TOKYO – First, it was President Bush assailing the yen’s value while visiting Japan’s capital. Now, just days after Bush’s visit here, General Motors Corp. leadership continues the American attack on the Japanese currency, which some say is being kept artificially weak by the government to improve the profit margins of export-focused domestic companies. The current exchange rate is ¥109:$1. “I’d like to see the yen stronger, yes I would,” says GM Chairman and CEO Rick Wagoner ...

Premium Content (PAID Subscription Required)

"GM Tackles Yen, Pension Issues" 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!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.