Stock Guru Profile ROTB
Rotoblock Corporation’s Oscillating Piston Engine (Link here for image of OPE)
A boom in emerging auto markets is the fundamental essence of Toyata’s Growth Blueprint, which has been kept secret for many months. Today the Wall Street Journal leaked the contents of this secret document and the news is consistent with Rotoblock’s direction to produce an efficient and simple engine for a small car.
Toyota Motor Corp. expects a surge in car sales in India, China and other emerging markets. Toyota’s “global master plan,” will boost its production capacity by 450,000 vehicles a year. According to the document, which has circulated among top Toyota executives since earlier this year and was reviewed by The Wall Street Journal, the company expects global auto sales to rise to 73 million vehicles in 2010 from 65 million last year, a five-year growth rate of 12%. The blueprint says the projected surge in sales over the next decade will be driven principally by the so-called BRIC nations — Brazil, Russia, India and China.
Rotoblock has an agreement to provide the engines for the Obvio! in Brazil. They are producing precisely the right engine for the small car in the emerging markets.
Global Insight, an economic-research and consulting firm, says global auto sales over the next five years will grow 3.2 percentage points faster than in the previous five years, a major shift for the industry after decades of slow growth, especially in the U.S. and Western Europe.
“BRICs are the engine of growth,” says Masaki Taketani, a director of CSM Worldwide, an auto-industry research firm in Michigan that also foresees soaring sales. “Companies that rule the auto markets in the BRIC countries will come out as winners in the global auto race,” he says.
The burgeoning demand is for low-cost cars, and much of it, especially in China, is likely to be filled by young, homegrown competitors. These emerging auto producers are making inroads in Africa and the Middle East with models selling for as little as $5,000 and could pose the greatest challenge to Toyota and other auto giants in the low-end market.
Every car will need an engine and Rotoblock is the company to deliver a simple engine that can be repaired with components for small cars.
Source: Electronic News Publishing and Gale Group
Rotoblock Corp. — ROTB
Rotoblock Corporation 300 B Street
Santa Rosa, CA 95404
Phone: (707) 578-5220
Website: www.rotoblock.com
About Rotoblock Corporation: Rotoblock is focused on the continued development and improvement of the Oscillating Piston Engine to the state where its mechanical, ecological and economic viability leads to the profitable licensing of the manufacturer’s rights to a proprietary patented design or a partnership for its manufacture. The Company was incorporated in Nevada, is headquartered in Santa Rosa, California. The Company has full rights to the patents of the original Oscillating Piston Engine and believes the Rotoblock Oscillating Piston Engine has particular and useful applications in developing countries such as China and India and will be including these areas in the marketing and commercialization phase of this engine. Visit Rotoblock’s corporate website for details about the company, technology, and regulatory filings. The address is: http://www.rotoblock.com.
Safe Harbor For Forward-Looking Statements: Except for statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which Rotoblock Corporation has little or no control.
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