family of symbols shown - can't easily trace WHERE the ownership is / where the profits go.
When I did the 'buy a van' analysis in 2003 major factors were:
-- The need to handle 36000 miles a year.
-- Reliability
-- Whether my van would outlive the payment stream. I wasn't / am not confident that most 'US makes' will either do that.
-- Reputable dealer / support network.
Based on the above factors, (Consumer Reports information and personal experience with FMC/ Chrysler family / Gm dealers in the NJ area) my choice narrowed quickly to Honda and Toyota.
Your mileage may vary; my search led me to a van that may not be the BEST choice, but it's been good enough so far.
-Rick
--------------------------------------------------------------------
From: DaveL322 at comcast.net
Reply-To: NSRCA Mailing List <nsrca-discussion at lists.nsrca.org>
To: NSRCA Mailing List <nsrca-discussion at lists.nsrca.org>
Subject: Re: [NSRCA-discussion] Toyota
Date: Wed, 25 Jan 2006 15:40:15 +0000
Ideally, for the US, it would be better to have the profits stay here as well.
Nonetheless, the workers get to stay here, the workers salaries stay here, taxes stay here, and Toyota has invested profits in the US building the infrastructure to manufacture in the US.
Far better for the US than the only piece being point of sale. Quite possibly better for the US than many US firms which design and manufacture overseas, and then import back to the US for point of sale.
Regards,
Dave
-------------- Original message --------------
From: "Gerald Gallagher" <ggall at bellsouth.net>
Toyota, built in USA BUT, all Profits go to Japan. Something to think about?
Jerry Gallagher
--------------------------------------------------------------------
From: "Gerald Gallagher" <ggall at bellsouth.net>
To: "NSRCA Mailing List" <discussion at nsrca.org>
Subject: [NSRCA-discussion] Toyota
Date: Wed, 25 Jan 2006 15:34:25 +0000
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