News

Investor Calls for Overhaul at Toyota’s Largest Subsidiary Amid Data Scandals

A significant investor in Toyota Industries Corporation (TIC), the leading global manufacturer of forklift trucks with additional interests in automobiles, textiles, and electronics, has pointed to the complex structure of the Toyota Group as a contributing factor to recent data falsification scandals. GMO, managing assets worth $60 billion and holding shares in TIC for over …

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Looks Like The Next Nissan Skyline Will Be (You Guessed It) An EV

In the ever-evolving narrative of Japanese automotive excellence, the Nissan Skyline stands as a titan among enthusiasts, particularly for its storied association with high-performance sports cars. However, a recent report has cast the future of this iconic nameplate in a new, electrified light, suggesting a significant transformation into a battery-electric vehicle (BEV), encompassing both sedan …

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Two Uber-Rare Nissan Skyline GT-R R34 Models Hit the U.S. Auction Scene

In a thrilling update for classic sports car enthusiasts and collectors, the iconic R34 Nissan Skyline GT-R has officially crossed the 25-year threshold, making early versions of this coveted model eligible for import into the United States. Legal avenues have already paved the way for these automotive legends, with a duo of special-edition M-Spec Nür …

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Nissan Initiates Recall on LEAF Models Over Rearview Camera Issue

In a recent announcement, Nissan has initiated a recall affecting 57,914 units of its LEAF models ranging from the years 2018 to 2022. The recall stems from an issue where the rearview camera’s display image may become distorted or fail to appear altogether. This problem is attributed to potential damage to the camera’s harness, posing …

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Nissan Faces Steep Challenges in China as Shares Plunge

In a significant market downturn, Nissan Motor’s shares fell sharply by 12% on Friday, marking the company’s most substantial decline in over twenty years. This drop came on the heels of the automaker’s quarterly earnings missing expectations significantly and a reduction in its global car sales forecast, highlighting intense competition in China. China’s burgeoning market …

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Honda Boosts Profit Forecast Amid Strong North American Demand, Nissan Sees Net Profit Surge

In a recent financial update, Honda has raised its annual profit outlook, attributing the positive adjustment to a robust dollar and increasing demand in North America. This announcement came alongside Nissan’s impressive performance report, which highlighted a nearly threefold increase in its net profit compared to the previous year. Honda has now set its annual …

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Nissan to Adopt Cheaper Lithium-Ion Batteries for Emerging Markets by 2026

Nissan Motor has embarked on an ambitious initiative to manufacture lithium-ion batteries using more cost-effective materials, targeting their integration into electric vehicles (EVs) destined for emerging markets by 2026, according to a report by Nikkei. This strategic move positions Nissan to leverage lithium iron phosphate (LFP) batteries, which are approximately 20% to 30% less expensive …

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Toyota Achieves Record Sales in 2023, Emphasizes Continued Commitment to Combustion Engines

In a year of record-breaking sales, Toyota has demonstrated that its success is not solely dependent on the burgeoning electric vehicle (EV) market. The automotive giant reported a monumental sales figure of 11,233,039 vehicles in 2023, yet only a fraction of these, specifically 104,018 units, were EVs, accounting for a mere 0.926 percent of total …

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Toyota Announces Urgent Recall of 50,000 Older Vehicles in the U.S. due to Potentially Fatal Air Bag Inflators

In a significant development, Toyota Motor has issued a critical recall notice for approximately 50,000 older vehicles in the United States, citing severe risks associated with Takata air bag inflators. The Japanese automotive giant strongly advises owners of the affected vehicles to seek immediate repair services to prevent potential fatalities. The recall specifically targets certain …

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