Toyota Motor Shares Poised to Rise on Expected Record Earnings

[TrainTrac]

Toyota is posting record profits??? Yegads! They're as evil as the oil companies!:lol:

Toyota Motor Shares Poised to Rise on Expected Record Earnings



Feb. 8 (Bloomberg) -- Shares of Toyota Motor Corp., the world's largest automaker by market value, may rise after the company yesterday said it expects to post another year of record earnings for the year ending in March.



Shares of Toyota, which have gained 61 percent in the last 12 months, rose 6.7 percent to 6.530 yen in Tokyo yesterday.



This year, profit may exceed last year's 1.17 trillion yen ($9.9 billion) and sales my also beat 18.55 trillion yen, Toyota Senior Managing Director Takeshi Suzuki said yesterday. The yen's weakness inflated the value of overseas sales, giving Toyota President Katsuaki Watanabe funds for a record 1.4 trillion yen investment in new factories this year. The expansion may help the company overtake General Motors Corp., which is cutting jobs and shutting plants to stem losses.



``The automaker is expanding production to meet a strong demand and we can expect the company to have another good year of earnings,'' said Teruhisa Ishikawa, a manager at Mizuho Investors Securities Co. in Tokyo. ``The earnings figures were good.''



Toyota, the world's second-biggest automaker, yesterday said third-quarter profit rose 34 percent to a record 397.6 billion yen, buoyed by a weaker yen and increased sales of fuel-efficient cars in the U.S. and Asia. Sales gained 15 percent in the quarter to 5.3 trillion yen.

Are you paying attention, Bill Ford?

 

[David J 3]

I doubt Mr. Ford is paying attention and that Ford will ever learn. I'm sure that many here have heard me say before " No More Fords For Me". So when my Wife's Escort died, We bought a Toyota. I can see why they are taking over, it seems very solid, well built and has plenty of power. And I'm pretty sure that the paint will last longer than THREE YEARS!

My brother's F150 has the same paint issue as my Sport Trac, he will not buy another Ford. And again when they needed a new car, They did not buy a Ford!

So when you multiply this situation over and over, I can see why Ford is in trouble.

 

[Fer Echegaray]

Yes, they are evil, I have boycotted(sp) them and did not purchase their products... :lol::lol:

 

[Tom Schindler]

The only market in the world Ford Motor Company is in that is not making money is the USA.



Yup, Ford makes money in every market they are in except One.



Ford is in that bad of shape?





Tom

 

[Don Edwards]

Funny thing here in the news, is that they have said they are going to increase production in a car that is being made here in Ontario, problem is,,, they have not finished building the plant yet.



Guess things are going good for them.



Don Monkeyboy

 

[Deleted deleted]

Toyota is poised to unseat GM as the #1 automobile manufacturer in the world. Their business model is something that should be copied by the Big 3.



I still own 2 Fords but bought a Toyota 3 years ago. It has been the most trouble-free and reliable vehicle I have ever owned. You bet I'd buy another.

 

[P M]

Toyota has a good business plan. They focus on vehicles that are centered in each major market segment and thus have large volume potential for each and every model. I believe Ford is attempting to head in this direction (along with most other major companies in other industries). ie: no SVT Sport Trac (neat vehicle, no chance of selling large numbers of them though). And Toyota hasd a great reputation for quality. Although, when looking for a new truck, I found the Toyota to very "thin" feeling. That really goes for most Japanese vehicles in my opinion. Just a different feel from any of the big 3 vehicles.



What I would like to see is a study of reliability of comparable vehicles where perception is not a factor. I'm even guilty of letting a perception effect reality. I have had four Hondas, they were all good cars, but they had minor issues (bad gauge, leaking AC system, etc). All fixed by the dealer, no big deal. I've had many Fords and they have all been good cars as well, equivalent minor issues only. I have never had a problem with my ST ('02 with 66k), yet I still have the perception of Honda making higher quality cars. I often hear people if they have a minor issue with a Japanese car, and consider it a fluke, while the same issue with a big 3 is though of as another example of poor quality. I wonder what the real quality difference is if you remove the badges/nameplates and perceptions? Until the big 3 get past this (with better quality if necessary, or better marketing) they are going to struggle.

 

[Chase Straw]

i couldnt agree with you more PRM, I get so annoyed any time some one talks about toyota's "quality", they are just like mindless sheep.

