Page 16 - David Dolan News Today

Toyota Motor on Tuesday posted a 93.7% jump in first-quarter operating profit to 1.12 trillion yen , with results boosted by a weak yen and increased sales. ...

Toyota will strengthen development of electric vehicle technology in China, the automaker said on Monday, as it looks to catch up with increasingly tough domestic competition in the world's largest auto market. It recently detailed an ambitious new EV strategy that includes an overhaul of its supply chain and the development of long-range batteries. China was once regarded by foreign automakers as an opportunity for almost boundless growth.

Japan's Panasonic Holdings posted a 42% rise in first quarter profit on Monday, buoyed by a weaker yen and stronger sales in its automotive and energy segments, while it stuck to its full-year outlook. Panasonic, whose energy unit makes batteries for Tesla Inc, said operating profit came to 90.37 billion yen ($637 million) in the three months to end-June, versus the 91.18 billion yen average forecast in a poll of 11 analysts by Refinitiv. Its battery unit, Panasonic Energy, and Subaru sai...

By Makiko Yamazaki and Anton Bridge TOKYO (Reuters) -Two of Japan's megabanks reported solid quarterly profits on Monday amid hopes the Bank of Japan'...

TOKYO (Reuters) -Toyota will strengthen its development of electric vehicle technology in China, the automaker said on Monday, as it looks to catch up with ...

Japans Panasonic Holdings on Monday posted a 42% rise in first-quarter profit to 90.37 billion yen , largely matching analysts estimates. Operating profit for the three months to...

Osaka Organic Chemical Industry, a Japanese manufacturer of high-end chemicals used in chip production, is betting on the materials market for extreme ultraviolet (EUV) lithography, a method for making advanced chips. Little known even in its home country, Osaka Organic has carved out a critical niche in the semiconductor industry by supplying companies that make photoresists, the light-sensitive chemicals used to etch patterns on wafers. It already has a 70% share of the market for the argon...

Nissan and Renault on Wednesday finalised the terms of their revamped alliance, with the Japanese automaker committing to invest up to 600 million euros in its partners electric vehicle unit...

Nissan and Renault on Wednesday finalised the terms of their revamped alliance, with the Japanese automaker committing to invest up to 600 million euros in Renaults electric vehicle unit Ampere....

Japans Nissan Motor roughly doubled its first-quarter profit on Wednesday, boosted by higher production and sales in North America and Japan and a weaker yen and it lifted its full-year outlook. ...