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Toyota rolls out fuel cell buses in Japan

Toyota Motor Corporation will begin to sell fuel cell buses under the Toyota brand from early 2017. Having already undergone repeated field tests...

28 Nov 2016


Honda nine-month operating profit falls on exploding airbag costs

Honda reported a fall in nine-month operating profit due to "quality-related" costs, seen as linked to an exploding airbag crisis...

29 Jan 2016


Toyota racing to record profit, but Asia flashing red signal

TOKYO: Toyota on Wednesday, 5 November, said it was on track for a record $17.5bn full-year net profit, as Japan's major automakers wrapped up a bumper earnings season, but a slowdown in Asia, including China, could slam the brakes on growth.

10 Nov 2014


Toyota's fuel cell car will cost $70 000

TOKYO, JAPAN - Japanese car manufacturer Toyota will start selling its first fuel cell sedan in March next year with a price tag of around ¥7m ($70 000).

26 Jun 2014


Nissan profits from rise in North America, China sales

TOKYO, JAPAN: Japanese car manufacturers Nissan said its nine-month net profit jumped 18.4% as it benefited from a weaker yen and accelerating sales in North America and China.

11 Feb 2014


Toyota's net profit surges by 82.5%

TOKYO, JAPAN: Toyota that its net profit for the first six months rose by 82.5% causing it to adjust its annual earnings forecast as a weak yen and improving sales in North America boosted its bottom line.

8 Nov 2013


Honda's profits higher on weak yen

TOKYO, JAPAN: Honda said its net profit rose by 46.4% in the three months to September as Japan's third largest manufacturer benefited from a weaker yen and stronger North America sales.

1 Nov 2013


Strong Chinese demand to pull global car market: Moody's

PARIS, FRANCE: Global car sales will grow by 4.8% next year pulled by unexpectedly strong demand in China, the credit rating agency Moody's forecast on Wednesday (4 September).

6 Sep 2013


Honda profits up 73.6% to US$3.7bn

TOKYO, JAPAN: Japanese car manufacturer Honda said last week its net profit for the year to March rose by 73.6% to US$3.7bn, thanks to robust overseas sales, a weaker yen and various cost-cutting measures.

29 Apr 2013


Toyota appoints non-Japanese managers

TOKYO, JAPAN: A management shake-up at Toyota heralds a new era which will force the firm to look beyond the narrow confines of corporate life in Japan and help it in the global marketplace, analysts said last week.

11 Mar 2013


Bigger is better says motor industry

Growing affluence in emerging markets is good news for manufacturers of gas-guzzling vehicles.

11 Mar 2013


New blow as Toyota recalls 2.77m vehicles globally

TOKYO, JAPAN: Toyota on Wednesday (14 November) announced a global recall of 2.77m vehicles over water pump or steering problems, in the latest blow to the firm's reputation after a spate of earlier call backs.

14 Nov 2012