Japanese automotive companies are bucking the trend as they take an increasing market share, accordi...
Japanese automotive companies are bucking the trend as they take an increasing market share, according to Simon Hopkins, managing director Global Fund Analysis. He says: 'With a pick-up in demand, or at least a pick-up in expectations of demand, the automotive sector in Japan is running counter to the trend of weak industrial production. Year-on-year industrial production has fallen by 1.2% and the yen is in freefall against the US dollar and the euro, while automotive shares have risen by around 3%.' There are some interesting leading indicators, one of which is the sharp increase in t...
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