. Medical and Hospital News .




CAR TECH
Toyota, Nissan announce record sales for 2012
by Staff Writers
Tokyo (AFP) Jan 28, 2013


Toyota and Nissan on Monday posted record sales for 2012 as the Japanese car giants benefited from a pick-up in demand, with Toyota recapturing the world's biggest automaker crown from General Motors.

Toyota said sales last year soared 22.6 percent to 9.75 million vehicles, while Nissan saw a 5.8 percent on-year rise to 4.94 million units.

The figures confirmed that Toyota regained the global sales crown lost to US-based GM in 2011 as the March 11 Japanese tsunami hammered demand and production.

Robust Asian sales and a pick-up in North America helped drive sales, offsetting weak demand in Europe and the effects of Tokyo's diplomatic row with Beijing, which sparked a Chinese consumer boycott of Japanese goods in the latter part of the year.

In November, Toyota hiked its profit forecast to 780 billion yen ($8.57 billion) for the fiscal year to March, up from 760 billion yen, but said sales would be 21.3 trillion yen, trimming an earlier target of 22 trillion yen.

Nissan, part-owned by France's Renault, warned net profit for the fiscal year would be 320 billion yen, down 20 percent from its earlier estimate of 400 billion yen, citing its heavy exposure to the Chinese market.

A strong yen and uncertainty in China and Europe have weighed on Japan's automakers, with Toyota crediting its rosier profit outlook to cost-cutting, including a decrease in labour, research and development expenses.

.


Related Links
Car Technology at SpaceMart.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review

Newsletters :: SpaceDaily Express :: SpaceWar Express :: TerraDaily Express :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

Get Our Free Newsletters
Space - Defense - Environment - Energy - Solar - Nuclear

...





CAR TECH
Caterpillar's China woes warn foreign investors
Shanghai (AFP) Jan 27, 2013
Caterpillar's revelation it found fake accounts at a just-acquired Chinese firm which will cost it hundreds of millions of dollars is a cautionary tale for those looking to enter the hugely promising market. The US equipment giant said this month it would take a $580 million charge after uncovering "accounting misconduct" at Siwei Mechanical and Electrical Manufacturing Co., which it bought ... read more


CAR TECH
Boss of Fukushima operator quizzed for negligence

Kerry urges 'fresh thinking' to tackle global woes

Philippines typhoon victims need more help: UN

Canada to resettle up to 5,000 Iranian, Iraqi refugees

CAR TECH
AFRL Selects Surrey Satellite US to Evaluate Small Satellite Approach to GPS

Lockheed Martin Awarded Contract to Sustain Ground Station for Global Positioning System

China promotes Beidou technology on transport vehicles

New location system could compete with GPS

CAR TECH
Bindi Irwin slams Hillary Clinton editors over essay

A relative from the Tianyuan Cave

Four-stranded 'quadruple helix' DNA structure proven to exist in human cells

Geneticist wants to revive Neanderthals

CAR TECH
Namibia offers model to tackle poaching scourge

Malaysian is named head of UN biodiversity panel

S. Africa tries to capture thousands of runaway crocs

Treat illegal wildlife trade as serious crime: CITES

CAR TECH
Two Cambodians die from bird flu: WHO

One in five were infected by pandemic flu

Swine flu kills three in Central Europe

Scientists lift freeze on controversial flu research

CAR TECH
China tries two Tibetan self-immolation 'inciters': media

China's mass annual New Year migration begins

China dissident makes film on disputed death

China woman held in morgue for three years: media

CAR TECH
11 kidnapped Sudanese freed in Darfur: media

Britain earmarks $3.56M for anti-piracy

Several killed in failed French raid to free Somalia hostage

Police among dead in gambling shootout

CAR TECH
Outside View: Are stocks a sucker's bet?

Uruguay faces further dips in growth

China manufacturing growth hits two-year high

BoJ meeting expected to usher in fresh easing measures




The content herein, unless otherwise known to be public domain, are Copyright 1995-2012 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement