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Subaru adding first EV production line to catch up with rivals
May 12, 2022 04:51:45 AMSubaru's outlay shows the all-wheel drive specialist is finally turning its focus to full-electric vehicles after introducing its first serious contender, the Solterra crossover, only this year.
Japan automakers boost R&D spending, even as profits slow
May 23, 2022 12:00:01 AMJapan's automakers are stoking R&D investment to meet mounting demand for a staggering array of technologies. Toyota by far outpaces the pack.
Mitsubishi swings back to profitability in latest quarter on redesigned Outlander
January 31, 2022 04:51:34 AMMitsubishi's third-quarter results got a boost from higher volume and beneficial foreign exchange rates, prompting the company to lift its full fiscal year targets.
Nissan is ready to start growing again after first profit in two years
May 16, 2022 12:00:01 AMNissan COO Ashwani Gupta says the carmaker is ready to turbocharge its turnaround, possibly build a new U.S. plant and adopt a build-to-order mindset for more efficient retail sales.
Toyota struggles with chip shortage while Nissan advances
February 14, 2022 12:00:01 AMJapanese carmaker financials show how the COVID pandemic and the chip shortage continue to challenge them — despite positive fundamentals.
Honda posts higher-than-expected annual profit but warns of headwinds
May 13, 2022 01:16:38 PMAutomakers such as Honda have been forced to slash production due a shortage of microchips and now face an increase in costs amid China's COVID-19 curbs and the war in Ukraine.
Japan's automakers see positive signs ahead
May 16, 2022 12:00:01 AMJapan's automakers absorbed the challenges of the fiscal year just ended. Despite worries over rising costs, they see a brighter year ahead.
Toyota profit plunges amid supply chain chaos, rising costs
August 04, 2022 02:47:57 AMDespite a 42 percent drop in quarterly profit, the automaker lifted its full-year guidance for net income and revenue.
Toyota upbeat on U.S. despite slide
August 07, 2022 07:00:01 AMToyota's positive assessment comes after the U.S. economy shrank for a second-straight quarter and as U.S. companies initiate such belt-tightening measures as precautionary job cuts.
Automakers in Japan get financial lift from exchange rate
November 08, 2021 12:00:01 AMA weakening yen has emerged as a windfall for the country's automakers, helping buoy results just when they need it most amid pinched production and derailed deliveries.