Thursday May 24, 2012

JAPAN NEWS AND DISCUSSION

Japanese automakers cut production, jobs, costs

Business Jan. 17, 2009 - 07:01AM JST ( 5 )

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5 Comments

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some14someJan. 17, 2009 - 08:07AM JST

It is a luxury ! For Automakers/elec makers to halt the production and cut jobs and thereby safeguard their earnings (profits and special reserves).
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LFRAgainJan. 17, 2009 - 08:20AM JST

In the meantime, gasoline prices are starting to inch up in Japan (up 5 yen in Western Japan as of Wednesday), which, according to everything the talking heads have told us over the past three months, is a good thing, indicating an increase in consumption. e.g., an increase in consumer spending. Or is it just a temporary ripple caused by all the recent New Years travel?
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noboritoJan. 17, 2009 - 09:45AM JST

Meaning no more foreign Brazilian workers. Sad to see this work force which was already working for minimum wage, loose their jobs and stuck in a country that really doesn't want them here anyway. Very sad.
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DisillusionedJan. 17, 2009 - 04:01PM JST

I wonder if this would also lead Japan into accepting cars have a longer life than ten years. At present it is too expensive to keep older cars cos of the taxes and more expensive shakken, but people can't afford to buy new ones. Seems to be a bit of an oxymoron with no clear answer. Saddly, I see more and more people losing their jobs. This is not only going to affect the car manufacturers, but also the spare parts and repair industries. Aso reckons he wants Japan to be the first country to pull itself out of recession. It doesn't look like he has a hope in heck of actually doing it.
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LFRAgainJan. 20, 2009 - 03:49PM JST

The shaken scam (and that's what it is, as far as I'm concerned) was concocted to create an artificially high demand for new cars, making owning an older, but mechanically sound model financially prohibitive. This was Japan's answer to the often ignored question that still dogs capitalism, "What do you do when everyone already owns one of what your selling?"