Dr. Duru submits: In her Nightly Business Report blog, Terri Cullen summarizes the potential economic impact of Toyota’sproblems in “Toyota Recalls and the Economy.” In this article, Cullens suggests that what is bad for Toyota (TM) might be good for the U.S.: The Toyota recalls may turn out to have a positive impact on the U.S. auto industry — and in turn the U.S. economy itself — in the near-term as nervous owners trade in their vehicles for competing models. With the federal ‘Cash for Clunkers’ stimulus program now over, the industry will take whatever consumer incentives it can get.Complete Story »
Smash a Toyota, Boost the U.S. Economy?
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