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Toyota cuts June output plan again as China lockdowns bite

Business / Corporate May 27, 2022

Toyota cuts June output plan again as China lockdowns bite

Japan's largest automaker said it now expected to produce around 50,000 fewer vehicles in June, for a total of around 800,000.

Japan loves its minicars. Can it embrace EV versions too?

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.

New Zealand to speed up electric car adoption to cut emissions

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.

Japan's major automakers benefit from weak yen in fiscal 2021

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.

Weak yen helps Honda’s annual profit but fails to lift outlook

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.

Nissan reports first full-year net profit in three years

Business / Corporate May 12, 2022

Nissan reports first full-year net profit in three years

Nissan Motor Co. said Thursday it logged a net profit of ¥215.53 billion ($1.67 billion) in the last fiscal year, returning to the black after two straight years of massive losses.

Toyota posts record full-year net profit but issues cautious forecasts

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.

Nissan investors seek momentum from likely swing back to profit

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.

China's hard line on COVID eats into everything from Teslas to tacos

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.

Toyota exceeds annual sales goal with second-highest total

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.

Nissan unveils new autonomous driving tech to help avoid accidents

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.

Renault exploring sale of Nissan stocks to fund EV shift, sources say

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.

« 1 2 3 … 106 »
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