JapanInfiniti: Raise quality, sales will follow 12:01 am U.S. ET | May 20, 2013  Infiniti President Johan de Nysschen, poached last summer from Audi, aims to push into new segments, restore profitability to Nissan's luxury marque and fix lackluster quality rankings. Nissan CEO Carlos Ghosn has ordered de Nysschen to make the brand a top-tier premium player and boost global sales to 500,000 by 2016 from just 170,000 last year.... Read More »
CARS & CONCEPTS Honda to return to F1 racing 12:01 am U.S. ET | May 20, 2013 Honda will return to Formula One as an engine supplier after exiting the racing series in 2008. The Japanese automaker will provide engines to its former F1 racing partner McLaren starting in 2015.... Read More »
FINAL ASSEMBLY Again, Tokyo show a no-go for Detroit 3 12:01 am U.S. ET | May 20, 2013 The Detroit 3 will sit out the Tokyo Motor Show, no-shows for the third straight time.... Read More »
Kogai takes reins of Mazda's comeback 12:01 am U.S. ET | May 20, 2013  Mazda Motor Corp.'s CEO designate, Masamichi Kogai, had a big hand in creating the more stable, profitable carmaker he inherits. But formidable challenges lie ahead.... Read More »
Toyota plans big hike in lithium ion battery output 12:22 pm U.S. ET | May 19, 2013  Toyota is planning to increase production of lithium ion batteries by six times, as the automaker prepares to eventually use them in its flagship Prius gasoline-electric hybrid cars, the Nikkei business daily reported on Sunday.... Read More »
Falling yen lifts outlook for Japanese 12:01 am U.S. ET | May 13, 2013 For five years, a rising yen undermined Japanese automakers' profits. Now the currency's sudden weakening has delivered dramatic gains, especially in the January-March quarter.... Read More »
Toyota: N.A. to fuel biggest profits in 6 years 12:01 am U.S. ET | May 13, 2013 Toyota Motor Corp. expects North America to be its fastest-growing market this fiscal year, driving the company to its highest profits since the global financial crisis.... Read More »
Mazda problem solver Kogai gets a new job: CEO 12:01 am U.S. ET | May 13, 2013  After Japan's devastating March 2011 earthquake and tsunami, Mazda Motor Corp. CEO Takashi Yamanouchi needed someone to sort out and reinforce the carmaker's shattered supply chain and production system. He chose Masamichi Kogai, a manufacturing and purchasing specialist. Now, Kogai, 58, is getting a new assignment: Run the whole company.... Read More »
Airbag supplier Takata names first foreign presidentMay 10, 2013 19:25 CET  Japan's Takata, reeling from its role in a global airbag recall, said today it will replace its president with Swiss national Stefan Stocker, the first foreigner in the post.... Read More »
Airbag supplier Takata names first foreign president 1:25 pm U.S. ET | May 10, 2013  Japan's Takata, reeling from its role in a global airbag recall, said today it will replace its president with Swiss national Stefan Stocker, the first foreigner in the post.... Read More »
Nissan Q4 profit jumps 46%May 10, 2013 10:54 CET  Nissan today reported a 46.1 percent rise in its quarterly net profit to 110 billion yen ($1.11 billion).... Read More »
Infiniti names veteran powertrain engineer as head product plannerMay 10, 2013 06:01 CET  Infiniti has named powertrain specialist Toshihiro Hirai as global head of product planning as it tries to strengthen the marque's identity.... Read More »
In boon for Japan's automakers, yen tumbles over milestone 10:21 pm U.S. ET | May 9, 2013  Toyota's half-decade of fighting the yen is over, at least for now. The weakening yen breached 100 against the dollar in U.S. trading on Thursday, paving the way for Japanese automakers to emerge from an unprecedented stretch where the currency's appreciation roiled their ability to sell cars overseas at a profit.... Read More »
Infiniti names veteran powertrain engineer as head product planner 2:27 pm U.S. ET | May 9, 2013  Infiniti has named powertrain specialist Toshihiro Hirai as global head of product planning as it tries to strengthen the marque's identity.... Read More »
