Toyota doing its part to help the US economy?

Remember the ads where toyota claims it is doing its small part to keep the US eceonomy strong? Here is toyota's contribution to the US trade deficit if it is looked at as a separate country.
...........Exports..........Imports..............Surplus/Deficit............Total Trade
China$55,200,000,000..$287,800,000,000..($232,600,000,000)..343,000,000,000 -67.81%
Japan..$60,000,000,000..$148,100,000,000..($88,100,000,000)..208,100,000,000 -42.34%
Canada..$230,600,000,000..$303,000,000,000..($72,400,000,000)..533,600,000,000 -13.57%
Mexico..$134,000,000,000..$198,300,000,000..($64,300,000,000)..332,300,000,000 -19.35%
Germany..$41,000,000,000..$89,100,000,000..($48,100,000,000)..130,100,000,000 -36.97%
*Toyota..$991,315,904..$33,070,392,986..($32,079,077,082)..34,061,708,890 -94.18%
Venezuela..$9,000,000,000..$37,200,000,000..($28,200,000,000)..46,200,000,000 -61.04%
Nigeria..$2,233,500,000..$27,900,000,000..($25,666,500,000)..30,133,500,000 -85.18%
Saudi Arabia..$7,639,500,000..$31,700,000,000..($24,060,500,000)..39,339,500,000 -61.16%
Malaysia..$13,000,000,000..$36,500,000,000..($23,500,000,000)..49,500,000,000 -47.47%
Italy..$12,600,000,000..$32,700,000,000..($20,100,000,000)..45,300,000,000 -44.37%Ireland..$8,516,000,000..$28,600,000,000..($20,084,000,000)..37,116,000,000 -54.11%
Taiwan..$23,000,000,000..$38,200,000,000..($15,200,000,000)..61,200,000,000 -24.84%
South Korea..$32,500,000,000..$45,800,000,000..($13,300,000,000)..78,300,000,000 -16.99%
France..$24,200,000,000..$37,100,000,000..($12,900,000,000)..61,300,000,000 -21.04%
United Kingdom..$45,000,000,000..$53,400,000,000..($8,400,000,000)98,400,000,000 -8.54%
Brazil..$19,200,000,000..$26,366,700,000..($7,166,700,000)..45,566,700,000 -15.73%
Singapore..$24,700,000,000..$17,768,100,000..$6,931,900,000 ..42,468,100,000 16.32%
Netherlands..$31,000,000,000..$17,342,300,000..$13,657,700,000 ..48,342,300,000 28.25%
source:census.gov
*Toyota information is prorated as a % of total sales vs % of US automotive related trade with Japan

 

This shows the amount of each countries trade (deficit/surplus) with the United States. The only way toyota could minimize its deficit with the United States would be to produce a greater percentage of the cars/trucks/parts its sells in the US here or to export cars/truck/parts to Japan.

A figure commonly used within the auto industry is that for every point of market share gained by Toyota, about 18,000 americans lose their livelyhood (net). Yes toyota now employs 38,000 workers in the United States but hundreds of thousands of americans lost their jobs in the process. Even if Toyota produced every vehicle in the United States, every part in the United States, and did all r&d in the United Staetes the profits(about $7-9 billion last fiscal) year would still go back to Japan.

 

If the gnereal public knew of the situation as it now stands, toyota would sell between 500,000 and 1,000,000 less vehicles in 2008. Through some very clever and miss-leading marketing, many people think when they are buying that toyota it is just like buying a vehicle made by GM, Ford or Chrysler.

 

That means that the US auto-related deficit with Japan was over $58,000,000,000 in 2006. Toyota's share of vehicles imported from Japan was used to come up with the number. Even when toyota builds a vehicle in the US it still contributes to the trade deficit because many of the parts are sourced from Japan.

Last year toyota sold 2.5 million vehicles in the United States. Imagine for a second that toyota sold 0 and the 2.5 million was equally divided between the Detroit 3. How many hundreds of thousands of Jobs would that create in the United states? Think about it.

Think about it like this for a second: Toyota sold about 2.5 million vehicles in the US in 2006. Imagine for a second that toyota sold 0 and the 2.5 million was dispersed between the detroit 3. How many more factory, design, and engineering jobs would that creat in teh United States?

 

Then why does toyota make these ads?

http://www.youtube.com/watch?v=m4Qr7wLTcA0

Not just the profits, but in may cases almost the whole transaction amount(imports) goes out of this country. Honestly how misleading is this ad? Without looking it up, how many employees does toyota have in North America?

 

Dave,
If I remember right aren't you a police officer or some government officer? Do you worry about how your pension is funded? Maybe the Japanese or Chinese government will decide to fund it. Do you think public employees will be exempt from the coming economic storm?

 

I know that is what everyone always falls back on(fresh from a toyota talking points brochure). Last time I was in a toyota showroom I was told point blank that GM and Ford build cars and trucks in Mexico and toyota builds them in the US. For the record i have mystery-shopped 5 times at a toyota store and 3 times I was told the exact same thing.

GM, ford and Chrysler do build a very large percentage of their cars here. Here are the 2006 production numbers:

..............US..................Canada..............Mexico...........Japan............Total
GM-----3,095,109...............795,800............508,817.......0,000,000........4,399,726
Toyota--829,703............319,940..............34,666.........1,179,621..........2,363,930

GM sold ..........4,065,341
Toyota sold ....2,542,525

 

Remember GM sells a sizable number of vehciles into canada and mexico. I am not sure how you can consider $33,000,000,000 deficit with a single company in one year that claims to be helping the american economy mindless babble? The United States is being fleeced and people like you do not think it is important? What happens when you lose your job? There is a huge correction coming.