Nummi Toyota

The Implications of NUMMIs Downfall
Todays globalized economy and integ footstepd last has given rise to companies who are hungry for hyper-expansion and power. With trade agreements bridging the crevice between international governments, companies have been expanding their production across continents with the brain of maximizing profits and emerging as a corporate leader. However, one company deterred off this path of avariciousness: Toyotas NUMMI plant thrived not on profit but on helping surrounding communities and upholding an image of mutual trust and keep between the company and its workers. With California already having the second highest rate of unemployment in the United States, currently at 12.3%, the closing of NUMMI in the midst of these troubling times brought 4,700 employees out of work and jeopardize more than 25,000 jobs statewide. This unfortunate choice of Toyotas incurred a vast cost among taxpayers, whose tax dollars would be utilized to provide $2.3 one million million million to replace the thousands of lost jobs. What was the reason behind NUMMIs result? one may ask.



Certainly it was not due to slow-selling products, financial troubles, or a deteriorating factory, for Toyotas Corolla was the second best-selling car in the United States in 2009, and Toyota is the wealthiest automaker in the world. Toyotas argument was that NUMMI was no longer feasible without General Motors as a partner, but the 15% of production formerly produced by GM could easily be compensated by an attach in production from NUMMI. For a plant that exuded solidarity and had the potential to knock over the way cars are created in this country, the closure of NUMMI was more than a mere shock. In light of NUMMIs closure, despite it be one of Toyotas most profitable plants, it is evident that neoliberal global capitalistic forces drove Toyota to implement a low-road methodological analysis by moving to strategically lower-wage, non-unionized areas in order to profit-maximize and...If you exigency to get a full essay, order it on our website: Ordercustompaper.com



If you want to get a full essay, wisit our page: write my paper