Economy · Tokyo, Japan · November 11, 2026

Honda raises profit outlook; Nissan cuts sales forecast again

Reported by 3 outlets · first reported Nov 11, 6:43 AM ET

Nissan cut its annual sales forecast to at most 3 million vehicles from 3.15 million, citing tougher competition in China. Japanese automakers posted strong half-year profits helped by a weak yen. Sales of electric vehicles lag.

Why it matters

Weak China sales hit a major Japanese employer and its suppliers.

Background

The yen trades near 160 per dollar, which boosts exporters' profits.

The story so far

1. Nov 11Honda raises profit outlook; Nissan cuts sales forecast again
2. Nov 12Japan to cut sales tax on groceries from 8% to 1% for two years

Follow the whole story →

Sources

• CNBC ↗Nov 11, 8:18 AM ET
• Japan Times ↗Nov 11, 6:43 AM ET
• Yonhap (Korean) ↗Nov 11, 9:10 PM ET

This summary was written automatically from the reporting linked above; follow the sources for the full story. How One Turn works.

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