TOKYO -- Japanese automakers are moving to bring models they build abroad to their home market amid the weakening of the yen, a sign that these companies are steadily establishing global production systems immune to exchange rate fluctuations.
In the wake of the global financial crisis, when the yen was much stronger, Japanese automakers scrambled to transfer production overseas. The currency has since declined and is now even weaker than the 100-101 yen to the dollar that the eight passenger car manufacturers have assumed for the current fiscal year through March 31, but they are not looking to expand exports from Japan or move production back here.
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