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 […]

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 […]

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 […]

Japan’s Isuzu Motors plans to sell 50,000 pickup vehicles in India

Japan’s Isuzu Motors aims to sell 50,000 pickup vehicles in India in the next few years to gain market leadership, a top company executive has said. The company, which has a fully owned subsidiary in Chennai, has earmarked Rs 3,000 crore for a 120,000 units per year manufacturing facility close by. Pickup vehicles, popular in […]

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 […]

Japanese manufacturers make up eight of the top 10 places in a used car reliability survey, but which is number one?

Honda took the top spot for the seventh year running and was one of eight Japanese manufacturers in the top 10, while premium car makers including Audi, Jaguar and Mercedes-Benz finished much further down the list, in 26th, 27th and 29th places respectively. The worst performing manufacturer was Land Rover, with 71 per cent of […]

Japanese car makers roar back

Japanese auto makers’ sales roared back in the U.S. last month and, unlike in years past, Detroit stuck with them by boosting sales in a market that for now appears to be defying the downdrafts threatening the broader economy. The three leading Japanese auto makers in the U.S. on Tuesday said sales surged in June […]