Japan Is Going In The Right Direction

The Japanese economy continues to be improving nicely. The latest quarterly “Tankan” survey — which measures the state of the economy via surveys of various businesses large and small — is out and it shows that business sentiment is at a 6-year high, surpassing levels right before the Great Financial Crisis. Abenomics continues to look […]

Nissan Titan to get Cummins turbodiesel V8 in 2015

Nissan announced earlier today that its Titan pickup will get a Cummins turbodiesel in the 2015 calendar year. “We will definitely leverage the Cummins brand name,” said Nissan spokesman Dan Bedore. Cummins has been the sole supplier of diesel engines for Chrysler’s Ram pickup since 1989 — and the Cummins name is seen as a […]

Truck sales keep Japanese buoyant in U.S.

Honda market share in the US shrunk by 0.1% despite its vehicle sales jumping 6% from a year ago, as rivals have posted stronger growth helped by sales of light trucks. “Pickups and SUVs are growing in the US market, helping the Detroit-based carmakers… Our light-truck supply was relatively low, but we are introducing a […]

Driverless trucks debut in Japan

A fleet of driverless trucks made its debut in Japan, staying in formation on the road and demonstrating they can save fuel while they do it. The New Energy and Industrial Technology Development Organization (NEDO), a public research and development group, rolled out four trucks, and only the lead vehicle had a driver. Driverless Cars […]

Japan growth data revision adds to recovery hopes

Japan has revised up its growth numbers for the first three months of the year, adding to hopes of a recovery in the world’s third-largest economy. The economy grew 1% between January and March, compared to the previous three months, indicating an annualised growth of 4.1%, the cabinet office said. That is up from the […]

At Shanghai show, Japan automakers woo lost sales

SHANGHAI (AP) — Japanese automakers promised special Chinese designs and green technology in addition to the usual flashy fanfare at this year’s Shanghai Auto Show, trying to woo back sales that crumpled during a territorial dispute over East China Sea islands late last year. China is the world’s biggest auto market by number of vehicles […]

Japan trade deficit hits record as yen weakens

http://www.bbc.co.uk/news/business/market_data/currency/12/14/default.stm Japan’s monthly trade deficit hit a record in January after its recent aggressive monetary policy stance weakened its currency sharply. Exports rose in January, the first jump in eight months, as its goods became more affordable to foreign buyers. However, a weak currency also pushed up its import bill resulting in a monthly trade […]

“Not the Jetsons yet, but our advanced active safety research car is leading the industry into a new automated era,” – Toyota.

Toyota has given a taste of self-drive car safety technology ahead of the Consumer Electronics Show (CES) in Las Vegas next week. The car maker revealed a video clip of a Lexus fitted with safety features designed to minimise car crashes. The technology includes on-board radar and video cameras to monitor the road, the surroundings, […]

2013 will be “a year of growth”.

YOKOHAMA, Japan–Nissan Motor Co. (7201.TO) chief executive Carlos Ghosn expects 2013 to be “a year of growth,” with the auto industry seeing a steady increase in global demand driven by the U.S. and emerging countries. While expressing optimism, Mr. Ghosn warned about uncertainties over the fate of debate on U.S. fiscal policy and persistent dour […]

Toyota sees Japan sales dropping 20 percent in 2013

Toyota Motor Corp (7203.T) expects Japan vehicle sales to fall by a fifth next year, in part due to the end of government tax incentives for fuel-efficient automobiles, domestic media reported, adding to the pain from a decline in China sales. Japanese vehicle sales account for 30 percent of Toyota’s total sales volumes, and industry […]