Yen Grows Stronger, Threatens Financial Health of Auto Makers
18 Mar 2011, 06:07 UTC · By: Daniel Patrascu / Usually, when a crisis of some kind hits a country, its currency depreciates. Proving, once again, that it is an economy like no other, Japan and its big automotive players are faced, one week after...
Nissan Kills European cube
18 Jan 2011, 13:22 UTC · By: Bogdan Popa / Japanese manufacturer Nissan has recently decided to pull the plug on the European cube production, with the model to be withdrawn from all markets across the Old Continent. The reason behind the de...
Daihatsu Quits Europe
17 Jan 2011, 19:45 UTC · By: Daniel Patrascu / The automotive industry has been, in the past few years, the target of choice for more than one calamity, culminating with the financial crisis of 2009. Its effects are still felt today and, combine...
Toyota Threatens to Leave Japan
8 Nov 2010, 09:18 UTC · By: Daniel Patrascu / The headaches Japanese carmakers are experiencing because of the strengthening of the Japanese currency, the yen, are getting more and more unbearable. As still the largest carmaker in the world and...
Toyota Takes Another Financial Hit Due to Dollar Drop
26 Nov 2009, 16:38 UTC · By: Alex Vasile / Unfortunately for Toyota Motors Co, which used to be the world’s biggest automaker, the company is free falling as it's looking at yet another financial disaster. The car manufacturer is ...