Pg 12 of CEO’s presentation – 4 m-v OEMs + Karmann
Just imagine the possible revenues WHEN these 4 major players place the order:
1m cars x 12 applications x US$40 net margin = US$480m
2m cars = US$ 960m
US$480m - $960
( It will happen in 2-4 years - for the figures to show on bottom line.
$40 net margin is a very conservative numbers, as Amex will say.
Amex says Karman alone mfg 200,000 convertibles. )
Background
---------------
Major OEM players in USA are Toyota (2007), GM, Ford, Chrysler, BMW, Hyundai, Honda, Mercedes.
The unnamed m/v OEMs on pg 12 could be any four of the above.
14,000,000 cars are mfg globally in 2006.
2.5 – 3.0m are mfg and sold in USA alone.
Toyota mfg/sold 1.6m of the 2.5-3m cars.
Just pinch yourself when Toyota or Honda in Japan, or Tata in India also come to the party !
---
Motor-Vehicle OEM (2003)- USA
The US was the largest producer of vehicles in the world in 2003, followed by Japan and Germany.
While most vehicles sold in the US were manufactured by the Big Three, foreign corporations such as Japan's Toyota Motor Company have starting manufacturing in the US and are now an integrated part of the US automobile industry. According to many sources, the extended US operations of foreign based companies now rival those of American automobile manufacturers.
For example, Toyota Motor Company now operates twelve manufacturing plants in the US, producing 1.55 million vehicles, 61.66% of the roughly 2.5 million vehicles the company sells in the US each year.
http://en.wikipedia.org/wiki/Passenger_vehicles_in_the_United_States
http://en.wikipedia.org/wiki/Toyota_Motor_Manufacturing_North_America
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