The current foreign-exchange rates “represent, for the yen, an appreciation that not only far surpasses all prior projections by (the domestic) auto makers, but also totally fails to reflect Japan’s economic fundamentals,” executives say....More
Members of the Japan Automobile Manufacturers Assn. are discussing ways to address likely electricity shortages in the coming months. One idea is to halt production one day a week in order to conserve energy....More
The government’s extension of subsidies to promote purchases of eco-friendly vehicles is expected to have a positive impact on sales, but JAMA anticipates termination of the program in September will decrease demand....More
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