Japan: OEMs anticipate further yen depreciation

Despite the recent weakening of the yen against the US dollar, which has seen the rate move to around ¥83.5:US$ recently from a low of around ¥76:US$ in early February 2012, executives at the major Japanese OEMs continue to stress the need for further depreciation in order to restore the Subscribe to Automotive World to … Continued

• By Webmaster
• March 19, 2012