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| Topic: |
Business
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| Number of pages / Number of words: |
5 / 1330 |
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Today they are present in practically every key American automotive demographic with competing products. They also entered what was once the domain of the European luxury sedan manufacturers by introducing its line of luxury "Lexus" automobiles. Although American and European car manufacturers have improved their product reliability and they still have not managed to catch up with Toyota (Toyota)...
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Many of the worker benefits provided by US auto manufacturers are provided to European and Japanese auto workers by their respective governments. Furthermore, Japanese and European corporations are more heavily subsidized than in North America. This allows them to operate at a higher rate of return and gives them access to more expansion and contingency capital which in situation like the aforementioned Toyota recall can come in quite handy (Toyota)...
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