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July 17, 2024
 

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CARMAKERS

Japan Times
BUSINESS / Companies / ANALYSIS
May 15, 2019
Nissan faces mounting problems on its turnaround path, analysts say
The earnings report and forecast disclosed Tuesday by the automaker underscored a big problem after the arrest and ouster of former Chairman Carlos Ghosn— stabilizing its auto business.
Japan Times
BUSINESS / Companies
May 14, 2019
Nissan projects weakest profit in a decade as Carlos Ghosn woes linger
Nissan Motor Co., trying to rebuild its tarnished reputation over failed corporate governance following the criminal investigation of two former executives, cut its operating profit outlook by a sharp 28 percent for fiscal 2019 to its lowest in a decade.
Japan Times
BUSINESS / Companies
May 14, 2019
Nissan considers buying stake in Chinese electric carmaker
Nissan Motor Co. is looking to invest in a Chinese electric car startup to provide it with a greater footprint in the world's biggest market for new-energy vehicles, according to sources familiar with the matter.
Japan Times
BUSINESS / Companies
May 13, 2019
Nissan pushes back on Renault's renewed efforts to merge
Nissan Motor Co. is opposing renewed efforts by alliance partner Renault SA to merge under a holding company because such a structure won't help turn it around, according to a source with knowledge of the discussions.
Japan Times
BUSINESS / Companies
May 13, 2019
Japan auto association chief says outlook bleak amid U.S.-China trade spat
The head of the Japan Automobile Manufacturers Association said Monday that the outlook for the industry is cloudy due to "too many uncertainties" in the global economy amid the escalating trade fight between the United States and China.
Japan Times
BUSINESS / Companies
May 13, 2019
Lawyer for Ghosn says ex-Nissan boss received no money via Oman in bank accounts
Former Nissan Motor Co. Chairman Carlos Ghosn did not receive any money sent by the automaker through Oman to his personal accounts, according to his lawyer.
Japan Times
BUSINESS / Companies / ANALYSIS
May 12, 2019
Carlos Ghosn's successor, Hiroto Saikawa, under siege from within as Nissan profit sinks
Nissan chief Hiroto Saikawa finds himself under pressure from several angles, including a drop in company profits and slumping U.S. sales.
Japan Times
BUSINESS / Companies
May 11, 2019
In new six-year business plan, Nissan eyes profits over volume
Nissan Motor Co. plans to cut its sales target under its six-year business plan, as the company seeks to focus more on profitability than on chasing volume pursued under the leadership of former Chairman Carlos Ghosn, a source close to the matter said Friday.
Japan Times
BUSINESS / Companies
May 10, 2019
Subaru reveals annual profit halved in fiscal 2018, releases earnings early by mistake
Subaru Corp. said Friday its operating profit for the past year has halved after it suffered a string of setbacks including production delays and mounting recalls.
Japan Times
BUSINESS / Companies
May 10, 2019
Two of Ghosn's former aides avoid indictment through plea bargain deal with Tokyo prosecutors
The foreign executives struck the rare deal between October and November by providing documents related to Nissan's remuneration allegations, but they can be examined as witnesses, sources said.
Japan Times
BUSINESS / Companies
May 9, 2019
Toyota and Panasonic to merge housing units and team up on 'smart town' business
The move by the leading carmaker and electronics manufacturer comes amid shrinking demand in the domestic housing market due to Japan's declining population.
Japan Times
BUSINESS / Companies
May 9, 2019
Toyota to boost eco-friendly car and engine output in China with investment topping $2.2 billion
Toyota Motor Corp. will invest over $2.2 billion (¥242 billion) in China to boost eco-friendly vehicle and engine production with a local partner to meet growing demand.
Japan Times
BUSINESS / Companies
May 9, 2019
Court OKs change of residence in Tokyo for bailed former Nissan boss Carlos Ghosn
Former Nissan Motor Co. Chairman Carlos Ghosn has been permitted by a court to change his residence to a house in Tokyo from a condominium while he is on bail, investigative sources said Thursday.
Japan Times
