2010-01-26

Toyota is in trouble

Toyota is halting the (new and used) sale of 8 models, including the popular Corolla and Camry.  The problem is that the accelerator pedal can stick, leading to some pretty messy results.  While its better for their image that they are voluntarily stopping sales, I can see this sticking with them for a long time.  


The big beneficiaries are Ford and Honda, since the Fusion, Focus and Accord, Civic are (nearly) perfect substitutes for the Camry and Corolla.

Disclaimer: I am a shareholder of Ford

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