I have been posting my sources, please click the links in my posts.
I don't see how any credentials or experience matter. I have provided sources of the quotes I used, and even a google search filled with information supporting what I have been saying. To call this an argument would imply there is some merit to what dsgerbc is saying. Exchange rates aren't some big secret and no one besides dsgerbc is trying to hold the wool over your eyes. All I have to do is turn on my local news to hear about the problems associating with the strengthening of the yen in the world market, the toll it's taken on Japan's export economy, etc. This isn't complicated.
The 86 is produced in Japan.
It will be sold in America.
The strengthening of the yen vs the american dollar means that the cost to produce the car rises relative to the american dollar.
I cannot comprehend what you don't understand about that. Toyota is trying to price the car to be competitive in the American market, yes. That means that at best the strengthening of the yen is cutting into the profit margin of the car, or at worst they are taking a loss on every car sold. It isn't a stretch to say Toyota would sooner raise the price of the car than sell it at a loss. There is no magic here.
Quote:
Originally Posted by dsgerbc
That's meaningless. You're not comparing producer cost, but retail prices. Those things depend on a lot of taxes, corporate and otherwise, target country demographics/demand strength and many other factors.
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Well, I agree it's meaningless when you quote a single sentence and take it out of context.