Tundra Drops A Load -

Tundra Drops A Load -

There are 1912 comments on the www.bodyshopzone.com story from Dec 24, 2007, titled Tundra Drops A Load - . In it, www.bodyshopzone.com reports that:

Don’t put pressure on Tundra, the steel is weak. CR drops the Tundra to “not recommended.” Save it for a load of cotton candy just to be on the safe side.

Join the discussion below, or Read more at www.bodyshopzone.com.

Proteus

Windsor, Canada

#1732 Dec 3, 2012
JJFADS wrote:
Just a few points to share
Japanese auto factories are pretty bad. The workers are drones. I’ve seen them.
Texas has a robust economy.
Profits from Toyota absolutely leave this country.
Manufacturing is actually starting to move from China back to the USA.
Have frequently visited two Japanese plants in Ontario (Honda in Alliston, Toyota in Waterloo/Cambridge) and Toyota in Georgetown Kentucky,USA.
Compared to the many domestic plants I've visited (in both US and Canada), there are night and day differences.
I have seen absolutely no evidence of "drones" in the Japanese plants. Some of the domestic operations are a different situation, altho' they are beginning to look more and more like the Japanese plants as we speak.

Agree with your Texas comments. Things are going better there than most other US states. Good on ya!!(Isn't that what I said earlier?)

Net profits from Dapanese operations in the US do go in large measure to Japanese shareholders, but there are major US shareholders too. That said, in reading their corporate prospectus/annual reports, over 65 percent of annual gross profits are reinvested in local operations all over the world--US included.
(Yes, Im a Toyota North America shareholder too, plus I have quite significant holdings in Ford. Both are doing well, thank you.)

Yes, there are some small signs that the US is moving one or two operations back to the US. GE for example has moved one of their ops back to a plant in Kentucky.
That said, this is a very, very long term phenomenon--if (emphasis on the "If") it can be sustained.
Several important changes must occur before that becomes a reality;
Technology in the US must advance significantly toward far better and much more automation; labor costs in China must increase dramatically; Unions in US must be more amenable to cost cutting initiatives, and so on.
This will take time, and if China makes similar changes to its methods, the job will be even more difficult for the US to reinvent itself.
Don't go to the bank with this one yet, but I for one dearly hope the US can do it.
Proteus

Windsor, Canada

#1733 Dec 3, 2012
liner wrote:
<quoted text>
Boy, do you have REDNECK written all over you! What makes you assume(that word again, know what I mean?)that I don't believe in buying American? America makes the best trucks in the world. No unions in Japan? Better check that again. They may be different than here, but "there are no unions in Japan" is completely incorrect. How does a Japanese company not send it's profits back home? Very simple, any profits left over from reinvestments in factories, salaries etc,(like in Texas), go to the stockholders. If you have any retirement investments, you might want to check to see if you have any stock in a company called "T".
What the hell do you care what they eat? I'm sure you have enough of whatever you eat in Missouri, don't you?
Trying to discuss anything rationally with fools is a fool's game.
This individual is obviously incapable of offering anything resembling an intelligent response, and instead simply does what he always does, namely respond with rude and crude emotional tirades---aka childish rants, like one would associate with a spoiled 4 year old child.

“Most Honored Senior Member ”

Since: Jun 09

Dallas, TX.

#1734 Dec 3, 2012
I’ve found the Japanese plants to be more of a drone type infrastructure, especially Honda, more so than Chinese.

Yes, I agreed with you about Texas.

