Buy now, or hope that the pound rebounds soon.
- Chris Bruce
- Dec 19, 2014
With the Russian ruble losing over 40 percent of its value since June, automakers are temporarily stopping sales in Russian until they can adjust prices, or see things stabilize.
- Danny King
- Sep 30, 2014
Brazil is a long way from the US, and the price of the BMW i3 in that South American country is even further away from what Americans pay for the same electric vehicle. But that hasn't stopped a few wealthy Brazilians from taking the plunge.
- Jonathon Ramsey
- Jan 3, 2013
Shinzo Abe was sworn in as Japan's new prime minister – its seventh in six years – barely a week ago. To count him as the seventh PM is a bit disingenuous, in fact, since he was the prime minister in 2006 and 2007 but had to retire due to medical issues. His return came after a campaign that stressed repairing the nation's economic issues – a platform that should give you an idea of the issues Japan has had at the top step of its government. Chief among the nation's woes? An ec
- Chris Shunk
- Oct 10, 2011
For years, Detroit automakers would argue that the Japanese yen was artificially devalued, and that the value of the currency was a big competitive advantage to the likes of Toyota and Honda. To erase this gap, The Detroit Three pressured suppliers to lower costs in any way possible, which caused ill-will within their supply bases. In fact, Japanese automakers routinely scored higher in supplier relation studies, while General Motors, Ford and Chrysler hovered at the bottom of the list.
- Eric Bryant
- Jun 8, 2006
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 the dollar to help its exporters. The same complaint was recently issued by Chrysler's Tom LaSorda as well. A lower value for the yen makes it easier to stick a lower price tag on an auto that's importe
- Erin Mays
- Jun 3, 2006
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 over their American counterparts. LaSorda said that he, Rick Wagoner and Bill Ford plan to raise this topic, along with health care and energy policy, with President Bush in a meeting scheduled for later
- 2018 Honda Accord First Drive
- 2018 Mitsubishi Outlander PHEV First Drive
- Updated Crossover Buying Guides
- Leaked 2018 Honda Gold Wing photos
- Mercedes-Benz GLC-Class earns top IIHS rating
- Find and compare 2018 models