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Describing the recently weakened yen as still "super strong," Nissan's (NSANY.PK) COO , asks for...

Describing the recently weakened yen as still "super strong," Nissan's (NSANY.PK) COO , asks for more. Mazda's (MZDAY.PK) CEO agrees, unworried the yen could actually move to a level deemed as weak.
Comments (1)
  • bakkbakk
    , contributor
    Comments (280) | Send Message
     
    The problem there is if those car companies get the weaker yen to make more money, the buyer of those cars wont see a dime of savings. The dealers will, but you can bet since margins are number one and the consumer is 2nd by far, that they wont sell a whole lot more cars if they(japan ceos) get what they want. Its a good idea but when it comes to cars and car companies the consumer always loses and that mazda wont look anymore attractive at the same price. Maybe if the ceos of the company mandated a lower price to all dealers, there could be some benefit but when looking at a new car, if im choosing between car a, b, and c. all within a 5k range of price....Its going to be a car that I like most, and am far from being rich. Its a mandatory decision in the customers head that they buy what they want over price, especially when you spread out 1k to 5k over 4 to 5 years. Its the cars that sell themselves not the 1k to at the most 5k they could knock off of the price.
    17 Mar 2012, 10:58 PM Reply Like
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