Japan’s Isuzu Motors is to spend 30 billion yen ($382 million) to build new factories in China and India to tap rising demand for pickup trucks in the fast-growing markets

Japan’s Isuzu Motors will spend 30 billion yen ($382 million) to build new factories in China and India to tap rising demand for pickup trucks in the fast-growing markets, a report said on Tuesday. The new plants will together produce about 200,000 trucks a year, boosting Isuzu’s annual pickup capacity by about 50 percent to […]

Nissan profits jump as global sales hit record high

For the full year ending in March 2012, Nissan reported net income of 341.4bn yen, a 7% rise on the previous year. Nissan, Japan’s second-biggest carmaker, outperformed rivals Toyota and Honda, both of which reported falling profits. Japanese carmakers have had to deal with many challenges in the past 12 months, including disruption to production […]