Recs

1

This Automaker Continues Its Shift to the U.S.

In today's edition, industrials editor/analyst Brendan Byrnes discusses Toyota and recent comments from its top U.S. sales executive that it will likely move the production of more models to North America. This move makes sense, as the yen hovers around 78 yen/dollar, much stronger than the 100 yen/dollar that we saw just a few years ago. The strength of the yen erodes profits on vehicles that are made in Japan and sold elsewhere, so this move toward more production in North America should help Toyota become even more profitable. Still, Toyota has been lagging other Japanese automakers in shifting production away from their homeland. Check out the video below for more on Toyota and its march toward becoming the world's best-selling automaker in 2012.

Toyota looks like an interesting play in the auto space, but if you'd prefer looking into a can't-miss stock outside the cyclical manufacturing sector, then you need to check out our new free report "The Motley Fool's Top Stock for 2012." In it, our chief investment officer identifies his favorite company for the year. To access the report before the rest of the market catches on, click here -- it's absolutely free.

Brendan Byrnes has no positions in the stocks mentioned above. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.


Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 1980501, ~/Articles/ArticleHandler.aspx, 8/29/2015 8:53:10 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Brendan Byrnes
TMFNiner

Originally joining The Motley Fool in 2011 as editor of the Industrials sector, Brendan is now based in New York City where he interviews executives, authors, and influential people from across the investing and business world. He also provides analysis for Fool.com.

Today's Market

updated 11 hours ago Sponsored by:
DOW 16,643.01 -11.76 -0.07%
S&P 500 1,988.87 1.21 0.06%
NASD 4,828.33 15.62 0.32%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

8/28/2015 4:02 PM
HMC $31.92 Up +0.55 +1.75%
Honda Motor Co., L… CAPS Rating: *****
TM $120.77 Up +1.20 +1.00%
Toyota Motor Corp… CAPS Rating: ***