Toyota and Honda: Save the Detroit Big Three

Previous Entry | Next Entry
| | Comments (0) |

Many industry watchers expect Toyota Motor Corp. to finally overtake General Motors Corp. as the world's No. 1 automaker this year.

But Toyota does not seem to be ready to celebrate.

In fact, as GM, Ford Motor Co. and Chrysler LLC separately flirt with possible bankruptcy amid huge financial losses, Toyota and fellow Japanese automaker Honda Motor Co. are supporting U.S. government action to save the Detroit Big Three and the auto industry in general.

Read the full story.

Leave a comment

About this Entry

This page contains a single entry by Muhammed El-Hasan published on November 20, 2008 7:13 AM.

Boeing Layoffs Out of State was the previous entry in this blog.

Mortgage Defaults Up is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.

Powered by Movable Type 4.21-en

About Biz Waves

Biz Waves is a one-stop Web hub for business news and content from the South Bay region of Los Angeles County and beyond.

The primary contributor is:

Muhammed El-Hasan, a business reporter at the Daily Breeze since 2000, covers aerospace and everything else about business in the South Bay. Muhammed previously reported at the San Bernardino Sun and the community news division of The Orange County Register. He also worked as a researcher in the Jerusalem bureau of the Los Angeles Times in 1996-97. But his career highlight as a young man was driving a forklift at a Gardena company near Hawthorne, where he grew up.

You can email Muhammed at muhammad.el-hasan@dailybreeze.com

Subscribe to RSS feed