Post Profile

Japan dives into the currency markets to slow yen's rise

5 years agoVehicles / Cars : Leftlane

Automakers like Toyota, Honda and Nissan have been hurting from the strong value of the yen, but the Japanese government has stepped in to alleviate the problem. Japan - Toyota - Honda - Asia - Government of Japan
read more


Related Posts

Honda to Reduce Japanese Exports, By Building Cars Elsewhere: Like Here

Vehicles / Cars : Blog (3 years ago)

In an effort to tackle the problem of swinging currency, Honda is looking to cut its Japanese exports in half within the next 10 years—and that means building vehicles locally, including America. The yen is strong in Japan right now...

Nissan to shift some production from Japan to Mexico

Vehicles / Cars : Leftlane (6 years ago)

The rising value of the yen is making it ever more difficult for the Japanese automakers to turn a profit, which has forced Nissan to shift some of its Japanese production. In a bid to cut global costs and safeguard itself against t...

Strong Yen Could be Next Problem For Japan Automakers

Vehicles / Cars : Auto Observer (5 years ago)

Tough selling to still-wary American consumers might be a problem at the lower end of Japanese automakers' list if currency exchange rates continue their current trend. A soaring yen and a drooping dollar are raising red flags for t...

Honda Expecting Major Rebound After a Tough Year in 2011

Vehicles / Cars : Blog (3 years ago)

Last year might have been the toughest on record for Japan’s three major automakers, Toyota, Nissan, and Honda. A strong yen partnered with the horrific natural disaster that struck Japan in March of 2011 crippled the three aforemen...

CEO: Strong yen, weak sales could force Honda to leave Japan

Vehicles / Cars : Leftlane (6 years ago)

Under the pressure of a rising yen, Honda’s Chief Executive Takeo Fukui is calling on the Japanese government to act swiftly in order to stabilize the country’s currency. Fukui has warned Honda will have to take more production out ...


Copyright © 2015 Regator, LLC