TOKYO, April 1 (Reuters) – Sales in Japan of 660 cc
passenger mini-cars jumped to a record high in the last
financial year, signalling structural change in a market where
family size is shrinking and buyers are shifting to smaller
Buyers and owners pay less tax for mini-vehicles, a category
known as “kei” in Japan for cars that follow certain size and
other criteria, than for bigger vehicles.
TOYOTA, Japan, March 27 (Reuters) – Toyota Motor Corp
will start selling vehicles in 2015 under its new plan
to ramp up the use of shared parts as it catches up with rival
Volkswagen, which pioneered the strategy.
Initially, vehicles using the same platform and developed
under Toyota’s new strategy will share 20-30 percent of the
parts in the platform, a ratio Toyota wants to expand to 70-80
TOKYO, March 13 (Reuters) – Japanese exporters will hand out
bigger bonuses for the next fiscal year as Prime Minister Shinzo
Abe’s policies drive the yen to multi-year lows, with Toyota
Motor Corp declaring its largest bonus payout since the global
However, major companies including Toyota and
Panasonic Corp kept base salaries unchanged in the year
ending March 2014.
TOKYO, March 5 (Reuters) – Toyota Motor Corp will
reshuffle its top executives as soon as this week, people
familiar with the plan say, as President Akio Toyoda tries to
dismantle a regimented decisionmaking hierarchy at the world’s
Toyoda, who took the top job at the firm in 2009, has
slashed the number of board directors and given more power to
executives in key markets outside Japan as part of his effort to
refocus the company on quality and manufacturing flexibility
after a series of crises.
TOKYO (Reuters) – Their smart uniforms are mothballed, their income has fallen and some are getting under their wives’ feet at home.
The grounding of Boeing Co’s global fleet of 787 Dreamliner passenger jets due to undiagnosed battery problems is taking its toll on the hundreds of pilots specially trained to fly the high-tech, fuel efficient plane.
TOKYO, Feb 8 (Reuters) – Nissan Motor Co bucked the
optimistic trend among Japanese carmakers reporting quarterly
earnings, leaving its annual profit forecast unchanged as
sluggish sales weighed on its bottom line while others got a
boost from a weakening yen.
The cheaper yen is improving the competitiveness of cars
made by Nissan, Toyota Motor Corp, Honda Motor Co Ltd
and other Japanese brands when exported to key markets
such as the United States, and adding to pressure on their South
TOKYO, Feb 6 (Reuters) – Among Japanese carmakers, Mazda
Motor Corp and Fuji Heavy Industries Ltd are
best placed to benefit from the weakening yen, raising their
earnings forecasts as exported goods bring in more cash.
Mazda makes 71 percent of its vehicles in Japan and exports
about 80 percent of them, while Fuji Heavy makes about
three-quarters of its cars at home, shipping about 67 percent of
TOKYO, Feb 5 (Reuters) – Toyota Motor Corp lifted
its annual profit guidance, banking on stronger sales in its key
U.S. market and a boost from a weaker yen, which put its
Japanese manufacturing in the black for the first time in five
But the world’s best-selling automaker, which shipped a
record number of cars last year, said it would not build any new
factories over the next three years despite the pickup in its
fortunes, after it was burned in the financial crisis.
TOKYO (Reuters) – Toyota Motor Corp (7203.T: Quote, Profile, Research, Stock Buzz) lifted its annual profit guidance, banking on stronger sales in its key U.S. market and a boost from a weaker yen, which put its Japanese manufacturing in the black for the first time in five years.
But the world’s best-selling automaker, which shipped a record number of cars last year, said it would not build any new factories over the next three years despite the pickup in its fortunes, after it was burned in the financial crisis.
TOKYO/DETROIT (Reuters) – Are electric cars running out of juice again?
Recent moves by Japan’s two largest automakers suggest that the electric car, after more than 100 years of development and several brief revivals, still is not ready for prime time – and may never be.
In the meantime, the attention of automotive executives in Asia, Europe and North America is beginning to swing toward an unusual but promising new alternate power source: hydrogen.