alingtonsky
Forumer storico
Toyota (TM), the strongest of the strong
Oct 17th 2008
Toyota (NYSE: TM) is the world's largest car company. It makes the most money and has the strongest balance sheet.
http://www.bloggingstocks.com/2008/...trongest-of-the-strong-goes-with-no-interest/
Toyota's Emergency Committee to Review Capital Costs
Nov. 13
The emergency committee, headed by President Katsuaki Watanabe, is studying the company's expenses as higher fuel costs and a credit crunch pushed industrywide October U.S. sales to the lowest level since 1983. Toyota slashed its full-year net income forecast by 56 percent on Nov. 6, following similar cuts by rivals Honda Motor Co. and Nissan Motor Co.
``We anticipate a global decline in auto demand over the next few months, with no recovery until at least mid-2009,'' Goldman Sachs analysts Kenichiro Yoshida and Yuya Takemoto wrote in a report dated today. ``Production capacity upgrades over the past few years have pushed up fixed costs, and we think some automakers may have to alter their production structures.''
The committee's cost-cutting measures may include reduction of executives' salaries, the Yomiuri newspaper reported earlier today. Nolasco declined to confirm or deny the Yomiuri report.
The automaker expects to sell 8.24 million vehicles worldwide this fiscal year, compared with its previous estimate of 8.74 million vehicles. North American sales may fall to 2.42 million units from 2.63 million a year earlier. At home, Toyota may sell 2.08 million vehicles, down 4.1 percent. Toyota aims to sell 1.21 million units in Europe, down 6.2 percent.
The carmaker will also review its goal of selling 9.7 million vehicles for the year starting Jan. 1, Executive Vice President Mitsuo Kinoshita said when the company revised its profit forecast.
http://www.bloomberg.com/apps/news?pid=conewsstory&refer=conews&tkr=TM:US&sid=azIoV1tPAZ6g
Se si lasciasse fare al mercato sparirebbe un concorrente di Toyota , GM, ma probabilmente l' amministrazione Obama tenterà di mantenere in vita GM artificialmente con aiuti di stato
Toyota beat GM on every measure that mattered.
General Motors can't compete in the global automobile industry. In the 1960s it had 50% market share, now it has 20%. Yet the management culture at GM hasn't much changed in the last 50 years. This despite the emergence of powerful global competitors, like Toyota Motor Corp. (NYSE: TM), which is poised to take over the global market share lead this year. That's why it would be a bad bet to put taxpayer money into GM.
http://www.bloggingstocks.com/2008/11/13/why-we-should-not-invest-in-gm/
Oct 17th 2008
Toyota (NYSE: TM) is the world's largest car company. It makes the most money and has the strongest balance sheet.
http://www.bloggingstocks.com/2008/...trongest-of-the-strong-goes-with-no-interest/
Toyota's Emergency Committee to Review Capital Costs
Nov. 13
The emergency committee, headed by President Katsuaki Watanabe, is studying the company's expenses as higher fuel costs and a credit crunch pushed industrywide October U.S. sales to the lowest level since 1983. Toyota slashed its full-year net income forecast by 56 percent on Nov. 6, following similar cuts by rivals Honda Motor Co. and Nissan Motor Co.
``We anticipate a global decline in auto demand over the next few months, with no recovery until at least mid-2009,'' Goldman Sachs analysts Kenichiro Yoshida and Yuya Takemoto wrote in a report dated today. ``Production capacity upgrades over the past few years have pushed up fixed costs, and we think some automakers may have to alter their production structures.''
The committee's cost-cutting measures may include reduction of executives' salaries, the Yomiuri newspaper reported earlier today. Nolasco declined to confirm or deny the Yomiuri report.
The automaker expects to sell 8.24 million vehicles worldwide this fiscal year, compared with its previous estimate of 8.74 million vehicles. North American sales may fall to 2.42 million units from 2.63 million a year earlier. At home, Toyota may sell 2.08 million vehicles, down 4.1 percent. Toyota aims to sell 1.21 million units in Europe, down 6.2 percent.
The carmaker will also review its goal of selling 9.7 million vehicles for the year starting Jan. 1, Executive Vice President Mitsuo Kinoshita said when the company revised its profit forecast.
http://www.bloomberg.com/apps/news?pid=conewsstory&refer=conews&tkr=TM:US&sid=azIoV1tPAZ6g
Se si lasciasse fare al mercato sparirebbe un concorrente di Toyota , GM, ma probabilmente l' amministrazione Obama tenterà di mantenere in vita GM artificialmente con aiuti di stato
Toyota beat GM on every measure that mattered.
General Motors can't compete in the global automobile industry. In the 1960s it had 50% market share, now it has 20%. Yet the management culture at GM hasn't much changed in the last 50 years. This despite the emergence of powerful global competitors, like Toyota Motor Corp. (NYSE: TM), which is poised to take over the global market share lead this year. That's why it would be a bad bet to put taxpayer money into GM.
http://www.bloggingstocks.com/2008/11/13/why-we-should-not-invest-in-gm/
