DETROIT – General Motors Corp. will step up pressure on the Bush Admin. to take action against the weakening yen, the auto maker’s top economist says here at a meeting of the Society of Automotive Analysts. “We intend to make this a major issue in Washington,” says GM Chief Economist G. Mustafa Mohaterem of the growing disparity between the Japanese yen and U.S. dollar. He says Japan has “actively manipulated the yen down” over the last three years through an injection of some $200 million ...
Premium Content (PAID Subscription Required)
"GM to Step Up Lobby Against Weakening Yen" 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.