Volkswagen recalls 91,000 cars in Japan on transmission problemsMay 9, 2013 12:02 CET  Volkswagen said today that it is recalling around 91,000 cars in Japan, citing potential transmission problems that have already led to the recall of 384,181 vehicles in China.... Read More »
Mazda names production chief Kogai next CEOMay 9, 2013 06:01 CET  Mazda has appointed Masamichi Kogai its next CEO. The production and purchasing specialist replaces Takashi Yamanouchi, who led the carmaker to its first annual profit in five years. The promotion takes effect pending approval at the Japanese company's June 25 annual shareholders' meeting, Mazda said in a statement.... Read More »
Mazda names production chief Kogai next CEO 10:57 pm U.S. ET | May 8, 2013  Mazda has appointed Masamichi Kogai its next CEO. The production and purchasing specialist replaces Takashi Yamanouchi, who led the carmaker to its first annual profit in five years. The promotion takes effect pending approval at the Japanese company's June 25 annual shareholders' meeting, Mazda said in a May 9 statement.... Read More »
Toyota to post around $13 billion annual operating profit, report says 9:45 am U.S. ET | May 6, 2013  Toyota is expected to post operating profit of more than $13 billion for the year ended March, significantly more than what has been forecasted, the Nikkei business daily reported today.... Read More »
AKIO TAKES THE WHEEL Toyota's car-buff president makes Lexus his pet project 12:01 am U.S. ET | May 6, 2013  By Akio Toyoda's own admission, his beloved Lexus luxury brand has a big problem. Unlike its German rivals, Lexus has no heritage, no narrative. Now the Toyota Motor Corp. president is investing himself personally in the brand by taking direct control of all things Lexus.... Read More »
Dreary HQ city is a handicap in global glitz plan 12:01 am U.S. ET | May 6, 2013 Lexus Group was rechristened Lexus International in June 2012 in an effort to lend an air of worldwide reach and urbane globalism. Despite efforts to internationalize the brand, there is still one big hurdle: The limited allure of the company's bland industrial hometown of Toyota City.... Read More »
U.S. output of the Prius is on hold 12:01 am U.S. ET | May 6, 2013  Once considered a sure bet for U.S. production, the Toyota Prius is now on indefinite hold for assembly here, said Jim Lentz, CEO of Toyota's North American region.... Read More »
Toyota's 10 million plan: Common parts, r&dMay 3, 2013 06:01 CET  Toyota President Akio Toyoda is banking on an overhauled r&d strategy to kick the company his grandfather founded into growth mode after four years of crises. The strategy will help boost Toyota's global sales beyond 10 million units a year.... Read More »
The 10 million plan: Common parts, r&d 12:01 am U.S. ET | April 29, 2013  Toyota Motor Corp. President Akio Toyoda is banking on an overhauled r&d strategy to kick the company his grandfather founded into growth mode after four years of crises. The strategy will help boost Toyota's global sales beyond 10 million units a year.... Read More »
Mitsubishi to revamp Japan plant; capacity cuts expected 3:40 pm U.S. ET | April 23, 2013  Mitsubishi Motors plans to unveil a restructuring plan for its flagship Mizushima assembly plant in Japan on Thursday, a spokesman said today. The restructuring may entail cutting capacity at the plant in western Japan as much as 40 percent by eliminating two of its four assembly lines, local media reports said.... Read More »
Reuss: GM faces 'real threat' from yen's decline 12:01 am U.S. ET | April 22, 2013  General Motors isn't facing pricing pressure from Japanese rivals yet, but the Japanese yen's falling value poses a "real threat" that could undercut GM's campaign to boost market share, a top executive said last week.... Read More »
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 Toyota's Lentz: 'It's really a three-horse race'Toyota's Jim Lentz believes the Camry will extend is 11-year reign as the best-selling car in the United... Mon., May 20» Watch the Video |
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