Tag - carmakers

 
 

CARMAKERS

The interior of a Toyota Global HiAce electric vehicle concept on display during the Japan Mobility Show in Tokyo on Oct. 26
BUSINESS / Companies
Nov 1, 2023
Toyota to invest $8 billion more in U.S. battery plant for EVs
The auto giant has quietly laid the groundwork for a more robust EV strategy in the U.S. even as sales of its hybrid gas-electric models are surging.
Suzuki President and Representative Director Toshihiro Suzuki unveils the Suzu-Ride at a press day of the Japan Mobility Show at Tokyo Big Sight in Tokyo on Oct. 25.
BUSINESS / Companies
Nov 1, 2023
New mobility concepts cater to older people's love for the road
The four-wheeled vehicles categorized as "specified small motorized bicycles" can be driven on public roads by anyone 16 or over without a license.
More than 75,000 Kaiser Permanente health care workers went on strike from Oct. 4 to 7 across the U.S.
BUSINESS / Companies
Nov 1, 2023
Unions in the U.S. are winning big for the first time in decades
Recent victories mark a potential turning point for the country’s labor movement, which has seen union ranks and power dwindle for decades.
Striking United Auto Workers union members embrace at the end of their picket shift outside the Ford Assembly Plant in Wayne, Michigan, on Wednesday.
BUSINESS / Companies
Oct 31, 2023
UAW reaches deal with GM, ending strike against Detroit carmakers
Some analysts have said recent deals will place the Detroit Three at a disadvantage compared with Tesla and foreign brands such as Toyota.
Toyota’s gigacast rear component. The company plans to employ the gigacasting technology in making electric vehicles.
BUSINESS / Companies
Oct 30, 2023
Tesla’s latest disruption in carmaking draws followers in Japan
Carmakers in Japan are starting to embrace gigacasting as they seek to make up for lost ground in the shift to EVs.
Workers picket outside the Ford Assembly plant in Chicago on Oct. 24.
BUSINESS / Companies
Oct 30, 2023
UAW-Ford deal includes $8 billion in manufacturing investments
The UAW-Ford contract could give workers up to $70,000 in extra pay over the 4½-year life of the contract.
United Auto Workers members strike at a General Motors assembly plant in Arlington, Texas, on Oct. 24.
BUSINESS / Companies
Oct 29, 2023
General Motors hit with more strikes while Stellantis reaches deal with UAW
More than six weeks after the historic strikes began, GM is now the only one of the companies that doesn’t have a deal with the union.
Great Wall Motor's Ora Good Cat electric vehicles are charged at the company's charging station at Siam Square in Bangkok
BUSINESS / Economy
Oct 27, 2023
Thailand bets on EVs to draw trillion baht in investment
The country has set up a "special operation” center to catch what its investment board head calls the "big fish” of the EV industry.
United Auto Workers President Shawn Fain
BUSINESS / Companies
Oct 27, 2023
Auto union boss victorious over Ford with unorthodox playbook
Bible-quoting, tough-talking Shawn Fain scored his first big victory against the Detroit Three through a tentative labor deal with Ford.
Members of the United Auto Workers outside Ford's Michigan Parts Assembly Plant in Wayne, Michigan, on Sept. 26. The U.S. auto workers union announced a tentative agreement with the firm late on Wednesday.
BUSINESS / Companies
Oct 26, 2023
Ford and UAW reach tentative deal to end strike by auto workers
Including compounding and cost of living, worker pay will rise about 33% to over $40 an hour over the life of the contract.
SkyDrive displays its eVTOL flying car at the Japan Mobility Show in Tokyo.
BUSINESS / Companies
Oct 25, 2023
Japan’s largest auto show returns with focus on mobility
The organizer has renamed the event for the first time since 1964, with the Japan Mobility Show replacing the Tokyo Motor Show.
Nissan Motor Sakura electric vehicles (left and center), and a Mitsubishi Motors eK X electric vehicle on display during their release ceremony at the Mitsubishi Motors Mizushima plant in Kurashiki, Okayama Prefecture, in May 2022.
BUSINESS / Companies
Oct 24, 2023
Japan's bestselling EV isn’t a Tesla but a $13,000 minicar
A jointly developed minicar sold as the Nissan Motors Sakura and Mitsubishi Motors eK X accounts for roughly half of all EV sales in Japan.
Honda CEO Toshihiro Mibe (left) and Cruise CEO Kyle Vogt shake hands in Tokyo on Thursday.
BUSINESS / Companies
Oct 19, 2023
Self-driving taxi service set to be launched in Tokyo in 2026
Honda, GM and the American automaker’s autonomous driving unit, Cruise, will establish a joint venture next year to prepare for the robotaxi service.
Toyota has suspended operations at six domestic plants following a blast at a factory run by one of its component suppliers.
BUSINESS / Companies
Oct 17, 2023
Toyota halts six auto plants after explosion at parts supplier
The explosion occurred Monday at Chuo Spring’s factory in Aichi Prefecture, where vehicle suspension coils are made.
Honda Motor CEO Toshihiro Mibe
BUSINESS / Companies
Oct 12, 2023
Honda and Mitsubishi Corp. sign pact to optimize EV battery use
The deal will eventually pay off in lower electricity bills for customers and better use of battery material, the companies said.
Toyota Motor and Idemitsu Kosan are teaming up to develop and mass-produce all-solid-state batteries for electric vehicles, the companies said on Thursday.
BUSINESS / Companies
Oct 12, 2023
Toyota and Idemitsu to mass-produce all-solid-state batteries
Idemitsu and Toyota said in a statement they would aim to commercialize the next-generation batteries in 2027-28, followed by full-scale mass production.
Secondhand Toyota cars on sale in Moscow in July 2016
BUSINESS / Companies
Oct 3, 2023
Japan puts the brakes on lucrative used-car trade with Russia
While wiping out Russia's biggest source of used cars, sanctions have driven down prices for secondhand cars in Japan.
Self-driving vehicles featuring level-4 capabilities in Eiheiji, Fukui Prefecture. The limited availability of autonomous driving in Japan stands in stark contrast to the U.S. and China.
BUSINESS / Economy
Oct 2, 2023
Autonomous driving remains a distant reality in Japan
The limited availability of autonomous driving stands in stark contrast to the U.S. and China, where robotaxis already roam the streets in some cities.
Toyota's global sales and production for August hit record highs.
BUSINESS / Companies
Sep 29, 2023
Toyota's global sales and output hit record high in August
Global production rose 4% to a record 924,509 vehicles, including subsidiaries Daihatsu Motor and Hino Motors, the Japanese carmaker said Thursday.
Honda's new electric vehicle Prologue is displayed in Detroit on Sept. 21.
BUSINESS / Companies
Sep 29, 2023
With help from GM, Honda tries again in U.S. EV market
The carmaker unveiled the brand’s first electric SUV on Thursday, marking a renewed push into fully electric vehicles.

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?