Japan's car makers hit U.S. wall
Article Abstract:
Though the three major Japanese auto makers are still experiencing strong sales in the U.S. market, there is concern that the traditionally successful companies will see a decline in sales due to U.S. economic conditions and high gas prices. As a reflection of this slowdown, share prices may fall for such longtime favorites as Toyota Motor Corp., Nissan Motor Company Ltd., and Honda Motor Company Ltd. Many analysts are downgrading their ratings for the Japanese car industry and are recommending against purchases.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2004
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Toyota's profit rises, along with threat to Detroit
Article Abstract:
Toyota Motor Corp. of Japan posted a 34 percent increase in net income to 398 billion Yen ($3.34 billion) for the third quarter. The automobile giant is to invest $11.8 billion in new plants and equipment upgrades to serve the United States market. The Japanese automobile maker is challenging United States automobile manufacturers market share.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
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