Tag - carmakers

 
 

CARMAKERS

Cars parked at the port in Bayonne, New Jersey, in 2021
BUSINESS / Markets
Mar 25, 2025
Stocks rise as Trump hints at delays to auto tariffs and relief for some
U.S. markets ended Monday broadly higher on optimism that the tariffs set to be detailed next week may not be as extensive as expected.
Toyota's new research and development center in India will begin operations with a team of about 200 people in Bengaluru.
BUSINESS / Companies
Mar 21, 2025
Toyota’s new R&D unit signals its sharper India focus
The research facility comes after Toyota last year reorganized India to be the hub of its operations across the Middle East, East Asia and Oceania region.
The ignition button of a Hon Hai Precision Industry Foxtron Model N electric vehicle
BUSINESS / Companies
Mar 21, 2025
Hon Hai gets first major EV-making client in Mitsubishi Motors
It is unclear when production will actually start, but the first cars to roll off the assembly line would target Australia and New Zealand.
Tesla recalled the Cybertruck six times in the U.S. within a year of launching the pickup in November 2023.
BUSINESS / Companies
Mar 21, 2025
Tesla recalls Cybertrucks after steel trim pieces come loose
The carmaker estimates that 1% of the 46,096 pickups it’s calling back have a defect.
Hino Motors pleaded guilty on Wednesday over a multiyear emissions fraud scheme in the United States and must pay $1.6 billion in penalties.
BUSINESS / Companies
Mar 20, 2025
Toyota's Hino pleads guilty to U.S. emissions fraud and is fined $1.6 billion
Hino admitted that between 2010 and 2019, it used "illicit short-cuts" and submitted false applications for engine certification approvals.
BYD's large cylindrical cell batteries are pictured at Smart Energy Week in Tokyo on Feb. 19.
BUSINESS / Tech
Mar 18, 2025
How BYD’s five-minute charging stacks up against the competition
The Chinese firm is now staking claim to a system it says will make it as quick to charge an electric vehicle as to refuel a gasoline car.
The Environment Ministry plans to have recycled plastics account for at least 15% of overall plastics used in the production of new vehicle models, at a time when the European Union is looking to make using recycled plastics mandatory in vehicle production.
JAPAN
Mar 18, 2025
Japan aims to use 15% recycled plastics in auto production
Recycled plastics have rarely been used in vehicle production in Japan due to poor quality and insufficient supply.
Cars at the Geely Auto production base in Hangzhou, in China's eastern Zhejiang province on Feb. 16
BUSINESS / Tech
Mar 17, 2025
Geely billionaire goes on a cost-cutting spree to catch rivals
The shift was laid out in a document called the Taizhou Declaration, which called for consolidation, synergies and savings.
U.S. President Donald Trump, flanked by Commerce Secretary Howard Lutnick, holds an executive order about a tariffs increase in the Oval Office of the White House in Washington on Feb. 13.
BUSINESS / Economy
Mar 15, 2025
U.S. commerce chief rules out auto tariff exemption for Japan
Commerce Secretary Howard Lutnick linked the 25% tariffs on car imports, set to begin on April 2, to cutting the U.S. trade deficit with Japan.
Toyota vehicles are loaded onto a ship at the Port of Nagoya in June last year.
BUSINESS / Economy
Mar 13, 2025
Concerns grow over possible U.S. tariffs on Japan's auto sector
U.S. President Donald Trump has pointed out that the U.S. is importing a "very big" amount of Japanese cars while other countries are not really buying American cars.
Nisssan Chief Planning Officer Ivan Espinosa speaks during an online news conference on Tuesday. Espinosa will take over as CEO in April.
BUSINESS / Companies
Mar 12, 2025
Ivan Espinosa to take over as new Nissan CEO in April
Espinosa, the automaker's chief planning officer, joined Nissan in 2003 and has been working on product strategy and planning.
A Toyota bZ4X battery electric vehicle on display at the company's showroom in Toyota, Aichi Prefecture, in June 2024
BUSINESS / Companies
Mar 12, 2025
Toyota sees potential risk to deal brokered with Tesla in Europe
Toyota and other carmakers that were planning to pool with Tesla for this year may need much less help than envisioned back in January.
Makoto Uchida, CEO of Nissan, will step down from the post at the end of this month.
BUSINESS / Companies
Mar 11, 2025
Nissan CEO Makoto Uchida to step down
Current Chief Planning Officer Ivan Espinosa will be assuming the role starting in April in a bid to turn around the struggling Yokohama-based automaker.
Much of Nissan’s woes can be pinned on an aging lineup of outdated cars.
BUSINESS / Companies
Mar 11, 2025
Nissan focused on product development as it hunts for partner
Nissan wants to be directly involved in the development and rollout of new products, in a potential tie-up with a new business partner.
Trade minister Yoji Muto says his talks in Washington with U.S. officials didn’t result in any confirmation to exclude Tokyo from upcoming tariff measures.
BUSINESS / Economy
Mar 11, 2025
Japan's trade minister fails to win tariff exemption assurance from U.S.
New duties on car imports would deal a direct blow to the economy of Japan, which is already bracing for an indirect impact from tariffs the U.S. is imposing on other nations.
Signage at a Tesla store in Colma, California, on Monday. Tesla shares plunged to their worst day in more than four years, extending a slide in 2025 amid growing concerns on Wall Street about demand for the company's electric cars.
BUSINESS / Tech
Mar 11, 2025
Tesla’s stock defied gravity for years. Is Elon Musk’s EV party over?
The bulk of Tesla's worth rests on hopes for autonomous vehicles it hasn't yet delivered, despite Musk's continued promises.
People walk past an agency building of the Chinese electric car brand BYD in Mexico City on March 3.
BUSINESS / Tech
Mar 10, 2025
Tesla is flailing in China and the rapid rise of BYD is to blame
Disappointing shipments in China have been blamed on a narrow and dated lineup, particularly in the face of up-to-date and more exciting offerings from BYD and others.
Toyota will suspend three lines at two plants in Aichi Prefecture on Monday.
BUSINESS / Companies
Mar 9, 2025
Explosion and fire lead Toyota to halt production at two plants in Aichi from Monday
The suspension is believed to be due to the effects of an explosion and fire accident at a plant of Chuo Spring, a Toyota affiliate, on Thursday.
U.S. President Donald Trump is exempting automakers from newly imposed tariffs on Mexico and Canada for one month, the White House said Wednesday, as a temporary reprieve following pleas from industry leaders.
BUSINESS / Economy
Mar 6, 2025
Trump’s tariff pause cheered globally and watched closely in Tokyo
The U.S. president is delaying 25% tariffs on cars from Mexico and Canada and might consider carve-outs for agricultural imports from those countries.
Multibillionaire and Trump adviser Elon Musk speaks via video link to an election campaign rally for the far right Alternative for Germany (AfD) party in Halle, Germany, on Jan. 26.
BUSINESS / Companies
Mar 5, 2025
Musk rallies the far right in Europe. Tesla is paying the price.
The multibillionaire's support for right-wing political parties could help boost his empire by cutting back regulations he thinks impede tech innovations.

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The sun shines from behind a waving Philippine flag at the Manila American Cemetery and Memorial.
Eighty years after the Battle of Manila, old foes forge new ties