US Auto Sales Rise As Import Price Gap Increases Thanks To Rising Yen

US Auto Sales Rise As Import Price Gap Increases Thanks To Rising Yen
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As the Yen continues its march against the dollar, Japanese manufacturers are less likely to offer incentives to move metal off dealer lots; in fact average industry wide spending on incentives fell some 9.6 percent through September, down to $2,498 per vehicle. Continue Reading...

European Carmakers Adjust Parts Strategy Amid Japanese Crisis

European Carmakers Adjust Parts Strategy Amid Japanese Crisis
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The Earthquake disaster in Japan may prompt European car makers to seek suppliers closer to them, the chief of Europe’s automobile association said. Ivan Hodac, secretary general of the European Automobile Manufacturers Association, said that some car makers are still being affected by the disaster that caused several Japanese auto manufacturers to suspend operations. Hodac also… Continue Reading...
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