Hans Greimel

The automaker lifted its annual earnings guidance on the easing chip shortage and a better sales outlook as business picks up in the U.S.

The American father-son team that spirited former Renault-Nissan boss Carlos Ghosn out of Japan inside a box were sentenced to years in a Japanese prison after a judge rejected their pleas for leniency.

Toyota's Woven Planet is making a second major acquisition, buying U.S.-based Carmera in a deal designed to jump-start its development of next-generation high-definition mapping technologies for automated vehicles.

A barrage of shareholder blowback at the company's annual meeting shows that the 2018 ouster of its former chairman continues to haunt the automaker.

The trial of the Taylors is painting a fuller picture of Ghosn's dramatic flight from Japan, hidden inside an oversized box that was wheeled onto a private jet and flown out of the country.

The question of his worth is central to the charges against Nissan's longtime CEO and to the ongoing trial of co-defendant Greg Kelly.

Toyota debuted a new hydrogen-burning engine it says holds big potential for the company, the industry and carbon-neutrality goals in a world gone gaga over EVs.

As margins came under pressure amid the pandemic, Toyota, Nissan, Honda and Mazda raced to improve their ability to churn out profits even while churning out fewer vehicles. 

In the recent quarter ending March 31, Honda posted an operating profit of $1.93 billion following a $51 million loss a year earlier. Revenue advanced 5 percent to $32.85 billion.

Operating profit at Mazda bounced back as sales recovered from the pandemic slump and the company curbed marketing costs.

The automaker's operating profit surged to $6.26 billion in the fiscal fourth quarter as it booked a 9 percent profit margin on rebounding sales, up from 5.2 percent a year earlier.

Subaru has tapped the name Solterra for its first mass-market electric vehicle, saying the new battery-powered crossover will go on sale by mid-2022 in Europe.

Honda will phase out internal combustion engines in all new cars by 2040 under an aggressive electrification plan unveiled by the company's new CEO Toshihiro Mibe.

The auto show, which survived a recession, an earthquake-tsunami and the rivalry of bigger, bolder auto events in China, has finally folded under the pressure of the COVID-19 pandemic.

Genesis unveiled a battery-powered version of its G80 sedan as the brand's first full-electric model, promising sporty acceleration and a generous driving range.