The Japanese automaker is carving out its global operations as it struggles with a steep drop in sales.

In terms of operating profit alone, Hyundai Motor Group ranked second among global competitors after Toyota Group.

Hyundai Motor Group has outperformed Volkswagen Group to become the world's second-largest automaker in terms of operating profit, industry data showed on Thursday.

TOKYO: Nissan said it would slash 9,000 jobs and cut global production capacity by a fifth, while revising its annual profit outlook sharply lower as it battles headwinds in China and the United States. Japan's third-largest automaker cut its annual operating profit forecast by 70 per cent to 150 billion y

TOKYO (AP) — Nissan reported Thursday a loss for the latest fiscal quarter as its vehicle sales sank while costs and inventory ballooned, prompting the Japanese automaker to slash 9,000 jobs.

Japanese auto giant Toyota kept its annual net profit forecast unchanged on Wednesday, despite logging a 26 percent drop for the first half of this financial year. The world's top-selling automaker said unit sales were hit by production cuts in its home market, related to a failure to fully comply…

BMW’s third-quarter profit fell 61%, hit by weak China sales and a massive recall due to faulty brakes, marking its lowest profitability in four years.

Honda’s profits slipped nearly 20% in the first half of the fiscal year from the same period the previous year, as sales suffered in China, the Japanese automaker said Wednesday. Honda Motor Co.’s April-September profits totaled 494.68 billion yen ($3.2 billion), declining from 616 billion yen for the same period…

Toyota’s July-September profit has sunk to less than half of what it was in the same period the previous year, as a production stoppage that followed a certification scandal and recalls dented vehicle sales.

For perspective, Xpeng delivered 23,917 vehicles for October, up 20% compared to last year.

Honda said its profits slipped nearly 20% in the first half of the fiscal year from the same period the previous year, as sales suffered in China, the Japanese automaker.

Japanese auto giant Toyota kept its annual net profit forecast unchanged on Wednesday, despite logging a 26 percent drop for the first half of this financial year. Although its second-quarter earnings were far lower than analyst expectations, the company still forecasts full-year net profit of 3.57 trillion yen.

Japanese auto giant Toyota kept its annual net profit forecast unchanged on Wednesday, despite logging a 26 percent drop for the first half of this financial year. Although its second-quarter earnings were far lower than analyst expectations, the company still forecasts full-year net profit of 3.57 trillion yen.

Despite the lower takings, Toyota had raised its interim and full year dividend forecast

Chinese luxury EV maker Xpeng delivered 23,917 vehicles for the month of October, a record for the company.