Nissan Motor Co Ltd (7201.T)
TOKYO U.S. President-elect Donald Trump has threatened Toyota Motor Corp over its Mexican-built cars, but the biggest risk from a punitive tariff would be for its compatriot Nissan Motor Co , the largest automaker operating in the country.
* Analyst: Nissan would face 10 pct profit hit on 10 pct tariff (Adds Nissan CEO's comments at CES show in Las Vegas)
PARIS Nissan is halting joint development of luxury cars with Daimler's Mercedes-Benz, sources close to the companies told Reuters, suspending a key project in their seven-year partnership and potentially hitting profitability at a new shared factory in Mexico.
TOKYO The Japanese government defended Toyota Motor Corp on Friday as an "important corporate citizen" of the United States, after President-elect Donald Trump singled out the automaker and threatened to slap punitive tariffs on its Mexico-built cars.
BEIJING Global automakers reported a surge in China sales last year as consumers rushed to take advantage of a tax cut on small-engine cars, but cautioned 2017 would be tougher for the industry as the incentive is rolled back and the broader economy slows.
* Analyst: Nissan would face 10 pct profit hit on 10 pct tariff
* Toyota China sales +8.2 pct, predicts 2017 sales almost flat
BEIJING Sales surged for global automakers in China in 2016 as consumers rushed to buy cars to make the most of a tax incentive, with Honda Motor Co Ltd seeing a particularly brisk pace of business ahead of Ford and Toyota Motor Corp .
BEIJING, Jan 6 Sales surged for global automakers in China in 2016 as consumers rushed to buy cars to make the most of a tax incentive, with Honda Motor Co Ltd seeing a particularly brisk pace of business ahead of Ford and Toyota Motor Corp.
SEOUL South Korea has banned the sale of 10 models of Nissan, BMW and Porsche vehicles after the carmakers were found to have fabricated certification documents, in the latest fallout from the Volkswagen emissions scandal.