currency
Toyota Bumps Up Sales Forcast, On Pace For Largest Profit in Five Years
Toyota now expects to sell 2.63 million vehicles in North America following a strong third quarter of sales where the Japanese automaker outsold Ford Motor Company for the first time in 15 quarters.
Honda Reducing Exports By Half As A Reponse To Rising Yen
The rising yen is making exports from Japan increasingly unprofitable and Honda is looking to cut vehicle exports by 50 percent over the next 10 years as a response to the change in currency valuations. Honda hopes to sell as much as 90 percent of its vehicles in markets that can use locally sourced vehicles….
