Editorial Results (free)
1.
Hit by scandal, Japan's top automaker Toyota reports lower profits -
Friday, November 1, 2024
TOKYO (AP) — Toyota's July-September profit sank to less than half of what it was in the same period the previous year, as a production stoppage that followed a certification scandal and recalls dented vehicle sales, the Japanese automaker said Wednesday.
2.
Japanese automaker Honda reports lower profits as China sales decline -
Friday, November 1, 2024
TOKYO (AP) — Honda's profits slipped nearly 20% in the first half of the fiscal year from the same period the previous year, as sales suffered in China, the Japanese automaker said Wednesday.
Honda Motor Co.'s April-September profits totaled 494.68 billion yen ($3.2 billion), declining from 616 billion yen for the same period the previous year, on 10.8 trillion yen ($70.5 billion) in sales, up from 9.6 trillion yen.
3.
All-electric SUVs: Honda Prologue versus Toyota bZ4X -
Friday, October 4, 2024
While Honda has a long reputation for building fuel-efficient cars and trucks, it’s only now getting serious about EVs with its new 2024 Prologue. The Prologue is an all-electric SUV that seats five and is about the same length as a Honda Passport.
4.
Wall Street sets more records to close a winning September and third quarter -
Friday, September 27, 2024
NEW YORK (AP) — Wall Street closed its latest winning month and quarter with more records on Monday. The drift higher for U.S. stocks followed a wild start to the week for financial markets in Asia, where Japanese stocks tumbled and Chinese indexes soared.
5.
Pros, cons of buying a hybrid or plug-in hybrid -
Friday, August 23, 2024
If you’re ready to move on from a purely gasoline-fueled vehicle but you’re not ready to go fully electric, you have two choices: a hybrid or a plug-in hybrid vehicle. But which one is best? The experts at Edmunds will help you decide.
6.
Japan's Toyota promises to do better with vehicle testing after major scandal -
Friday, August 9, 2024
TOKYO (AP) — Toyota promised Friday to strengthen oversight of its vehicle certification so the scandal that surfaced recently over improper tests will never recur.
Japan's top automaker outlined in detail the measures it will take, including greater managerial involvement, assigning more staff to certification tasks and clarifying responsibilities of specific posts, such as the chief engineer.
7.
Japan's Nikkei 225 stock index plunges 12.4% as investors dump a wide range of shares -
Friday, August 2, 2024
TOKYO (AP) — Japan's Nikkei 225 stock index plunged more than 12% on Monday as investors worried that the U.S. economy may be in worse shape than had been expected and dumped a wide range of shares.
8.
Toyota reports record quarterly profit, boosted by a weak yen and despite a certification scandal -
Friday, August 2, 2024
TOKYO (AP) — Toyota reported Thursday that its April-June profit rose 1.7%, boosted by a favorable exchange rate, as vehicle sales grew around the world despite a certification scandal that halted production in Japan for several months.
9.
Japan rivals Nissan, Honda will share EV components and AI research as they play catch up -
Friday, August 2, 2024
TOKYO (AP) — Japanese automakers Nissan and Honda say they plan to share components for electric vehicles like batteries and jointly research software for autonomous driving.
A third Japanese manufacturer, Mitsubishi Motors Corp., has joined the Nissan-Honda partnership, sharing the view that speed and size are crucial in responding to dramatic changes in the auto industry centered around electrification.
10.
Nissan aims for sustainability, worker inclusivity -
Friday, July 26, 2024
YOKOHAMA, Japan (AP) — Nissan has outlined a "sustainability plan" to become a greener and more inclusive company, promising to recycle batteries, empower its workers and create safer cars.
Nissan Motor Co. won't be trying to beat rivals in the effort but hopes to work with various partners, Joji Tagawa, chief sustainability officer, told reporters this week at the company's Yokohama headquarters.
11.
Nissan lowers its profit forecast amid incentive, inventory woes -
Friday, July 26, 2024
TOKYO (AP) — Nissan lowered its full fiscal year outlook on Thursday, as the Japanese automaker reported a 73% decline in profit in the April-June quarter compared to the previous year.
Chief Executive Makoto Uchida called the results "very challenging," blaming sales incentives and marketing expenses resulting from intense competition, especially in the U.S. market.
12.
Akio Toyoda, grandson of Toyota founder, wins shareholders' approval to stay in leadership -
Friday, June 14, 2024
TOKYO (AP) — Toyota shareholders voted Tuesday in support of all the company's proposals, including keeping Akio Toyoda, grandson of the Japanese automaker's founder, as chairman on the board.
