Nissan Keeps Up Pressure on Japan
YOKOHAMA—A Nissan Motor Co. senior executive on Monday urged Japan
to take "decisive" action to prevent the strong yen from hollowing
out the country's industrial base, saying he hopes Tokyo can learn
from Switzerland's intervention in the foreign-exchange markets to
weaken its currency.
The remarks are the latest in an increasingly vocal campaign by
Nissan and other Japanese auto makers to push Tokyo into doing more
to combat the yen's strength.
"The situation requires very determined and decisive action by the
government," John Martin, a corporate vice president at Nissan,
said in an interview with The Wall Street Journal.
"We're ...
http://online.wsj.com/article/SB1000142405297020442240457659…