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

4 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
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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... Read Post

Honda Expecting Major Rebound After a Tough Year in 2011

Vehicles / Cars : Automotive.com Blog (2 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... Read Post

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 ... Read Post


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