Latest Yokohama News

Japanese automaker Nissan reports 92% jump in profit as sales surge

May. 09, 2024 05:36 AM EDT

TOKYO (AP) — Nissan’s profit for the fiscal year through March jumped 92% to 426.6 billion yen ($2.7 billion) as sales grew in all major global markets except China, the Japanese automaker said Thursday. Annual sales surged nearly 20% to 12.7 trillion yen ($81.5 billion), Nissan...

Japan's Nissan promises aggressive electrification push to cut costs, boost global sales

Mar. 25, 2024 04:29 AM EDT

TOKYO (AP) — Nissan will expand its electric vehicle lineup, develop more powerful batteries and cut production costs, while speeding up the whole process, in what the Japanese automaker’s chief called “The Arc” pathway to higher sales by 2030. “The auto industry is now...