Toyota, Nissan, Honda Under Pressure in Europe

Saturday May 20 by Claudia bournebloomberg.com
Toyota Motor Corp., Nissan Motor Co. and Honda Motor Co., Japan's largest carmakers, are under pressure to reduce costs and introduce new models in Europe after they all lost money here last year, analysts said. The losses in the fiscal year ended March 31 came amid lower sales and the yen's rise against the euro. All three companies made money in Europe in the previous fiscal year.





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