Nissan Motor views the Chinese market as “still healthy”

TOKYO — Nissan Motor views the Chinese market as “still healthy” and expects to achieve its sales target of 1.3 million vehicles there in fiscal 2015, CEO Carlos Ghosn told reporters Wednesday. The Japanese automaker’s sales in the world’s largest market edged 0.5% higher to 1.2 million units in the year through March, according to […]

Saudi Arabia Drives Surge in Spare Parts

Manufacturers and distributors of the GCC’s automotive aftermarket recently gathered in Dubai to discuss new opportunities in the region’s commercial vehicle (CV) market, as Saudi Arabia spearheads a regional surge in demand for CV spare parts and services. According to global analysts Frost & Sullivan, there are currently 750,000 trucks and buses on Saudi Arabia’s […]

Komatsu Profit Rises on Construction Equipment Sales

Komatsu Ltd., the world’s second-biggest maker of construction equipment, said third-quarter profit rose 5.5 percent, aided by sales in North America and a weaker yen. Net income rose to 38.5 billion yen ($326 million) in the three months ended Dec. 31 from 36.5 billion yen a year earlier, the Tokyo-based company said today in a […]

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 […]

Toyota and Nissan Butch Up Their Trucks

Toyota and Nissan haven’t made much of a dent in America’s booming pickup business of late, in part because they haven’t really tried. Nissan hasn’t overhauled its full-sized Titan pickup in 12 years. Toyota’s more popular midsized Tacoma has been largely unchanged for a decade. The listlessness is evident in their sales. Titan sales in […]

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 […]