Re:TM - Toyota Motors - 2007/08/18 23:37
Isn't it true that although Toyota has dropped in 2007 it is still outperforming GM? I agree that their cars are becoming more popular in the US, and I think it would be a good buy. Their cars are great because they run forever; they may not be a better bargain but its worth it to most. I'm going to have to go for Toyota over GM on this one.
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KrisJonA
Re:TM - Toyota Motors - 2007/08/19 21:24
if they build US and sell US than ther is no currency difference, Does anybody really know how much Toyota builds domestically and sells domestically or builds foreign and sells foreign?? i believe it is more of a importing exportng issue and not much of a currency issue. If that is the case then GM and Toyota can be compared somewhat equally and in that case I would like to report and reserach GM for a future investment opportunity.
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short_seller
Re:TM - Toyota Motors - 2007/08/22 12:14
Kris, Toyota is growing rapidly in the US and Canada. Please refer to the attachment to see a map of their locations along with a brief write up from their website.
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admin
Re:TM - Toyota Motors - 2007/08/22 16:00
I don't know how Toyota accounts for this through their ADR, but typically, the money made in the United States would need to be converted back to Yen in order for the parent company to close the books. The cars produced here in the US would be produced under the Toyota USA division, yet, as with any division that is internationally based, at some point the money needs to be put back into the parent company's coffers.
Toyota may hedge their currency exposure, so that may be an area of focus for future research. For now I think the Yen is going to stabilize at these levels so I am not concerned with that aspect.
If we are looking to compare GM and TM together, we would have to take their United States division and compare them that way to see what differences exist.
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