Details on the vote tallies were not immediately available. But the company confirmed the majority voted in support of its positions. A shareholder proposal requesting that Toyota issue an annual report on its climate-related lobbying activities was rejected.
13.
Japan's economy is shrinking, although slightly less than previously thought -
Friday, June 7, 2024
TOKYO (AP) — The Japanese economy shrank at an annual rate of 1.8% in the first quarter of this year, slightly better than the initial estimate at a 2.0% contraction, according to revised government data Monday.
14.
5 things to know before buying your first used Tesla -
Friday, May 24, 2024
It’s a good time to be in the market for a used Tesla. Tesla’s significant price cuts during the past year on its new cars have caused the prices of used Teslas to drop significantly. But buying a used Tesla isn’t as straightforward as buying a used Toyota, especially if you’ve never owned one.
15.
Japanese automaker Honda reports booming profit on sales growth, weak yen -
Friday, May 10, 2024
TOKYO (AP) — Honda's profit for the fiscal year through March jumped 70% as vehicle sales grew and a weak yen buoyed overseas earnings, the Japanese automaker reported Friday.
Annual profit at Tokyo-based Honda Motor Co. totaled 1.1 trillion yen ($7 billion) as sales surged nearly 21% to 20.4 billion yen ($131 million).
16.
Nissan reports 92% jump in profit as sales surge -
Friday, May 10, 2024
TOKYO (AP) — Nissan's profit for the fiscal year through March jumped 92% to 426.6 billion yen ($2.7 billion) as sales grew in all major global markets except China, the Japanese automaker said Thursday.
17.
US opens investigation into Ford crashes involving Blue Cruise partially automated driving system -
Friday, April 26, 2024
DETROIT (AP) — Two fatal crashes involving Ford's Blue Cruise partially automated driving system have drawn the attention of U.S. auto safety regulators.
The National Highway Traffic Safety Administration has opened an investigation of the crashes, both involving Mustang Mach-E electric vehicles on freeways in nighttime lighting conditions, the agency said in documents Monday.
18.
Driver of electric Ford SUV was using automated system before fatal Texas crash, investigators say -
Friday, April 12, 2024
DETROIT (AP) — The driver of a Ford electric SUV involved in a February fatal crash in Texas was using the company's partially automated driving system before the wreck, federal investigators said Thursday.
19.
Biden to meet Japan's PM Kishida over shared concerns about China and differences on US Steel deal -
Friday, April 5, 2024
WASHINGTON (AP) — Japanese Prime Minister Fumio Kishida begins a much-anticipated visit to Washington on Tuesday aiming to spotlight shared concerns about provocative Chinese military action in the Pacific and at a rare moment of public difference between the two nations over a Japanese company's plan to buy an iconic U.S. company.
20.
Japan's Nissan promises aggressive electrification push to cut costs, boost global sales -
Friday, March 22, 2024
TOKYO (AP) — Nissan will expand its electric vehicle lineup, develop more powerful batteries and cut production costs, while speeding up the whole process, in what the Japanese automaker's chief called "The Arc" pathway to higher sales by 2030.
21.
Honda, Nissan agree to work together in developing electric vehicles, intelligent technology -
Friday, March 15, 2024
TOKYO (AP) — Nissan and Honda announced Friday that they will work together in developing electric vehicles and auto intelligence technology, sectors where Japanese automakers have fallen behind.
The chief executives of Nissan Motor Co. and Honda Motor Co. appeared together at a news conference in Tokyo to announce that Japan's second and third biggest automakers will look into areas with a potential for collaboration.
22.
Most compelling car-tech trends from CES ’24 -
Friday, January 26, 2024
CES provides an annual insight into where and how cutting-edge innovations will reshape how people work, study, communicate and, in many cases, how they’ll drive. This year CES saw a number of automakers present concept vehicles that seem both years into the future and on the very cusp of production.
23.
Hydrogen energy back in the vehicle conversation at CES 2024 -
Friday, January 5, 2024
LAS VEGAS (AP) — While electric vehicles are gaining the lion's share of the attention for carbon-neutral technology at CES 2024, hydrogen energy has snuck its way back into the conversation thanks to two automotive giants.
24.
CES 2024 updates: The most interesting news and gadgets from tech's big show -
Friday, January 5, 2024
LAS VEGAS (AP) — CES 2024 kicks off in Las Vegas this week. The multi-day trade event put on by the Consumer Technology Association is set to feature swaths of the latest advances and gadgets across personal tech, transportation, health care, sustainability and more — with burgeoning uses of artificial intelligence almost everywhere you look.
25.
