2012-01-11

Don't count U.S. manufacturing out

I've seen a number of sources predict a U.S. manufacturing renaissance. I agree with the forecast, but now there's some real world evidence that the trend is for real. See Toyota wants North America to become big export base
Toyota made headlines last year by announcing the start of Camry exports from the United States to South Korea, instead of shipping them from neighboring Japan. In 2010, the latest year for which data is available, Toyota exported 16,700 vehicles from the United States to 19 countries, mainly in the Middle East, across six models: Avalon, Sequoia, Tacoma, Tundra, Camry and Sienna. Including markets in the North American Free Trade Agreement (NAFTA) zone, exports totaled 100,000 vehicles, Toyota said.
Let's see whether protectionism gets in the way of exports and added production ends up in the domestic market.

No comments:

Post a Comment