Toyota (TM): Exporting From America? (GM)(F)

Cars and Drivers

Published: August 11, 2008 1:49 pm

Batmobile512_2 It is a Category 5 irony that Toyota (TM) may be faced with exporting cars it makes in the US to other countries. It initially conquered the small car market in the America by importing vehicles made inexpensively in Japan.

But, with bloated inventories of SUVs and pick-ups leading to idle plant capacity, Toyota may be sending cars overseas.

Sending inventory off-shore is only part of the plan at the world’s largest car company. It may also cut head count. According to Reuters, Toyota could also cut more temporary U.S. manufacturing jobs if the downturn in the U.S. auto industry deepens."

Cars it can’t sell and lay-offs. Toyota is looking more like GM (GM) and Ford (F) every day.

Douglas A. McIntyre

The Average American Has No Idea How Much Money You Can Make Today (Sponsor)

The last few years made people forget how much banks and CD’s can pay. Meanwhile, interest rates have spiked and many can afford to pay you much more, but most are keeping yields low and hoping you won’t notice.

But there is good news. To win qualified customers, some accounts are paying almost 10x the national average! That’s an incredible way to keep your money safe and earn more at the same time. Our top pick for high yield savings accounts includes other benefits as well. You can earn up to 3.80% with a Checking & Savings Account today Sign up and get up to $300 with direct deposit. No account fees. FDIC Insured.

Click here to see how much more you could be earning on your savings today. It takes just a few minutes to open an account to make your money work for you.

Our top pick for high yield savings accounts includes other benefits as well. You can earn up to 4.00% with a Checking & Savings Account from Sofi. Sign up and get up to $300 with direct deposit. No account fees. FDIC Insured.

¹https://www.fdic.gov/national-rates-and-rate-caps