Japan's automakers unveil EVs galore at Tokyo show to catch up with Tesla, other electric rivals -
Friday, October 20, 2023
TOKYO (AP) — "We love battery EVs." Takero Kato, the executive in charge of electric vehicles at Toyota, said that not once, but twice, to emphasize what he considers the message at this year's Tokyo auto show.
26.
Vietnam's Vinfast committed to selling EVs to US despite challenges, intense competition -
Friday, October 20, 2023
HAIPHONG, Vietnam (AP) — Vietnamese automaker Vinfast plunged right into the crowded and hypercompetitive U.S. auto market, gambling that if it can sell its electric vehicles to finicky Americans, it can succeed anywhere.
27.
Gas price anxiety? Here are the Top 5 2023 hybrids -
Friday, October 6, 2023
Are high gas prices burning a hole in your wallet? Then maybe it’s a good time to consider a hybrid vehicle.
Hybrids gain improved fuel efficiency thanks to specialized powertrains that combine a gas engine with at least one electric motor that’s powered by a battery pack that does not need to be plugged in. In many cases, the price difference between hybrid and non-hybrid models is small enough that the hybrid will pay for itself or save you money after just a few years of ownership.
28.
Honda profits double on healthy global auto, motorcycle sales -
Friday, August 4, 2023
TOKYO (AP) — Honda reported Wednesday that its April-June profit more than doubled on healthy sales of its motorcycles and cars, as the Japanese company also received a perk from favorable exchange rates.
29.
Kirkwood wins Music City Grand Prix for 2nd win of season for Andretti -
Friday, August 4, 2023
NASHVILLE (AP) — Kyle Kirkwood says he felt calm on the final restart, probably more than someone in his second IndyCar Series season should.
That's just how confident he was in how fast Andretti Autosports had his Honda running.
30.
Threatened by shortages, electric car makers race for supplies of lithium for batteries -
Friday, June 23, 2023
BEIJING (AP) — Threatened by possible shortages of lithium for electric car batteries, automakers are racing to lock in supplies of the once-obscure "white gold" in a politically and environmentally fraught competition from China to Nevada to Chile.
31.
Toyota debuts hydrogen-fueled race car as racing begins shift away from gas guzzlers -
Friday, June 2, 2023
OYAMA, Japan (AP) — In a sprawling circuit near Mount Fuji, a humble Corolla running on liquid hydrogen has made its racing debut, part of a move to bring the futuristic technology into the racing world and to demonstrate Toyota's resolve to develop green vehicles.
32.
Automaker warns over UK operations, calls for Brexit trade deal renegotiation -
Friday, May 12, 2023
LONDON (AP) — The world's fourth-biggest carmaker by sales has warned of a potential existential threat to large parts of the British car industry unless the government moves to alter the terms of its post-Brexit trade deal with the European Union.
33.
Japan's Honda records lower profit, projects sales rebound -
Friday, May 12, 2023
TOKYO (AP) — Honda's profit for the fiscal year that ended in March dropped 1.7% as sales took a hit from a semiconductor shortage and restrictions in China related to the coronavirus pandemic.
But the Japanese automaker said Thursday that recovery was on the way, forecasting record sales and operating profitability for the current fiscal year.
34.
Japan's Honda outlines global strategy for electric cars -
Friday, April 21, 2023
TOKYO (AP) — Honda is gearing up for an electrification shift in North America with two models developed with General Motors going on sale next year and a bigger EV with a new platform in 2025, a year earlier than initially announced.
35.
Volkswagen unveils electric luxury sedan at China auto show -
Friday, April 14, 2023
SHANGHAI (AP) — Volkswagen unveiled an electric luxury sedan that promises a 700-kilometer (435-mile) battery range as global and Chinese automakers displayed their latest SUVs, sedans and muscle cars Tuesday at the world's biggest auto show.
36.
Companies pledge millions in fed effort to stem road deaths -
Friday, February 3, 2023
WASHINGTON (AP) — Nearly 50 businesses and nonprofits — including rideshare companies Uber and Lyft, industrial giant 3M and automaker Honda — are pledging millions of dollars in initiatives to stem a crisis in road fatalities under a new federal effort announced Friday.
37.
Japan's Honda outlines hydrogen power plans to go green -
Friday, February 3, 2023
TOKYO (AP) — Honda is expanding the use of hydrogen to include trucks and construction equipment, electricity for buildings and even outer space, not just cars on the roads.
Honda Motor Co. plans a new fuel cell vehicle for sale next year, packed with a fuel cell stack developed with General Motors Co. of the U.S., its general manager, Testsuya Hasebe, told reporters Thursday.