 

[FlipTrac_511]

...I found the Toyota to very "thin" feeling. That really goes for most Japanese vehicles...

I also agree PRM. They seem lightweight for some reason. Are they (Toyata and other imports) using lighter weight metals or thinner sheet metal? In an 'Automobile' SUV & Pickup guide a comparison chart shows an Adrenalin weighting in at 4660lbs while a Tacoma double-cab long bed V6 weighed in at just 4060lbs! (edit: As tested the Adrenalin was a 4x4 and the Taco a 4X2) Being lighter may not necessarilly be a bad thing and perhaps gives rise to why most imports seem very quick and nimble, but they do look cheaper and less durable.

 

[TomT]

They have also been focusing on non-gas guzzlers while Ford and espeicially GM have focused on big SUV's to ,make their profits rise. When gas reaches $4 a gallon this summer (and believe me it will), Toyota will really rake in the profits.

 

[Mark B]

A buddy just flipped his wife from a Ford Windstar to a Toyota 4Runner. He saves $60 a month on the lease because the 4Runner residual value is so high. Perception or reality, that's hard to pass up.

 

[Josh Langel]

I like my Toyota so far. It is way different than the Titan (the Nissan seemed much cheaper).



Yes, the Toyota's do feel "thin" or weaker, but I doubt that’s the case.



A Tailgate on the 04 Titans were ridicules to lift... The Tundra has a "smaller" tailgate, but it makes a job much easier. Is wider better? Ha! I don't know :wacko:

 

[Deleted deleted]

Well Chase, I 'baaaaa' all the way to the bank with ZERO out of my pocket for maintaining my Toyota (outside of normal oil changes and a set of tires).

 

[Chase Straw]

ask me about my repairs on my 90 f 250 with 170,000 miles

 

[Josh Langel]

Ask me about how the weather is.



Okay, it's chilly and it may rain. I don't know, but it's not snowing and it isn't summer time.

 

[FlipTrac_511]

Although I don't think the current Tundra looks all that bad from the outside, the interior with the kidney shaped center stack area looks really terrible IMO. I'm eager to see the next generation Tundra.

 

[Tom Schindler]

People get stuck on resale value. For me, I could give a crap less. I drive my vehicles until the wheels fall off. I get over 100,000 miles on them. I abuse the vehicles I own. I highly doubt many vehicles will be able to handle the abuse I give them. I change my oil once a year. Yes, you read that right, once a year. I start it up and put it in drive and step on it. I hit redline a half dozen times a day and I drive too fast. I get yelled at by my father for taking off too fast. I might wash my Trac 3 or 4 times a year. If something breaks, I can pretty much agree I caused it.



What happens when people start selling thier imports in larger quantity with the higher resale value?



You guessed it, price goes down. There went that resale value.



Another thing I would like to know is what are they baseing resale percentages on? MSRP to resale value. What if the Taurus had a large rebate and the Camry didn't? Is that taken into consideration?



If not, then the resale differences might be in the benefit of the Taurus and not the Camry.





Tom

 

[FlipTrac_511]

It always intrigues me when I hear a person exclaims how he/she wouldn't dare buy a new car because it depreciates 50% as soon as you roll it off the lot. Who cares if you're keeping the dang thing anyway? At the least, you're not getting another's headache when buying new.

 

[Josh Langel]

2 of my 3 new vehicles I had were headaches. My ST was in the shop for over a month a a problem they couldn't fix.



Later I bought a used 2005 Tundra with 4k miles on it. I drove it off the lot for almost $13k under what the MSRP for a new one was. I would never pay almost 40k for my truck new, but 26k was an offer I couldn't refuse. Plus the dealer paid off my Trac ($20k) and I walked away with a bigger, better (my opinion) truck for less. I paid $18,900 for my Trac w/ Xplan in 2004 and I was given $20k for it when I had to get rid of it. I had 6k from the Titan on the Trac, so in the years time of owning my trac I was able to just pay on what I lost with the Titan... anyway, I think I will buy used when I can get away with a vehicle in excellent condition.. or atleast until I can afford a new black Range Rover

 

[FlipTrac_511]

Mud, you got an 04 Adrenalin for under $19K then an 05 Tundra for $13K below MSRP??? Holy hook-up! Good for you.