Ford Motor Co.’s Nick Scheele, continuing pressure on Japan to do something to prop up its slumping currency, says the yen should reside at ¥100 to the dollar, not the current ¥133. Recently, Detroit’s Big Three auto makers – Ford, General Motors Corp. and DaimlerChrysler AG’s Chrysler Group – have taken exception to the low value of the yen. They’ve asked the Bush administration to pressure the Japanese government to reverse the currency’s slide, which they contend is providing Japanese ...

Premium Content (PAID Subscription Required)

"Scheele Would Like to See Lower 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!

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.