Japanese automaker Nissan Motor Co., announced that it plans to move production of the Nissan Rogue from Japan to the United States.
According to an autoweek.com, “When the yen rises against the dollar, that reduces the amount of yen revenue that Japanese automakers take in from cars and trucks sold for dollars. Japanese automakers then must decide whether to raise prices in dollars, in order to protect their profit margins, or accept lower profits.” The article continued, “By building vehicles in North America, Japanese automakers offset the negative impact of a rising yen, but switching labor and parts costs from yen to dollars.”
Nissan plans to start U.S. production of the Rogue in 2013.
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