Author: Hans Greimel

Toyota’s operating profit flatlined in the latest quarter as cost increases and lackluster sales offset a more profitable product mix and foreign exchange windfalls.

Toyota’s operating profit remained steady in the latest quarter as cost increases and lackluster sales offset a more profitable product mix and foreign exchange windfalls.

With Carlos Ghosn out of the way, the Renault-Nissan-Mitsubishi alliance is ready to return to business as usual. Or maybe not.

The venerable CR-V was a double-edged sword for Honda in the latest quarter. The compact crossover was the brand’s top-selling nameplate. But rising incentives on the model as well as a recall to fix an engine glitch undercut earnings.

Mitsubishi is circling wagons with Japanese ally Nissan against any plan to fold the domestic duo into a holding company with alliance partner Renault. CEO Osamu Masuko said a holding company isn’t an option. 

Mitsubishi is circling wagons with Japanese ally Nissan against any plan to fold the domestic duo into a holding company with alliance partner Renault. CEO Osamu Masuko said a holding company isn’t an option. 

Nissan faces an inquiry from the U.S. Securities and Exchange Commission following the automaker’s indictment in Japan for allegedly making false disclosures in its annual securities reports about compensation owed to former Chairman Carlos Ghosn.

With Carlos Ghosn out at Renault after his ejection from Nissan, the Franco-Japanese alliance enters a new era, if only because there is no final arbiter at the helm.

Toyota is gearing up for a shift into electric vehicles with plans to make its own next-generation batteries with electronics giant Panasonic and even sell them to other automakers.

Nissan has scheduled an extraordinary shareholders meeting to discharge indicted directors Carlos Ghosn and Greg Kelly as well as appoint a new Renault-nominated one.