Five of Japan's major automakers report record profits

Feb 10, 2015

Five of Japan's major automakers report record profits

Five of the nation’s seven major automakers posted record group operating profits in April-December, thanks chiefly to strong sales in North America and improvements in profitability from overseas operations amid the yen’s weakening. Toyota Motor Corp., Fuji Heavy Industries Ltd., Mazda Motor Corp., Suzuki ...

Nissan overtook Honda in U.S. sales in January

Feb 4, 2015

Nissan overtook Honda in U.S. sales in January

As falling oil prices continue to drive consumers toward sport utility vehicles and trucks, Japanese automakers kicked off 2015 by posting double-digit growth in the U.S. with Nissan overtaking Honda become the fifth-largest automaker in the country, according to data from Autodata Corp. Boosted ...

| 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 ...

Japanese automakers debut sports cars, pickups at Detroit show

Jan 13, 2015

Japanese automakers debut sports cars, pickups at Detroit show

The North American International Auto Show opened in Detroit with Japanese automakers debuting sports cars and pickup trucks, taking advantage of U.S. market trends toward less fuel-efficient vehicles as fuel prices drop. With an enthusiastic auto industry reporting annual sales in 2014 of more ...

Jan 7, 2015

Nissan targets growth in Brazil despite sales slump

Nissan Motor Co. plans to maintain investment and increase its share in the Brazilian auto market despite a 7.15 percent drop in car sales there last year, the firm’s chief executive said. “We are disappointed in where the Brazilian market stands but we shall ...

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 ...

2014 proving to be bumper year for U.S. car sales

Jan 6, 2015

2014 proving to be bumper year for U.S. car sales

Buoyed by a resurgent economy, holiday sales, cheap gasoline and a love affair with pickup trucks, Americans headed to car dealers in droves last month, pushing full-year sales to what’s likely to be the highest level since 2006. Fiat Chrysler, Nissan, Honda and General ...

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 ...