So it was interesting when the article, ‘EDITORIAL/U.S. automakers in crisis’, popped up in our searches. It's the translated version of a piece published in asahi, a Japanese news source.
The first half covers the Ford and General Motors situation which, according to the article, is caused by the manufacturers' lack of fuel-efficient vehicles and the ‘legacy’ costs of their aging workforce. This is not unique news. Things get more interesting in the second half when the article covers the following points:
[Continued after the jump]
- The article agrees that the U.S. government should not assist the Big Two since such aid would be “…undermining the long-term viability of GM and Ford.”
- There has been no “anti-Japanese backlash” due to the Japanese automakers establishing plants on U.S. soil and staffing them with U.S. employees. However, the article cautions there is still risk due to American sentiment in favor of their domestic industries.
- Exchange of technology between the automakers is a realistic alternative for reducing possible animosity (see above).
What is your opinion on the points expressed by the article? I could not find the Japanese version on the website (since I can't read nihongo). If you read nihongo, could you please find the original on the site and let us know what you think?