Wednesday, November 12, 2008

Toyota's Troubles Nothing Like GM or Ford

Wired reports on Toyota:
It has a fat $18.5 billion cash cushion, almost no debt and a big lead in clean technology led by the Prius. Demonstrating its flexibility, it announced earlier this year that it would flip its new plant in Mississippi from building Highlander SUVs to Prius hybrids. And it's speeding up the roll out of new hybrids, with plans to launch four new models next year.