Business May 20, 2022
Japan loves its minicars. Can it embrace EV versions too?
by Kazuaki Nagata
Mitsubishi and Nissan have unveiled their takes on electrified minivehicles, possibly helping to spark a wider shift toward EVs in the nation.
Business May 16, 2022
New Zealand to speed up electric car adoption to cut emissions
The government said it will initially allocate 2.9 billion New Zealand dollars over four years to fund a range of measures, from electric car incentives to phasing out coal boilers.
Business / Corporate May 14, 2022
Japan's major automakers benefit from weak yen in fiscal 2021
Six of Japan's seven major automakers fared well on their consolidated bottom lines in fiscal 2021, benefiting from the yen's weakening, according to earnings reports.
Business May 13, 2022
Weak yen helps Honda’s annual profit but fails to lift outlook
While the weaker yen has long been considered a boon for Japan’s blue-chip exporters, it’s now starting to damage Japanese automakers as material costs inflate for importers.
Business / Corporate May 11, 2022
Toyota posts record full-year net profit but issues cautious forecasts
The auto giant, which kept its crown as the world's top-selling carmaker in 2021, reported a net profit of ¥2.85 trillion, up 26.9% from the previous year.
Business / Corporate May 11, 2022
Nissan investors seek momentum from likely swing back to profit
by River Davis
Analysts, on average, estimate Nissan will report an annual operating profit for the first time in three years.
Business May 2, 2022
China's hard line on COVID eats into everything from Teslas to tacos
In China's once-hot EV market, the recent turmoil is a stark example of a one-two economic punch, first to supply and then to demand.
Business / Corporate Apr 27, 2022
Toyota exceeds annual sales goal with second-highest total
by River Davis
Toyota sold 903,031 vehicles in March, the automaker said Wednesday, bringing the total to 9.51 million units for the business year through March, its second-highest annual figure.
Business / Corporate Apr 25, 2022
Nissan unveils new autonomous driving tech to help avoid accidents
The firm will work to improve the technology further with the aim of installing it to new vehicles from the mid-2020s and to almost all vehicles by 2030.
Business Apr 22, 2022
Renault exploring sale of Nissan stocks to fund EV shift, sources say
by Tara Patel and Reed Stevenson
Nissan itself may be willing to buy some of the 1.83 billion shares in the Japanese automaker that Renault owns.