Toyota Not Interest in Buying Other Companies

"OUSTON (Reuters) -- The president of Toyota Motor North America said Wednesday the Japanese automaker is not interested in buying other companies.

His remarks were made in response to a question about whether Toyota would have any interest in buying DaimlerChrysler AG's (Charts) money-losing Chrysler operation in North America, which its parent had indicated it could sell or spin off.

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"We don't have any particular interest in acquiring other companies," Jim Press, Toyota's North American president, told a media briefing at the Cambridge Energy Research Associates CERA Week meeting.

Toyota (Charts) does not have an objective to expand its business through acquisition or merger, Press said."

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ctsang - 2/15/2007 2:16:46 PM

0 Boost

Everyone knows that.

trd1 - 2/15/2007 5:37:04 PM

+1 Boost

thats exactly what i said toyota doesn't want to buy any company. because if they did, they would just build another one, like lexus and scion.

Lexus - 2/16/2007 1:03:22 AM

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S4, you jack don't use my signature Lexus for your name, moderator please remove this jerk.

thank

Lexus

Lexus - 2/16/2007 1:06:45 AM

0 Boost

moderator please remove this retard imposter S4cabriofoxone1. He trying to use my trade mark Lexus name? I hope the moderator ban you soon you jack.

thank you

Lexus

Lexus - 2/16/2007 2:20:57 AM

+1 Boost

you prick this is the second time you use my name "Lexus". Moderator please remove this imposter, he is using my "Lexus" member name.

thank

Lexus

woood - 2/16/2007 5:33:02 AM

+1 Boost

Why would Toyota buy another brand when they are capable of building their own and they already have enough brands to keep them busy.

GS450h - 2/16/2007 11:08:33 AM

+1 Boost

Why would Toyota buy a lesser car manufacturer?