Toyota Motor Corporation
TM Coverage
Page 113Media Digest 4/23/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, a bill to restrict credit card charges cleared a key committee in Congress. Reuters reports that Ken Lewis of Bank of America (BAC) says his firm what urged by…
GM (GM) Finally Looks In The Mirror
For all of the restructuring work that GM (GM) has done, all the layoffs, and negotiations with the UAW and creditors, it has never admitted that the domestic car market may not…
Chairman Mao Gets Into The Car Business (SNP)(PBR)(TM)(HMC)(GM)(RTP)
The Chinese government has become more aggressive about buying foreign assets. Chinese leaders recently said they would begin to make investments in Europe through their sovereign wealth fund. The country has capital…
VW No.1 Car Company Worldwide? An Industry Where It Does Not Matter
VW may have passed Toyota (TM) as the world’s No.1 car company just as Toyota passed GM (GM) a year ago. The companies all operate in an industry where being on the…
Media Digest 4/17/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, banks may be hard hit by the bankruptcy of General Growth (GGP) and future commercial real estate defaults. Reuters reports that VW may overtake Toyota (TM) as the No.1 car…
Fixing GM (GM) May Just Be Practice For The Government’s Next Bailout
GM’s (GM) stock trades at $1.71, which is not even its 52-week low. Several news outlets have reported that the Treasury has asked the No.1 US car company to prepare for Chapter…
A Note To The Treasury: Toyota (TM) Will Lose $5 Billion
The Treasury Department may want to adjust what it thinks the cost of the bailouts of GM (GM) and Chrysler will cost. Word out of Japan is that Toyota (TM) will loss…
Media Digest 4/10/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, banks have been asked to keep the results of the “stress tests” of their financial conditions confidential. Reuters reports that the Fed says its current plan is to prevent…
No Auto Industry Recession In China (GM)(TM)(HMC)
If only US car companies could do all of their business in China. The economy there must be better than has been reported. In March, a record 1.1 million light vehicles left…
Media Digest 4/9/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, the government’s auto task force will meet with GM (GM) to push ahead its restructuring. Reuters writes that US banks may still need aid. Reuters writes that Morgan Stanley’s…
March Car Sales: When Better Is Awful (GM)(F)(TMC)(HMC)
Like a number of other numbers which have come out in the last month, US light vehicle sales were slightly better than expected. Tell that to the US car companies which are…
Media Digest 4/1/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Obama demanded that the G-20 find solutions to the global financial crisis. Reuters reports that a bankruptcy for GM (GM) and Chrysler could be a long, drawn-out process. Reuters…
Will Wagoner End Up At Nissan/Renault?
Rick Wagoner, former CEO of GM (GM), is not old enough to retire. He has an incredible CV which includes running a huge but troubled car company for eight years. Another firm…
Toyota Can Finally Take Over The US Car Market
Toyota’s (TM) share of the US light vehicle market is 18% and Honda’s (HMC) is 10%. GM’s (GM) share of its home market is about 22%. Fifty-five years ago, the No.1 US…