Tag - carmakers

 
 

CARMAKERS

Japan Times
BUSINESS / Companies
Feb 13, 2023
Toyota to ramp up on batteries but keep its options open, new CEO says
Koji Sato said that Toyota would continue to focus on pursuing a number of different technologies in its drive toward carbon-neutral vehicles.
Japan Times
BUSINESS / Companies
Feb 13, 2023
Nissan and Renault to invest $600 million to make six new models in India
The move is intended to help address falling market shares for the Japanese and French companies in a market with rising global importance.
Japan Times
BUSINESS
Feb 12, 2023
Used car subscription services gain popularity in Japan amid delivery delays
Used car subscription services grow popular with Japan's younger generation amid delays in the delivery of new automobiles caused by a global chip shortage.
Japan Times
BUSINESS
Feb 10, 2023
Honda beats estimates with 22% rise in third-quarter operating profit
Still, the automaker faced setbacks in China from the spread of COVID-19 and the chip shortage in the third quarter that extended into January, with some of its dealers temporarily closing.
Japan Times
BUSINESS / Companies
Feb 9, 2023
Nissan keeps annual profit forecasts and cuts unit sales target
The Japanese auto giant said it still expects a net profit of ¥155 billion ($1.2 billion) in the 2022-23 financial year, and also left its operating income outlook unchanged.
Japan Times
BUSINESS / Companies
Feb 9, 2023
Toyota keeps profit forecasts despite supply chain headwinds
The world's top-selling automaker is still suffering production setbacks caused by the semiconductor shortage along with other industry players.
Japan Times
BUSINESS / Companies / FOCUS
Feb 7, 2023
Carlos Ghosn’s carmaking dreams disappear with Renault-Nissan revamp
The workaholic Brazilian-Lebanese executive, who spent much of his time jetting between the carmakers’ headquarters and factories, was the glue holding together the firms' alliance.
Japan Times
BUSINESS
Feb 6, 2023
Renault and Nissan agree on landmark deal to reshape alliance
Renault will cut its holding in Nissan to 15% from 43% to re-balance lopsided capital ties, resolving a cause of friction that slowed cooperation at a crucial time.
Japan Times
EDITORIALS
Feb 3, 2023
Technology is forcing drastic change on the auto industry
The auto industry has undergone periods of change, but none as wrenching as the current movement toward EVs and the need for advanced computer technology.
Japan Times
BUSINESS / FOCUS
Feb 3, 2023
Renault and Nissan plan India reboot in test of reshaped alliance
In India, the world's fastest-growing car market, a new investment will be led by Nissan, and the companies are evaluating vehicles they could launch from 2025.
Japan Times
BUSINESS / Companies
Feb 2, 2023
Honda to sell next-generation hydrogen fuel cell system from mid-2020s
The firm said fuel cell systems can be used not only to power passenger vehicles but are also viable for commercial trucks, stationary power stations and construction machinery.
Japan Times
BUSINESS / Companies
Feb 2, 2023
Renault and Nissan boards set to greenlight alliance revamp with hours to spare
Renault directors are gathering Sunday followed by Nissan’s board early on Monday. Both boards are expected to agree to the proposals.
Japan Times
BUSINESS / Companies
Jan 31, 2023
Nissan resolves Renault grievance through big payoff for partner
The partners are on the cusp of redefining the foundations of their alliance with a framework deal to equalize their cross-shareholdings.
Japan Times
BUSINESS / Companies
Jan 30, 2023
Renault to reduce stake in Nissan, rebalancing alliance
Renault will reduce its stake from 43.4% to 15%, the same size as Nissan's stake in its French counterpart, in what the firms said would produce 'a balanced governance.'
Japan Times
BUSINESS
Jan 30, 2023
Toyota maintains title as world's No. 1 carmaker for third straight year
Group sales, which include those of its subsidiaries Daihatsu and Hino, were mostly flat at 10.5 million units for the year, the company said.
Japan Times
BUSINESS / Companies / FOCUS
Jan 29, 2023
Toyota CEO taps younger successor amid industry paradigm shift
Akio Toyoda, 66, picked an executive more than 10 years younger to succeed him as the auto industry faces a once-in-a-century paradigm shift driven by decarbonization and digitization.
Japan Times
JAPAN
Jan 27, 2023
Nissan recalls 520,000 cars over fault in engine part
The Yokohama-based automaker is recalling a combined 527,491 units of its X-Trail sports utility vehicle and Serena minivan, as well as Landy minivans supplied to Suzuki Motor.
Japan Times
BUSINESS / ANALYSIS
Jan 27, 2023
India's embrace of electric vehicles spurs expectations of earlier fuel-demand peak
EV sales are picking up and investment in the production of new autos and energy infrastructure is accelerating in the nation.
Japan Times
BUSINESS / Companies
Jan 27, 2023
Renault-Nissan alliance reboot will kick off with five projects
The desire to agree on fresh common projects as part of the three-way pact, also including junior partner Mitsubishi Motors, signals the companies see a joint future for the alliance.
Japan Times
BUSINESS / Companies / FOCUS
Jan 27, 2023
Lexus chief’s ascension comes at make-or-break moment for Toyota
Toyota surprised the market when it announced that Lexus President Koji Sato will take over from Akio Toyoda, the grandson of the venerable carmaker’s founder, effective April 1.

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