Toyota Motor said on Tuesday it expects profit to decline by 80% to its lowest in nine years, as Japan’s biggest automaker attempts to recover with the impact of the
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Honda Motor on Tuesday published its lowest operating profit in four years and refrained from providing an earnings outlook for 2020 due to uncertainty about the longer-term impact of the
Toyota Motor prepares to cut production in North America by almost a third through October because of the coronavirus crisis and expects it will take some time for production to
Nissan Motor said on Monday its April sales in China increased 1.1% from a year earlier to 122,846 vehicles, as the country is recovering from the coronavirus. Overall auto sales
Mazda Motor has sought loans amounting to about 300 billion yen ($2.8 billion) from Japan’s three megabanks and other lenders to survive during coronavirus epidemic, a source with direct knowledge of
Honda Motor stated on Friday it will gradually restart production at U.S. and Canadian auto plants from May 11. The Japanese automaker, which postponed production on March 23, is also recalling
Turkish prosecutors have prepared an indictment charging seven individuals, including four pilots, in relation to the escape of former Nissan boss Carlos Ghosn’s via Istanbul to Lebanon after escaping Japan,
South Korean automaker Hyundai Motor said on Wednesday its provisional April sales dropped 57% on year to 159,079 vehicles globally, as Covid-19 coronavirus and efforts to reduce its spread significantly
Nissan Motor will cut back from Europe and elsewhere to concentrate on the United States, China and Japan under a plan that represents a new strategic direction for the Japanese
The time when cars could go fully driverless is coming “very soon,” according to Jianxiong Xiao, the CEO and founder of AutoX, a Shenzhen-based start-up working on autonomous driving technology.
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