In response to a report that Toyota may move some operations out of California (which Toyota kind of denied), David E. Cole, chairman of the Center for Automotive Research
in Ann Arbor, Mich., made the following observation:
I have heard the rumors and there is usually some truth in them. I don't see Toyota abandoning California but some folks moving out would not surprise me. The costs for people in California are extremely high. There have been some rumors that they might move to Michigan. Southeast Michigan is in many ways the intellectual center of the global auto industry. They have a major engineering activity already here and our costs are really quite low. I think this could become a trend.
Leave a comment