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Despite reported losses of billions of dollars in 2008’s fourth quarter, US Toyota manufacturers have managed to avoid mass layoffs similar to their competitors. Jeff Glor reports.

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2 Responses to “Toyota Cruises On By”

  1. Good point. It’s because their homeboys in the congress will cut them a bailout check to pay their lazy asses to build sub standard vehicles for 2000 bucks more a piece than their counterparts in the foreign auto industry.

  2. Pay cut for the executives….

    Why don’t American auto makers do that??

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