Thursday, March 25, 2010

Toyota (TM)

I will not invest in Toyota stocks because of it's current failures in supplying cars. Even thought the problem had a lot of time to be resolved and the stock is probably cheep at the moment. I do not think that Toyota will be as successful in the future. According to reuters.com just today, March 25 2010, toyota "has recalled more than 8.5 million vehicles worldwide, two-thirds of which were to address the risk that floormats may entrap accelerator pedals and cause unintended acceleration." This problem makes past Toyota buyers less trust full of Toyota cars, therefore i would not invest in Toyota stocks, because i do not see a bright future for this company.

Alexandra Yepifanova

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