Toyota’s shareholders are majority Japanese. One will always send money out of the
US when purchasing one of their products. I’m not saying “don’t buy a Toyota.” Rather just stating the lesser known when it comes to many others’ views about where the money actually goes. These are the major Toyota shareholders:


Toyota Motor Corporation 76,600
DENSO Corporation 29,647
Towa Real Estate Co., Ltd. 15,697
Toyota Tsusho Corporation 15,294
The Master Trust Bank of Japan, Ltd.(trust account) 10,192
Japan Trustee Services Bank, Ltd.(trust account) 7,028
Nippon Life Insurance Company 6,735
Aisin Seiki Co., Ltd. 6,578

I suggest the latest iprovements in technological, communications,and production tools are making the front of manufacturing more competitive for American companies. American companies can bring new products to market faster than the competition by designing, refining, and making them in the United States. At just the same time, social and economic changes in China are making the outsourcing business costlier.
Proteus

Windsor, Canada

#1735 Dec 3, 2012
JJFADS wrote:
I’ve found the Japanese plants to be more of a drone type infrastructure, especially Honda, more so than Chinese.
Yes, I agreed with you about Texas.
Toyota’s shareholders are majority Japanese. One will always send money out of the
US when purchasing one of their products. I’m not saying “don’t buy a Toyota.” Rather just stating the lesser known when it comes to many others’ views about where the money actually goes. These are the major Toyota shareholders:
Toyota Motor Corporation 76,600
DENSO Corporation 29,647
Towa Real Estate Co., Ltd. 15,697
Toyota Tsusho Corporation 15,294
The Master Trust Bank of Japan, Ltd.(trust account) 10,192
Japan Trustee Services Bank, Ltd.(trust account) 7,028
Nippon Life Insurance Company 6,735
Aisin Seiki Co., Ltd. 6,578
I suggest the latest iprovements in technological, communications,and production tools are making the front of manufacturing more competitive for American companies. American companies can bring new products to market faster than the competition by designing, refining, and making them in the United States. At just the same time, social and economic changes in China are making the outsourcing business costlier.
You left a couple of major US Banks off the list of major shareholders in Toyota.
Also, you didn't mention that there are significant US major institutionaal investments in this Japanese corporations holding shares in Toyota.
Also, you failed to acknowledge that 65% of gross profits from North Ameican Toyota operations remain in North America in the form of reinvestmen in local operations.

Re the future of US manufacturing in China---you essentially repeated what I said, but in different terms.
I sincerely hope that comes to fruition.

Thanks for the response.

“Most Honored Senior Member ”

Since: Jun 09

Dallas, TX.

#1736 Dec 3, 2012
Ok, now we’re splitting hairs. I left off the Third Avenue Fund and the employees. My calculations put Toyota’s shareholders at 70.8% Japanese. That’s pretty stout. I have not been able too confirm the 65% gross left back, I would need to see the actual numbers to make an exact percentage.

“Most Honored Senior Member ”

Since: Jun 09

Dallas, TX.

#1737 Dec 3, 2012
to

“Most Honored Senior Member ”

Since: Jun 09

Dallas, TX.

#1738 Dec 3, 2012
liner

Brooklyn, NY

#1739 Dec 3, 2012
Proteus wrote:
<quoted text>
Trying to discuss anything rationally with fools is a fool's game.
This individual is obviously incapable of offering anything resembling an intelligent response, and instead simply does what he always does, namely respond with rude and crude emotional tirades---aka childish rants, like one would associate with a spoiled 4 year old child.
You're right!
Proteus

Windsor, Canada

#1740 Dec 3, 2012
JJFADS wrote:
Ok, now we’re splitting hairs. I left off the Third Avenue Fund and the employees. My calculations put Toyota’s shareholders at 70.8% Japanese. That’s pretty stout. I have not been able too confirm the 65% gross left back, I would need to see the actual numbers to make an exact percentage.
I have the annual report in hand from Toyota because I own shares.
It clearly states the 65% reinvestment locally and it shows locally because there's a major expansion in the Cambridge plant here.
This post may arise the ire of Toyota haters here, and it won't bother me much because it's a business decision purely and simply.
From my perspective it's a good investment, and that's what I look for, regardless of the country of origin.
Right now, foreign investment, particularly in some developing countries, is the place to be.
Toyota has delivered a good dividend this time, and share price has risen significantly.
I may move over to something else, but not right away.
Pete

