By Michael Ellis DETROIT, May 27 (Reuters) - Detroit automakers, facing weaker sales and falling market share, have cheered the 13 percent fall in the U.S. dollar against the euro this year, which has put pressure on prices of imports from rivals. The dollar's more modest 2 percent drop against the Japanese yen has helped counter the cost advantage of up to $3,500 per imported vehicle that Japanese automakers have against their U.S. competitors, said General Motors Corp. chief economist ...
Premium Content (PAID Subscription Required)
"U.S. automakers: 3 cheers for the weaker dollar" 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:
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.