Automotive Industry
Industry: Email Alert RSS FeedDay of reckoning near for US imports.(possible effects of weak U.S. dollar on automobile industry trade)(Brief Article)(Industry Overview)(Column)
Automotive News Europe, June, 2003 by Crain, Keith
 | Content provided in partnership with |  |
Byline: Keith Crain
AS THE US dollar continues to weaken against almost every currency worldwide, particularly the euro, manufacturers will have to make important decisions fairly soon.
A lot of companies are routinely involved with international trade by future commitments in the currencies that they need to make their purchases. So BMW of North America, for example, might be buying euro futures to ensure that it has a stable supply of euro currency to buy BMWs from the German manufacturer.
- Most Popular Articles in Autos
- Service Slants
- 2007 utility vehicle buyer's guide: Side-By-Sides are popular; here's who ...
- Transmission considerations: beyond the manual gearbox
- Buell Motorcycle engineering, innovation, & dedication: in an industry ...
- 100 + 10: America's oldest automotive magazine celebrates its 110th year ...
- More »
As the dollar falls in value, the company will be able to use those futures for a ...
Read the rest of this article with a Free Trial at HighBeam Research.Find Research Guides for:
Find Featured Titles for: Autos
Most Popular Articles in Autos
- Service Slants
- 2007 utility vehicle buyer's guide: Side-By-Sides are popular; here's who ...
- Transmission considerations: beyond the manual gearbox
- Buell Motorcycle engineering, innovation, & dedication: in an industry ...
- 100 + 10: America's oldest automotive magazine celebrates its 110th year ...
- More »