Edition:
United States

Naomi Tajitsu

Feb 24 2017

Tech groups Softbank and Foxconn to deepen ties with joint venture

TOKYO/TAIPEI Japan's Softbank Group and Taiwan's Foxconn will soon begin operating a joint venture that deepens ties between two of Asia's biggest technology companies, they said on Friday.

Feb 23 2017

Ghosn cedes Nissan CEO role to focus on alliance with Renault, Mitsubishi

TOKYO Nissan Motor Co said Carlos Ghosn will step aside as CEO after leading the company for 16 years, allowing him to concentrate on deploying his cost-cutting expertise across its alliance with Renault SA and newly added Mitsubishi Motors Corp . | Video

Feb 23 2017

Ghosn cedes Nissan CEO role to focus on alliance with Renault, Mitsubishi

TOKYO Nissan Motor Co said Carlos Ghosn will step aside as CEO after leading the company for 16 years, allowing him to concentrate on deploying his cost-cutting expertise across its alliance with Renault SA and newly added Mitsubishi Motors Corp. | Video

Feb 15 2017

Toyota sees plug-in hybrids catching on faster than conventional hybrids

TOKYO Toyota Motor Corp's chairman, who led the development of the Toyota Prius, expects the latest plug-in hybrid vehicles (PHVs) will catch on with consumers far more rapidly than the original Prius did.

Feb 10 2017

Japan's love of tiny cars sore spot as Trump, Abe meet

TOKYO/DETROIT When Japanese Prime Minister Shinzo Abe meets on Friday with U.S. President Donald Trump, Japan's bulging automotive trade surplus will be a sore spot, but the path to balancing auto exports and imports will be no easier than it was in the 1980s.

Feb 10 2017

Takata sees third straight full-year loss on air bag costs

TOKYO Takata Corp on Friday said it expects to post a full-year net loss for the third consecutive year as the Japanese air bag maker anticipates costs related to the biggest automotive product recall in history will eat away at its bottom line.

Feb 09 2017

Nissan sees smaller yen losses, braces for possible U.S. trade rule changes

TOKYO Nissan Motor Co forecast on Thursday a smaller-than-expected full-year hit from the yen's strength as it sees the currency stabilising, and said it would be ready to deal with any changes to U.S. trade policy.

Feb 07 2017

Honda, Hitachi Automotive to form EV motor joint venture

TOKYO Honda Motor Co Ltd and Hitachi Ltd's auto parts subsidiary plan to form a joint venture to develop, produce and sell motors for electric vehicles (EV), joining forces to better compete in the highly specialized "green" car segment.

Feb 06 2017

Toyota, Suzuki courtship intensifies as partnership talks begin

TOKYO Toyota Motor Corp and Suzuki Motor Corp said on Monday they plan to trade expertise in parts supplies and R&D, in an agreement that will aid expansion in emerging markets and help them cope with rapid technological sophistication. | Video

Feb 06 2017

Toyota raises profit outlook, says will keep producing at home

TOKYO Toyota Motor Corp reported a drop in quarterly operating profit on Monday but still added 9.7 percent to its full-year earnings forecast as the world's No. 2 automaker expects a bigger reprieve from a weakening yen.

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