Toyota Motor Corporation (ADR) (TM), Honda Motor Co Ltd (ADR) (HMC): “QE-Japan” Is Coming as Shinzo Abe Unleashes Easy Money

Fellow Japanese carmaker Honda Motor Co Ltd (ADR) (NYSE:HMC) has taken hits this week, as shares fell 0.5%, and it’s facing recalls. The company is recalling 76,000 of its Acura TSX cars made between 2004 and 2008, telling the National Highway Transportation Safety Administration of a stalling problem in the vehicles. It’s only a regional recall – a tactic that can save automakers money – that affects vehicles in certain Northeastern and Midwestern states, so it’s doubtful it will hurt investors too badly. Still, Honda Motor Co Ltd (ADR) (NYSE:HMC)’s faced a number of safety issues that have sparked recalls recently, and this latest problem won’t inspire confidence.

Outside of the auto sphere, electronics maker Panasonic Corporation (ADR) (NYSE:PC) is preparing for a major shake-up. Shares of the company have fallen 1.3% this week after it announced it was considering selling off its health-care business, and exiting the plasma TV market. While Panasonic’s looking for growth out of its core TV business, it’s in desperate need of some sort of big move as it struggles with falling sales and job cuts. Selling assets and refocusing on its core businesses is a step in the right direction.

The article “QE-Japan” Is Coming as Shinzo Abe Unleashes Easy Money originally appeared on Fool.com and is written by Dan Carroll.

Fool contributor Dan Carroll has no position in any stocks mentioned. The Motley Fool recommends General Motors.

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