Re: Toyota Named Official Car of NHRA
It's not confusing at all. I start a company and take it worldwide, I make lots of money employing locals at where ever it is fiscally sound to do so. But I am Canadian and my company and profits go back to Canada.
Here's a little bit of history for you;
After ww2 Ford went to Europe (UK specifically) and built cars (they were before but they increased tremendously after) and they way they did it was convincing everyone they were just as british as british/leyland, land rover, jaguar, Austin, etc, etc. Because of this, from the early 60's to mid 80's Ford outsold everything there and guess what? All the "british" companies went under. Mid 80's Ford decided it cost too much to build there so they...moved to germany (deganham) and other European countries that were cheaper to build in.
A little parting shot is Ford bought out Jag, Rover, Bentley, Volvo(ok volvo's not brit but you get the idea)
Fast forward to 90's in NA, toyota starts the big "we're American" push and convinces the sheep that they're an American company because....you guessed it, THEY GOT THE LOCALS TO BUILD because it was fiscally responsible (for several reasons) for them. "it must be American, my brother works there"
So, is VW or Toyota or any car company that has it's ORIGINAL HOME BASE in a foreign country and sends it's profits there "American"? No!
And yes you can buy toyota stock and keep some profit here, but your doing that in spite of the trend, not because of it.
Rants over, but don't try to convince me a company is local just because they opened plant here.
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