Has anyone ever figured the % of money leaving the country per car bought?Originally posted by: zerocool84
And where does the money eventually end up going to? A Japanese company.
Originally posted by: Howard
Has anyone ever figured the % of money leaving the country per car bought?Originally posted by: zerocool84
And where does the money eventually end up going to? A Japanese company.
Originally posted by: zerocool84
And where does the money eventually end up going to? A Japanese company.
Originally posted by: zerocool84
And where does the money eventually end up going to? A Japanese company.
Originally posted by: Syringer
Originally posted by: Howard
Has anyone ever figured the % of money leaving the country per car bought?Originally posted by: zerocool84
And where does the money eventually end up going to? A Japanese company.
I'm curious about that too, when it comes to total money spent building parts, paying workers, paying for the factory etc., how much of it stays in the US and how much goes elsewhere?
Originally posted by: VinylxScratches
Originally posted by: zerocool84
And where does the money eventually end up going to? A Japanese company.
It goes to American workers and is reinvested and back to Corporate locations in America most likely..
Originally posted by: halik
Originally posted by: Syringer
Originally posted by: Howard
Has anyone ever figured the % of money leaving the country per car bought?Originally posted by: zerocool84
And where does the money eventually end up going to? A Japanese company.
I'm curious about that too, when it comes to total money spent building parts, paying workers, paying for the factory etc., how much of it stays in the US and how much goes elsewhere?
Toyota gross profit margin is some 20%, which comes down to 4.4% on pre-tax basis.
So anywhere between 80-95% of all the revenue generated in the US is spent in the US (assuming COGS is the main cost driver, along with labor)
Originally posted by: Syringer
You guessed it, the Toyota Camry.
Originally posted by: zerocool84
And where does the money eventually end up going to? A Japanese company.
Originally posted by: zerocool84
And where does the money eventually end up going to? A Japanese company.
Originally posted by: everydae
Originally posted by: zerocool84
And where does the money eventually end up going to? A Japanese company.
Hope you were not serious when you posted this. If you were, you basically have no knowledge about how business works.
Originally posted by: zerocool84
Originally posted by: everydae
Originally posted by: zerocool84
And where does the money eventually end up going to? A Japanese company.
Hope you were not serious when you posted this. If you were, you basically have no knowledge about how business works.
lol I was seriously messing. Don't you remember people posting that here the past couple years???
Originally posted by: halik
Originally posted by: zerocool84
And where does the money eventually end up going to? A Japanese company.
That would only be the case for Chrysler. Toyota is a publicly traded company, so the money ends up at whoever owns the shares of the company.
Originally posted by: CrackRabbit
Originally posted by: Syringer
You guessed it, the Toyota Camry.
Umm you are looking at the wrong list, it's farther down the page.
The Ford Taurus comes in the #1 spot at 90% domestic parts content.
Originally posted by: Bignate603
Originally posted by: CrackRabbit
Originally posted by: Syringer
You guessed it, the Toyota Camry.
Umm you are looking at the wrong list, it's farther down the page.
The Ford Taurus comes in the #1 spot at 90% domestic parts content.
You're right, that first list appears to be the best selling cars that have final assembly in the US.
Originally posted by: VinylxScratches
Yeah, people have also been suggesting the Fusion and Focus like they're the next best thing since sliced bread.
Originally posted by: Syringer
You guessed it, the Toyota Camry.
Originally posted by: VinylxScratches
Originally posted by: zerocool84
And where does the money eventually end up going to? A Japanese company.
It goes to American workers and is reinvested and back to Corporate locations in America most likely..