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The U.S. Equity Toyota, Honda and Nissan soar

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The U.S. Equity Toyota, Honda and Nissan have soared on Thursday as investors were expecting a weaker yen is a permit to these automakers to sell their vehicles a better price on the crucial U.S. market.

The Bank of Japan plans to increase the amount of currency in circulation, which will measure consequence of lowering the value of the yen against the U.S. dollar. This will further push the production costs of Japanese exports to the United States.

Shares of Toyota, Honda and Nissan have all increased by more than four percent, while some analysts have predicted a decrease in prices of Japanese vehicles. The specialists, however, added that the impact of the loss of value of the yen would be limited because these manufacturers have already moved much of their production in North America.

The yen fell 3.5 per cent in U.S. dollar on Thursday. The shares of Ford and General Motors have slightly decreased.

The CEO of General Motors, Dan Akerson has said CNBC Thursday he feared that poses actions by the Bank of Japan to give Japanese automakers an advantage in matters of prices facing GM in the United States, second most important market in the world for automotive behind China.

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