For Immediate Release
May 23, 2003
Publisher's note: We have observed with interest several stories and analyses that seem to convey the idea that the Japanese auto industry may be losing ground in the all-important US market. Nothing, and we mean nothing, is further from the truth. Far from being cooperative players within the American business idea of a "level playing field", the Japanese car companies, led by Toyota and Honda, continue to make phenomenal gains.
As our analysis notes, Toyota is now capable of not only buying GM, but Ford and DaimlerChrysler simultaneously. Add to these concerns that the second largest industry, aerospace, traditionally the clear and undisputed domain of Boeing, is undergoing competitive schisms with AIRBUS Industrie at the core. They are bound and determined to usurp Boeing's dominance in the commercial and military sectors.
The problem is, US dominance in the automotive and aerospace arenas is essential to the maintaining of its industrial base. Indeed, no world power will remain a world power long if its manufacturing core is off-shore.
We invite you to consider this data dense and potentially provocative analysis, and welcome your response. Over the next week, additional analyses as outlined on our front page will be presented. We apologize for having to put them on hold because of the importance of developing immediately "Super-Globalism."
We also would like to advise that reprinting of this analysis is authorized for use within academic and research institutional journals and newsletters. Media usage is authorized with courtesy notification and appropriate attribution.
Myron D. Stokes,
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