The yen is getting weaker

[rez7777]

The yen is getting weaker. it has risen to 117 yen to the dollar. experts say the yen could go to 120 to the dollar by years end and 125 early in the new year. from near 100 to 125 yean per dollar is a great profit maker for the Japanese auto makers.

[Teh Ricer Civic!]

yes that is true, but your casting it in a deceitful way. the US Dollar is getting stronger, thusly all OTHER curruencies fall against it. amazing huh?

[Newbiewar]

what does this mean, i always have trouble understanding what a stronger dollar means to a weaker unit... Does this mean it will make Toyota's more expensive?

[bowtie_dude]

what does this mean, i always have trouble understanding what a stronger dollar means to a weaker unit...  Does this mean it will make Toyota's more expensive?

[post="38199"]<{POST_SNAPBACK}>[/post]

Basically, it means that the yen is getting, relative to the dollar, doubly weak. The yen is going down in value while the dollar is climbing, which spells big $$$ for Japanese companies selling crap in the US.

[turbo200]

really, the dollar is rising? that's good for the US economy....

[FUTURE_OF_GM]

Same sh*t, different day. Toyota = record profits/GM = screwed

[Delta Force79]

Same sh*t, different day.

Toyota = record profits/GM = screwed

[post="38283"]<{POST_SNAPBACK}>[/post]

Agreed

[jmore1276]

The yen getting weaker won't effect the Toyota plants in the USA. That's why they're here. These are no longer imports my friends, but USA made Toy-otas. Unfortunately the profits all go back to the MOTHER LAND. Mama? :P

[cmattson]

I'm sure Toyota will just raise prices again--to help the US automakers, of course :lol: