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War on Toyota?

Wednesday, February 14th, 2007, by Fred (, No Comments »
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Don Surber points to a potential “War on Toyota” and asks whether the government is punishing winners. Of course they are - that’s what governments do. Can’t compete in the marketplace? Get the government to beat down your competitors. Never mind that the Big 3 are still stuck in a buck-a-gallon mindset in which relying on big SUVs and light trucks was a good idea. It couldn’t be that Toyota makes products that people want at a price the market considers reasonable.

A commenter at Don’s site claims that Toyota got where it is by dumping goods in the US at “less than the price of manufacture” and relying on Japanese subsidies. I don’t buy it . Dumping claims are often a refuge for scoundrels - after all, no one can sell below cost for long, and such claims are thus mostly a plea for protectionism. Besides, if it’s unfair competition and government that got Toyota where it is, how do you explain Mitsubishi?