38.
Edmunds cites top car-tech trends from CES -
Friday, January 20, 2023
CES – formerly known as the Consumer Electronics Show – in Las Vegas tends to showcase vehicles and technology that are further out than one might find at a traditional auto show. Edmunds attended this year and reports on the most notable vehicles and what new technology car shoppers might see in the coming years.
39.
US reports another Takata air bag death, bringing toll to 33 -
Friday, December 9, 2022
DETROIT (AP) — U.S. safety regulators and Honda Motor Co. are urging drivers once again to make sure their vehicles haven't been recalled after another person was killed by an exploding Takata air bag.
40.
Consumer Reports survey: Hybrids are most reliable vehicles -
Friday, November 11, 2022
DETROIT (AP) — Gas-electric hybrids were the most dependable vehicles sold in the U.S. in the past year, while big pickup trucks and fully electric automobiles performed the worst in Consumer Reports' annual reliability survey.
41.
Japan's Sony, Honda jointly making EVs for 2026 US delivery -
Friday, October 14, 2022
TOKYO (AP) — A new electric car company that brings together two big names in Japanese business, Honda and Sony, officially kicked off Thursday.
The electric vehicle from Sony Honda Mobility Inc. will go on sale in 2025, with deliveries coming first in the U.S. in early 2026, and in Japan later that year, Chief Executive Yasuhide Mizuno told reporters. Pre-orders start 2025.
42.
LG, Honda to set up US joint venture to make EV batteries -
Friday, August 26, 2022
TOKYO (AP) — Major South Korean battery maker LG and Japanese automaker Honda are investing $4.4 billion in a joint venture in the United States to produce batteries for Honda electric vehicles in the North American market, the two companies said Monday.
43.
Japan's Honda sees declining profits on semiconductor crunch -
Friday, August 5, 2022
TOKYO (AP) — Honda's fiscal first quarter profit fell 33% from last year as a global computer chip shortage, a pandemic-related lockdown in China and the rising costs of raw materials hurt the Japanese automaker.
44.
Chip shortage keeps driving up auto prices, cutting sales -
Friday, July 1, 2022
Chip shortage keeps driving up auto prices, cutting sales
By TOM KRISHER AP Auto Writer
DETROIT (AP) — The global semiconductor shortage is still vexing the auto industry. U.S. new vehicle sales were expected to tumble more than 20% in the second quarter compared with a year ago. Yet demand still outstripped supply from April through June, even with $5 per gallon gasoline, high inflation and rising interest rates. The low supply has raised prices to record levels, knocking many consumers out of the new-vehicle market. General Motors reported a 15% sales drop due largely to the chip shortage. Toyota sales are down 19% for the first half of the year and fell 18% in June. Stellantis posted a 16% decline.
45.
Automakers drive south, powered by electricity -
Friday, May 6, 2022
It began with Nissan’s decision to bring a manufacturing plant to Tennessee in 1983.
Four decades later, Tennessee serves as the home of three major auto manufacturers – Nissan, GM and Volkswagen – with Ford on the way, and is the North American headquarters for Japan-based automotive giants Nissan, Mitsubishi and Bridgestone, all located in the Nashville area.
46.
Japan's Honda, Sony joining forces on new electric vehicle -
Friday, March 4, 2022
TOKYO (AP) — Two big names in Japanese electronics and autos are joining forces to produce an electric vehicle together.
Sony Group Corp. and Honda Motor Co. agreed to set up a joint venture this year to start selling an electric vehicle by 2025, both sides said Friday.
47.
The hottest cars to look out for in 2022 -
Friday, January 28, 2022
The chip and supply chain shortages of 2021 have been difficult for automakers and consumers alike. But something positive has emerged from the chaos for 2022: More new car introductions.
Among other things, the shortage forced many brands to delay the release of all-new and redesigned vehicles that were originally scheduled for 2021. To help you sort through the debuts, the experts at Edmunds have compiled a list of the five hottest vehicles that will arrive at dealerships in the next six to nine months.
48.
Honda lowers profit, vehicle sales forecast over chip crunch -
Friday, November 5, 2021
TOKYO (AP) — Japanese automaker Honda lowered its profit and vehicle sales forecasts for the fiscal year, pointing Friday to shortages of computer chips and rising material costs.
Honda Motor Co. recorded a 31% drop in its fiscal second quarter profit, to 166.6 billion yen ($1.5 billion) from 240.9 billion yen last year.
49.
