Central America: A Growing Middle Class and Changing Buying Preferences Bode Well for Suppliers of Auto Aftermarket Products.

Manufacturers and distributors of automobile parts, components, and accessories and automobile care equipment ought to consider growing their businesses by exporting to Central American countries such as El Salvador and Guatemala. Central America emerged as a key growth market for the auto industry, said Andres Castrillon, senior counsel for international affairs at the Auto Care […]

Japan Exports Jump More Than Forecast – Dec 2014

Japan’s exports rose more than forecast in December, reaching the highest level in six years and paring a record annual trade deficit caused by energy purchases and a surge in imports before April’s sales-tax increase. Overseas shipments climbed 12.9 percent from a year earlier, the finance ministry reported Monday, compared with the median estimate for […]

Improved business sentiment as Japanese yen hits pass 110

Business sentiment in Japan improved in the three months to September, the Bank of Japan’s Tankan survey showed on Wednesday. The headline index for big manufacturers’ sentiment rose to plus 13, above expectations of plus 10 in a Reuters poll and up from plus 12 in the previous quarter. “The big manufacturers index is actually […]

Japan export rebound offers hope for economic growth

(Reuters) – Japan’s exports rose in July for the first time in three months in a tentative sign that overseas demand is starting to recover, which could raise hopes that exports can offset a slump in consumer spending. The export data will be a relief for the Bank of Japan, which has predicated its economic […]

US auto sales hit 9-year high in May

DETROIT (AP) — Brisk demand for SUVs and pickup trucks — and five sunny weekends — pushed U.S. auto sales to a nine-year high in May. Chrysler, Nissan and Toyota all reported double-digit sales gains over last May. Even General Motors, battling bad publicity from a mishandled recall, surprised with a 13 percent sales increase. […]

FUSO starts by doubling sales in Africa

Kawasaki, Japan – Mitsubishi Fuso Truck and Bus Corporation (MFTBC), one of Asia’s leading commercial vehicle manufacturers, is showing strong growth in Africa. Almost doubling its sales in  the first two months of 2014 to 1,060 units from 580 units in the same period of 2013, sales have already reached the level of the results […]

Nissan forecasts global deliveries will climb 8.9% to 5.65 million vehicles this fiscal year, representing a global market share of 6.7%

Nissan Motor Co. (7201), Japan’s second-biggest carmaker, forecast profit that missed analysts’ estimates, as intensifying competition drives up incentive spending in the U.S. Net income will climb 4 percent to 405 billion yen ($4 billion) in the year ending March 31, the highest since the 2008 fiscal year, the Yokohama, Japan-based company said in a […]