Koji Endo News
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Nissan Motor Co. will start selling the first minicar it jointly developed with Mitsubishi Motors Corp. in Japan next month amid increasing demand from the nation’s consumers for smaller and cheaper vehicles.
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Toyota Motor Corp. plans to build Lexus ES 350 sedans at an existing Kentucky plant, the first U.S. production for its luxury brand, as Chief Executive Officer Akio Toyoda pushes to localize output in its biggest markets.
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Toyota Motor Corp. plans to build Lexus ES 350 sedans at an existing Kentucky plant, the first U.S. production for its luxury brand, as Chief Executive Officer Akio Toyoda pushes to localize output in its biggest markets.
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Toyota Motor Corp., the world’s largest automaker, is preparing to start production of Lexus cars in the U.S. for the first time, two company officials said.
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Toyota Motor Corp.’s Lexus, dethroned by BMW and Mercedes as the U.S. luxury sales leader, aims to remake itself with models more like performance cars and less like family cars, leading to a new IS sport sedan intended to lure entry-level drivers who would otherwise buy German.
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The slide in the yen has turned Mazda Motor Corp.’s biggest weakness into its biggest strength. All Japan’s most export-dependent automaker has to do now is sell more cars.
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Toyota Motor Corp. , the world’s biggest automaker, said earnings may be reduced by output disruptions following Japan’s earthquake and tsunami last month, which contributed to a record decline in the nation’s auto sales.
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Toyota Motor Corp. may delay the production of at least 500,000 vehicles in Japan because of a shortage of parts and electricity after the nation’s record earthquake, said an analyst at Advanced Research Japan.
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Nissan Motor Co. plans to introduce a new passenger-car brand in Chinese market with its local partner to help meet demand for cheaper models.
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The Prius hybrid has spearheaded sales growth for Toyota Motor Corp. in Japan for more than a year, helped by government subsidies. The model will likely bear the brunt of plunging demand as the support ends.
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