Toyota lifts forecast despite pandemic's supply chain damage -
Friday, November 5, 2021
TOKYO (AP) — Japan's top automaker Toyota reported Thursday a 33% jump in second fiscal quarter profit, as it raised its full year forecast despite supply chain woes related to the coronavirus pandemic.
50.
Win on Sunday, sell on Monday still a goal for automakers -
Friday, August 6, 2021
DETROIT (AP) — Rick Hendrick erased any doubt that marketing in motorsports is still effective when his automotive sales group bought the sponsorship rights through 2023 for NASCAR title contender Kyle Larson.
51.
Ericsson soars to victory in inaugural Music City Grand Prix -
Friday, August 6, 2021
NASHVILLE (AP) — Marcus Ericsson used the slowed car in front of him as a launching ramp and shot up and over — with a dangling wing — Sebastien Bourdais' Chevrolet.
"I thought my race was over there," Ericsson said.
52.
Kids and cars: Today's teens in no rush to start driving -
Friday, July 30, 2021
DETROIT (AP) — Michael Andretti has a 21-year-old son with zero interest in obtaining a driver's license. Rideshare apps get him where he wants to go.
In New Jersey, the 16-year-old daughter of a local short track racer took a five-minute driving lesson on a golf cart through their yard before turning over the keys. "That's it, I'm done. Don't like it," Kat Wilson told their father.
53.
Honda reverts to profit on recovery from pandemic damage -
Friday, July 30, 2021
TOKYO (AP) — Honda returned to profitability in April-June, recording a 222.5 billion yen ($2 billion) profit, as better sales and costs cuts added to the Japanese automaker's bottom line.
Honda Motor Co. had racked up a 80.8 billion yen loss the same period the previous year, when the entire auto industry was hurt by the coronavirus pandemic.
54.
Honda returns to quarterly profit despite pandemic damage -
Friday, May 14, 2021
TOKYO (AP) — Honda swung into the black in January-March, recording a 213 billion yen ($2 billion) profit despite the lingering impact of the pandemic.
The results, released Friday, marked a reversal from 29.5 billion yen in red ink Honda Motor Co. racked up in the same quarter last year. Quarterly sales rose nearly 5% to 3.6 trillion yen ($33 billion).
55.
Japan's Nissan sees smaller loss, promises sales recovery -
Friday, May 7, 2021
TOKYO (AP) — Nissan reduced its losses in the January-March quarter as restructuring efforts kicked in, despite damage to sales from the coronavirus pandemic, the Japanese automaker said Tuesday.
Nissan Motor Co.'s quarterly losses totaled 81 billion yen ($743 million), a fraction of the 710 billion yen in red ink it racked up last year. Quarterly sales rose to 2.5 trillion yen ($23 billion) from 2.3 trillion yen.
56.
Five new EVs you might want to wait for in 2021 -
Friday, May 7, 2021
Electric vehicle shoppers have an increasing number of models to choose from. There are nearly two dozen EVs on the market today, and that selection will only grow over the next eight months. Here are five upcoming EVs – organized by price – that the experts at Edmunds are most excited to see in 2021.
57.
VW, Ford unveil SUVs at China auto show under virus controls -
Friday, April 16, 2021
SHANGHAI (AP) — Volkswagen, Ford and Chinese brands unveiled new SUVs for China on Monday at the Shanghai auto show, the industry's biggest marketing event in a year overshadowed by the coronavirus pandemic.
58.
Automakers embrace electric vehicles. But what about buyers? -
Friday, March 12, 2021
DETROIT (AP) — The world's major automakers have made something abundantly clear: They believe electric vehicles will dominate their industry in the years ahead.
Yet for that to happen, they'll need to sell the idea to people like Steve Bock.
59.
Biden to order a review of US supply chains for vital goods -
Friday, February 19, 2021
WASHINGTON (AP) — President Joe Biden is preparing to sign an executive order to review U.S. supply chains for large-capacity batteries, pharmaceuticals, critical minerals and semiconductors that power cars, phones, military equipment and other goods.
60.
Japan automaker Honda's profit rises despite pandemic damage -
Friday, February 5, 2021
TOKYO (AP) — Honda reported Tuesday its fiscal third quarter profit more than doubled to 284 billion yen ($2.7 billion) despite the coronavirus pandemic as auto sales grew in Japan and the U.S.
Japanese automaker Honda Motor Co. had reported a 116 billion yen profit for October-December a year earlier.
61.
GM sales down 11.9%, Nissan 33.2% for 2020 -
Friday, January 1, 2021
DETROIT (AP) — Sales of new vehicles in the U.S. fell 14.6% last year, but a second-half rebound from a coronavirus-related plunge in the spring kindled optimism for a recovery later this year.
