Monday, July 4, 2011

Japanese Automakers: Sayonara, Japan

Japanese automakers will move their production elsewhere if the yen keeps rising. This is what Toshiyuki Shiga, chairman of the Japan Automobile Manufacturers Association, told The Nikkei [sub] in a very blunt interview. �Shiga, who is also the COO of Nissan, said that power shortfalls and the strong yen are the biggest impediment to Japan?s [...]

Source: http://www.thetruthaboutcars.com/2011/07/japanese-automakers-sayonara-japan/

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