Coronavirus: 80% Drop in New Vehicle Sales In China   A few weeks ago, we reported the destructive effect of the coronavirus on the retail automotive sector in China. The full sales figures for the month of February are now available, and they...

New York Auto Show Delayed Until August Over Coronavirus Concerns   The management of the New York Auto Show has delayed the event until August due to the coronavirus spread in the USA. This show was organized by the Greater New York Automobil...

Auto Industry’s Coronavirus Fears Shifting from Supply to Demand   Automakers and suppliers from the whole world have been scrambling to keep production due to the coronavirus closes plants across China. But these days a bigger fear is e...

Beijing Auto Show Postponed Due to Corona Virus   The Chinese government has postponed Beijing Auto show due to the Corona Virus breakout, as the number of cases of people affected by Corona Virus is increasing day by day, more than 70,000 cas...

Nissan to temporarily cut production in Japan due to pandemic of COVID-19   Nissan has announced that it will temporarily cut production at three of its factories in Japan due to lower demand in the automotive market. This is in addition to ef...

PSA's New Car Sales Drop 73% In China   The PSA group's global car sales fell 11% at the end of February 2020, with a fall of 73% in China, in the midst of the coronavirus period. Such a plunge is to be feared in Europe in the coming months fo...

Toyota, VW, Subaru Join Other Automakers Suspending Production   Subaru, Toyota, and Volkswagen on Thursday announced that they are going to suspend their production operation for short period of time due to the break out of coronavirus and it...

Europe’s Auto Industry Shuts Factories, Cuts Output as Virus Hits   Europe’s major vehicle and parts manufacturer factories rushed to close in Italy and companies are considering sending workers home. Corona Virus is spread through...

USD / JPY describes latest risk reset, still below 108.00   The USD / JPY portrays a lack of momentum, despite recovery gains recorded on Monday, as the rounds totaled 107.85 in the middle of Tuesday's Asian session. While some positive news f...

Japanese Yen Trading Lower In the Morning session   In 24 hours, the US dollar declined 3.48% against the Japanese yen and closes at 106.32. In the Asian session, the US/JPY is trading at 106.52; the US dollar is trading 0.19% higher against J...

U.S. lifts China from currency-manipulating countries Evaluates trade agreement Signs tomorrow   On the 13th, the US Treasury released a foreign exchange report that analyzed the monetary policy of major trading partners and regions, and lifte...

Yen is no longer a "safe currency" = Yu Sasaki   The dollar / yen JPY = EBS market stayed within the 7.6% range during 2019 . This is the minimum since 1980, and has been within 10% for the past three years, almost within the range of 105 yen ...