Mazda in quarterly loss of nearly $1 billion

TOKYO: Japan's Mazda Motor on Thursday reported a third-quarter loss of almost $1 billion, as the strength of the yen dented its export-dependent production.

Honda sees sharp drop in profit

Japan's third biggest carmaker, Honda, has announced a 41% drop in quarterly profit, as it continues to feel the impact of Japan's March disasters, the floods in Thailand, and the high yen.