The prospects are so good for Toyota. The only issue on Toyota's horizon is the exchange rate, which has been in its favor this year.

If you look at it in terms of pure economics their investment in Australia must be under question.

India is the new China for the world's auto industry but with a twist.

Toyota is like a huge stream roller that moves slowly, but make sure that it does well in the markets it wants to be strong in.

I don't see Fiat (Auto) disappearing overnight, not least because no one wants to acquire it and the Italian government won't let it suddenly go under, but we may see a fairly rapid decline and its demise certainly benefits the rest.

Another issue likely to resurface is the matter of 'a more competitive exchange rate', deciphered as code for the rand to weaken. Moral suasion such as this may be good for export-biased manufacturers, but will hardly be considered good for observers of inflation, or long-term interest rate markets.