Currency

MARK RECHTIN

Stop crying about the 'weak' yen

12:01 am U.S. ET | Aug. 15, 2013
Detroit automakers need to stop whining about the weak yen damaging their ability to compete against Japanese automakers. It conjures up decades-old images of excuse-making, when the Detroit 3's problems were everyone's fault but their own.... Read More »

 

RYAN BEENE

Weak yen turbocharges Mazda profits

12:01 am U.S. ET | Aug. 5, 2013
What last year was Mazda Motor Corp.'s biggest headache has become a key earnings advantage: its heavy exposure to the Japanese yen.... Read More »

 

Ford exec says U.S. sales pace may have slowed on Fed signals

5:02 pm U.S. ET | June 27, 2013
A top Ford executive said the auto sales pace in the United States may have moderated after the Federal Reserve signaled it could begin unwinding its accommodative monetary policy.... Read More »

 

Japanese automakers' U.S. output soars

10:49 am U.S. ET | June 27, 2013
Japanese automakers, rebounding from an earthquake and aided by a weakening yen, cranked up U.S. vehicle production by 36 percent last year while boosting imports from Japan by 19 percent.... Read More »

 

Lentz: Yen's slide won't help Toyota

12:01 am U.S. ET | June 24, 2013
The weakening yen was supposed to be a boon for imported Japanese vehicles in the United States. But Jim Lentz, Toyota Motor Corp.'s CEO for North America, doesn't see it that way.... Read More »

 

Mulally sees China becoming Ford export hub

June 20, 2013 06:01 CET
Ford CEO Alan Mulally says "it's just a matter of time" until Ford uses China as an export hub. He also said Japan is manipulating the yen and its market is more closed than China's.... Read More »

 

Nissan price cuts, weaker yen raise fear of U.S. discount war

2:25 pm U.S. ET | June 17, 2013
Nissan's take-no-prisoners approach to gaining U.S. market share has the auto industry worried that a price war is brewing that will erode the profit progress made since the recession ravaged auto sales.... Read More »

 

HANS GREIMEL

Economic revival boosts foreign car sales in Japan

12:01 am U.S. ET | June 17, 2013
For months, U.S. and European automakers have fretted about the potential boost to Japanese brands' sales in their markets from the tumbling yen, which makes Japanese exports more profitable and increases their allure in overseas markets. But here's the flip side those automakers don't complain about: Import sales in Japan are soaring.... Read More »

 

Yen skews U.S. pricing, data show

12:01 am U.S. ET | June 3, 2013
The yen's plunge against the dollar gives Japanese automakers a big price advantage here, and arguments that transplant U.S. factories slash the impact don't hold water, says a Morgan Stanley analyst.... Read More »

 

Falling yen lifts outlook for Japanese

12:01 am U.S. ET | May 13, 2013
For five years, a rising yen undermined Japanese automakers' profits. Now the currency's sudden weakening has delivered dramatic gains, especially in the January-March quarter.... Read More »

 

In boon for Japan's automakers, yen tumbles over milestone

10:21 pm U.S. ET | May 9, 2013
Toyota's half-decade of fighting the yen is over, at least for now. The weakening yen breached 100 against the dollar in U.S. trading on Thursday, paving the way for Japanese automakers to emerge from an unprecedented stretch where the currency's appreciation roiled their ability to sell cars overseas at a profit.... Read More »

 

Canada's grasp on auto investments wanes as loonie strengthens

12:01 am U.S. ET | April 27, 2013
Within the past five years, GM moved the production of its trucks and Buick LaCrosse sedan in Oshawa, Ontario, to the United States. While the 323-horsepower Camaro is still made in Canada, GM said the next generation of its top-selling sports car will be built in Lansing, Mich.... Read More »

 

Honda quarterly profit rises 6.6% on strong U.S. sales, falling yen

April 26, 2013 09:00 CET
Honda posted a 6.6 percent rise in quarterly net profit, helped by strong U.S. sales of its Accord and CR-V models.... Read More »

 

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