Toyota to raise prices to help GM etc

[musiclawyer]

http://www.reuters.com/newsArticle.jhtml?type=domesticNews&storyID=8756675&src=rss/domesticNews

Good. I like Hyundai cars. They make excellent cars for the money. Will make them even more competitive and help me re-sale value. Bad for Toyota. I think they are already at their ceiling price for struggling middle class America.

[Tandalayo_Scheisskopf]

1. Musiclawyer, huh?

God bless you, bub. I spent 27 years in the music business and it just about ruined my life.

[GetTheRightVote]

2. The corporation in this country are in it together, do not trust them

they are out to take all our money if they can help it,
I have no one is really going to believe this trash.

:kick:

[indepat]

3. What an ingenious way to both help GM and keep a lid on inflation

[benburch]

4. Isn't that illegal price fixing?

When the airlines do that sort of thing, that's what I've heard it called...

[zoeb]

5. Helping GM my arse

sounds like they are circling the kill for bigger profits.:popcorn:

[musiclawyer]

6. I agree

They think they're going to take some GM market share. But it's a mistake. My point is fully loaded Toyota's are expensive enough already. Someone who was going to buy a Highlander will go for the loaded Santa Fe. Someone going for teh Matrix will now get a loaded Tuscon or Kia Sportage. Someone wanting a Scion will choose a Mazda3 . It starts to add up.