Honda 50

Toyota-Uber places automakers in rival ride-sharing alliances

Toyota's investment in Uber Technologies has drawn the battle lines between the world's largest automakers, which have now solidified partnerships with competing ride-hailing apps in the burgeoning field of on-demand transportation.

Mitsubishi names new r&d chief, restates earnings

Mitsubishi said Nissan executive Mitsuhiko Yamashita will become its r&d chief, part of a management overhaul in the wake of a fuel-economy scandal that also prompted the automaker to restate its annual earnings. Mitsubishi CEO Osamu Masuko will also be president, taking over the role from Tetsuro Aikawa, who will leave the company.

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