Tag - carmakers

 
 

CARMAKERS

Nissan and Renault's deal to rebalance their troubled alliance has given them more freedom to pursue other partnerships and become more agile.
BUSINESS / Companies
Sep 27, 2023
Renault and Nissan to drop common alliance purchasing organization
The new setup reflects Renault’s efforts to grow more independent from its Japanese partner after years of tensions within the alliance.
Members of the United Auto Workers pickett outside of the Michigan Parts Assembly Plant in Wayne, Michigan, on Tuesday.
BUSINESS / Companies
Sep 27, 2023
Japanese automakers stand to gain from Detroit’s labor strike
Many firms receive a large percentage of their overall revenue from U.S. markets, so the labor action there may give a tailwind to Japanese carmakers.
U.S. President Joe Biden joins striking members of the United Auto Workers (UAW) on the picket line outside the GM's Willow Run Distribution Center, in Belleville, Michigan, on Tuesday.
WORLD / Politics
Sep 27, 2023
Biden makes history by joining U.S. auto workers picket line
The autoworkers strike that began on September 15 has increasingly become a political football for Biden and Trump.
Nissan Motor is planning to produce only electric vehicles in Europe by 2030.
BUSINESS / Companies
Sep 26, 2023
Nissan to go all-electric in Europe by 2030 despite U.K. delay
Nissan plans to launch 27 electrified vehicles, including 19 fully electric cars, by 2030.
U.S. President Joe Biden listens to a reporter's question about whether he will visit striking auto workers on the UAW picket line as he walks back to the Oval Office after an event in the Rose Garden of the White House in Washington on Friday.
BUSINESS / Economy
Sep 23, 2023
Biden to visit Michigan to support auto strike, a day before Trump
Numerous unions have already endorsed Biden's re-election, but the UAW has for now withheld its endorsement.
BYD's Dolphin electric car during a test drive in Yokohama
BUSINESS / Companies
Sep 20, 2023
BYD takes aim at Japan's EV market with new Dolphin hatchback
The base model Dolphin starts from ¥3.63 million and is equipped with a 70 kilowatt hour battery that offers 400 kilometers of range.
Self-propelled electric vehicles move through the factory floor during a demonstration of its new assembly line technology at Toyota's Motomachi plant in the city of Toyota, Aichi Prefecture, on Sept. 13.
BUSINESS / Companies
Sep 20, 2023
Toyota keeps up the push to prove it can embrace new technology
The carmaker was eager to show that it wasn’t about to sit idle as the global auto industry shifts toward electrification and automation.
China with its government subsidies has become a dominant player in the EV market, causing concern in Europe and the United States.
COMMENTARY / World
Sep 19, 2023
EV leadership means more than just sales figures
EV dominance matters because electric vehicles are the future.
Striking UAW autoworkers demonstrate at a rally in downtown Detroit on Friday.
BUSINESS / Companies / FOCUS
Sep 18, 2023
How auto executives misread the UAW and ignited a historic strike
UAW president Shawn Fain’s aggressiveness reflects the mood of the American worker: anxious about job security and angry about a ballooning wealth gap.
A United Auto Workers (UAW) union member holds a sign to mark the beginning of contract negotiations in Sterling Heights, Michigan, in July.
BUSINESS / Economy
Sep 17, 2023
U.S. auto talks at 'critical phase' as political pressure grows
Workers at all Big Three automakers are coordinating for the first time, with demands such as a 40% pay increase over a four-year contract.
A woman walks past a showroom for Chinese electric vehicle maker XPeng in Beijing in February.
BUSINESS / Companies
Sep 16, 2023
Chinese EV makers pin hopes on Europe’s fading auto dealers
At the heart of their strategy is the traditional dealership model that European carmakers have been exiting in favor of direct sales.
A Solterra Subaru RZ450e electric vehicle is displayed during a Japan Automobile Manufacturers Association event on the sidelines of the Group of Seven leaders summit in Hiroshima in May.
BUSINESS / Companies
Sep 15, 2023
Subaru president close to deciding where to build EV plant in U.S.
While the current base of Indiana is a top candidate, the company is weighing locations based on the procurement of batteries and incentives from states.
Rachel Culin, a disenchanted Toyota owner, standing between her Toyota Prius and new Chevy Bolt at her home in Mesa, Arizona. The world’s largest carmaker dominates the sales of hybrid cars but has been slow to sell all-electric vehicles, alienating some customers and hurting sales.
BUSINESS / Companies
Sep 8, 2023
Toyota, a hybrid pioneer, struggles to master electric vehicles
The world’s largest carmaker dominates the sales of hybrid cars but has been slow to sell EVs, alienating some customers and hurting sales.
Wan Gang during the Munich Motor Show on Wednesday
BUSINESS / Tech
Sep 7, 2023
China’s EV strategy architect sees future for hydrogen vehicles
Fuel-cell vehicles will be key especially in China’s northwest, where distances between cities are long and electric-car adoption remains low, he said.
Employees work on the assembly line at an electric vehicle plant in Shanghai. Cutting salaries is illegal in China, but complex pay structures offer loopholes.
BUSINESS / Companies
Sep 5, 2023
China's auto workers bear brunt of price war as fallout widens
Cutting salaries is illegal in China, but complex pay structures offer ways around this.
Toyota's sales in China fell in July amid intense competition with local brands.
BUSINESS / Companies
Aug 30, 2023
Toyota output hits monthly record for July on robust demand
Worldwide sales, including for subsidiaries Daihatsu and Hino, rose 5.2% to 918,345 units.
A Toyota factory in Toyota, Aichi Prefecture, in 2015. A computer system processing orders for vehicle parts for the company broke down Tuesday, forcing the closure of 14 assembly plants in Japan.
BUSINESS / EXPLAINER
Aug 30, 2023
What happened to shut down Toyota's production in Japan?
Disruption shut down a system at the core of Toyota's lean manufacturing process.
An efficient, just-in-time strategy for manufacturing made Toyota’s production system famous.
COMMENTARY / Japan
Aug 30, 2023
Toyota shuts factories, investors shrug. That’s resilience.
An efficient, just-in-time strategy for manufacturing made Toyota’s production system famous.
The VinFast logo during an event in Los Angeles in November 2022
BUSINESS / Markets
Aug 30, 2023
VinFast’s world-beating gain evokes memory of $400 billion crash
The last time a similar stock rose from relative obscurity to the one the world’s largest companies, it didn’t end well for investors.
A VinFast electric car is parked outside a showroom in Hanoi on Aug. 18.
BUSINESS / Companies
Aug 29, 2023
EV maker VinFast now worth more than Goldman Sachs and Boeing
VinFast shares closed up 20% at $82.35 Monday, marking a blistering 688% since its market debut Aug. 15. It is currently worth about $190 billion.

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