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Daniel Leussink

Daniel Leussink

Correspondent at Reuters - Reuters.com

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Influence score
66
Phone
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Location
United States
Languages
  • English
Covering topics
  • Automobiles
  • Japan

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Recent Articles

reuters.com

Toyota, Honda turn India into car production hub in pivot away from China

Toyota, Honda and Suzuki are spending billions of dollars to build new cars and factories in India, a sign of the country's growing importance as a manufacturing hub as Japanese automakers redraw global supply chains to reduce dependence on China.
reuters.com

Toyota raises profit outlook, bets it can ride out tariffs

Toyota raised its full-year profit forecast on Wednesday, as the Japanese automaker bet solid performance outside the United States would help it ride out the impact of U.S. President Donald Trump's import tariffs.
reuters.com

Toyota set for second straight quarterly profit drop as US tariffs ...

Japan's Toyota Motor is expected to post a second consecutive quarterly operating profit decline on Wednesday, as U.S. tariffs and supply-chain risks weigh on its operations despite robust global sales of hybrid vehicles.
reuters.com

Toyota does not face immediate chip shortage from Nexperia, CEO says

Toyota Motor does not face an immediate chip shortage from recent Chinese export restrictions related to chipmaker Nexperia, even as the Japanese automaker is carefully watching risks to production, Chief Executive Koji Sato said.
reuters.com

Panasonic cuts full-year profit forecast on weaker outlook for auto...

Japan's Panasonic Holdings cut its full-year operating profit forecast by 13.5% on Thursday, mainly due to an expected decrease in profit at its key energy unit, which supplies batteries to Tesla and other automakers.
reuters.com

Nissan expects $1.8 bln annual operating loss, concerned about supp...

Nissan Motor said on Thursday it expects to book a 275 billion yen ($1.82 billion) in annual operating losses due to the impact of U.S. tariffs and warned that supply chain risks would be the biggest headwind in its fiscal second half.
reuters.com

Toyota says it did not explicitly promise Trump new $10 billion inv...

Japan's Toyota Motor did not explicitly promise a new $10 billion investment in the United States, a senior executive said on Wednesday, a day after President Donald Trump mentioned a potential investment of that size.
reuters.com

Automakers hunt high and low for chips as supply crisis worsens

Global automakers are scrambling to find chips and checking with suppliers to see if they have enough stockpiled, as a deepening semiconductor supply crunch related to Dutch firm Nexperia threatens car production across the industry.
reuters.com

BYD's mini-car ambitions may be a wake-up call for Japan

BYD's Japanese mini-car will not go on sale until the end of next year, but it has already created buzz - at least among officials in Tokyo worried about the challenge from China's biggest automaker.
reuters.com

Toyota's August sales grow for eighth month on robust US demand

Toyota Motor said on Monday its global sales grew for an eighth straight month in August, as continuing strong demand for some of its hybrid models in the United States offset a weaker performance in Japan.
reuters.com

Nidec submits annual report on time, but auditor withholds opinion

Japanese electric motor maker Nidec met a delayed deadline to file its fiscal 2024 annual report, a regulatory filing showed on Friday, but the company's auditor withheld an opinion on its financial statements.