TOYOTA MOTOR’S GLOBAL OUTPUT DOUBLED IN APRIL

Highlights –

• Toyota Motor’s global output doubled in April.
• Global sales doubled to 859,448 units.
• Sales in Japan itself including mini vehicles, rose 27.1 percent from a year earlier to 124,017 units.
• Overseas output...

TOKYO STOCKS END HIGH OVER STRONG EXPORT DATA ON THURSDAY

Highlights –

• Tokyo stocks end high over strong export data on Thursday.
• The 225-issue Nikkei Stock Average ended up 53.80 points, or 0.19 percent.
• Stocks gained in textile and apparel, metal product and rubber product issues.
<...

TOYOTA MOTOR TO HOLD OFF PRODUCTION LINES OVER CHIP SHORTAGE

Highlights –

• Toyota Motor to hold off production lines over chip shortage.
• The company plans to halt two of its plants for around 8 days in June.
• The suspension of production will affect around 20,000 vehicles.
• Toyota expec...

CHIP SHORTAGE LIKELY TO HAMPER MAZDA’S GLOBAL PRODUCTION IN FY 2021

Highlights –

• Chip shortage likely to hamper Mazda’s global production in FY 2021.
• Global production of car may be reduced to 100,000 vehicles a year.
• In April, Mazda expects an output cut of 14,000 vehicles.
• The autom...

GLOBAL OUTPUT OF JAPANESE AUTOMAKERS FELL BY 4.5 PERCENT IN JANUARY

Highlights –

• Global output of Japanese automakers fell by 4.5 percent in January.
• Toyota Motor Corp. and Nissan Motor Co. saw their production rise in the month.
• Toyota’s global sales in January were up 4.6 percent.
• N...

TOKYO STOCKS ON TUESDAY RISE OVER IMPROVED CONDITION IN WALL STREET

Highlights –

• Tokyo stocks on Tuesday rise over improved condition in Wall Street.
• The 225-issue Nikkei Stock Average was up 285.15 points.
• Topix index of all First Section issues on the TSE was up 17.56 points.
• Stock issues...

TOYOTA MOTOR FOR THE 1ST TIME IN 5 YEARS RANKS TOP IN GLOBAL AUTO SALES IN 2020

Highlights –

• Toyota Motor for the 1st time in 5 years ranks top in global auto sales in 2020.
• In 2020, Toyota sold 9.53 million units globally.
• Toyota group sold 2.16 million vehicles including minicars in Japan in 2020.
• Th...

JAPANESE AUTOMAKER SUBARU CORP.’S CHIP SHORTAGE LEADS TO HALT DOMESTIC PRODUCTION

Highlights –

• Japanese automaker Subaru Corp.’s chip shortage leads to halt domestic production.
• Subaru is said to halt output at its assembly and engine factories in Gunma Prefecture.
• Subaru manufactures about 700,000 vehicles a...

MOTEGI DISCUSSES POST-PANDEMIC BUSINESS TIES WITH S. AFRICA’S NALEDI PANDOR

Highlights –

• Motegi discusses post-pandemic business ties with S.Africa’s Naledi Pandor.
• Japanese companies are eager to enter the African continent market.
• The ministers have agreed to convene a forum to discuss the bilateral i...

NISSAN MOTOR CO. UPGRADES ITS FISCAL 2020 EARNINGS, EXPECTS GROUP NET LOSS

Highlights –

• Nissan Motor Co. upgrades its fiscal 2020 earnings, expects group net loss.
• Nissan expects a group net loss of $5.8 billion.
• Nissan had previously expected 670 billion yen in loss for fiscal 2020 through next March.
...

TOYOTA RAISED ITS NET PROFIT FORECAST FOR FISCAL 2020 TO $14 BILLION

Highlights –

• Toyota raised its net profit forecast for fiscal 2020 to $14 billion.
• The carmaker company projected sales at 26 trillion yen.
• The company raised its global sales plan to 9.42 million vehicles from 9.1 million units.
...

TOKYO STOCKS TRADING FELL ON TUESDAY MORNING

Highlights –

• Tokyo stocks trading fell on Tuesday morning.
• The 225-issue Nikkei Stock Average traded low by 32.74 points.
• Topix index was down by 2.20 points.
• Stock issues decline in mining, oil and coal product, and non-f...

GLOBAL OUTPUT OF 8 MAJOR JAPANESE AUTOMKAERS FALLS IN AUGUST

Highlights –

• Global output of 8 major Japanese automakers falls in August.
• Output fell by 12.1 percent in August to 1.87 million units.
• Toyota produced 634,217 vehicles, down by 6.7 percent.
• Suzuki’s global output tot...

EARLY RETIREMENT FOR UP TO 600 WORKERS AT MITSUBISHI MOTORS CORP.

Highlights –

• Early retirement for up to 600 workers at Mitsubishi Motors Corp.
• The automaking company is considering the process to start from mid-November.
• The move comes as a part of the company’s restructuring plan.

LOAN GUARANTEE OF $1.2 BILLION GIVEN TO NISSAN MOTOR CO.

Highlights –

• Loan guarantee of $1.2 billion given to Nissan Motor Co.
• The Development Bank of Japan (DBJ) gave the loan guarantee as part of the COVID-19 relief fund.
• Nissan had reported a net loss of $631 million.
• DBJ had...

NISSAN DEVELOPS NEW TECHNIQUE TO DEVELOP HIGH-TECH AUTO PARTS

Highlights –

• Nissan develops new technique to develop high-tech auto parts.
• The company currently faces a scandal over the criminal trial of former Chairman Carlos Ghosn.
• A ground breaking technique for making auto parts in racing ca...

FORMER CHIEF EXECUTIVE OF MITSUBISHI MOTORS’ OSAMU MASUKO PASSED AWAY

Highlights –

• Former Chief Executive of Mitsubishi Motors’ Osamu Masuko passed away due to heart failure.
• He was responsible for creating a successful alliance with Nissan Motors’.
• He was a special advisor to Mitsubishi Mo...

POSSIBLE TALKS FOR MERGER BETWEEN NISSAN MOTOR CO. AND HONDA MOTOR CO. EXPECTED THIS YEAR

Highlights –

• Possible talks for a merger between Nissan Motor Co. and Honda Motor Co. expected this year.
• The suggestion of a merger was made at the end of last year.
• Japanese government officials are worried over Nissan’s alli...

TOKYO STOCKS OPENED WITH WEAKER YEN ON WEDNESDAY

Highlights –

• Tokyo stocks opened with weaker yen on Wednesday.
• 225-issue Nikkei Stock Average rose by 38.91 points.
• Topix index was up by 12.43 points.
• Yen opening weak boosted exporters' purchase.

To...

NISSAN MOTOR UNVEILED A PLAN TO RECOVER FROM TUMBLING PROFITS AND ANNUAL LOSS

Highlights

• It plans to become a smaller and more cost-efficient automaker
• It will slash its production capacity and model range

On Thursday, Nissan Motor Co unveiled a plan to become a smaller, more cost-efficient automaker. It is an...