Honda's full-year forecast misses estimates as firm strives for electric future
The automaker has embarked on an ambitious plan to go all electric by 2040 and make highly autonomous cars a reality.
Toyota net profit soars over fivefold to first-quarter record
The automaker has maintained its full-year net profit forecast at ¥2.3 trillion, warning of "uncertainties in and after the second quarter."
Nissan and AESC to build ¥50 billion car-battery plant in Japan
The plans, to be announced Wednesday, include spending as much as ¥100 billion and boosting output to 18 gigawatt-hours after about five years.
Toyota equips new Land Cruiser with fingerprint authentication to tackle theft
The new Land Cruiser sport utility vehicle has been fully redesigned for the first time in 14 years, to achieve improved car security and a better driving experience in bad road conditions.
Firms have warned that a lack of semiconductors had crimped production.
The rise was buoyed by a recovery in production of autos and semiconductor-making equipment.
Toyota retains crown as world's best-selling automaker in January-June period
The results underscore the carmaker's sharp recovery from the initial fallout from the coronavirus pandemic and relative resilience despite a global chip crunch.
The chip-shortage recovery will be rocky, as Apple can attest
Even with some supplies getting closer to normal, firms still lack the components needed to complete their complex tech devices.
Toyota to halt more production lines in Japan as COVID-19 disrupts supply chain
The automaker will suspend another three assembly lines in Japan for several days in August due to impacts of the spread of infections in Vietnam.
Europe to boost battery production as electric shift accelerates
Far from being autonomous, Europe needs to accelerate domestic battery output as a national security issue as well as a boost for businesses and jobs.
Leading automakers have signaled their intention to scrap internal combustion engines by 2030 or cut back sharply on their production.
Toyota halts its three Thailand plants as COVID-19 spread hits parts supply
The three plants in the suburbs of Bangkok serve as key production bases for the Japanese carmaker in Southeast Asia.
