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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.
Gentex swings to $86.5 million profit in Q2, signaling strong quarter for suppliers
July 23, 2021 02:26:44 PMStrong profits generated by Gentex and Nemak signaled that North American auto suppliers will likely report robust financial results for the second quarter.
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.
Nissan posts surprise quarterly profit, raises full-year forecast
July 28, 2021 05:07:32 AMNissan's global sales have been boosted by recovering demand for cars in recent months and its newly released models are tracking well.
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.
Subaru's quarterly profit hit by chip crisis as production, sales fall
February 07, 2022 04:56:35 AMSubaru's output fell 20 percent to 207,000 in the quarter, while deliveries plummeted 35 percent to 173,000 in the same period.
Motor maker in Japan has big plans to profit off EVs
August 02, 2021 12:00:01 AMJapanese motor-maker Nidec grew big by making electric motors for appliances. Now it is plotting huge growth in automotive.
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.
Whopping rebound of profits in Japan
August 09, 2021 12:00:01 AMToyota notched all-time high quarterly operating profit in the April-June period, with record fiscal first-quarter results for net income, revenue and global retail sales.