Mattel worth more than GM on strong outlook for Matchbox, Hot Wheels cars

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.

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.

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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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