#CarMakeRs

The forthcoming factory would create 2,000 new jobs and deepen Toyota's manufacturing footprint in its largest market.

Honda's losses and Nissan's early signs of recovery have narrowed the imbalance that derailed their failed merger talks last year.

The automaker is canceling models, moving toward hybrids and making a push in India.

Like other Japanese carmakers, Nissan is being squeezed by U.S. tariffs, the Middle East war and fierce competition from Chinese rivals, but it also has its own issues.

The stock reversed gains and fell as much as 2.2% after the company issued an outlook for ¥3 trillion in operating income for the fiscal year ending March 2027.

Some energy consultancies ‌now expect the decline in diesel use in China to accelerate faster than previously forecast.

From Japantimes RSS Feed: China's carmakers chase 'Yaris moment' to ignite overseas growth

The Yokohama-based automaker attributed the decision to waning demand among American consumers for all-electric vehicles.

Global sales in March — including those of subsidiaries Daihatsu and Hino — fell 5.8% from a year earlier to 983,126 units.

The innovation has long promised to deliver safer and low-cost rechargeable cells compared to lithium batteries.

A new production line will see the automaker deliver at least 10,000 extra cars annually.