Originally Posted by Punkin
Of course, that is obvious. To repeat what I said several posts back, the labor costs built into each car for american vs foreign auto makers was huge. Now, could that be why Toyota's profits just keep going up?
Pretty basic math but kinda makes sense to me.
I'm not an expert on the auto industry in general, or any specific manufacturer in particular, but my guess is costs of doing business (including labor) aside, Toyota profit keeps going up because they keep making cars people want to buy and have earned a reputation for solid, reliable cars that hold their value. I doubt Toyotas profit just keeps going up because they offer less attractive compensation packages to their workers than the American car companies do.