yen


Toyota reportedly cutting Prius price to match Honda Insight in Japan... will U.S. follow?

Toyota may have gotten used to being the leader in the hybrid sedan segment, but the Japanese auto giant didn't get to where it is today by failing to see the writing on the proverbial wall. With arch-rival Honda having priced its new Insight hybrid lower than the current Prius, Toyota is responding in kind by dropping its domestic market sticker price on the upcoming new Prius to match. According to reports coming out of Japan, Toyota recently notified its JDM dealers that the price for the new Prius would be set at 2.05 million yen, which ... Read more →

Honda could move headquarters outside of Japan Jeremy Korzeniewski

Corporate posturing or not, Honda's Takeo Fukui made his opinions perfectly clear regarding the Japanese government's recent lack of currency manipulation. Fukui, CEO of Honda Motor Co., suggested ...

Lexus IS-F sales begin 12/25 with 417 HP underhood John Neff

click above image to view more high-res photos of the Lexus IS-F Merry Christmas, says Lexus, which announced today that its hopped up entry-level luxury sedan will go on sale Christmas Day in ...

Yen vs. Dollar/Euro: Both US and European automakers feeling the pinch Chris Shunk

Most people looking to purchase a Toyota or Nissan just don't care about the value of the Yen vs. the Dollar. It just isn't relevant. For automakers here and in Europe, however, it's a very big ...

Toyota posts higher than expected quarterly profits John Neff

Toyota has just released its earnings report for the quarter spanning April through June and the Japanese automaker has posted an operating profit of $4.45 billion. Toyota's profits even beat the ...

GM's Wagoner joins chorus blaming weak yen 3 years ago on Autoblog

General Motors CEO used the bully pulpit at GM's annual shareholders' meeting to repeat a complaint that has been made several times in the past few decades (and will likely will be heard many times again) - the Japanese government is artificially holding the value of the yen low relative to ...

Yen rate gives Japanese automakers unfair advantage, Chrysler's LaSorda says 3 years ago on Autoblog

At the Mackinac Policy Conference in Michigan on Thursday, Chrysler president and CEO Tom LaSorda said he plans to call on George W. Bush to confront Japan about an artificially low yen rate that he maintains unfairly allows Japanese automakers up to a $3,000 advantage per vehicle ...

Japanese automakers fuelling record profits with new models 3 years ago on Autoblog

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 ...






Autoblog Podcast #154: Gobbling up the News

Chris, Sam, and Dan kick out a podcast just in time for the long holiday drive.

 
 

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