Friday, March 06, 2009

Toyota in USA: Does it Need Financial Assistance?

You know that because of the economic crisis, the car industry of USA is under a lot of pressure and it can really cause a lot of damage to the overall economy of the country. Toyota is a Japanese company but in the last few years, it could become a very strong player in the U.S. auto market. Now, like other companies, it is also suffering and we have already seen that it is suffering a lot in Japan. So, you may wonder whether the Japanese company should seek financial assistance from the American government or not?

Until now, we have not seen any significant sign of this matter that Toyota may request for financial assistance from the U.S. government. But however, if they really do so then I think that the current administration in Washington should become generous and provide some financial assistance because these are really very tough time for every one.