Mitsubishi Motors' Q1 operating profit tumbles 75% after mileage-cheating scandalWed, 27, Jul 2016
Mitsubishi Motors reported a 75 percent plunge in fiscal first-quarter operating profit as domestic sales slumped after it admitted to overstating the fuel economy of some of its vehicles.
Japan's NSK agrees to $34.5 million settlement in price-fixing caseMon, 25, Jul 2016
Japanese auto supplier NSK said it has agreed to pay $34.5 million in a settlement stemming from a class-action lawsuit over price-fixing allegations.
Brexit hits yen, causes headaches for HondaSat, 16, Jul 2016
At the beginning of the year, Honda's plan to fire up its export engine seemed smart because of a weak yen. But after the U.K.'s vote to leave the EU, maybe not. The Brexit vote sparked a realignment of world currencies. The yen rose and is now causing headaches for Japanese exporters.
Nissan's ProPilot keeps driver as co-pilotMon, 18, Jul 2016
Nissan unveiled a new technology that allows for hands-free highway driving as its next step toward self-driving cars but cautioned that automakers must be proactive in warning about safety following the recent crash of a self-driving Tesla.
Japan's aluminum fabricators beef up U.S. output, betting on rising auto useFri, 15, Jul 2016
Japanese aluminum products makers such as UACJ and Kobe Steel are boosting output capacity in the U.S. in a bid to snare market share as automakers turn to the lighter metal to meet stricter environmental rules.
Honda develops hybrid motor without key rare-earth metalsTue, 12, Jul 2016
Honda has developed a new electric motor for hybrid vehicles that tackles two top challenges in manufacturing the critical drivetrain component: The high cost and uncertain supply of the rare-earth metals used in their powerful magnets.
Brexit hits Toyota, Nissan as rising yen weighs on profit outlookWed, 06, Jul 2016
The yen's extended surge after UK's decision to exit the EU has turned put added pressure on Japan's automakers. Since the June 23 Brexit vote, the mean forecast for net income at Toyota has slid to $16.5 billion, with four analysts cutting their predictions by an average $2.3 billion for the fiscal year.
Nissan's Le Cost Killer stirs fear in Mitsubishi factory townTue, 05, Jul 2016
Investors cheered when Nissan CEO Carlos Ghosn announced that the company would acquire a 34 percent stake in scandal-tainted Mitsubishi Motors as part of an expanded strategic partnership. The reaction has been far less buoyant in Mizushima, an industrial town in southern Japan that's home to Mitsubishi's flagship assembly plant.
Japan moves quickly into mirrorless carsSun, 03, Jul 2016
Japan has approved rules to allow automakers to replace vehicle mirrors with camera displays, giving suppliers there a head start on the emerging technology.
Toyota wins on the court, but not on the nameMon, 04, Jul 2016
Laugh if you want, but the strangely named Toyota Alvark is a force to be reckoned with. On the basketball court, that is. It's not a car.