62.
Honda reports profit rise despite pandemic -
Friday, November 6, 2020
TOKYO (AP) — Japanese automaker Honda reported Friday that its profit rose 23% in the last quarter, despite a pandemic that has slammed businesses around the world.
Tokyo-based Honda Motor Co. said its July-September profit was 240.9 billion yen ($2.3 billion), up from 196.5 billion yen a year earlier, as the auto market recovered in some parts of the world.
63.
Toyota sees profit slip, holding up despite pandemic -
Friday, November 6, 2020
TOKYO (AP) — Toyota's July-September profit fell 11% from a year earlier as the coronavirus pandemic slammed global demand, but Japan's top automaker appeared to be holding up better than weaker rivals that have sunk into the red.
64.
Toyota's profit plunges as pandemic halves vehicle sales -
Friday, August 7, 2020
TOKYO (AP) — Toyota's profit plunged 74% in the last quarter as the coronavirus pandemic sank vehicle sales to about half of what the top Japanese automaker sold the previous year.
Toyota Motor Corp. reported on Thursday a profit of 158.8 billion yen ($1.5 billion) in April-June, down from 619 billion yen in the same period last year.
65.
Toyota's profit plunges as pandemic halves vehicle sales -
Friday, July 31, 2020
TOKYO (AP) — Toyota's profit plunged 74% in the last quarter as the coronavirus pandemic sank vehicle sales to about half of what the top Japanese automaker sold the previous year.
Toyota Motor Corp. reported on Thursday a profit of 158.8 billion yen ($1.5 billion) in April-June, down from 619 billion yen in the same period last year.
66.
Honda reports loss in April-June as virus hits sales -
Friday, July 31, 2020
TOKYO (AP) — Japanese automaker Honda reported Wednesday that it sank into the red for the April-June quarter, as its sales plunged due to the coronavirus pandemic, especially in the U.S., Japan and India.
67.
Nissan officials face angry shareholders on red ink, scandal -
Friday, June 26, 2020
TOKYO (AP) — Nissan Chief Executive Makoto Uchida told shareholders Monday he is giving up half his pay after the Japanese automaker sank into the red amid plunging sales and plant closures in Spain and Indonesia.
68.
Nissan banks on new Rogue small SUV to begin its US comeback -
Friday, June 26, 2020
There’s a lot riding on the Nissan Rogue, the struggling Japanese automaker’s top-selling vehicle in the hottest part of its second-biggest market, the United States.
The small SUV, made in Smyrna, has been redesigned for the 2021 model year, and a replacement can’t come fast enough for a company battered by falling sales, mounting losses, a financial scandal and a model lineup that many U.S. consumers don’t find appealing. Throw in a global pandemic, and you’ve got a showroom of trouble.
69.
Recession-hit Japan's exports, imports fall due to pandemic -
Friday, May 15, 2020
TOKYO (AP) — Recession-hit Japan's exports plunged nearly 22% in April, marking their worst drop in more than a decade, as the coronavirus pandemic slammed global demand for autos, machinery and chemicals.
70.
Honda sinks deeper into quarterly losses on virus outbreak -
Friday, May 8, 2020
TOKYO (AP) — Japanese automaker Honda Motor Co. sank deeper into losses for the fiscal quarter that ended in March, as the damage to the industry from the coronavirus outbreak hurt sales and crimped production.
71.
Virus puts brakes on US economic engine: consumer spending -
Friday, April 10, 2020
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to the global economy, the work place and the spread of the virus.
72.
Japan auto industry vows to protect jobs amid virus crisis -
Friday, April 10, 2020
TOKYO (AP) — Toyota Chief Executive Akio Toyoda promised Friday that the Japanese auto industry would seek to protect jobs worldwide as it endures the coronavirus pandemic.
Toyoda, speaking as head of the Japan Automobile Manufacturers Association, said he was worried the Japanese economy might be destroyed before the world can win the fight against the sickness caused by COVID-19.
73.
Virus cost may top $4 trillion; Americans arm up on guns -
Friday, April 3, 2020
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments on Friday related to the global economy, the work place and the spread of the virus.
74.
Ford, Fiat Chrysler, Honda, Toyota seek to restart factories -
Friday, March 27, 2020
DETROIT (AP) — Ford, Fiat Chrysler, Honda and Toyota took steps Thursday to restart North American factories that have been closed to protect workers from the coronavirus.
The plants would reopen in early or mid-April, restoring the largest source of cash for automakers that generally book revenue when they ship vehicles to dealerships.
