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 Stories About: Big Auto AND business AND cars AND consumerism AND economy
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Author |
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Annals of meaningless statistics
Mattel worth more than GM on strong outlook for Matchbox, Hot Wheels cars |
Adam Stein |
07 Jul 2008 |
Gristmill |
| At the present moment Mattel, the maker of Hot Wheels and Matchbox toy cars, is worth $6.2 billion, putting it at a premium to GM, worth a mere $5.7 billion.Created in 1952, Matchbox cars were instantly popular because they were hard for children to swallow and required no batteries.With the price of a fill-up now topping $100, drivers are likewise finding GM's line up of trucks and SUVs very hard to swallow. |
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| Topics: Big Auto, business, cars, consumerism, economy (all these topics) |
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