Asian,Automakers,See,Declines, car Asian Automakers See Declines
In the shape of the design, the Core wing broke through the traditional appearance of the other models, the Core-wing sense of movement and high-level sense of the high degree of balance, which must be improved, both in the interior styling General Lee: For such a TSP platform, indeed, is the test of the ability to integrate the same time, just She always has been mentioned in the business platform is a completely independent intellectual property platform and our platform is t
While the slip in Japanese sales and profits has not been quite hassteep as those of the domestic automakers, the time has come forJapanese automakers to follow the same path. This week Nissan hasannounced it will be cutting just over 8 percent of its workforce,thanks to a $2.9 billion loss expected for this fiscal year.Despite steep losses, Nissan plans to uphold its current aggressiveproduct development schedule. Included is Nissans upcoming electricvehicle, which Hartford Nissan says remains a high priority according to Nissan management.Honda also has forecasted trouble ahead, reducing its earningsforecast by about 57 percent. While a profit is still expectedaccording to Honda Philadelphia,Honda has preemptively cut salaries among board members and seniormanagers. Toyota, now the worlds largest automaker, has also shedsalaries, cut production, and expects a loss of about $5 billion.Further cutbacks are also expected. That being said, Westminster Toyota dealers see new vehicles such as the Venza crossover and the all-new Toyota Prius hybrid to boost sales momentum. Already, Irvine Toyota dealers have seen demand for the Venza due to heavy Superbowl advertising and other current incentives.While all automakers are hurt by dwindling sales here in the U.S.,the automotive markets in Europe and Japan are also seeing decliningauto sales. Even popular vehicles, such as the Toyota Prius hybrid, arefacing declining sales as potential car buyers steer away from new carshowrooms. In fact, a Toyota plant in Mississippi cut production of theHighlander in order to produce additional Prius vehicles. However,production there has been postponed, even as interest in the Prius hasremained high.With the U.S. auto market being particularly challenging these days,this year is looking to be a tough one for automakers and car dealersalike. While forecasts already look grim, many industry analysts areexpecting the worst, with even more declines ahead in 2009.
Asian,Automakers,See,Declines,