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Another Japanese automaker plans to shift production to North America with Mazda (MZDAY.PK)...
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Friday, January 4, 1:31 PM ETAnother Japanese automaker plans to shift production to North America with Mazda (MZDAY.PK) saying it will build vehicles for both itself and Toyota (TM +1.6%) at a plant in Mexico. Due to the strong yen and improvements in North American manufacturing capabilities, the east-to-west trend is strengthening.
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Yen has depreciated from the low 70's to mid 80's in the past few weeks. BTW the japanese builds the US plants, who knows how much stronger yen may get, or not.