Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Toyota Moves Closer To World Domination
#1
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.
2008 Fusion SEL MTX - DD1 * 2009 Fusion SEL - DD2 * 2007 Focus ZXW - R*I*P * 2004 Focus ZTW CD Silver - sold * 2004 Focus ZTW Black - sold * 2003 Focus ZTW Black - sold * 2001 Focus ZTW Gold - sold * 2000 Focus SE Wagon (ZTW option) - Black - sold * 2000 Focus SE Wagon (ZTW option) - Gold R*I*P

2003 Focus ZX5 infra-red Track Rat - R*I*P
2003 ZX5 CD Silver Track Rat - retired, but still in the driveway


New track rat: 2000 ZX3, Atlantic Blue * JRSC with lots more to come

* New Zetec crate motor - NFG - thanks Topspeed *
Reply
#2
no Toyota needs to take over Wal Mart, and then they can take over the world.
'03 Focus SVT
Reply
#3
really? I thought they werent doing that well since Acura pummlled their Celica out of production with their RSX?
THE FOCUS IS GONE! THE LEGEND IS DEAD!

but hey, im still around.....
Reply
#4
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.
I was the only member on this board with a Yellow Focus Sedan, and a 2002+ Euro Facelift on a sedan.
Reply
#5
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.
Daily driver 1: 2007 Jeep Wrangler Unlimited Sport "S"

33" BFG Mud-Terrain KM2s, lots of Rough Country gear - bumper, 2.5" lift, swaybar disconnects, Superwinch 10,000lb winch, Detroit Locker in rear D44 axle, custom exhaust, K+N filtercharger, Superchips-tuned.

Daily driver 2: 2006 Subaru Legacy GT

COBB Stage 1+ package - AccessPort tuner, COBB intake and airbox. Stage 2 coming shortly - COBB 3" AT stainless DP and race cat, custom 3" Magnaflow-based exhaust and Stage 2 COBB tune.
Reply


Forum Jump:


Users browsing this thread: 3 Guest(s)