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In this photo released by Nissan Motor Co., Nissan Chief Executive Makoto Uchida speaks during a shareholders meeting in Yokohama, near Tokyo, Monday, June 29, 2020. Uchida told shareholders he is giving up half his pay after the Japanese automaker sank into the red amid plunging sales and plant closures in Spain and Indonesia. Uchida apologized for the poor results and promised a recovery by 2023, driven by cost cuts and new models showcasing electric-car and automated-driving technology. (Nissan Motor Co. via AP)

Nissan officials face angry shareholders on red ink, scandal

Jun. 29, 2020 5:50 AM EDT

TOKYO (AP) — Nissan Chief Executive Makoto Uchida told shareholders Monday he is giving up half his pay after the Japanese automaker sank into the red amid plunging sales and plant closures in Spain and Indonesia. Uchida apologized for the poor results and promised a recovery by 2023, driven by cost cuts...

FILE - In this April 24, 2020, file photo, a man wearing a face mask to help stop the spread of the new coronavirus stands in a middle of a walking street in the Shinjuku ward in Tokyo. Recession-hit Japan's exports plunged nearly 22% in April, the country's worst drop in more than a decade as the coronavirus pandemic slammed global demand, the Finance Ministry said Thursday, May 21, 2020. (AP Photo/Eugene Hoshiko, File)

Recession-hit Japan's exports, imports fall due to pandemic

May. 21, 2020 1:42 AM EDT

TOKYO (AP) — Recession-hit Japan's exports plunged nearly 22% in April, marking their worst drop in more than a decade, as the coronavirus pandemic slammed global demand for autos, machinery and chemicals. Imports fell 7% from a year earlier, according to Finance Ministry data released Thursday. The drop...

This photo provided by Honda North America shows the Honda CR-V, a compact SUV that has received a number of noteworthy updates for 2020, including more standard driver aids. (Courtesy of Honda North America via AP)

Edmunds: Best updated cars for 2020

May. 20, 2020 9:07 AM EDT

In every new vehicle’s lifespan between full redesigns, there is usually a refresh or what’s called a “midcycle update.” A refresh varies from minor design tweaks to new engines and improved in-car tech. It's a way to keep a vehicle looking and feeling fresh after a few years on the...