The fact credit rating agencies haven't changed their ratings is no surprise. I wouldn't have expected them to right away and it will take some time, but it now is more logical that credit ratings should go up rather than down.
Toyota is doing something its U.S. rivals can't -- building plants rather than closing them. That is going to broaden (Toyota's) regional reach in the United States and in North America. And that is a big advantage right now.
It's a good first step. Is it the full answer for GM? No.
I don't expect any major policy moves or anything substantive will come out of that.
They're giving people a good, quality product at a reasonable price. It's not just small cars anymore.
The one variable that could throw this whole thing in the trash basket is if Delphi workers walk.
I don't think it's a car for the U.S. market. Those cars look great in Europe, but put them on road here next to a big SUV and they don't look so good any more.
It's not going to be easy for Chrysler this year.
We think the Scion is a phenomenon unto itself.
It?s what?s going to keep happening. We expect continued good earnings and growth from Toyota, and we?re waiting for more from GM on more cost-cutting.
