Recent Stories
Nissan pledges hands-free option in Japan as early as fall

Nissan will introduce truly hands-free highway driving this fall when it debuts its second-generation ProPilot system with several advances over the current technology.
Nissan keeps Saikawa as CEO, putting focus on Renault ties

Nissan will keep Hiroto Saikawa as CEO in a reconstituted board that also gives Renault's top two executives seats, setting the table for possible friction in the automaker's alliance.
Nissan CEO expects profits to hit 'rock bottom'

Nissan CEO Hiroto Saikawa’s dour outlook came as Japan’s No. 2 automaker reported a 45 percent plunge in operating profit in the fiscal year ended March 31. Net income dropped 57 percent.
‘Tough results' tell a tale of 2 Subarus

In the U.S., it's a company on a decade-long winning streak. Globally, the latest fiscal year was marred by recalls, quality woes and shrinking profits.
Mazda aims for upscale appeal with inline-6 engines

Mazda plans to introduce new inline six-cylinder engines, electrified powertrains and a new platform to buff its brand image and broaden its band of pricing power.
Time to simplify trim choices, Honda says

CEO Takahiro Hachigo says it is time for Honda to simplify. The effort is designed to free resources for next-generation technologies as it confronts slipping earnings and an industry in upheaval.
Toyota HQ doubts N.A. can hit profit goal

The automaker is struggling to reignite its U.S. earnings engine, where its operating margin is running far below the 8 percent it's looking for.
Subaru earnings tumble on quality woes, incentives and sliding sales

Subaru's profit fell 49 percent in the latest fiscal year amid falling wholesale volume, higher incentives and surging warranty outlays.
Mitsubishi earnings climb on rising sales, cost controls

Despite solid gains for the recent fiscal year, Mitsubishi forecasted that operating profit will decline 19 percent in the new fiscal year while net income will drop 51 percent. 
Mazda's profits tumble 43% on foreign exchange, lower sales, dealer outlays

In announcing the lower earnings results, CEO Akira Marumoto outlined a new mid-term business plan that targets lifting operating profit margin to a sustainable 5 percent by the fiscal year ending March 31, 2025.
Honda profit slides on foreign exchange, Europe, incentives

Honda reported a 13 percent decline in full-year operating profit on foreign exchange losses, rising incentives and one-time costs to restructure its European business.
Honda to reduce model trim lines, streamline output

Honda is slashing the number of model variations available in North America and other regions and overhauling production in a new push to improve efficiency as growing investments in next-generation technologies pressure the company’s bottom line.
 
Toyota annual profit rises 3% on cost cuts, lower incentives

Toyota's operating profit edged up nearly 3 percent in the latest fiscal year on rising sales, tighter cost control and lower incentives in the crucial U.S. market.
Transmission troubles add to Nissan's woes

Nissan is coping with a cluster of problems, including a proposal from Renault for a holding company headquartered outside of Japan.
China's Nio has the industry watching

Traditional automakers see startup Nio as a model for a new way of doing business in an industry facing an onslaught of technologies from electrification and connectivity.