Tag - carmakers

 
 

CARMAKERS

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.
Toyota Motor has suspended operations at a dozen factories in Japan due to a system failure.
BUSINESS / Companies
Aug 29, 2023
Toyota set to resume operations after glitch halts production
Tuesday's halt raised concerns that the stoppage could be due to a cyberattack, though the company said that was unlikely.
A 2023 Toyota Prius. Hybrids have accounted for less than 10% of total U.S. sales, with Toyota’s long-running Prius among the most popular models.
BUSINESS
Aug 28, 2023
Gas-electric hybrids get boost in the U.S. from Ford and others
Ford is the latest of several top automakers planning to build and sell hundreds of thousands of hybrid vehicles in the U.S. over the next five years.
A Mazda MX-30 at a dealership in the city of Hiroshima. The MX-30 is the only electric vehicle model Mazda currently sells in Japan.
BUSINESS / Companies / Regional Voices: Hiroshima
Aug 28, 2023
Mazda accelerates EV shift in China, reshaping ties with suppliers
Mazda’s sales in China in the year from April 2022 halved from the previous year to 84,000 units due to a thin lineup of EVs.
A worker cleans a Toyota Electric Vehicle bZ4X on display during the Gaikindo Indonesia International Auto Show in Tangerang, near Jakarta, Indonesia, last week.
BUSINESS / Companies
Aug 17, 2023
Japan automakers race to catch up with global EV competitors
There is a sense of crisis over a possible decline of Japan's auto industry if U.S., European and Chinese automakers continue to dominate the EV market.
The Vinfast booth at the 2022 New York International Auto Show in New York on April 14, 2022
BUSINESS / Companies
Aug 16, 2023
Vietnamese EV-maker Vinfast surges in U.S. trading debut
The company’s shares gained 255% on Tuesday in New York, giving it a market value above U.S. auto giants such as Ford Motor and General Motors.
Honda's electric vehicle e:NP2 is displayed at the Auto Shanghai show, in Shanghai in April. The recent weakening of the yen couldn't come at a better time for Japanese automakers, which are struggling in the Chinese market.
BUSINESS / Economy
Aug 14, 2023
Weak yen gives Japan automakers temporary relief from China pain
A weak yen has traditionally lifted profits for Japan's big exporters
India's Prime Minister Narendra Modi shakes hand with Tesla chief executive Elon Musk in New York on June 20, 2023.
BUSINESS
Aug 3, 2023
In India, it's advantage Tesla as Chinese automakers face heat
Tesla has had a red-carpet welcome from India for its proposal to invest in the country, while China has been stopped cold.
Simon Humphries, head of design at Toyota, speaks during the world premier of the new Land Cruiser in Tokyo on Wednesday.
BUSINESS
Aug 2, 2023
Toyota’s iconic Land Cruiser returns to North America
The world’s biggest carmaker has unveiled three variations of one of its most enduring models, starting at around $50,000.
Toyota Motor Corp.’s quarterly profit exceeded estimates as improvements in the supply of semiconductors and a cheap yen helped the carmaker capitalize on a global rebound in demand for new vehicles.
BUSINESS / Companies
Aug 1, 2023
Toyota profit tops estimates, sticks to full-year forecasts
A post-pandemic surge allowed the automaker to boost production and sell a record number of vehicles in June.
A truck transports new Tesla cars at its factory in Shanghai in May 2021.
BUSINESS / ANALYSIS
Jul 28, 2023
Global automakers scramble to reset China strategies as sales slow
Some German brands and General Motors are betting on new electric vehicles, while Toyota and others have shifted to cost-cutting mode.
Honda Motor and other major carmakers will establish a joint venture to build an electric vehicle charging network in North America.
BUSINESS / Companies
Jul 27, 2023
Honda joins new EV charging network in U.S.
The firm, along with six other automakers, aims to counter U.S. EV giant Tesla, which holds 60% of the country's EV market.
A factory of Russian automaker Moskvich, in Moscow on July 13
BUSINESS
Jul 20, 2023
What has become of global carmakers' assets in Russia?
The foreign automakers that dominated Russia's car market left following the invasion of Ukraine, leaving a slumping production and sales in their wake.
An X90 Plus crossover — produced by Chinese automaker Jetour — sits ready for sale at a dealership in the Moscow Region on July 12.
BUSINESS
Jul 20, 2023
Made in Russia? Chinese cars drive a revival of Russia's auto factories
The rebirth of the Moskvich is a sign of China's growing sway over an important sector of Russia's economy.
Japan Times
BUSINESS
Jul 20, 2023
Made in Russia? Chinese cars drive a revival of Russia's auto factories
The rebirth of the Moskvich is a sign of China's growing sway over an important sector of Russia's economy.
Japan Times
BUSINESS
Jul 20, 2023
What has become of global carmakers' assets in Russia?
The foreign automakers that dominated Russia's car market left following the invasion of Ukraine, leaving a slumping production and sales in their wake.
Japan Times
BUSINESS / Companies
Jul 18, 2023
Carlos Ghosn vows to fight allegations but won't return to Japan
“Nissan will have to pay for what they did to me and my family,” Ghosn said Tuesday, speaking via video link during a news conference in Tokyo.
Japan Times
BUSINESS / Tech
Jul 18, 2023
As 'Detroit of Asia,' Thailand targets battery-makers to stay ahead in EV race
Long established as an auto hub, Thailand is determined to keep its grip on the economically crucial industry as the pivot to electric vehicles gathers pace.

Longform

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