China fines Japanese car parts firms for price-fixing

China has levied a record fine totalling 1.24bn yuan ($202m; £121m) on twelve Japanese car parts companies for price-fixing. The country’s anti-monopoly regulator said the companies were found to have colluded to reduce competition. Japan’s Sumitomo Electric and Mitsubishi Electric were among the firms that received the heaviest fines. The ruling comes amid a crackdown […]

Nissan plans to sell cheaper Leaf

Japanese carmaker Nissan (7201.T) plans to offer a lower-priced version of its Leaf electric car, which has been selling well below the company’s predictions, the Financial Times reported on Monday. Nissan sold fewer than 12,000 Leafs in the first half of this fiscal year, up 11 percent on last year, but falling well short of […]

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 […]