Faced with a sharp downturn in global demand, Japanese auto makers are putting the brakes on capital investment. Toyota Motor Corp. and Honda Motor Co. Ltd. were first to announce delays or cancellations in December. Nissan Motor Co. Ltd. is expected to follow suit at the end of this month when the auto maker discloses its third-quarter financial results, almost certain to be down substantially from late October when it projected a ¥79 billion ($838 million) second-half profit. Toyota, ...
Premium Content (PAID Subscription Required)
"Japanese Auto Makers Move to Conserve Cash" 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.