Japan's Automakers Face a Double Whammy: The Coming Collision of Currency and Conflict The ongoing Iran conflict has sent ripples through global markets, but Japanese automakers face another significant challenge: the strengthening yen.
This potentially devastating combination could put substantial pressure on the industry's profitability. The recent intervention by the U. S.
Treasury and Japan's Ministry of Finance to prop up the yen has already had a profound impact on currency markets.