Bill Belew has raised 2 bi-cultural kids, now 34 and 30. And he and his wife are now parenting a 3rd, Mia, who is 8.
Toyota posted record profits last year – $12.1 Billion. Compare that to GM which lost $10.6 Billion and Toyota is far far ahead.
Toyota is planning to spend $14.1 Billion on new factories and production lines this year with an additional $8.4 Billion going to R&D of new models and technology.
GM and Ford are restructuring.
Toyota plans to open six new factories including two in China, its first one in Russia and another in Texas.
GM and Ford are closing down plants.
Toyota’s current share price values the entire company at about $218 Billion – 15 times more than GM!!
Toyota CEO Watanabe said: “We’re not thinking about other companies. We’re just trying to meet our own growth goals.”
And in the process of just trying to do things right, Toyota will also become number one.
Toyota is likely to dethrone GM’s 75 consecutive year reign as King of cars sometime later this year.
Oh yeah, and that women want $190 million of it. Geesh!