Nissan CEO: logical for yen to weaken, 'neutral' rate 90-100/dlr

Newswire

TOKYO, Feb 27 (Reuters) - Nissan Motor Co CEO Carlos Ghosn said on Monday that it was logical for the yen to keep weakening and that a "neutral" rate would by 90 yen to 100 yen to the dollar. The dollar/yen rate, which hit a 9-month high earlier on Monday, is moving in the right direction but the current level is far from making Japan manufacturers competitive, Ghosn told reporters. (Reporting by Chang-Ran Kim; Editing by Edmund Klamann)

Premium Content (PAID Subscription Required)

"Nissan CEO: logical for yen to weaken, 'neutral' rate 90-100/dlr" 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 WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.
Connect With Us

Sponsored Introduction Continue on to (or wait seconds) ×