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Boudu @ Nov 21st 2007 4:20PM
Talk about overreacting about the word "enemy", it is a business after all, in fact they originally refer to them as "strong competitors". Seriously this place must be written by a bunch of high-school students.
Original quote:
"Hyundai Motor is growing bigger and poised as a strong competitor," Toyota Motor Chairman Fujio Cho told a group of Korean journalists at the automaker's headquarters.
Original quote:
"Hyundai Motor is growing bigger and poised as a strong competitor," Toyota Motor Chairman Fujio Cho told a group of Korean journalists at the automaker's headquarters.
Fujio said he was worried about Hyundai's expanding sales in emerging markets such as India, China, Africa and the Middle East as well as its ability to sell high-quality cars at cheaper prices.
"It's difficult to make inroads into those markets where such a strong enemy is already there." Fujio said.