Grand Rapids, MI

#1741 Dec 3, 2012
Proteus wrote:
<quoted text>
I have the annual report in hand from Toyota because I own shares.
It clearly states the 65% reinvestment locally and it shows locally because there's a major expansion in the Cambridge plant here.
This post may arise the ire of Toyota haters here, and it won't bother me much because it's a business decision purely and simply.
From my perspective it's a good investment, and that's what I look for, regardless of the country of origin.
Right now, foreign investment, particularly in some developing countries, is the place to be.
Toyota has delivered a good dividend this time, and share price has risen significantly.
I may move over to something else, but not right away.
Wifey says:
You hear it all the time: market share doesn't matter, profits do. True, at the end of the day I'd rather have a profitable automaker selling fewer vehicles than a money loser leading in market share.

Toyota: 421,831 (26.3%)

Chrysler: 268,325 (16.8%)

Honda: 247,956 (15.5%)

Hyundai/Kia: 124,965 (7.8%)

Volkswagen: 122,496 (7.6%)

Nissan: 100,759 (6.3%)

Ford: 96,553 (6.0%)

GM: 80,538 (5%)

and the domestics are socialist party uaw made.

Too Funny.
Pete

Grand Rapids, MI

#1742 Dec 3, 2012
Pete wrote:
Wifey says:
You hear it all the time: market share doesn't matter, profits do. True, at the end of the day I'd rather have a profitable automaker selling fewer vehicles than a money loser leading in market share.

Toyota: 421,831 (26.3%)

Chrysler: 268,325 (16.8%)

Honda: 247,956 (15.5%)

Hyundai/Kia: 124,965 (7.8%)

Volkswagen: 122,496 (7.6%)

Nissan: 100,759 (6.3%)

Ford: 96,553 (6.0%)

GM: 80,538 (5%)

and the domestics are socialist party uaw made.

Too Funny.
That's very true...

It's too bad that anything union made is over rated and a money loser...

and doesn't sell well.

Too Funny.
Pete

Grand Rapids, MI

#1743 Dec 3, 2012
Pete wrote:
That's very true...

It's too bad that anything union made is over rated and a money loser...

and doesn't sell well.

Too Funny.
Wifey says:
That's very true...

has anyone noticed how the top selling gov motors (chevy cadillac and impala) look just like the Toyota's and Nissan's.

Too Funny.
duramax

Rocky Comfort, MO

#1744 Dec 3, 2012
what a bunch of losers on this site .see ya nerds
liner

Brooklyn, NY

#1745 Dec 4, 2012
Proteus wrote:
<quoted text>
I have the annual report in hand from Toyota because I own shares.
It clearly states the 65% reinvestment locally and it shows locally because there's a major expansion in the Cambridge plant here.
This post may arise the ire of Toyota haters here, and it won't bother me much because it's a business decision purely and simply.
From my perspective it's a good investment, and that's what I look for, regardless of the country of origin.
Right now, foreign investment, particularly in some developing countries, is the place to be.
Toyota has delivered a good dividend this time, and share price has risen significantly.
I may move over to something else, but not right away.
See, all you guys....the profits DON'T go back to Japan, they go to Proteus in Canada! So there!
Proteus

Windsor, Canada

#1746 Dec 4, 2012
Appreciate the wit liner, but truth be told I hold only 1k shares, so it`s debatable if all the profits are coming my way.
Wish they were though.
I`ll just have to be content with the $1400 dividend this year!

Here`s today`s data on Toyo stock.
Note thaat prices have increased almost 25 bucks this year alone.
I suggest that`s a decent track record.

Toyota Motor Corporation (TM)-NYSE
Prev Close: 85.66
Day's Range: 85.46 - 85.79
52wk Range: 63.27 - 87.15
Market Cap: 135.71B
Div & Yield: 1.40 (1.60%)

“Most Honored Senior Member ”

Since: Jun 09

Dallas, TX.

