Yamato Life seeks bankruptcy protection
TOKYO, Oct. 10 (UPI) -- Yamato Life Insurance Co., a nearly century-old Japanese insurer, sought bankruptcy protection Friday, becoming a victim of the current global financial crisis.
Toyota offers zero-percent financing
DETROIT, Oct. 4 (UPI) -- Toyota Motor Corp. is responding to disastrous September sales figures by rolling out a zero-percent interest financing plan, the company said.
BOJ leaves interest rate unchanged
TOKYO, Sept. 17 (UPI) -- Japan's central bank Wednesday left its key interest rate unchanged at 0.5 percent, following a similar decision by the U.S. Federal Reserve.
Japanese banks' exposure disclosed
TOKYO, Sept. 9 (UPI) -- Major Japanese banks as of June held about $93 billion in bonds and securities of U.S. government bailed out mortgage giants, the government said Tuesday.
Japan corporate failures rise
TOKYO, Sept. 8 (UPI) -- Japan's corporate bankruptcies rose to 1,254 in August, up 4.2 percent from the same month of last year, a private credit research agency said Monday.
Toyota halves RAV4 plant production
WOODSTOCK, Ontario, Sept. 5 (UPI) -- Toyota Motor Corp. will cut sport utility vehicle production at a yet-to-open plant in Woodstock, Ontario, by 50 percent, the Japanese automaker said Friday.
Eels may have been falsely labeled
TOKYO, Aug. 30 (UPI) -- Officials say a Japanese firm may have falsely labeled as many as 3.3 million eels as being domestically produced.
Toyota scales back 2009 projection
TOKYO, Aug. 28 (UPI) -- Toyota Motor Corp. will sell hundreds of thousands fewer vehicles next year than it had projected earlier, the Japanese automaker said Thursday.
Toyota to put hybrid engine in all models
TRAVERSE CITY, Mich., Aug. 16 (UPI) -- All Toyota models will have hybrid engines by 2020, the company has announced at an automotive conference.
Nissan to supply Chrysler with small cars
TRAVERSE CITY, Mich., Aug. 13 (UPI) -- Chrysler LLC said it would invest $1.8 billion in a Michigan plant and work with Nissan to supply small cars to North and South America.
India nuclear energy market attracts Japan
NEW DELHI, Aug. 11 (UPI) -- India's nuclear energy market has drawn Japan's attention, even as it firms up its stand on the Indo-U.S. civilian nuclear deal.
Toyota Income Falls in 'Severe' Quarter
DETROIT -- Toyota Motor Corp. said Thursday that its first-quarter net income dropped 28.1 percent to 353.6 billion yen, or $3.2 billion, mainly because of the impact of exchange rates between the yen and the dollar, higher raw material costs and the turbulent U.S. market. But it remained the world's most profitable automaker.
Toyota Profits Plunge Due to U.S. Challenges
DETROIT -- Toyota Motor Corp. said Thursday that its first quarter net income dropped 28.1 percent to 353.6 billion yen, or $3.2 billion, mainly due to the impact of exchange rates between the yen and the dollar, higher raw material costs and the turbulent U.S. market.
Toyota profits down with sales robust
NAGOYA, Japan, Aug. 7 (UPI) -- Shrinking sales in the United States helped push Toyota Motor Corp.'s second-quarter net profit down 28.1 percent from a year ago, the company said.
Japan, others to cut tuna catch
TOKYO, Aug. 2 (UPI) -- Japan says it is teaming with China, Taiwan and South Korea in an effort to replenish dwindling tuna stocks in the Pacific Ocean.
Nissan offers 6,600 workers buyouts
FRANKLIN, Tenn., July 30 (UPI) -- Nissan said Wednesday it was offering autoworkers at two Tennessee plants between $100,000 and $125,000 each to leave their positions.
Toyota mulls price hikes for Prius, Lexus
TOKYO, July 27 (UPI) -- Toyota Motor Corp. is considering raising the price of its hybrid Prius and luxury models in Japan to help offset higher material costs, an executive said.
Toyota's sales edge widens
TORRANCE, Calif., July 23 (UPI) -- Toyota Motor Corp. has a slim, but widening lead in the race to beat U.S. auto giant General Motors Corp. in total vehicle sales for the year, sources said.
Nissan move shows Southern hospitality
FRANKLIN, Tenn., July 22 (UPI) -- Nissan North America opened its new U.S. headquarters in Franklin, Tenn., Tuesday as local leaders gauged the impact of the area's new employer.
Honda Rancher ATVs recalled
WASHINGTON, July 18 (UPI) -- The U.S. Consumer Product Safety Commission announced a voluntary recall of Honda all-terrain vehicles due to risk of losing control.
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