Word: toyotas
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...informal adherence to the U.S. embargo. But in November Tokyo announced the resumption of foreign aid to Vietnam. That was the sign for major Japanese firms, which had been operating through foreign subsidiaries for several years, to enter the Vietnamese market with a splash. Already there is a gleaming Toyota showroom in Ho Chi Minh City. Says Tran Bach Dang, one of the top three commanders of the Tet offensive: "I could almost understand the embargo before, but now it makes no sense. Does America want Japan to take over this whole region...
...amenities enables it to offer bargain fares (average: $58) that undercut others and allow Southwest to quickly dominate most new routes it enters. Boasts CEO and co-founder Herb Kelleher: "We've created a solid niche -- our main competition is the automobile. We're taking people away from Toyota and Ford...
...years ago, Yasuharu Kondo was overwhelmed with customers at his Toyota showroom in Tokyo. Sales were booming, and most shoppers looking for top-of- the-line models, the best their yen could buy. Those days are gone; today Kondo surveys a showroom full of sparkling new cars -- and not a customer in sight. "In my 30 years as a salesman," he says, "I have never seen it as bad as this...
...running low on gas. The industry accounts for 10% of Japan's overall economy; thus its falling fortunes are a major factor in a deepening recession. Domestic car and truck sales are down 13% from the 1990 peak of 7.7 ( million vehicles, and profits for the five biggest carmakers -- Toyota, Nissan, Honda, Mitsubishi and Mazda -- are off about 64% from the same year. Some of the smaller companies, like Isuzu, have been in the red for two years and may soon be joined by the likes of Nissan and Mazda...
...auto-buying spree. Thailand's market may be only a fraction of the size of the U.S.'s, but it offers a taste of things to come in some Southeast and West Asian countries -- and someday China and India. Yasuhara Kondo's showroom may not enjoy another boom, but Toyota and its large rivals are looking to wider horizons...