Apart from recent well-publicised natural disasters, the big three Japanese car makers have also had to struggle against another life-threatening problem – the strength of the yen on foreign exchange markets which made profits hard to come by. According to a report from Deutsche Bank, the era of the rising yen has come to an […]
Tag Archives | Japanese disasters
Toyota Emerges From Troubles Expecting To Double Profit
Currency Prospects Cast Shadow Over Prospects Though Toyota of Japan is emerging from a dark tunnel into the sunlight and expects to more than double net profit in the current financial year. Toyota was hit by high profile safety recalls of some of its vehicles and that was compounded by the earthquake/tsunami natural disasters at […]
Suzuki Wants Court To Force VW To Sell Its Stake
Japanese Move To Force End To Deal Shows Compromise Unlikely “How dare you; you, you “associate”! On a Richter scale of insults, to call someone an “associate” doesn’t register, so why should Suzuki react “theatrically” in the words of VW when the German company referred to its shareholding in the Japanese company as meaning that […]
Peugeot Blame Attempt Misfires
Nissan, Daimler Contradict Peugeot Experience And Market Pounces But Some Investors Still Like Model Programme, Premium Push Peugeot-Citroen blamed Japan-natural disaster induced supply disruption for its decision to slash its profit estimate for the second half, which was unfortunate because Nissan and Daimler said at the same time that this wasn’t much of a problem […]
Production Resumes In Japan, But European Disruption Looms
Controllers, Chips, Chemicals May Be Trojan Horse, Even For Europeans Peugeot Resumed Diesel Production But Is Actually Stockpiling “Sudden, significant supply interruptions in May, June a real risk” All the news out of Japan seems to suggest that everything is returning to normal in the automotive industry after the earthquake, tsunami and nuclear meltdown, but […]
Saab Production Problems; Earthquake Or Liquidity?
“It’s an ill wind that blows nobody any good,” goes the old adage. You would be hard pressed to find any plus points emanating from Japan’s triple whammy of earthquake, tsunami and nuclear meltdown, but Saab’s predicament might provide a rare case. Were Saab’s production lines shut down in the middle of April because it […]
BMW Most Vulnerable To Japan Fall Out
Damage Unlikely To Be Major, Although 2011 Profits Look Capped New 1, 3 Series Launches To Provide Substantial Cost Savings BMW is the most vulnerable of the premium car manufacturers to any supply crunch following the crisis in Japan, but investors are confident that any disruption will be short-lived and manageable. BMW announced impressive financial […]
Japan Quake Impact on Global industry Hard To Fathom
Some Say Normality Weeks, Not Months Away. Others That Japanese Production Losses Will Gather Pace. Will Crucial Electronic Parts Made By Small Firms Be The Achilles Heel? News about the possible impact of the Japanese earthquake, tsunami and nuclear power plant disaster on the global automotive industry is confused and contradictory. Nissan Motor’s Chief Operating […]
Short-Term Outlook Grim For Japanese Automakers
Delicate, Crucial Supply Chain Badly Damaged Even If Production Restored, Infrastructure Havoc Will Curb Exports Competitors Circle To Gain Advantage Japanese auto manufacturers closed down their factories in the days after the earthquake and tsunami disaster and nuclear power plant failures, but even if big factory production is restored, with roads and ports crippled the […]