Toyota, Honda: Bright outlook on Chinese market
TOKYO – Japan’s two biggest car manufacturers, Toyota Motor and Honda Motor more than doubled their operating profit forecasts, helped by recovering demand in China as it rebounds from the coronavirus pandemic. While China’s trade friction and worsening ties with the … Continue reading Toyota, Honda: Bright outlook on Chinese market
Automakers concerned about parts shortage
Tokyo – The global auto industry has begun feeling the impact of the coronavirus outbreak as factory shutdowns in China threaten a vital source of parts. As product quality improved in China, Toyota, Honda and Nissan have increased their use of … Continue reading Automakers concerned about parts shortage