All the negative soothsayers are in awe.A company pounded by the U S Government,earthquakes,Tsunamis,recalls---nothing can stop this sleeping giant.God bless Toyota.
Whats going on Sammy, You want to show everyone here how smart you are and yet you are posting Toyota nonsense on a General motors forum . What a dope! I guess every village has an IDIOT and every forum has one too !
But worth less in American Dollars, hey Sam the Scam "A"
General Motors (NYSE:GM): Current Price $28.31
The Chinese government’s emphasis on consolidating the auto industry in the country and thereby reducing the number of players along with excess capacity could hand General Motors (NYSE:GM) and its local JV partner SAIC Motor Corp. the opportunity to acquire ailing Chinese automakers. Taking over existing car makers could be one way GM could achieve its target to increase sales in China by 75% to 5 million by 2015. Considering GM has a solid balance sheet with more than $23 billion in cash, and China has excess capacity that could make 10 million more vehicles, this could be a win-win for everybody.
Toyota expects a Worthless YEN
GM expects a 7% rise in industry sales in 2013. Meanwhile, Ford predicted an 8% gain in the year, which reflects more than threefold rise compared with the overall economic growth of 2%–2.5% forecasted by the automaker.