Yen's surge exacerbates Nissan's woes, putting debt-ridden auto maker at dire financial risk
Article Abstract:
The continued rise in the value of the yen has had an extremely adverse impact on the Japanese automotive sector, especially for Nissan Motor Company Ltd. (Nissan). Although the company has managed some success in its efforts to cut costs and increase efficiency, any gains realized are instantly negated whenever the yen appreciates in value. The situation is exacerbated by Nissan's declining market share and the fact that it already suffers under the load of some $36 billion in debts.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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Maruti dispute threatens to undercut Indian car maker's dominant position
Article Abstract:
Observers believe that the growing dispute between Suzuki Motor Corp. and the Indian government could threaten Maruti Udyog Ltd. The two parties, who both own a 50% stake in India's dominant automaker, are deadlocked over several issues, including how to finance a planned expansion project and who should manage the joint venture. The dispute has come at a time when other foreign automakers are set to enter the Indian automotive market.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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China car maker is among yen victims
Article Abstract:
The surging value of the Japanese yen is having an adverse impact not only on Japanese exporters but on foreign companies as well. Companies such as China's Qingling Motors Co., which depends heavily on Japanese imports for its operations, are finding it increasingly difficult to cope with escalating costs. The same problem faces automakers in Malaysia and Indonesia who import much of their parts from their Japanese partners.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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