According to a Reuters report, Japan's five major automakers are set to post record profits as they prepare to close out their 2005/2006 fiscal year. While the depressed value of the yen has played a role in boosting profits for Japanese companies, there remains a strong link between new product launches and automaker profits, with Nissan posting the weakest Q4 results among Japanese automakers, with no new models in the all-important U.S. market.
The report forecasts continued growth for Toyota, Nissan and Honda for at least two years, with the biggest gains in the U.S. Key products in the Japanese new model pipeline:

Expect political pressure on the Japanese government to raise the value of the yen, but don't look for that to have a big impact on sales of their cars Stateside as long as Toyota et al can continue to surf a wave of successful product launches.

[Source: Reuters]

I'm reporting this comment as:

Reported comments and users are reviewed by Autoblog staff 24 hours a day, seven days a week to determine whether they violate Community Guideline. Accounts are penalized for Community Guidelines violations and serious or repeated violations can lead to account termination.

    • 1 Second Ago
  • 2015 Toyota Highlander
    MSRP: $29,765 - $44,140
    2015 Jeep Grand Cherokee
    MSRP: $29,995 - $64,895
    2015 Honda Accord
    MSRP: $22,105 - $33,630
    2015 Honda Civic
    MSRP: $18,290 - $26,740
    2015 Mazda Mazda3
    MSRP: $16,945 - $25,545
    Share This Photo X