U.S. automakers are insisting any future bilateral trade agreements commit in writing promises not to manipulate currency-exchange rates, with Japan in the crosshairs. And for once U.S lawmakers are listening....More
Toyota, which collects sales data for the industry, says last month’s slump reflects high volume from a year ago, when government tax incentives were spurring demand. But it notes the country’s ongoing political unrest may affect sales....More
The executive says his company will urge Congress to oppose the proposed Trans-Pacific Partnership free-trade deal covering 12 countries, if the agreement doesn’t include “strong and enforceable currency disciplines.”...More
OEs are pressing for more than brick-and-mortar changes and modern décor. They want showroom culture to evolve as well, and evidence suggests dealers who follow these new employee/customer roadmaps will be rewarded....More
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