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Japan: Toyota targets 20% cost cut

Toyota aims to cut production costs by around 20% in response to the rising value of the Japanese yen. The Wall Street Journal reports Toyota executive vice president Atsushi Niimi as stating that a 20% cost cut would allow the OEM to compete, even at the rate of ¥80/US$1. “By Subscribe to Automotive World to … Continued

Toyota aims to cut production costs by around 20% in response to the rising value of the Japanese yen. The Wall Street Journal reports Toyota executive vice president Atsushi Niimi as stating that a 20% cost cut would allow the OEM to compete, even at the rate of ¥80/US$1. “By

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https://www.automotiveworld.com/articles/87748-japan-toyota-targets-20-cost-cut/

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