Toyota Motor Corporation (ADR) (TM), General Motors Company (GM): This Automaker Finishes First Despite Road Bumps

My takeaway

Toyota Motor Corporation (ADR) (NYSE:TM)’s first quarter results are phenomenal and the company is pumped up to manufacture over 10 million vehicles this year. Toyota is expected to benefit from the weaker yen in the near future, as it will be able to produce cars at a more competitive cost. However, its largest overseas market, the U.S., remains more advantageous to its domestic Detroit players, as demand is primarily driven by pickups, which is not an area of strength for Toyota. But, the Japanese auto giant can bank on the retail segment in the U.S., which is seeing some growth now.

China is a tough market, where General Motors Company (NYSE:GM) is gaining ground while Toyota Motor Corporation (ADR) (NYSE:TM) is struggling to regain its position, which was dampened by political unrest. Despite the difficulty, there is slow but steady progress in China, and the company plans to sell 900,000 units this year. Another noteworthy point is that Toyota may have had far fewer deliveries than General Motors, but it made more money. Toyota is known for weathering the storm, from fighting tsunamis to reclaiming the crown as top automaker.

Rahul Chattaraj has no position in any stocks mentioned. The Motley Fool recommends General Motors.

The article This Automaker Finishes First Despite Road Bumps originally appeared on Fool.com.

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