#ExchangeRate
Weak Yen, New Models, Has Mazda In Reach Of Profitability
A weak yen and a slew of new models has Mazda within sight of profitability. With Mazda heavily dependent on exports, the yen’s 16 percent decrease in value relative to the U.S. dollar could not have come at a better time for Mazda, as it readies a whole slate of new products for sale.
Strong Yen Spells Big Trouble For Toyota
Japans currency rose to a 14-year high against the dollar last week, prompting fears that the island nation’s exports could be dramatically affected. A…
Read more
Recent Comments