Currency shifts helping foreign auto makers - Brauer
January 30, 2015 at 05:55 pm
Share
Kelley Blue Book Senior Analyst Karl Brauer says currency shifts are helping foreign auto makers.
SHOWS: NEW YORK, USA (JANUARY 30, 2015) (REUTERS - ACCESS ALL)
1. KELLEY BLUE BOOK, SENIOR ANALYST, KARL BRAUER, SAYING:
JOURNALIST ASKING KARL BRAUER: 'How much is Ford facing in terms of currency headwinds? We are talking a lot about the strong dollar and how that is affecting so many companies these days. What is your sense of that?'
BRAUER: 'Yeah, I mean once again it's like déjà vu all over again, we are seeing this situation where a lot of the foreign currencies are dropping which gives the foreign automakers a real advantage. And I think we saw a real streamlining and leaning out of the U.S. auto industry during the recession so that they can deal with those situations more effectively. But at the end of the day you can't deny what these currency shifts do in terms of helping out foreign auto makers.'
Access Co Ltd is a Japan-based company mainly engaged in the provision of information technology (IT) solutions to domestic and foreign manufacturers of mobile phones and information appliances, infrastructure operators such as communication networks, service providers involved in e-book and advertising businesses, and general companies. The Company operates in three business segments. In the Internet of Things (IoT) segment, the Company and its domestic and Taiwanese subsidiaries provide IoT-related solutions and software mainly for the domestic market. In the Web Platform segment, the Company and its subsidiaries in Germany, China, and South Korea, provides Web platform-related solutions such as embedded browsers in the domestic and overseas markets. The Network segment mainly operates through subsidiaries in the United States, Canada, India, and Israel, and provides software for network equipment and integrated network operating system (Network OS) for white boxes.
ACCESS CO., LTD. 
