Economy | ANALYSIS
Households to take hit from tax hike
by Tomoko Otake
The consumption tax increase will hit every household in Japan hard, with many people’s financial future hanging on whether their wages rise enough to offset the hike's impact.
Corporate Jul 16, 2013
Nissan debuts revived Datsun model in India for emerging market segment
In a bid to woo a new generation of cost-conscious buyers in emerging markets, carmaker Nissan resurrected its iconic budget Datsun marque Monday. Nissan, which in 1981 killed off the Datsun badge that was a favorite of legions of Western drivers, has launched a ...
Corporate Jun 26, 2013
Ghosn earned ¥988 million; no one has gripe
Nissan Motor Co. said Tuesday that CEO Carlos Ghosn earned a whopping ¥988 million in the last fiscal year, up ¥1 million, or 0.1 percent, from the previous year. The amount is likely the highest among remunerations received by executives of listed Japanese firms ...
Business Jun 18, 2013
Zero-emission cars hard sell in U.S.
by Angela Greiling Keane
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 ...
Corporate Jun 7, 2013
New Mitsubishi-Nissan minicar goes on sale
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 ...
Corporate Jun 5, 2013
Price cuts help boost Nissan's U.S. sales 25%
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 ...
Corporate May 24, 2013
Nissan to recall 841,000 cars over steering glitch
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 ...
Corporate May 21, 2013
Nissan, Mitsubishi kick off joint minicar production
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 ...
Business Apr 23, 2013
Japanese automakers target China's youth
by Ko Hirano
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 ...
Corporate Apr 22, 2013
Toyota predicts China sales won't fully recover before fall
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 ...
Corporate Apr 5, 2013
Nissan sees rebound in China this quarter
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 ...
Business Mar 29, 2013
New SUVs, luxury cars shown off in New York
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. ...
Corporate Mar 2, 2013
Nissan's new car to test mood in China
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 ...