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Latest Articles in japanese automaker

Toyota To Launch Hydrogen Fuel Cell Venture With Chinese Auto Firms

The total investment amount will be about 5.02 billion yen ($46 million), Toyota said in a statement, adding it will hold a 65% share of the venture.

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Japan's Factory, Retail Sectors Slump As Pandemic Hits Auto Sector

Retail sales plunged 13.7% in April from a year earlier, heavily weighed by slumping demand for general merchandise, clothing and vehicles.

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Nissan Settles Dispute With Tamil Nadu Over Unpaid Dues

The Japanese automaker is expected to receive between 14 billion rupees ($185 million) and 18 billion rupees ($238 million)

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Nissan Logs $6.2 Billion Annual Net Loss, Unveils 4-Year Transformation Plan

Nissan's sales dropped 10.6 per cent to 4.93 million units and market share maintained 5.8 per cent as per the previous forecast.

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Honda profits shrink to four-year low, coronavirus clouds outlook

Honda posted an operating loss of 5.2 billion yen, its first quarterly loss in four years, pressured by a 28% drop in vehicle sales.

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Nissan's China Sales Drop 44.9% In March Due To Virus

Rival Toyota's China sales dropped 15.9% year-on-year in March while Honda's fell 50.8%.

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Japan Car Lobby Chief Says Coronavirus Having Big Impact On Sales, Output

"At this point, we can't foresee what's ahead for automakers," added Toyoda, the chairman of the Japan Automobile Manufacturers Association.

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Toyota Plans New $1.2 Billion EV Plant In Tianjin With FAW

Auto market dropping 8.2%, Toyota sold 1.62 million Toyota and premium Lexus cars in China, the world's biggest auto market, a 9% sales jump compared with a year earlier.

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Autonomous Driving Startup Pony.Ai Raises $462 Million In Toyota-Led Funding

Toyota invested around $400 million in the round, Pony.ai said in a statement, marking its biggest investment in an autonomous driving company with a Chinese background.

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Honda To Close Wuhan Plants Until February 13, No Restart Date Set

The Japan-based representative said that Honda will follow local government policy and has not decided when the plants would resume.

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Suzuki Posts Steeper-Than-Expected Quarterly Profit Slide On Sluggish Car Sales

Suzuki posted an 82 billion yen ($726 million) operating profit in the July-September period, down from 87.81 billion yen a year ago

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Toyota Recalls 2.86 Million Cars Globally Over Emissions Control Unit

The recall covers vehicles produced between April 2006 and August 2015, and includes the Japanese automaker's gasoline hybrid Prius model, the Auris compact hatchback and Corolla compact models

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