Tag - autos

 
 

AUTOS

Japan Times
BUSINESS / Companies
Jun 8, 2016
Suzuki to step down as CEO, Honda to quit over fuel-testing scandal
Suzuki Motor Corp. announces Osamu Suzuki will step down as CEO later this month but will continue as the firm's chairman.
BUSINESS / Companies
May 31, 2016
Takata rules out bankruptcy, seeks angel investor: source
Takata Corp. has ruled out using bankruptcy as a way of mitigating liabilities from its record air bag recalls and is instead seeking buyers that could take a controlling stake and carry the company through its current crisis, according to a source with knowledge of the restructuring process.
Japan Times
BUSINESS / Companies / FOCUS
May 19, 2016
Mitsubishi Motors scandal was an accident waiting to happen
It's a familiar Japanese corporate ritual: a deep bow before the cameras to atone for wrongdoing. And when it comes to the art of public mea culpa, few companies can top scandal-prone Mitsubishi Motors Corp.
Japan Times
BUSINESS / Companies / FOCUS
May 13, 2016
How a confession turned into ¥237.4 billion bargain for Nissan
Two days before Mitsubishi Motors Corp. went public with news it had overstated the fuel economy of its cars, Chairman Osamu Masuko visited Nissan Motor Co. President Carlos Ghosn for a mea culpa. It did not take long for talk to turn from an apology to a deal.
BUSINESS / Companies
Apr 26, 2016
Daimler, Ford brace for scrutiny after emission scandals
Carmakers have to be clearer about the way they certify their fuel economy and emission ratings as regulators ramp up scrutiny over the gap between laboratory results and on-road conditions, according to Daimler AG Chief Executive Officer Dieter Zetsche.
Japan Times
BUSINESS / Companies
Apr 25, 2016
Toyota to boost hybrids in China despite Beijing subsidies snub
Toyota Motor Corp., the dominant maker of gasoline-electric autos, will push forward with its strategy to build and sell hybrid models in China, in spite of the government's unwillingness to subsidize the technology.
Japan Times
BUSINESS
Apr 25, 2016
Carmakers must boost transparency on emissions, fuel economy, fix flaws: Daimler chief
Carmakers have to be more transparent about the way they certify their fuel economy and emission ratings as regulators step up scrutiny into the gap between laboratory results and real-world driving conditions, according to Daimler AG Chief Executive Officer Dieter Zetsche.
BUSINESS / Companies
Apr 4, 2016
Honda Fit fires, collisions prompt at least sixth major recall
Honda Motor Co. will conduct at least the sixth round of major recalls involving its top-selling Fit compact in less than three years, as the automaker struggles to move past the quality woes that contributed to a change in chief executive officers.
Japan Times
BUSINESS / Companies
Mar 30, 2016
Takata said to put worst-case recall costs at $24 billion
A source familiar with the matter says Takata estimates a callback of its air bag inflators would total about u00a52.7 trillion.

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