Carmaker gives one of biggest warnings yet of conflict’s impact on businesses while Trump tariffs also take tollToyota has reported a £3bn hit from costs from the war in Iran, as prices of parts and materials soared and sales dropped.The world’s bigges…
Japanese carmaker will add self-driving abilities to 90% of cars in future and cut a fifth of its modelsBusiness live – latest updatesNissan has said it will add self-driving abilities to the vast majority of its cars and cut a fifth of its models in t…
Launch of third generation of Leaf follows investment of more than £450m into model, including £300m direct to UKNissan has started the production of its latest electric car in Sunderland, a crucial step in the UK automotive industry’s transition away …
London-based AI pioneer in talks to receive $500m investment from Nvidia as it funds its expansion in the US, Germany and JapanBritish startup Wayve has begun testing self-driving cars with Nissan in Japan ahead of a 2027 launch to consumers, as the co…
Fall in operating profits also due to losses on electric car sales in US but drop is less than manufacturer estimatedBusiness live – latest updatesThe Japanese carmaker Honda has reported a 50% drop in quarterly profits as it counted the cost of Donald…
Ivan Espinosa says UK plant will not be hit by cost cuts as Japanese firm reveals seven factories to closeBusiness live – latest updatesNissan’s new chief executive has said the Japanese carmaker would be open to building cars for a Chinese partner at …
Japanese carmaker blames worsening outlook on ‘competitive environment and deteriorating sales’Nissan says it expects to lose as much as £4bn this year because a turnaround plan will be more costly than expected.The expected loss at Japan’s third-large…
Japanese carmaker’s shares rise almost 10% after reports that a group wants US EV firm to put in moneyBusiness live – latest updatesElon Musk has rebuffed the idea that Tesla could put money into the struggling carmaker Nissan, after a report that said…
Nissan looking for another partner to help shift to electric cars after tensions over perceived imbalance, says sourceNissan is preparing to pulling out of merger talks with Honda in order to try to find another partner to help with the shift towards e…
Deal would create world’s third-largest carmaker in terms of annual sales amid competition from ChinaBusiness live – latest updatesHonda, Nissan and Mitsubishi have confirmed they are in talks over a possible three-way merger as the Japanese companies …
In part six of our series exploring myths surrounding EVs, we weigh up what will be the power of the futureDo electric cars really produce fewer carbon emissions?Are electric cars too expensive?Hydrogen is a beguiling substance: the lightest element. W…
UK-backed move could help spread cost of developing fighter jet and drones, but may prove controversialSaudi Arabia has asked the UK, Japan and Italy to be made a full partner in their joint effort to build the next generation of fighter jets, in a mov…
BAE Systems and Rolls-Royce among those funded, with aim of producing new aircraft by 2035The Ministry of Defence has awarded £650m to manufacturers working on its Tempest fighter jet, in the latest sign that the UK is pushing forward with the aim of p…
First demonstrator aircraft will fly ‘within next five years’ to test features such as stealth capabilityThe UK government has announced that it will work with Japan on plans for its next-generation Tempest fighter jet as executives from across the avi…
Ex-head of Renault and Nissan insists colleague held in Japan is innocent as he works to refute his own chargesCarlos Ghosn knows how compelling his story is. Born in Brazil to Lebanese parents, he scaled the corporate ladder to the very top of global …
Rolling live coverage of business, economics and financial markets as analysts contemplate end of ‘Abenomics’ and weaker dollar Andrew Bailey: “Going big and fast” gives central banks more firepower European stocks waver despite signal of longer stimu…