TOKYO – Fumio Fujimori faced an uncharacteristic problem last June when he assumed the presidency of Japan’s third-largest automotive supplier. The 61-year-old CEO began his new assignment just two months after Aisin Seiki Co. Ltd., an affiliated supplier of Toyota Motor Corp., reported the first operating loss in its 60-year history: ¥3.5 billion ($38 million) in fiscal 2008. Before the financial market meltdown in fall 2008, the supplier had been on track to report a ¥100 billion ($1 ...
Premium Content (PAID Subscription Required)
"Printer-friendly" 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.