The shares of Japan's three largest carmakers were mixed in Tokyo trading. Toyota's shares fell 0.2 per cent to 4,040 yen (US$38.38) and Nissan's shares declined 1.3 per cent to 1,100 yen (US$10.45) while Honda shares rose almost 1 per cent to 5,550 yen (US$52.73).
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Japan Cars Meet Demand
Japanese carmakers Toyota Motor Corp, Nissan Motor Co and Honda Motor Co, said they made more..
Japanese carmakers Toyota Motor Corp, Nissan Motor Co and Honda Motor Co, said they made more vehicles globally in January to meet rising demand in North America and Asia.
Nissan, which released six new models in five months through January, made 17.2 per cent more vehicles last month. Honda, maker of the Ridgeline sport-utility vehicle, raised output by 12.3 per cent while Toyota made 4.9 per cent more vehicles, according to separate statements. Mazda Motors Corp and Mitsubishi Motors Corp both cut production last month.
Record sales in North America, Japan and China are likely to help Toyota, Nissan and Honda report record earnings in their financial years ending March. European and US competitors like General Motors Corp and Ford Motor Co have had to make fewer vehicles as sales slowed. General Motors, the world's largest carmaker, cut first-quarter production by 2 per cent.
The shares of Japan's three largest carmakers were mixed in Tokyo trading. Toyota's shares fell 0.2 per cent to 4,040 yen (US$38.38) and Nissan's shares declined 1.3 per cent to 1,100 yen (US$10.45) while Honda shares rose almost 1 per cent to 5,550 yen (US$52.73).
The shares of Japan's three largest carmakers were mixed in Tokyo trading. Toyota's shares fell 0.2 per cent to 4,040 yen (US$38.38) and Nissan's shares declined 1.3 per cent to 1,100 yen (US$10.45) while Honda shares rose almost 1 per cent to 5,550 yen (US$52.73).
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