Jan 9, 2015

GM CEO sees U.S. auto market flattening out but room for growth

General Motors Co. Chief Executive Officer Mary Barra said she expected the U.S. auto market to flatten out this year, although growth is possible because of the strong economy and falling gasoline prices. Barra said on Thursday that the No. 1 U.S. automaker expected ...

Automakers end 2014 with strong U.S. car sales

Jan 6, 2015

Automakers end 2014 with strong U.S. car sales

Lifted by an improving economy and falling fuel prices, Japanese automakers ended 2014 on a strong note with Toyota Motor Corp. hitting a double-digit increase in December sales and Honda Motor Co. and Nissan Motor Co. each breaking annual sales records, data released Monday ...

Behind the wheel: Honda thinks outside the box

Jan 3, 2015

Behind the wheel: Honda thinks outside the box

by Ayako Mie

When it comes to business, no one wants to settle for second best. Companies, almost by definition, are always trying to ensure that they are in front of their rivals in terms of market share, sales and brand recognition. Despite often leading the pack ...

Dec 25, 2014

Toyota's China dealers demand lower sales targets to ease losses

A group representing Toyota Motor Corp. dealers in one of China’s richest provinces is demanding that the automaker increase financial support and cut its sales targets to help reduce distributor losses. More than 80 percent of the dealers in Jiangsu province for Toyota’s joint ...

Dec 24, 2014

Major carmakers cut domestic production in November

The nation’s top three carmakers on Wednesday reported weaker domestic production for November as the lingering impact of the consumption tax hike in April dented sales and their strategy to build more vehicles overseas led to reduced exports. Toyota Motor Corp., the world’s largest ...

Sales tax hike stymies domestic car sales: JAMA

Dec 22, 2014

Sales tax hike stymies domestic car sales: JAMA

by Kazuaki Nagata

Major Japanese carmakers may have benefited from the yen’s sharp decline this year, but they were also hurt by the consumption tax hike and prospects for the domestic market appear dim, Fumihiko Ike, chief of the Japan Automobile Manufacturers Association, said Monday. “2014 has ...

Dec 21, 2014

Firms agree to cooperate on next-generation assisted driving systems

Japanese automakers, electronics firms and others have reached a basic agreement to unify standards for next-generation assisted driving systems, informed sources told Jiji Press on Sunday. The standards will seek to use the 760 megahertz band, a frequency spectrum left unused since television broadcasting ...