Asia autos correspondent, Tokyo
Chang-Ran's Feed
Mar 15, 2011

Disasters wipe little Japanese fishing town off the map

OTSUCHI, Japan (Reuters) – The fishing hamlet of Otsuchi never had an easy relationship with nature — forest fires are a seasonal threat and earthquakes, and the high waves that often follow, are all too frequent.

Today Otsuchi, on Japan’s eastern coast, has ceased to exist, overwhelmed by a combination of earthquake, tsunami and fire that razed the town of 17,000 people Friday, killing more than half the population in a matter of moments.

Mar 14, 2011

With thousands missing, survivors seek loved ones in Japan

KUJI, Japan (Reuters) – Survivors searched for loved ones on Monday in emergency centres across the northeast coast of Japan, with thousands of people still missing after an earthquake and tsunami that probably killed more than 10,000.

“I am looking for my parents and my older brother,” a weeping Yuko Abe, 54, said at an emergency centre in Rikuzentakata, a nearly flattened town of 24,500 people in far-northern Iwate prefecture.

Mar 9, 2011

Toyota bets on emerging markets, to double profit

TOKYO (Reuters) – Toyota Motor Corp (7203.T: Quote, Profile, Research) will rely more on emerging markets for sales and launch about 10 new hybrid models under a long-term strategy aimed at nearly doubling profits before 2015, its president said on Wednesday.

The world’s largest car maker, trying to move on from a massive global recall of vehicles a year ago, will cut its board to 11 members by June from the current 27 to speed up decision making as part of the blueprint.

Mar 9, 2011

Toyota aims to double profit under new strategy

TOKYO (Reuters) – Toyota Motor Corp said it would accelerate a push into emerging markets and launch more hybrid models as it aims to nearly double profits under a new long-term strategy.

The world’s largest car maker, trying to move on from a massive global recall, also unveiled plans to slim its board to 11 members by June from 27 to speed up decision making as part of a new plan unveiled on Wednesday.

Mar 9, 2011

Toyota sees operating profit of $12 billion in 2-3 year

TOKYO (Reuters) – Toyota Motor Corp (7203.T: Quote, Profile, Research) will aim to nearly double operating profit to at least 1 trillion yen ($12 billion) in two to three years under plans to be unveiled on Wednesday, a source with direct knowledge of the situation said.

The world’s largest car maker, trying to move on from a massive global recall, will also seek to boost its operating profit margin to at least 5 percent in the same timeframe from an estimated 2.9 percent in the year ending in March, said the source.

Mar 9, 2011

Toyota sees operating profit of $12 bln in 2-3 yrs – source

TOKYO (Reuters) – Toyota Motor Corp aims to nearly double operating profit to at least 1 trillion yen ($12 billion) in two to three years under plans to be unveiled on Wednesday, a source with direct knowledge of the situation said.

The world’s largest car maker, trying to move on from a massive global recall, will also seek to boost its operating profit margin to at least 5 percent in the same timeframe from an estimated 2.9 percent in the year ending in March, said the source.

Mar 9, 2011

Toyota sees op profit of $12 bln in 2-3 yrs -source

TOKYO, March 9 (Reuters) – Toyota Motor Corp aims
to nearly double operating profit to at least 1 trillion yen
($12 billion) in two to three years under plans to be unveiled
on Wednesday, a source with direct knowledge of the situation
said.

The world’s largest car maker, trying to move on from a
massive global recall, will also seek to boost its operating
profit margin to at least 5 percent in the same timeframe from
an estimated 2.9 percent in the year ending in March, said the
source.

Mar 9, 2011

Toyota sees op profit of $12 billion in 2-3 years: source

TOKYO (Reuters) – Toyota Motor Corp (7203.T: Quote, Profile, Research, Stock Buzz) on Wednesday will forecast a near doubling of operating profit to at least 1 trillion yen ($12 billion) in two to three years, said a source with direct knowledge of the situation.

The world’s largest car maker, trying to move on from a massive global recall, will also seek to boost its operating profit margin to at least 5 percent in the same timeframe from an estimated 2.9 percent in the year ending in March, said the source.

Mar 9, 2011

Toyota sees op profit of £7.4 billion in 2-3 years – source

TOKYO (Reuters) – Toyota Motor Corp (7203.T: Quote, Profile, Research) on Wednesday will forecast a near doubling of operating profit to at least 1 trillion yen (7.4 billion pounds) in two to three years, said a source with direct knowledge of the situation.

The world’s largest car maker, trying to move on from a massive global recall, will also seek to boost its operating profit margin to at least 5 percent in the same timeframe from an estimated 2.9 percent in the year ending in March, said the source.

Mar 2, 2011

Common standards for electric cars key to mass appeal

GENEVA, March 2 (Reuters) – Automakers will need broad,
political support to come up with a common standard for plugs
and infrastructure for electric cars if they are to become a
convenient option for consumers, they said.

Auto executives gathered at the Geneva auto show this week
said a lack of standardisation could become an issue when the
zero-emission cars start to sell in larger numbers by
mid-decade, as they compete with low-emission hybrids.

    • 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
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