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Business Wars

Toyota vs Honda | Breaking Ground | 3

Business Wars

Audible

History, David Brown, Business, Management

4.613.5K Ratings

🗓️ 23 November 2022

⏱️ 40 minutes

🧾️ Download transcript

Summary

It’s the 1980s and the American backlash against the Japanese automobile invasion is growing. With a US-Japan trade war looming, Honda and Toyota need workarounds fast.


But Honda’s no longer content just selling small cars with low profit margins. It wants a piece of Mercedes and BMW’s action too. And when Honda unveils its plans, Toyota’s going to fall behind.

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Transcript

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0:00.0

Hey, prime members, you can binge off for episodes of Business Wars Toyota versus Honda,

0:05.4

ad-free on Amazon Music.

0:07.0

Download the app today.

0:07.0

July 1977, Central Ohio.

0:17.6

A Ford F-series truck pulls off the road and onto a large patch of undeveloped land.

0:23.7

Ohio State official Jim Clark turns off the ignition and steps out of the driver's

0:27.3

door.

0:28.3

The passenger doors open and Ford Japanese businessmen and suits get out.

0:33.0

They shield their eyes from the bright sun as they look out over the flat, grassy landscape.

0:38.4

Clark gives them a moment to take it all in and then starts his sales pitch.

0:43.2

So what we got here is a vacant lot that covers 214 acres and has the main highway running

0:48.1

right by it.

0:49.5

State's transportation research centers about 10 minutes drive away, so you got all your

0:54.1

vehicle testing needs to ride on your own doorstep.

0:57.3

One of the Japanese businessmen pulls a notebook from his suit pocket.

1:00.9

The pages flutter in the wind as he scribbles down notes.

1:04.5

Clark continues his pitch.

1:06.5

As you gentlemen can see, the land here is almost as flat as a pancake too.

1:11.0

That's what you wanted, right?

1:12.5

Now see that town right over there?

1:15.1

That's Mary'sville, a lot of hard work and folk live there and they need and want jobs,

1:19.6

so you got your labor force too.

...

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