Yen’s decline boosts shares but worries exporters

TOKYO — The yen has resumed its downward trajectory against the dollar, and some Japanese exporters, which would normally welcome such movement in their home currency, are now beginning to worry that it will hurt them instead via higher costs of imported materials. The yen declined by more than 1 to the dollar at one […]

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 […]

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 […]

“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, […]