China’s Light Vehicle (LV) market contracted by 18% year-on-year (YoY) in March, to approximately 1.9 million units.
The West European car market grew for a third consecutive month in April - but there are concerns over the outlook.
Rising recalls and the rise of the software-defined vehicle suggest need for a new approach from automotive OEMs.
The Japanese automaker posted operating income of Y3.76tn ($39.81bn) for the fiscal year ended March 2026, with a Y1.38tn tariff impact outweighing benefits from higher vehicle sales volumes, pricing revisions and growth in value chain revenues.
The EV manufacturer posted a net loss of $383m for the three months to 31 March 2026, a 130.7% deterioration year-on-year.
