Toyota reported that its Q2 profits dropped by 28% compared to the same periodlast year.
That may not sound good, but it was both (a) a smaller loss than Wall Street was expecting and (b) a number that theU.S. automakers would kill for.
I’ve been all over Asiaand Toyota’s are the only brand that I’ve seen in every country I’ve visited. Plus, it hybrid vehicles appear to be thebest of class.
If you want to own an auto stock (I don’t), Toyota is the one to own.
