Quote:
Originally Posted by CarlosTheGaucho
Well, it sure is an article related to the U.S. automakers.
I doubt Japanese sales are much better though, but Japanese are masters of reducing costs / crisis management, so I would expect the overall effect of the drop in sales to be more moderate in their case.
Would be interesting to see stats though, would be interested to compare the costs of production, trends in who to, where and what do they sell the most, trends among their different consumer segments. |
Here is something that says that Japanese auto sales are at their lowest in 32 years
http://online.wsj.com/article/SB123789055391723961.html
From the article: "For the January-March quarter, Toyota, the world's biggest car maker by volume, plans to scale back production in Japan by 54%. Honda seeks to bring down domestic output by 38% and Nissan plans a 59% cut.
Honda cut its North American output 46% for the first two months of the year, while Toyota said its output outside of Japan for the same period fell 43%."
Not looking good for them either.