Sony targets double-digit profit growth despite slowdown in PlayStation 5 sales amid memory price crunch

108145179 1747201501384 gettyimages 2178094207 JAPAN CEATEC

Japanese entertainment giant Sony on Friday said it expects annual profit to rise as revenue from some business segments in the fourth quarter helped offset headwinds from a memory price crunch. Here are Sony’s fourth-quarter results compared with LSEG estimates: Revenue: 3.036 trillion Japanese yen ($19.4 billion) compared to analyst estimates of 2.896 trillion yen. …

Read more

Nissan to trim global car lineup, boost use of AI driving tech

108287605 1775512894581 NYIAS 04022026 DeVries 6

Nissan at the New York International Auto Show in New York City on April 2, 2026. Danielle DeVries | CNBC Nissan Motor plans to streamline its global automobile lineup by exiting low-performing ones and deploy its artificial intelligence driving technology across 90% of its array over the long term as it targets a revitalization after years of turmoil. Japan’s fourth-biggest automaker said in …

Read more

Inifiniti hopes new SUV can turn around fortunes in the U.S.

108283770 1774563328313 preview

The 2027 Infiniti QX65. Courtesy: Infiniti Japanese brand Infiniti on Thursday unveiled a new a midsize luxury SUV, called the QX65, as it tries to mount a comeback in the U.S. The vehicle will have a 268-horsepower VC-Turbo engine with 286 foot-pounds of torque, as well as dual 12.3-inch displays. The QX65 “accelerates INFINITI into …

Read more

Nissan joins Toyota, Honda in plans to export U.S. cars to Japan

a54b41835a8b60db28c2

The Nissan Murano is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC DETROIT — Nissan Motor plans to join fellow Japanese automakers Toyota Motor and Honda Motor in exporting U.S.-produced vehicles to Japan following changes to the country’s vehicle import rules reached through a trade deal last …

Read more