Japanese automakers to boost output ahead of sales-tax hike

Japanese carmakers will reportedly increase production at the start of next year in order to meet what they expect will be higher demand ahead of a rise in sales tax in April.

Toyota (TM) will boost output by 10%, while Honda (HMC), Mitsubishi (MMTOF) and Suzuki (SZKMY) will add extra days of production.

Other Japanese auto stocks: NSANY, MZDAY, FUJHY

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Comments (1)
  • SpoiledRottenBrat
    , contributor
    Comments (1494) | Send Message
    With the Yen now over 105Y and weakening further, the Japanese big three exporters (TM, HMC and Nissan) will increase their market share (worldwide) over the likes of GM and F and continue to sell more and better cars to consumers.
    29 Dec 2013, 01:10 PM Reply Like
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