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Nissan to take key stake in scandal-hit Mitsubishi Motors: sources
TOKYO (May 12): Nissan Motor Co is set to take a key stake in Mitsubishi Motors Corp, two sources familiar with the matter said, in a US$1.8 billion ($2.5 billion) deal that bails out its scandal-hit rival and boosts Nissan's clout in the small car ma
May 12, 2016
Toyota sees first profit drop in five years on yen strength
TOKYO (May 11): Toyota Motor Corp said annual net income will probably decline for the first time in five years, as currency swings that had spurred record profits now pose stiff headwinds.
May 11, 2016