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 […]

Nissan Motor Co Ltd (7201.T) said on Friday it was investing 11 billion baht ($358 million) to build a second assembly plant in Thailand that will have an annual production capacity of 75,000 vehicles when it opens in August 2014.

Capacity would eventually be raised to 150,000 vehicles. “Adding 150,000 units of production capacity will not only enable us to raise our competitiveness in the domestic market but will ensure Thailand’s position as a key strategic global export hub for Nissan,” executive vice-president Hiroto Saikawa said in a statement.

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 […]

Mitsubishi Makes Its All-Electric Car Most Affordable in the US

Mitsubishi Motors Corporation earlier this week announced that its 2012 model all-electric powered i-MiEV (Mitsubishi innovative Electric Vehicle) car or simply “i”, will have an entry-level base price of $29,125 (excluding destination charges and federal and state tax incentives) when it begins its nationwide rollout this summer in the United States market…… Given increasing alternative […]

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