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Toyota ekes out quarterly profit despite sales plunge

The automaker’s relatively robust results come as Japanese rivals Nissan, Honda, Subaru, Mazda and Mitsubishi slumped to operating losses in the April-June period. 

 
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Honda plunges into red amid pandemic pain

Honda reported a quarterly operating loss as the pandemic spread to its key U.S. market, but the Japanese automaker still predicts a full-year profit. Honda's North American business booked an operating loss of 77.8 billion yen ($724.5 million) in the period.
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Subaru slumps to quarterly loss on pandemic hit

Subaru booked an operating loss of 15.7 billion yen ($146.2 million) during the recent quarter, reversing an operating profit of 92.2 billion yen ($858.6 million) the previous year.
Toyota expands from hardware to software

The automaker wants to be as good at designing computer systems as it is at building the cars that depend on them.
Mitsubishi: Cut in N.A., freeze in Europe

The Japanese automaker is freezing new products for Europe and targeting marketing cost cuts in North America as it races to stanch red ink.
Nissan keeps its eyes on the U.S. prize, but record loss looms

The automaker has declared a five-point plan to revive its flagging fortunes in the U.S., even as it braces for its worst operating loss ever.
Toyota says the fuel cell system on the second-generation Mirai was reworked from top to bottom.
Fuel cells a long way from everyday EVs

Some true-believer automakers are racing to improve the catalyst technologies and production methods to speed hydrogen fuel cells to an eventual rollout.
The Lexus LF-30 Electrified concept envisions using a solid-state battery.
Hope, challenges for solid-state batteries

Automakers and suppliers are racing to develop the batteries as a breakthrough technology for powering next-generation electric vehicles. But the technology is still in its infancy, and widespread commercialization is still years away.
Akio Toyoda cited citing a stronger yen, an impending hike in sales tax and other uncertainties as some of the challenges facing the Japanese auto industry. 
Akio Toyoda on software, the pandemic and successions

Toyota's leader insists old business strategies no longer guarantee success in an industry rocked by technological upheaval.
Toyota launches new software company in bid to build better cars

Toyota said one goal is to create a more agile “software-first” development process for cars. Toyota’s push to strengthen its software firepower comes as rivals make similar moves.
Solid-state batteries on track at Toyota

As Toyota delivers on its promise of solid-state batteries, its top battery guru outlines the potential — and challenges — ahead.
Nissan pits electric Ariya's ‘sports-car-level power' against Tesla

Nissan's new Ariya all-electric crossover comes in all-wheel drive and high-powered versions that promise sports car-level performance and a driving range up to 379 miles.
Jeep's U.S.-style financing a hit in Japan

Jeep imports American financing and purchase plans to Japan in a bid to not only weather the pandemic downturn, but also pick up share in this finicky market.
Nissan vows to hop back on EV podium with Ariya

The all-new electric crossover comes in all-wheel-drive and high-powered versions that promise peppy performance and a driving range up to 379 miles in Japan, eclipsing the Leaf in almost every way.
Toyota moves Lexus LS to a higher level of automation

The Japanese automaker is readying its most advanced automated driving system yet for the refreshed Lexus LS later this year, as it chases rivals with automated passing function for highway driving.