Facing a grim sales outlook, Japanese auto makers are in a state of shock, yet there appears to be more than a glimmer of light at the end of the proverbial tunnel. After several consecutive years of setting new benchmarks, sales continue to plummet and losses are piling up. Final numbers have yet to be released, but it’s no secret the industry’s last fiscal year ended March 31 was dismal. Educated guesses vary as to what went wrong. “Six of Japan’s 10 leading auto makers were in the ...
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