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The current strength of the yen makes it unprofitable for Toyota  to export the Yaris or Corolla from Japan and the company is examining whether it could produce the Yaris profitably in the US where the car sells for about US$12,600, Atsushi Niimi, executive vice president for global manufacturing, told reporters in the US.

The yen is close to a 15-year high against the US dollar and has advanced 14% against the euro so far this year. The yen is up at least 3% against the world's 16 major currencies.





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Uncontrolled Yen Now Makes Smaller Toyota Models Too Expensive To Import

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