The pressure is on for those earnings to support the market's current valuations, after weeks of choppy trading.» Read More
General Motors is trying to remake its flagging Cadillac brand with a new chief who will oversee growing the luxury brand around the world.
The islands, called Senkaku in Japan and Diaoyu in China, were already under Tokyo's control but are also claimed by Beijing. BAD ROAD TRIP: Toyota Motor Corp. said that sales of new vehicles in China dropped 48.9 percent in September from a year earlier.
TOKYO-- Sales of Japanese vehicles nosedived in China during September as anti-Japanese sentiment flared over a territorial dispute that threatens to hobble what was a booming business relationship between Japan and its biggest export market.
But the high-pitched row between Beijing and Tokyo over their ownership is exacting a growing toll on Japan, threatening to send its recovery from last year's disasters into reverse.
JAKARTA, Oct 9- Domestic motorbike sales in Indonesia, Southeast Asia's biggest economy, fell 14 percent in September from a year ago, a smaller drop than August's 36.8 percent, industry data showed on Tuesday. September sales were 620,499 motorbikes, up 44.6 percent on a monthly basis and led by Honda.
TOKYO-- Sales of Toyota and Honda vehicles nosedived in China during September as anti-Japanese sentiment flared over a territorial dispute that threatens to hobble what was a booming business relationship between Japan and its biggest export market.
The latest numbers on wholesale prices the dealers are paying shows not only how far prices have dropped, but also raises the questions of how much further they could slide.
"The banks' decision is further evidence that the unilateral actions by Japan is freezing bilateral relations and now starting to weigh on the world's economy," Xinhua cited Mei Xinyu, a researcher at the International Trade and Economic Cooperation Institution under China's Ministry of Commerce, as saying.
BEIJING, Oct 8- General Motors Co's auto sales in China climbed only 1.7 percent in September, barely benefiting from its Japanese rivals' plunging sales, in contrast to European and South Korean carmakers.
BEIJING, Oct 8- General Motors Co's September auto sales in China climbed only 1.7 percent in September, barely benefiting from its Japanese rivals' plunging sales, in contrast to European and South Korean carmakers.
A territorial dispute with China, which has disrupted Japanese firms operating on the mainland and hurt exports, is expected to deal a significant blow to Japan’s economy, which is already losing its momentum and could contract in the fourth quarter, JPMorgan said
Oct 8- The following are the top stories on the New York Times business pages on Monday. *The recall of 268,000 CR-V crossovers in the United States announced on Saturday was Honda Motor's third recall for the week.
*Toyota, Honda to cut working hours, slow line speed-Nikkei. TOKYO, Oct 8- Japan's Toyota Motor Corp, Nissan Motor Co and Honda Motor Co plan to slash production in China by roughly half, the Nikkei newspaper reported on Monday, as a territorial row between Asia's two largest economies cuts sales of Japanese cars in the world's biggest auto market.
TOKYO, Oct 8- Toyota Motor Corp, Nissan Motor Co and Honda Motor plan to roughly halve their production levels in China, the Nikkei reported on Monday, as a territorial row between the two countries cuts sales of Japanese cars in the world's biggest auto market. Nissan has two passenger car factories in China-- in Huadu and Zhengzhou-- with two lines each.
California motorists faced another day of record-breaking gasoline prices Sunday, though relief appeared to be on the way.
TOKYO, Oct 7- Honda Motor Co said it would recall about 489,000 CR-Vs in Europe and the United States after finding rain water may enter the vehicles' power window switch on the driver's door, which could ultimately cause the switch to overheat and catch fire.
It's a record, though just barely. The price of gasoline hit an all-time average high in California of $4.6140 a gallon Saturday, fueled by a reduced supply and a volatile market.
Honda Motor is recalling CR-V crossovers from the 2002 to 2006 model years because an electrical switch in the driver’s side door could melt and cause a fire. Separately, Chrysler said it was recalling trucks because of axle nut issue.
THE INVESTIGATION: Federal safety regulators are investigating Honda's Odyssey minivan and Pilot SUV because they can roll away unexpectedly. The agency will decide if the vehicles should be recalled.