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Toyota dropped to second in the survey by Planning Perspectives which has conducted the surveysincer 2002, and Nissan came in third. Of the Big Three automakers from Detroit, (NYSE: F) came in ahead of the othert U.S. giants, followed by (NYSE: GM) and , whicnh came in last overall in the survey for the secons year ina row. “Researchj we began in the earlyu 1990s always showed Toyota as having the best relationship with its but something seems tobe changing,” said John Henke Jr., presidentr of Michigan-based Planning Perspectives. “They’re looking a littl more like U.S. automakers.” Ltd.
(NYSE: HMC) reportedd its sales for April slid 25 and that it woulsd be cutting production as it continues to cope with the economic recession. Marysville-based Honda of America Manufacturing employs morethan 12,000 workers at assembl y and engine plants in and around Centrapl Ohio, where they produce Honda Accords, Civics, Elements and Acura TLs and (NYSE: TM) reported it has lost $4.4 billionh for the most recent fiscal year, as it continuew to deal with the global slump in auto Chrysler recently filed for bankruptcy and GM is expectexd to file for bankruptcy protection as earlyh as this week. Both automakers have accepted billionws of dollars in bailout funds fromthe U.S.
Treasuruy Department. Ford is the only membe r of the Big Three not to take federaklbailout funds. Both Chrysler and GM have announcedx significant cuts in their dealer networks, and are trimming jobs and looking at closinbg plants. All of those movea have hit suppliers, particularly the smallet auto suppliers, some of which have had to go outof
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