Sunday, January 16, 2011

I propose a new term for this: Insourcing!

Toyota is sending jobs BACK to the U.S.
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Toyota's president acknowledged that shifting production abroad may be inevitable to ward off damage from a rising yen, a reversal of course for the Japanese automaker.

Toyota Motor Corp. President Akio Toyoda made the comments in a New Year's message posted Friday on the company's website. He promised to outline in April his plan to revamp management and regain trust after the global massive recalls that battered Toyota's once pristine image for quality.

Under the new strategy, it may also become necessary to move production to eke out profit amid currency rate fluctuations, he said, while noting that such decisions will be made carefully.

"But if profits cannot be achieved, then we have no choice but to realistically consider the option of shifting production," Toyoda said.

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It's a double edged sword. More Americans working for a foreign manufacturing, but at a good wage, no unions. I'm torn.
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Schteveo

8 comments:

Spider said...

Not too long ago, Americans working for Toyota, Honda, Nissan, BMW, and a few others who have assembly plants down south, were asked if they wanted the unions to come in. They overwhelmingly said no!

BOW said...

I doubt they were "asked". I'm sure the term "resisted" is still a bit light.

Anonymous said...

When Toyada asked why this was occurring, his American counterpart respounded with "flucuations" Toyada was really miffed at this and yelled back, "fluck you white peepoh too!"

Schteveo said...

Bill,
even the people who moved from northern states who were ex-UAW members said NO. Southerners are anti-union most of the time. They don't trust unions. Most of what they 'know' about unions, union wages, union dues, union bosses, unions and management is wrong, but they don't join because of those things.

I've been in several places were they tried to unionize. I'm not union oriented anyway, but it was sure fun to watch.

BOW said...

What I was saying is that the unions didn't ask, they tried as hard as possible to "insist" they unionize. The fact that they resisted, successfully is very telling.

Schteveo said...

I think taking a vote and losing to the "NO" side is more telling. And it happened, again and again at plants in KY, TN, AL, etc.

(the one in etc was close though)

Spider said...

Actually, those companies were approached by the UAW. The company leaders then put the question to the workers, who said NO! They had good jobs, with good pay and benefits, and were being treated very well. The unions would just screw the whole thing up, as usual.

blue said...

and a happy MLK day to all y'all