Japan: Rising yen may force Toyota to shift production

Toyota president Akio Toyoda has said that his company may shift manufacturing capacity outside Japan due to unfavourable foreign currency and other factors. "Relocating production facilities means abandoning the foundation of monozukuri.It is not something I want to do. If we are simply unable to make a profit, however, we may Subscribe to Automotive World … Continued

• By Webmaster
• January 17, 2011