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> If Toyota go dark, the world makes fewer cars. It would take time and investment to recover the capacity. I think the world would be just fine - car manufact
by sangnoir 5y ago
> If Toyota go dark, the world makes fewer cars. It would take time and investment to recover the capacity.
I think the world would be just fine - car manufacturing capacity has already dropped due to the chip shortage, but the world is humming along, albeit with slightly higher car prices. If Toyota became insolvent, second-hand Toyotas would go up in price, and some other car company would buy their factories. It wouldn't be Armageddon.
- netcan 5y agoTrue. I didn't say armageddon. I said fewer cars for a while.