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Toyota Motor Corporation Message Board

  • low_mac low_mac Apr 10, 2014 11:48 AM Flag

    Added some more

    April 9, 2014
    10:11 am ET ... S&P CAPITAL IQ REITERATES STRONG BUY OPINION ON ADS'S OF TOYOTA MOTORS (TM 109.10*****): We think TM latest large recall directly reflects the new regulatory safety environment. Toyota's own recent $1.2B settlement with the U.S. government and the current travails at General Motors have ushered in a new era. We think the government's message has been received and that auto manufacturers will be more proactive in issuing recalls, especially for safety issues. In our view, recalls are part of the cost of doing business, and due to the increase of global platforms, the size of some recalls will be larger. We believe TM's brands and balance sheet remain attractive. /E. Levy, CFA

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