TOKYO, Dec 20 (Reuters) - The yen remains very strong against the dollar and the euro even after the Japanese currency's recent weakening, the head of Japan's auto lobby said on Thursday. The yen has dropped on expectations that Japan's next prime minister, Shinzo Abe, will pressure the Bank of Japan to adopt aggressive monetary easing. "This is merely a correction of yen strength. Even now, the yen is extremely strong," Akio Toyoda, who is also president ...
Premium Content (PAID Subscription Required)
"Japan auto lobby head: yen still is very strong" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.