Toyota Bumps Up Sales Forcast, On Pace For Largest Profit in Five Years

Toyota Bumps Up Sales Forcast, On Pace For Largest Profit in Five Years
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Toyota now expects to sell 2.63 million vehicles in North America following a strong third quarter of sales where the Japanese automaker outsold Ford Motor Company for the first time in 15 quarters. Continue Reading...

Honda Reducing Exports By Half As A Reponse To Rising Yen

Honda Reducing Exports By Half As A Reponse To Rising Yen
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The rising yen is making exports from Japan increasingly unprofitable and Honda is looking to cut vehicle exports by 50 percent over the next 10 years as a response to the change in currency valuations. Honda hopes to sell as much as 90 percent of its vehicles in markets that can use locally sourced vehicles…. Continue Reading...