Big Problems for These Automakers
The following video is part of our "Motley Fool Conversations" series, in which Austin Smith, consumer goods editor and analyst, along with Brendan Byrnes, industrials editor and analyst, discuss topics across the investing world.
In today's edition, they discuss Toyota, which recently released its full-year fiscal projections. The company expects to see net profit decline by 54%, and it may cede its No. 1 global automaker title to GM next year. This is due to a combination of factors, chief among them being the strength of the yen.
Ford and GM may stand to benefit in 2012 if the yen continues to cut into the Japanese automaker's profits. For another company that's poised to take off in 2012, check out The Motley Fool's brand new report, "The Motley Fool's Top Stock for 2012." It highlights a company that is revolutionizing commerce in Latin America. You can get instant access to the name of this company by clicking here -- it's free. But it won't be there forever, so check it out today.
At the time this article was published Austin Smith does not own shares of the companies listed above. Brendan Byres owns shares of Ford. The Motley Fool owns shares of Ford.Motley Fool newsletter serviceshave recommended buying shares of Ford and General Motors. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.
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