Economy
Fed to start tapering bond purchases this year: Bernanke
The Federal Reserve maintains its $85 billion-a-month asset purchase program, but says it could begin scaling back later this year.
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Automakers are coming under increasing pressure to sell zero-emission vehicles to U.S. consumers who haven’t shown much interest in them, with more states following California’s lead in setting sales targets. Nine U.S. states, including New York and New Jersey, have adopted versions of California’s ...
Nissan Motor Co. and Mitsubishi Motors Corp. started selling a jointly developed minivehicle in Japan on Thursday, aiming to catch up with rivals such as Daihatsu Motor Co. and Suzuki Motor Corp. The new vehicle — sold under the brand name of DAYZ by ...
Nissan Motor Co.’s U.S. sales surged 25 percent in May, triple the industrywide gain, after cutting prices and increasing incentives. Nissan’s results were better than the 22 percent increase that was the average of eight analyst estimates compiled by Bloomberg. Toyota Motor Corp., the ...
Japan’s number two carmaker, Nissan, said Thursday it would recall some 841,000 compacts worldwide due to a steering wheel problem. The recall will cover the Micra, known as the March in some markets, and Cube models produced in Japan and Britain between 2002 and ...
Nissan Motor Co. and Mitsubishi Motors Corp. on Monday started manufacturing a jointly developed minivehicle to be launched on June 6 across Japan. The two automakers together command about 10 percent of the minivehicle market. By cooperating, they think they can increase that to ...
Despite the bilateral dispute over the Senkaku Islands, young Chinese consumers appear more concerned with product quality and safety rather than Beijing’s relations with the countries making the products. When asked about the boycott on Japanese products in China after Japan nationalized the China-claimed ...
Toyota Motor Corp. said it doesn’t expect sales in China to fully recover before autumn this year as antipathy lingers toward Japanese brands. “Our original expectation was for sales to come back in half a year, but now our plan is to push harder ...
Nissan Motor Co., the most successful Japanese automaker in China, expects sales in the world’s largest automobile market to rebound within three months as demand for Japanese-branded vehicles recovers. “We’ve seen growth in retail year on year in March and year to date,” Andy ...
Japanese carmakers are showcasing their sport utility vehicles and luxury cars at the annual New York International Auto Show, which opened Wednesday. Toyota Motor Corp. debuted the 2014 Highlander SUV with a redesigned exterior, bigger interior and three engine choices, including a hybrid option. ...
After protests erupted across China last year over the Senkaku Islands, sales of Japanese-branded cars there plummeted. Nissan Motor Co.’s prescription for winning back Chinese drivers: a quieter ride and better gas mileage. Nissan introduced its new Teana sedan Tuesday in the southern city ...
Suzuki Motor Corp. said Tuesday it wants to secure a 30 percent share of the domestic minicar market in fiscal 2013 in the face of fierce competition from its rivals. Suzuki’s share for minivehicles, with engines of 660cc or less, dropped below 30 percent ...
Among the 780,000 people employed in Japan’s auto industry, only three are women responsible for the rollout of new models. They all work at Nissan Motor Co. Mie Minakuchi is behind the newest Note hatchback, Nissan’s top domestic seller, which has seen sales triple ...