75.
China lifting last controls in province at outbreak's center -
Friday, March 20, 2020
BEIJING (AP) — Trains carrying factory employees back to work after two months in locked-down cities rolled out of Hubei province, the center of China's virus outbreak, as the government on Wednesday began lifting the last of the controls that confined tens of millions of people to their homes.
76.
Tech firm Ericsson pulls out of big trade show due to virus -
Friday, February 7, 2020
BEIJING (AP) — Wireless equipment maker Ericsson is pulling out of the industry's top annual trade event due to the virus outbreak, while automakers are considering whether to reopen factory lines in China.
77.
Its Wuhan plants shut, Honda reports quarterly profit drop -
Friday, February 7, 2020
TOKYO (AP) — Japanese automaker Honda reported Friday a nearly 31% dive in its October-December profit as strong demand for its motorcycles failed to make up for falling vehicles sales.
Honda Motor Co. reported quarterly profit of 116.4 billion yen ($1.1 billion), down from 168 billion yen the same period the previous year.
78.
Carmakers adjust to virus turmoil; Uniqlo, Burberry take hit -
Friday, February 7, 2020
BEIJING (AP) — Automakers are considering whether to reopen factory lines in China and counting the costs from the virus outbreak in China, while Japanese fashion brand Uniqlo reports half its shops in China are closed.
79.
Waller elects 10 partners from Nashville office -
Friday, January 24, 2020
Waller Lansden Dortch & Davis, LLP has elected 14 new partners, including 10 in Nashville. New Nashville partners are:
Lida Alsobrooks, who provides counsel to real estate developers, property management companies, property owners and investment firms. Alsobrooks is a graduate of Kenyon College and earned her J.D. from the University of Tennessee College of Law.
80.
US probes 4 automakers in new Takata air bag recall -
Friday, December 13, 2019
DETROIT (AP) — The U.S. government's highway safety agency has launched an investigation into four automakers that have a potentially deadly type of Takata air bag inflator in their vehicles but have yet to recall them.
81.
Trump's US-Japan trade deal wins Japan parliament approval -
Friday, November 29, 2019
TOKYO (AP) — Japan's Parliament on Wednesday approved a trade deal that was agreed upon by President Donald Trump and Japanese Prime Minister Shinzo Abe earlier this year.
The deal cutting tariffs between the countries takes effect at the beginning of next year. It cleared Japan's upper house Wednesday after clearing the more powerful lower house earlier.
82.
Japanese automaker Honda cuts profit outlook as sales slip -
Friday, November 8, 2019
TOKYO (AP) — Honda has become the latest automaker to report weaker earnings as global demand softens.
The company said Friday that its profit in the July-September fell 6.7% from a year earlier to 196.5 billion yen ($1.8 billion) as vehicle and motorcycle sales slipped.
83.
Toyota 2Q profit up 1% on healthy global sales -
Friday, November 1, 2019
TOKYO (AP) — Japan's top automaker Toyota said Thursday its net profit edged 1% higher in July-September as vehicle sales grew around the world.
Toyota Motor Corp.'s profit for the second fiscal quarter totaled 592 billion yen ($5.4 billion), up from 585 billion yen last year.
84.
Gas sippers: Honda Insight vs. Toyota Corolla Hybrid -
Friday, September 20, 2019
Car shoppers seeking superior fuel economy have two particularly intriguing choices this year: the Honda Insight and the Toyota Corolla Hybrid.
Both deliver an EPA-estimated 52 mpg in combined city and highway driving, which is among the best of any vehicle on sale. They’re also notable for their design. These are two conventionally styled sedans that largely keep their eco-credentials hidden from view.
85.
Trump bars California from setting stricter fuel standards -
Friday, September 13, 2019
WASHINGTON (AP) — President Donald Trump announced Wednesday that his administration is revoking California's authority to set auto mileage standards stricter than those issued by federal regulators.
86.
Federal plan to end state mileage standards draws criticism -
Friday, September 13, 2019
WASHINGTON (AP) — The Trump administration is poised to revoke California's authority to set auto mileage standards, asserting that only the federal government has the power to regulate greenhouse gas emissions and fuel economy.
87.
EPA set to end California's ability to regulate fuel economy -
Friday, September 13, 2019
WASHINGTON (AP) — The Trump administration is poised to revoke California's authority to set auto mileage standards, asserting that only the federal government has the power to regulate greenhouse gas emissions and fuel economy.
88.
