Wednesday, December 21, 2005

Toyota gets a taste of the union pain

So get this, Toyota's labor union is seeking a pay increase next spring. This will be the first time the Toyota union has asked for an increase in pay in four years. There are 58000 Union members waited so long due to the Japanese economy. Will this lead to more expensive cars and SUVs being built? We'll see...

This request is actually being driving by the living expenses that are expected to rise in Japan. Toyota's growth and the possibility of becoming the world's number one auto maker may have influenced the union as well. I really want to see how this unfolds, hopefully this can lead the American car market on an uprise and maybe create some new jobs here in the States.

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