Tag Archives: yen value

Honda Overseas and Japan Production Down Again in May

Posted on 28 June 2011 by Ken Zino

Honda Motor Company in Japan today announced that vehicle production declined by more than 50% for the month of May 2011. It was the third straight month that production dropped due to the ongoing negative effects of the Japan earthquake and tsunami in March. Continue reading →

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Honda Motor Predicts $2.4 Billion Profit Drop from Earthquake

Posted on 14 June 2011 by Ken Zino

This represents a 63.5% decline for Japan’s third largest automaker compared to the previous year, the result of production disruptions caused by the Japan earthquake and tsunami, rebuilding costs, as well as a strong Yen at an unprecedented ¥80:$1. Continue reading →

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