Quote:
Originally Posted by 8cd03gro
I in no way am a Toyota fan by any means, but the same could be said about nearly the entire automotive industry over the past decade.
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The rest of the industry declined over a long period of time. Toyota went from the top of the world to near self-destruction in maybe a decade.
Simply put, Toyota wanted to be GM so badly that they ended up doing everything that led GM into the dumps. Just accelerated the process 50 times faster.
Bob Lutz's new book pointed out some very interesting tidbits about Toyota, especially their partnership with GM.