No-say Nissan had tech that drove Fiat Chrysler-Renault idea -
Friday, June 7, 2019
TOKYO (AP) — Nissan wasn't consulted on the proposed merger between its alliance partner Renault and Fiat Chrysler, but the Japanese automaker's reluctance to go along may have helped bring about the surprise collapse of the talks.
89.
Renault's FCA merger move leaves partner Nissan in the cold -
Friday, May 31, 2019
TOKYO (AP) — Some Japanese are using an old expression to describe how Nissan was left out of talks that led to the proposed merger between its French alliance partner Renault and Fiat Chrysler Automobiles: "kaya no soto."
90.
Questions loom for Nissan with former chairman Ghosn gone -
Friday, May 10, 2019
TOKYO (AP) — Nissan is seeing sales and profits tumble, as its once revered former chairman, Carlos Ghosn, awaits trial on charges of financial misconduct.
Nissan Motor Co. says it is beefing up corporate governance and sticking with its alliance with French partner Renault SA and smaller Japanese automaker Mitsubishi Motors Corp. That's critical to getting sales back on track, analysts say. But the way forward is clouded by questions about setting strategy without a visionary Ghosn there to guide it.
91.
Toyota reports dip in quarterly profit, projects recovery -
Friday, May 3, 2019
TOKYO (AP) — Japan's top automaker Toyota said Wednesday its profit for January-March fell 4% as vehicle sales lagged in North America, while smaller car manufacturer Honda reported a loss.
Toyota Motor Corp. recorded a quarterly profit of 459.5 billion yen, or $4.2 billion, down from 480.8 billion yen in the same period the previous year. Quarterly sales rose 2% to 7.75 trillion yen ($70 billion), the company said.
92.
Honda reports fiscal quarterly loss, to streamline models -
Friday, May 3, 2019
TOKYO (AP) — Honda reported a loss for January-March Wednesday, despite growing sales, as an unfavorable exchange rate, income tax expenses and other costs hurt results.
Honda Motor Co. reported a 13 billion yen ($118 million) loss for the fiscal fourth quarter, a reversal from a 107.7 billion yen profit the previous fiscal year.
93.
GM Cruise autonomous vehicle unit gets $1.15B investment -
Friday, May 3, 2019
DETROIT (AP) — A group of institutional investors is sinking $1.15 billion into GM Cruise LLC, the autonomous vehicle unit of General Motors.
Cruise announced the investment from a group led by T. Rowe Price on Tuesday and said it included money from GM, Honda and Japanese tech investment firm SoftBank.
94.
Sleek new SUVs dominate reveals at New York auto show -
Friday, April 12, 2019
Auto shows may be waning in importance as companies find other ways to introduce new products, but the New York International Auto Show still has a healthy list of new vehicle debuts.
In keeping with the dramatic shift from cars to sport utilities, most of the new models are SUVs.
95.
Geneva show has electrics, sports cars and a VW dune buggy -
Friday, March 1, 2019
GENEVA (AP) — Carmakers at the Geneva International Motor Show are unveiling new electric vehicles they hope will transform the industry as well as the high-end sports cars that are a fixture at the show.
96.
Honda to shut plant in Brexit-shaken Britain -
Friday, February 15, 2019
TOKYO (AP) — Japanese carmaker Honda plans to close its car factory in western England in 2021, a fresh blow to the British economy as it struggles with the uncertainty associated with leaving the European Union next month.
97.
Toyota profit plummets despite moderately solid sales -
Friday, February 1, 2019
TOKYO (AP) — Toyota's fiscal third quarter profit plunged to 180.9 billion yen ($12.6 billion), about a fifth of what the Japanese automaker earned the previous year, despite relatively solid sales, the Japanese automaker said Wednesday.
98.
VW, Ford team up on pickups, explore deal on electrics -
Friday, January 11, 2019
FRANKFURT, Germany (AP) — Volkswagen and Ford are forming a global alliance to develop commercial vans and medium-sized pickups together while exploring broader cooperation on future battery-powered and autonomous vehicles and services.
99.
Nissan discloses more dubious inspections amid Ghosn arrest -
Friday, December 7, 2018
TOKYO (AP) — Nissan, the Japanese automaker under scrutiny after its former chairman Carlos Ghosn was arrested on suspicion of financial misconduct, is recalling 150,000 vehicles spanning 11 models in Japan for dubious inspections for brakes and steering.
100.
Cruise control: GM's No. 2 exec to run self-driving car unit -
Friday, November 30, 2018
SAN FRANCISCO (AP) — General Motors' No. 2 executive is moving from Motor City to Silicon Valley to run the automaker's self-driving car operations as it attempts to cash in on its bet that robotic vehicles will transform transportation.