Toyota’s global production declines for 10th month despite rising sales
Toyota’s global production declines for 10th month despite rising sales

Toyota Motor Corporation reported its 10th consecutive monthly decline in global production for November, even as sales rose for the second straight month. The Japanese automaker produced 869,230 vehicles worldwide, a 6.2% drop compared to the same month last year and a steeper decline than...

Honda, Nissan inks deal to enter age of electric cars
Honda, Nissan inks deal to enter age of electric cars

Honda and Nissan confirmed on Monday that they had inked a memorandum of understanding as the Japanese automakers struggle with competition from rival brands in the electric vehicle (EV) market. The merger would create the third largest car maker by sales, behind Toyota and Volkswagen. Nissan...