Monday, January 24, 2011

S&P: Toyota still flush with cash reserves


Record fines by the National Highway Traffic Safety Administration, pending litigation of a number of private individuals and insurance agencies and the largest recall in history have failed to Toyota, the bottom line all affect what is bad. According to Standard & Poor's Rating and Risk Strategies Group, Toyota still has the cash reserves of most car manufacturers in the world. The total? Well over $ 48000000000.

In fact, as with Toyota's second-largest cash-pile of all businesses are listed, regardless of what they play in the market even though Apple would push Toyota to third parties if S & P was one of the tech giant money differently. Other car manufacturers with a lot of dough on hand include Volkswagen (seventh), General Motors (eighth) and Ford (thirteenth). For what it's worth to keep General Electric tops the list with enough coins Dagobert Duck busy days.

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