Jul 29, 2015

Nissan group net profit hits record ¥152.8 billion in April-June

Nissan Motor Corp. reported Wednesday a record group net profit of ¥152.8 billion for the April-June quarter, up 36.3 percent from a year earlier, reflecting strong sales in North America and Europe and the weak yen. Nissan’s consolidated operating profit rose 58 percent to ...

China tells its road-rage motorists to cool it

May 18, 2015

China tells its road-rage motorists to cool it

The horrific incident shocked the nation when it went viral in China earlier this month: a woman dragged from her car, thrown to the ground and kicked repeatedly in the face and head in a case of road rage in Sichuan. And it was ...

Mar 3, 2015

Apple car rumors fuel Geneva debate about car of future

The main talking point at this week’s Geneva car show is likely to be a vehicle that may never be built: the Apple car. The world’s automakers will gather in the Swiss city to tout their latest minivans, city cars and sport utility vehicles ...

Feb 27, 2015

Automakers select aerospace company for Takata air bag probe

A group of 10 automakers affected by faulty air bags made by embattled Japanese parts supplier Takata Corp. said Thursday it has selected the aerospace company Orbital ATK Inc. to lead an independent investigation into the defect. The automakers also announced that David Kelly, ...

| Jan 29, 2015

Carmakers face rosy quarter as commodity prices slump

Toyota Motor Corp. and Nissan Motor Co. are benefiting from a decline in the price of commodities like steel and rubber, which will make it cheaper to produce cars and give an extra boost to profits. Seven analysts who cover the industry said in ...

Toyota crowned world's biggest automaker for third year

Jan 21, 2015

Toyota crowned world's biggest automaker for third year

Toyota Motor Corp. warded off Volkswagen AG to remain the world’s top-selling automaker for a third consecutive year, driven by record U.S. deliveries of its SUVs, according to the 2014 tally announced by the company Wednesday. Worldwide sales for Toyota, including its Hino Motors ...

Subaru puts China production plans on hold as car demand wanes

Jan 19, 2015

Subaru puts China production plans on hold as car demand wanes

Fuji Heavy Industries Ltd., the only Japanese automaker without Chinese government approval to start a joint venture, has put efforts on hold to build cars in the country, where demand growth is slowing. Sales in China would not be enough to guarantee profitability, Akira ...

Jan 16, 2015

Legislation eyed to enable probe of auto parts makers

The government is eyeing a law revision giving the transport ministry powerful authority over auto parts makers in the wake of the issue of defective air bags made by Japanese supplier Takata Corp., sources said Thursday. If realized, the Ministry of Land, Infrastructure, Transport ...