Asia autos correspondent, Tokyo
Chang-Ran's Feed
Jul 25, 2011

Japan automakers’ Q1 hit by quake, Hyundai gains

TOKYO/SEOUL, July 25 (Reuters) – Quarterly earnings at Asian
automakers will show Japanese automakers at their worst after
the March 11 earthquake disrupted parts supplies, while South
Korean rivals charged ahead with sales gains in major markets.

Production at Japan’s top three car makers suffered the
biggest impact in their April-June first financial quarter, with
falls of about 80 percent for domestic output at Toyota Motor
Corp (7203.T: Quote, Profile, Research) and Honda Motor Co (7267.T: Quote, Profile, Research) in April, and 49
percent at Nissan Motor Co (7201.T: Quote, Profile, Research).

Jul 13, 2011

Toyota overhauls domestic units to save Japan manufacturing

TOKYO, July 13 (Reuters) – Toyota Motor Corp
announced a $1.3 billion overhaul of its manufacturing in
northeastern Japan, including the purchase of two listed units,
in an attempt to boost efficiency and soften the blow from a yen
trading near a record high.

The world’s biggest automaker said on Wednesday it would use
share swaps to turn Toyota Auto Body and Kanto Auto
Works into wholly owned units and expects to delist
their shares on Dec. 28.

Jul 12, 2011

Toyota looks to gain momentum in India with Etios

OYAMA-CHO, Japan/MUMBA (Reuters) – Toyota Motor said orders for the made-for-India Etios model were easily outpacing its targets so far, providing momentum in the fast-emerging market where the dominance of Maruti Suzuki India remains largely unchallenged.

In the first seven months of sales for the Etios sedan, the world’s biggest automaker received 37,000 orders, compared with a target for that period of 30,000, Toshihiro Takeda, manager of Toyota’s India product planning group, said on Tuesday.

Jul 12, 2011

Toyota looks to gain momentum in India with low-cost Etios

OYAMA-CHO, Japan/MUMBAI, July 12 (Reuters) – Toyota Motor
said orders for the made-for-India Etios model were
easily outpacing its targets so far, providing momentum in the
fast-emerging market where the dominance of Maruti Suzuki India
remains largely unchallenged.

In the first seven months of sales for the Etios sedan, the
world’s biggest automaker received 37,000 orders, compared with
a target for that period of 30,000, Toshihiro Takeda, manager of
Toyota’s India product planning group, said on Tuesday.

Jul 11, 2011

Car makers jump on energy bandwagon as Japan saves power

TOKYO, July 11 (Reuters) – With the country steeped in
power-saving mode, energy generation has become all the rage
among Japanese automakers.

Nissan Motor Co on Monday unveiled a new charging
system that gets electricity from solar power that can also be
stored in the lithium-ion batteries used in its Leaf electric
car.

Jul 6, 2011

Mitsubishi Motors unveils cheaper i-MiEV electric car

TOKYO, July 6 (Reuters) – Mitsubishi Motors Corp
launched two new versions of the i-MiEV electric car on
Wednesday, slashing the price on one and extending the range on
the other to appeal to more consumers in the nascent
zero-emission field.

Mitsubishi Motors became the first major automaker to
mass-produce pure electric cars with the egg-shaped i-MiEV and
leads the segment so far with 10,000 vehicles sold globally
since mid-2009. It has exported another 4,000 electric cars for
sale under PSA Peugeot Citroen’s brands.

Jul 6, 2011

Fuji Heavy aims to boost global sales 40 pct in 5 years

TOKYO, July 6 (Reuters) – Fuji Heavy Industries Ltd
, the maker of Subaru cars, said on Wednesday it aims to
boost global sales by 40 percent to 900,000 vehicles in the next
five years, fuelled by four new models including its first
hybrid car.

Announcing a new five-year business plan, Fuji Heavy also
said it would target an operating profit of 120 billion yen
($1.5 billion) and a profit margin of 6 percent in the year
ending in March 2016, based on an average dollar rate of 90 yen
and euro of 120 yen. Last business year, its operating profit
was 84.14 billion yen.

Jul 4, 2011

New engine gives Ferrari reason to stay in F1

TOKYO (Reuters) – The decision by Formula One to switch to a V6 turbo engine from 2014 has given Ferrari added reason to stay in the sport, the company’s chairman Luca di Montezemolo said on Monday.

The Italian had been critical of earlier plans to switch to a ‘greener’ 1.6 litre four-cylinder engine, but those plans were officially dropped last week in favour of a new V6 1.6 litre turbo engine to replace the current V8 engine.

Jul 4, 2011

Motor racing-New engine gives Ferrari reason to stay in F1

TOKYO, July 4 (Reuters) – The decision by Formula One to
switch to a V6 turbo engine from 2014 has given Ferrari added
reason to stay in the sport, the company’s chairman Luca di
Montezemolo said on Monday.

The Italian had been critical of earlier plans to switch to
a ‘greener’ 1.6 litre four-cylinder engine, but those plans were
officially dropped last week in favour of a new V6 1.6 litre
turbo engine to replace the current V8 engine.

Jul 2, 2011

Japan trudges into power-save mode as summer looms

YOKOSUKA, Japan, July 2 (Reuters) – In the muggy, unlit shed
next to a Nissan car factory near Tokyo, four men in polo shirts
are spending their Saturday staring at computer screens,
monitoring how much power the firm’s plants and offices across
eastern Japan are using.
    So far, on the first day of the working week under a new
summertime schedule, there appears to be no danger of their
setting off a warning alarm, triggered when near the limit on
electricity use set by Japan’s struggling utilities.
    The factory itself, which makes the Leaf electric car and
Juke crossover among others, is humming with heat and activity.

For Japanese auto and auto parts makers, July 2 marked the
start of a Saturday-to-Wednesday working week — an industry
move to cut power use at peak times.

    • About Chang-Ran

      "I have been covering the Japanese auto industry since 2002, broadening coverage to the Asian region in 2003."
      Joined Reuters:
      2000
      Languages:
      English, Japanese, Spanish
    • Follow Chang-Ran