Japanese OEMs coming under pressure
JAPAN: Auto steelmaker sees mid-year uptick
Nippon Steel, the world's second largest producer, will consider revising down its production outlook after seeing Toyota and Honda first-quarter…
US/UK: Honda inventory cuts to take several months
Honda Motor's US sales fall last month was similar to the 35% drop seen in December, and it would take…
JAPAN: Daihatsu foresees profit decline
Toyota subsidiary and small car specialist Daihatsu says it expects profit and sales to decline in fiscal 2008 for the…
JAPAN: January sales plunge a record
Domestic sales of new vehicles in Japan plunged 27.9% year on year last month to 174,281 units, a record drop…
THE WEEK THAT WAS: Looks like Japan’s turn now
I am of an age and disposition that is mostly optimistic. I have lived through recessions before, survived layoffs and…
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MEXICO: Toyota idling vehicle plant for five days
Toyota will idle a vehicle plant in northern Mexico for five days next month due to falling demand. "In response to…
UK: Toyota plants mull more cost cuts
Toyota Motor Manufacturing (UK) (TMMUK) is considering both short-time working or suspending production completely at its two plants here, possibly adding…
JAPAN: Nissan global output down 36% last month
Nissan Motor's global production in December fell 35.9% year-on-year to 176,174 units, the company said on Wednesday. Production in Japan…
JAPAN: Investors brace for lower automaker results
The news that Toyota is expecting to post its first ever operating loss in the full year to March 31…
JAPAN: Toyota global output off 22.8% in December
Toyota group worldwide production fell 22.8% year on year to 552,584 units last month. Hino truck output plunged the most,…