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Old 01-10-2003, 08:20 PM   #1
jr34596
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Member#: 14529
Join Date: Jan 2002
Default Exchange Rates

Happened to be watching msnbc, they were discussing the where-abouts of the US dollar in comparison to other currencies of the world, projected future is that the dollar is going to lose on the japanese yen. Expected is 4%. Resulting in an increase of price on japanese automobiles. 1% is also possible but 4% seems it was going to be the worst . Thought it would be interesting to note if the price of the sti went up $1200 due to this.
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Old 01-11-2003, 01:50 PM   #2
yonrin kudo
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Location: Boston-ish, MA
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2002 WRX
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I wouldn't worry about the exchange rate affecting the pricing for the MY04. I presume FHI/Subaru continously protects itself from currency exchange risk by utilizing exchange forward options as most global corporations do. I would think that Subaru has established a very good idea of their intended pricing months ago for the upcoming STi (and other lines). The final pricing mainly depends on the competition's offering. I'm sure pricing is a tricky issue as they need to keep the loyal Subie fans happy (DCCD and 300hp helps!) but not go directly head-to-head with EVO. Will Mitsu release a WRX-rival?

Cheers-
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