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+--- Thread: Toyota Moves Closer To World Domination (/showthread.php?tid=10796)
Toyota Moves Closer To World Domination - ZTWsquared - 02-18-2006
Just in case you doubted Toyota's ability to rule the automotive world ... this is why they have the domestics crapping their pampers (check out the last line). I sure am glad Toyota is now a client.
From Automotive News
TOKYO -- Shares in Toyota Motor Corp. hit a record high on Friday, sending the automaker's market value above $200 billion -- more than that of U.S. retail giant Wal-Mart Stores -- and analysts said the issue could keep rising as profits look to grow even faster next year.
Climbing for the fourth session in five days, shares in Japan's top carmaker touched an all-time peak of $55.28 (6,560 yen) in early trade, putting its market capitalization -- a measure of how much investors believe a company is worth -- at $200.7 billion at current exchange rates.
"Fundamentally, there's nothing negative you can point to with Toyota," said Koichi Ogawa, chief portfolio manager at Daiwa SB Investments.
"With the broader market and start-ups suffering right now, there's a flight to quality, and institutional and retail investors alike are looking for large-cap, blue-chip stocks that they feel are safe," he added.
With an arsenal of popular cars and a lean cost structure, Toyota has long dwarfed rival automakers in terms of market capitalization.
By this yardstick Toyota is now worth more than double the combined value of DaimlerChrysler AG, General Motors and Ford Motor Co.
Toyota Moves Closer To World Domination - FocusGuy7476 - 02-18-2006
no Toyota needs to take over Wal Mart, and then they can take over the world.
Toyota Moves Closer To World Domination - PerfectSaiyan - 02-19-2006
really? I thought they werent doing that well since Acura pummlled their Celica out of production with their RSX?
Toyota Moves Closer To World Domination - Frost__2001 - 02-21-2006
PerfectSaiyan,Feb 18 2006, 02:34 PM Wrote:really? I thought they werent doing that well since Acura pummlled their Celica out of production with their RSX?
[right][snapback]171239[/snapback][/right]
Actually that would have been Honda RSX / Integra and NSX, since the Acura name plate is only known in North America.
Toyota Moves Closer To World Domination - NOS2Go4Me - 02-21-2006
Too bad, cause I like the Celica a lot more than the RSX. I hate the notion of paying for an upscale Civic... as though Civics weren't overpriced already.