Japanese automaker Honda Motor anticipates a substantial Y450bn ($3bn) impact on its full-year profit as a result of US ...

Japan's Honda Motor Co. announced its earnings outlook for fiscal year 2025, projecting a sharp 70.1-percent decline in net profit to 250 billion yen ...

All three of Japan’s largest carmakers are struggling with tough market conditions in the world’s two largest economies. In ...

The pace of Subaru’s EV rollout and the amount of money it plows into the technology is under review as the company braces ...

The automaker has been badly damaged by weakening sales in the U.S. and China, and then saw merger talks with Honda collapse.

Nissan has introduced sweeping new cost cuts, saying it will close 7 manufacturing plants and eliminate 11,000 more jobs. The ...

Nissan Motor Company reported a net loss of JPY 671 billion (US$4.55 billion) in the 2024 fiscal year (FY2024).

The new job cuts will bring Nissan's total U.S. workforce reduction to around 20,000 jobs, after it previously announced plans to cut 9,000 U.S.-based positions. It will cut the number of its ...

The combined operating profits of six major automakers are expected to decline more than ¥2 trillion, according to their ...

The move by the Trump administration to lower tariffs on goods from China to 30% from 120%, still offers limited reprieve for ...

Nissan's global CEO Ivan Espinosa has pulled no punches in imposing sweeping cost-cutting measures to get the ailing Japanese ...

New management at Nissan has implemented a bold turnaround plan after reporting a net loss of $AU7 billion, starting with ...