Mulally concerned about weaker Japanese Yen
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EU and US Govts are sensitive to the impact of currency manipulations on their local auto industries. The reason for this is that auto purchases are the biggest ticket item next to house purchases that lead to consumer credit expansion. Govts prefer that their domestic economies benefit the most from credit expansion derived from auto purchases. Most Govts around the world subsidise their auto industries for this reason. Not long ago France complained about cheap Korean cars flooding the EU and the USGovt will likely be monitoring the impact of the devalued JPY on its auto industry.
Japanese auto companies may manufacture/assemble in the US, however it's important to note that their US factories source a significant amount of components/parts from Japan.
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As in the 1930's we may yet see these ongoing currency wars between nations break out into full blown trade wars in the years ahead.