[lbo-talk] Yen, credit crisis to sink Japan carmakers' guidance

uvj at vsnl.com uvj at vsnl.com
Mon Oct 27 18:16:26 PDT 2008


Yen, credit crisis to sink Japan carmakers' guidance http://www.reuters.com/article/businessNews/idUSTRE49Q2C720081027?sp=true

Mon Oct 27, 2008

By Chang-Ran Kim, Asia autos correspondent

TOKYO (Reuters) - With the yen soaring to historic heights and car demand crumbling under the threat of a global recession, Japanese carmakers will likely slash their profit forecasts for what had already shaped up as a weak year when they report interim results from this week. http://www.reuters.com/article/businessNews/idUSTRE49Q2C720081027?sp=true



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