Toyota may rethink Thai investment plans if crisis lingers

(Reuters) – Toyota Motor Corp (7203.T) may reconsider investing up to 20 billion baht ($609 million) in Thailand, and could even cut production, if political unrest drags on, the head of the Japanese automaker’s local unit said on Monday. Toyota is the largest car manufacturer in Thailand, producing 800,000 vehicles a year. Plans to increase […]

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 […]

Japan’s economy shows recovery signs in boost for Abe

Japan’s economy, the third largest in the world, expanded at its quickest pace in a year, showing signs of an economic recovery. Gross domestic product grew 0.9% in the three months to March compared to the previous quarter, indicating an annualised rate of 3.5%. Japan grew at a rate of 1% at the end of […]

2013 will be “a year of growth”.

YOKOHAMA, Japan–Nissan Motor Co. (7201.TO) chief executive Carlos Ghosn expects 2013 to be “a year of growth,” with the auto industry seeing a steady increase in global demand driven by the U.S. and emerging countries. While expressing optimism, Mr. Ghosn warned about uncertainties over the fate of debate on U.S. fiscal policy and persistent dour […]