Japan Auto Stocks Crash: Toyota, Honda, Nissan Lose Up To 6% As $173 Billion Selloff Hits Nikkei

By NDTV Profit

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Japan's biggest carmakers have suddenly come under pressure. More than $173 billion has been wiped off Japanese stocks after the Nikkei fell 2.3%, while auto giants like Toyota and Honda dropped 4%, and Nissan and Suzuki lost between 3% and 6%. The trigger? A rare Japan-US currency intervention that strengthened the Japanese yen. Here's why a stronger currency is bad news for Japan's export-driven auto industry. #Japan #Toyota #Honda #Nissan #Suzuki #JapaneseYen #Nikkei #AutoStocks #StockMarket #BusinessNews #GlobalMarkets #Exports #Currency #Investing #NDTVProfit For more videos subscribe to our channel: https://www.youtube.com/@NDTVProfitIndia Visit NDTV Profit for more news: https://www.ndtvprofit.com/ Don't enter the stock market unaware. Read all Research Reports here: https://www.ndtvprofit.com/research-reports Follow NDTV Profit here Twitter: https://twitter.com/NDTVProfitIndia , https://twitter.com/NDTVProfit LinkedIn: https://www.linkedin.com/company/ndtvprofit Instagram:

Tags: Japan auto stocks, Toyota stock, Honda stock, Nissan stock, Suzuki stock, Japanese yen, Yen intervention, Japan US currency intervention, Nikkei, Nikkei today, Japanese exporters, Auto stocks, Toyota news, Honda news, Nissan news, Suzuki news, Currency markets, Japan economy, Export stocks, Stock market news