After battling with General Motors for market Capiralization, Toyota as a market capitalization of 200 billion dollars, making it Larger than top US auto makers Ford and General Motors and is the current number one auto maker. The company is even becoming more powerful in China, Russia and Emerging markets desite lack luster sales in home country Japan.
With price of Oil rising the company had strong sales with its hybrid car the prius and also with the Camry. Second-quarter net profit grew 11.1 percent to 451 billion yen, as stronger sales in Europe, Asia and other markets eclipsed the slide in the United States and Japan, Toyota's two biggest markets. Revenue rose 11.2 percent to 6.49 trillion yen.
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