What is ahead for Toyota – see AP for full article but see my content for the Real Thing

Toyota shareholders OK founder’s grandson as head

By YURI KAGEYAMA
AP Business Writer
Toyota shareholders approved the appointment of the company founder’s grandson Akio Toyoda as new president Tuesday, hoping that reaching back to the automaker’s family roots will help steer the manufacturer out of its worst ever crisis. More than 3,300 shareholders packing a hall at Toyota Motor Corp. headquarters — a…
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Predictions are losses of 550 billion yen and then they state what that is in dollars. Buy TM! The dollar is going to fall so while you may lose 550 billion yen but it will be $10billion dollars. Nopherhole thinks the following is correct. TM will not turn Yen into dollars. Why would they? Yen are worth more. If the Yen is worth more, why restate it in lousy dollars? If Toyota is planning on spending money in America, it will cost a hell of a lot less. And if sales of Priuses are booming in Japan, and Yen are worth more….

You get the idea.

Toyota is a world wide company. Plunging dollars may help. I don’t know how that will impact the USA, but don’t fall for the Propaganda.

nopherhole.com