Mitsubishi quit Dakar to cut costs

Mitsubishi have withdrawn from the Dakar Rally due to economic pressure. Photograph: Finbarr O'Reilly/REUTERS...

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Bank of Tokyo-Mitsubishi UFJ to open Qatar office

The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU) is to open an office in Doha, Qatar, having acquired formal approval...

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Obama auto team taking shape

WASHINGTON -- Stephen Girsky, a longtime auto-industry analyst who heads the private-equity firm Centerbridge...

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Toyota struggles amid global slump, strong yen

TOKYO: Toyota Motor Corp., the world's top automaker, reports earnings for the fiscal third quarter on Friday....

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Cuts 2nd Half Capex Plan By 30% Vs Initial Plan

The Japanese automobile manufacturer will curb its capital spending plan for the second half of the fiscal year...

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