Japan car makers Q1 seen mixed, yen lifts prospects

Newswire

(For earnings forecast table, double-click on [ID: nT345098] By Chang-Ran Kim, Asia auto correspondent TOKYO, July 22 (Reuters) - Japanese auto makers are expected to report mixed quarterly results, but profits will likely be better than they initially envisaged thanks to the yen's limited drop and upbeat U.S. sales, boding well for full-year prospects. China's 2.1 percent revaluation of the yuan on Thursday has thrown some uncertainty into the picture as it swooped the yen up with it, ...

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