cars

Business / Corporate Nov 8, 2018

Nissan first-half profit slumps on rising costs

Nissan Motor Co. on Thursday logged a 10.9 percent drop in net profit for the six months to September owing to a decline in global sales and rising materials costs. The results come as Nissan struggles to recover trust after an inspection scandal last year, ...

Business | INSIDER REPORT Nov 5, 2018

'Sōgō shōsha': Navigating the changing currents of Japan's industries

by Patrick Ryan

The Tokyo Olympics in 1964 marked the emergence of Japan as a consumer economy with the population growing, incomes rising and the economy expanding. In fact, the Japanese economy averaged nearly 10 percent annual growth between 1957 and 1972. Sales of TVs, refrigerators, automobiles, ...

Business / Corporate Nov 1, 2018

Subaru files recall for over 410,000 cars due to faulty engine part

Subaru Corp. on Thursday filed a recall with the transport ministry for over 410,000 cars due to a faulty engine part that could cause the vehicles to stall. The affected vehicles included 101,153 cars of four models including the Impreza, produced domestically between January 2012 ...

Business / Economy Oct 15, 2018

Higher U.S. tariffs on Japanese cars less likely; trade war poses risk to Japan: poll

Higher U.S. tariffs on Japanese car exports are less likely now that the two nations have agreed to start new trade talks, economists said, but most think U.S. trade friction with China and other economies will have a significant impact on Japan. The U.S. threatened ...

Business / Corporate Oct 12, 2018

Honda's India unit considers $1.2 billion investment to fund expansion, produce affordable hybrids

The Indian unit of Japanese automaker Honda Motor Co. is considering investing over $1.2 billion as part of plans to launch new models, including electric vehicles, and fund its expansion in the South Asian country. Honda Cars India Ltd., which has already announced its plans ...

Business Oct 12, 2018

Honda's N-Box and other minicars prove to be a hit with Japan's elderly drivers

by Naomi Tajitsu

When Honda Motor Co. launched the latest version of its N-Box a year ago, it promoted features on the pint-sized minicar such as error-detecting pedals, automatic emergency braking and moveable seats, part of a push to market the vehicle to young families. But a drastically ...

Business / Corporate Oct 3, 2018

Mitsubishi Motors plans ¥4 billion boost to Indonesia output capacity

Mitsubishi Motors Corp. said Wednesday it will spend ¥4 billion ($35 million) to ramp up production capacity at a plant in Indonesia to meet solid demand for its recently launched multipurpose vehicle. The carmaker will boost production capacity at a plant in Bekasi — on ...

Business / Corporate Sep 27, 2018

Plowing millions into Uber, Toyota prepares for a future with fewer privately owned cars

by Kevin Buckland, Nao Sano and Kae Inoue

Toyota Motor Corp., Asia's biggest carmaker, is preparing for a potential future where people don't buy cars. That's behind the hefty investments the company has made in ride-hailing providers, most prominently the $1 billion it poured into Southeast Asian leader Grab. Toyota sees the partnership ...