Asian markets declined in tepid trade on Tuesday as investors digested a raft of Chinese economic reports and ignored a record close on Wall Street.» Read More
AGUASCALIENTES, Mexico, Nov 12- Japan's Nissan Motor Co Ltd will be producing 1 million cars in Mexico by 2016, cementing Mexico's position as export hub for Nissan in the Americas, Chief Executive Carlos Ghosn told Reuters on Tuesday as he inaugurated a $2 billion plant.
The automaker is betting a new, world-class assembly plant in Mexico will position the Japanese automaker for a new wave of growth.
This city of 1 million people is ground zero for Nissan's expansion plans in North and South America.
*Citizen Holdings jumps to 5- year high on strong forecasts. TOKYO, Nov 11- Japan's Nikkei share average jumped 1.3 percent on Monday morning, rebounding from the previous session's selloff after an unexpectedly strong U.S. jobs report put to bed any lingering concerns about the pace of economic recovery.
TOKYO, Nov 6- Toyota Motor Corp is closing in on a record profit set before the Lehman crisis after topping up its annual net profit forecast by nearly $2 billion and outperforming Japanese rivals as its expansion plans bear fruit.
TOKYO, Nov 6- The Tokyo Stock Exchange is launching a new index comprised of companies with high return on equity and strong corporate governance to appeal to investors, amid a strong rally in Japanese shares this year.
TOKYO, Nov 6- Toyota Motor Corp raised its annual profit forecast on Wednesday, closing in on records set before the Lehman crisis as the weaker yen and growing sales in a healthy U.S. market sharply boost earnings.
James Chao, Director, Asia Pacific at IHS Automotive Consulting, talks about the current state of Japanese automakers, and says Toyota's fundamentals are pretty positive.
Despite beating the street by a penny and reporting earnings that were above estimates, Tesla shares were slammed in after-hours trading.
As Tesla shares soared, so did chatter of the electric car company reporting third-quarter earnings that might top initial estimates.
*Nissan cuts guidance, sags as much as 11.6 pct to 7- mth low. TOKYO, Nov 5- Japan's Nikkei average stabilised on Tuesday after two days of losses as gains made by companies such as farm equipment maker Kubota Corp after lifting earnings forecasts countered Nissan Motor Co Ltd's plunge on weaker guidance.
DETROIT, Oct 31- U.S. auto sales to be reported on Friday are expected to be up 12 percent from a year ago as the federal government shutdown did not greatly impact consumer purchases.
That was better than the average 119 problems and beat global names such as General Motors Co's Buick and Chevrolet, Ford, Nissan and Honda.
*Subaru maker Fuji Heavy raises full-year profit forecast 40 pct. *Subaru output capacity topped up for sixth time in barely a year.
The impact was mostly superficial, with European shares opening down just 0.2 percent after MSCI's index of Asia-Pacific shares outside Japan had edged back 0.6 percent. In Asia, sentiment was helped by the Bank of Japan's decision to stick with a massive stimulus program that has shown tentative signs of breaking the grip of deflation.
Asian stocks tracked their U.S. peers lower on Thursday following a slightly less dovish than expected tone from the Federal Reserve.
*Honda Motor down on disappointment it didn't upgrade earnings f'cast. TOKYO, Oct 31- Japan's Nikkei share average pulled back from a one-week high on Thursday morning on earnings concerns, with blue-chips Toshiba Corp and Honda Motor Co Ltd coming under pressure after reporting quarterly results.
*Europe loss narrows, sales in region rise for first time in 2 yrs. Like its smaller U.S. rival, Ford Motor Co, GM also offered a more optimistic picture of Europe, where the company's revenue rose for the first time in two years.
DETROIT, Oct 30- General Motors Co on Wednesday posted a better-than-expected third-quarter profit as the U.S. automaker's new lineup of pickup trucks and other revamped models boosted North American results, and revenue rose in Europe for the first time in two years.
TOKYO, Oct 30- Honda Motor Co is on track for its best annual profit in five years and a rosier longer-term future, boosted by the popularity of the new Fit subcompact which left the company struggling to keep up with demand.