Toyota: new King in town

It is real. It is a milestone. It is something that seems like a new age:

• Toyota Motor Corp. became the world's top auto seller in the first three months of the year, passing rival General Motors Corp. for the first time, the Japanese automaker said Tuesday.

It is bad news for GM? Possibly, no. Wagoner was cutting fleet contracts, which contribute mainly to poor margins. But Toyota is telling to the world, that its long term strategy is paying off. Toyota long term strategy focus on quality and efficiency is paying off.

Let's see, if automakers will learn the same way Boeing did in the past. Boeing faced EADS (Airbus), and is again on top of the hill.

Again, automakers need new corporate leadership like Sloan or Iacocca.

Are we near a new war?

In an economy, there are some sectors that benefits from war, like: equipment manufacturers, from planes to boots, from food to fuel!

Iranian - British fight because of waters, it is reminding us about some old memories:

• The kidnapping in mid-March of 15 British sailors, and the parading of them on Iranian television, was first played down by the British government, in an effort to encourage Iran to set them free without losing face. Now the situation is beginning to look more like the American-hostage incident in 1979, when over 60 Americans were held in their diplomatic mission in Tehran, Iran’s capital, by Islamic extremists.

We are near a possible war, after this remark: President George W. Bush said Iran's seizure of 15 British sailors and marines in the Persian Gulf is ``inexcusable'' and the U.S. stands behind the U.K. government in its attempts to resolve the standoff.

Stocks to watch, especially in a bear market: Lockeed-Martin, Boeing, Northrop, Exxon-Mobil, Chevron and gold!

But, we will continue to watch internet stocks and healthcare business.

Air transportation: a new step

Lockeed Martin and Boeing are trying to get married:

• Lockheed Martin and Boeing Form Strategic Alliance to Promote Next-Generation Air Transportation System.

In a global world, some sector demands to much money to support profitable lines of business. Even with the support of the Pentagon, Boeing and Lockeed, are not well, to run its business autonomous.

Judy Marks, President of Lockeed Martin expressed its view: "To help increase the capacity of our National Airspace System by three fold over the next two decades, industry needs to look from the ground to the sky for innovation".

Sometimes, a higher level of concentration does not bring competition and performance.