BUSINESS / Companies
May 8, 2019
Toyota's annual sales top ¥30 trillion, a first for a Japanese firm
Toyota Motor Corp. became the first Japanese company to report annual sales topping u00a530 trillion, thanks in large part to brisk sales in China.
BUSINESS
May 7, 2019
No rush to cut agriculture tariffs in Japan-U.S. trade talks, top negotiator Motegi says
Japan's top trade negotiator said Tuesday there are no plans to cut tariffs on U.S. farm products ahead of a wider bilateral trade deal.
Japan Times
BUSINESS / Companies
Apr 26, 2019
Renault to propose merger with Nissan under joint holding firm with equal board representation: sources
Renault SA will soon formally propose to partner Nissan Motor Co. that the two merge under a joint holding company, sources with knowledge of the matter said Friday as tensions continue to rise over control of one of the world's leading auto groups.
Japan Times
BUSINESS / Companies
Apr 26, 2019
Bail conditions may prevent Carlos Ghosn from contacting his wife for a number of months
Former Nissan Motor Co. Chairman Carlos Ghosn was released from detention late Thursday evening under a bail condition that bars him from contacting his wife without court approval.
Japan Times
BUSINESS / Companies
Apr 25, 2019
Carlos Ghosn released from detention center, days after his fourth indictment
The court made the decision partly because it determined there was no risk of evidence tampering, legal experts have said.
Japan Times
BUSINESS / Companies
Apr 25, 2019
With Final Edition model, Mitsubishi Motors to end Pajero SUV sales in Japan
Mitsubishi Motors Corp. said Wednesday it will end sales of Pajero sport utility vehicles, or SUVs, in the domestic market after finishing production in August following a slump in sales.
Japan Times
BUSINESS / Companies
Apr 24, 2019
Adding to Ghosn woes, Nissan slashes profit outlook to near-decade low
Nissan Motor Co. slashed its full-year profit forecast to its lowest in nearly a decade due to weakness in the United States, just as it adjusts to life without Carlos Ghosn and charts its future with alliance partner Renault SA.
Who needs AI when you have Hatsune Miku?
Over the first six months of 2024, a handful of songs using Vocaloid singer Hatsune Miku’s voice have enjoyed widespread attention, underlining a global interest in the character and the technology she represents.
Yen’s woes seem too big for even a BOJ hike this month to solve
The Bank of Japan headquarters in Tokyo
China’s economic growth comes in worse than expected
Pedestrians in the Wangfujing shopping area in Beijing on July 11, 2024. China's economic growth in the second quarter was lower than forecast, adding pressure on Chinese leaders to lift confidence at the Chinese Communist Party's third plenum this week.
Kansai airports to increase takeoff and landing slots ahead of Osaka Expo
Kansai International Airport in Izumisano, Osaka Prefecture. The upper limit on the number of takeoff and landing slots at the airport as well as Kobe Airport in Hyogo Prefecture will be raised in spring next year ahead of the 2025 World Exposition in Osaka.
Shooter came within inches of killing Trump, but left few clues as to why
An aerial view shows the stage where Republican presidential candidate and former U.S. President Donald Trump had been standing during an assassination attempt the day before, and the roof of a nearby building where a gunman was shot dead by law enforcement, in Butler, Pennsylvania, on Sunday.
The neurological disorder that 'kills culture'
Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
After Trump shooting, U.S. presidential race might take a violent turn
United States Secret Service Counter Snipers stand guard on a rooftop during a campaign rally for U.S. President Donald Trump in Avoca, Pennsylvania, in 2020.
No AC this summer? No problem (for me).
Think air conditioning is a requirement for a Tokyo summer? Think again.
She’s paying ¥1 million to help behind the scenes at the Paris Olympics
Mai Tarumi, who previously volunteered at the postponed Tokyo Olympics in 2021, has a travel budget of ¥1 million for her trip to volunteer at the Paris Games.

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Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
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