Toyota posts first loss, sees worse ahead ......
#31
Lexus Test Driver
Your assessment is a touch pessimistic. What I think will happen is that carmakers, while maintaining their headquarters in their nations of origin, will be less afraid of building their cars wherever it's more convenient and less expensive to do so.
Mercedes-Benz's recent announcement that they will start building their highest-volume model, the C-Class in Alabama (joining Germany, South Africa and China as manufacturing venues for that model) is significant. And Lexus itself took that leap earlier by building the RX 350 in Canada.
Fearless prediction: most if not all next-gen Lexus ES 350 production will come to North America as well.
Mercedes-Benz's recent announcement that they will start building their highest-volume model, the C-Class in Alabama (joining Germany, South Africa and China as manufacturing venues for that model) is significant. And Lexus itself took that leap earlier by building the RX 350 in Canada.
Fearless prediction: most if not all next-gen Lexus ES 350 production will come to North America as well.
#32
Guest
Posts: n/a
While I agree with a couple of statements here it really goes down to one thing.
Conversion rates.
Thus we saw Benz recently announce some C-classes will be built here. That is one reason why Hyundai is so competitive, the won is trading more favorable than the yen.
The company that can predict where the conversion rate will exchange in their favor will be a genius.
Conversion rates.
Thus we saw Benz recently announce some C-classes will be built here. That is one reason why Hyundai is so competitive, the won is trading more favorable than the yen.
The company that can predict where the conversion rate will exchange in their favor will be a genius.
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Gojirra99
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02-12-09 07:46 AM