#1747 Dec 4, 2012
liner wrote:
<quoted text>
See, all you guys....the profits DON'T go back to Japan, they go to Proteus in Canada! So there!
With the whopping majority going back to Japan. Not sure why we have to discuss this every few months, it really is silly. If you like a Toyota by all means buy it. If you like a Fiat by all means buy it! On and on..
Proteus

Windsor, Canada

#1748 Dec 4, 2012
JJFADS wrote:
<quoted text>With the whopping majority going back to Japan. Not sure why we have to discuss this every few months, it really is silly. If you like a Toyota by all means buy it. If you like a Fiat by all means buy it! On and on..
JJFADS, permit me to split a few hairs here:

When you say "The Whopping Majority" goes to Japan...
You need to put into context the whopping majority of "what".
If you're talking gross profit, we already know that the "whopping majority" (65%) of profits go to reinvestment in plants throughout the world.(6 of which exist in the USA)
If you're talking net profits,(the remaining 35%), it appears the majority go to Japan---but some go elsewhere to other shareholders worldwideas well.
Somehow you make this all sound like Toyota is doing something evil---but it's no different than when US offshore manufacturing profits go to the US.(Of course, not counting much of those offshore profits get diverted into places like Cayman Islands, Jersey/Guernsy, etc---you know-- the places where US corporations have "pseudo corporate headquarters" where they're exempt from US taxes!)

That said---I don't own aany Toyota product, and don't plan on any in the future. I just own their stock, because it's a good investment.
Something wrong with that?
liner

Brooklyn, NY

#1749 Dec 4, 2012
JJFADS wrote:
<quoted text>With the whopping majority going back to Japan. Not sure why we have to discuss this every few months, it really is silly. If you like a Toyota by all means buy it. If you like a Fiat by all means buy it! On and on..
Um, assume you realize that was my attempt at levity?

“Most Honored Senior Member ”

Since: Jun 09

Dallas, TX.

#1750 Dec 4, 2012
liner wrote:
<quoted text>
Um, assume you realize that was my attempt at levity?
Absolutely I do.

“Most Honored Senior Member ”

Since: Jun 09

Dallas, TX.

#1751 Dec 4, 2012
Proteus wrote:
<quoted text>
JJFADS, permit me to split a few hairs here:
When you say "The Whopping Majority" goes to Japan...
You need to put into context the whopping majority of "what".
If you're talking gross profit, we already know that the "whopping majority" (65%) of profits go to reinvestment in plants throughout the world.(6 of which exist in the USA)
If you're talking net profits,(the remaining 35%), it appears the majority go to Japan---but some go elsewhere to other shareholders worldwideas well.
Somehow you make this all sound like Toyota is doing something evil---but it's no different than when US offshore manufacturing profits go to the US.(Of course, not counting much of those offshore profits get diverted into places like Cayman Islands, Jersey/Guernsy, etc---you know-- the places where US corporations have "pseudo corporate headquarters" where they're exempt from US taxes!)
That said---I don't own aany Toyota product, and don't plan on any in the future. I just own their stock, because it's a good investment.
Something wrong with that?
Now you’ve changed from 65% locally due to a plant expansion to 65% throughout the world. I’m not sure that’s an exact number. Further, I would suggest the 65% number is relative to Canada.

Nothing should be construed as evil. This conversation arose from the comments (rather stupid) of the Mo. Poster. Yes, I have stated in the Leapfrog thread that scenarios are exactly the same for American companies abroad. There is no dispute with that comment. Again I will state for the record that one should purchase any vehicle they choose. Overall the point I would like to make is that overall when anyone purchases a product from a company that is based in another country, money is taken out of the economy. This is true for everything from bicycles to Bentleys, American to Canadian companies and so forth.

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