Japanese automakers face challenges in key markets

Japanese automakers are grappling with declining sales in crucial markets like China and Thailand. The April-June quarter saw double-digit sales drops in both regions, prompting a strategic reassessment by these industry giants.

The shift towards electric vehicles is a primary factor driving this change. Investors are closely monitoring the performance of these prominent companies as the recent strengthening of the yen could erode their exchange-rate gains and impact profits.

Attribution: The Nikkei Asia