Right Place, Right Time

Treadgold, Tim
February 2007
Forbes Asia;2/12/2007, Vol. 3 Issue 3, p32
This article talks about Stan Perron, former manager of Thiess Brothers, and his Toyota business in Australia. When Perron left Thiess, the company chairman gave him Toyota franchise rights as a going-away gift. Perron opened Prestige Motors in East Perth and in his first year, 1963, he sold a mix of Toyota Crowns and Toyota Tiaras for an average of $1,000 a piece. According to the author, the expectation that Toyota is to overtake General Motors as the word's largest car maker in 2007 has helped make Perron very rich.


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