Japan's automotive blues

March 1993
U.S. News & World Report;3/8/93, Vol. 114 Issue 9, p19
Reports that Nissan Motor has decided to close a 29-year-old assembly plant in Zama, near Tokyo. The opening this year of Toyota Motor's assembly plant on the southern island of Kyushu, Japan; Nissan expects to lose $248 million this year; Nissan's contribution to bringing the Japanese industry back into balance may not be enough; Mazda could be next on the list for retrenchment; Toyota, Honda and Mitsubishi in better financial shape.


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