Don't sell parts to Hyundai: Toyota to it's vendors Toyota, in the past, has admitted that it considers Hyundai as it's biggest rival and now, it seems like the Japanese major is getting desparate at Hyundai's rapidly rising reputation. Hence, Toyota, it seems, may consider ordering it's parts makers to stop selling auto componants to Hyundai. If need be, Toyota would also resort to increasing their share-holdings in affliates. Quote: Toyota studies cars of the world by disassembling them to all pieces. It has been found of late that Hyundai suddenly expanded the use of Toyota-affiliated parts makers as its suppliers in recent years while it did not do so in the past.
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A very interesting story : Link here. |