Toyota Zooms Ahead, the Market Votes Early
by Harold Maass
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Printable ViewEmail this PageTuesday, November 7, 2006
NEWS AT A GLANCE
Toyota does it again
Toyota (TM) said its quarterly operating profit rose 44 percent, beating expectations. The Japanese automaker lifted its full-year forecast, thanks in part to robust U.S. sales of Prius hybrids, Yaris subcompacts, and other fuel-efficient cars. Toyota is poised to overtake struggling General Motors as the world's top automobile seller within a year, and could post double-digit profit growth "next year and beyond," said Koichi Ogawa of Daiwa SB Investments. "It looks like they are the only game in town when it comes to the car business," Ogawa said. (Reuters)
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Dear Detroit,
Start listening to Americans and poeple worldwide when it comes to what they want, not what you might think we need or try to make us think we need.
Sincerely,
SuperCamryman...
Topic: Oh what a feeling, Toyota! (Read 848 times)