Tag - carmakers

 
 

CARMAKERS

Japan Times
BUSINESS / Companies
Mar 7, 2022
Transport ministry raids Hino Motors over false emissions data
The company's shares plunged 17% after the raid, dropping by the maximum daily limit allowed under Tokyo exchange rules.
Japan Times
BUSINESS
Mar 5, 2022
A deal with a Putin ally leaves automaker Renault trapped in Russia
The French company has lost nearly 30% of its market value in the wake of Russia's invasion of Ukraine and ensuing economic sanctions.
Japan Times
BUSINESS / Companies
Mar 4, 2022
Toyota subsidiary Hino admits yearslong use of fraudulent emissions data
The use of fraudulent data has been ongoing since at least 2016, with the company having sold at least 115,526 vehicles with engines certified by the government based on rigged data.
Japan Times
BUSINESS / Companies
Mar 4, 2022
Nissan won’t appeal ruling that carmaker hid Carlos Ghosn’s pay
Meanwhile, lawyers for Nissan's former director, Greg Kelly, said they will appeal a ruling that saw him given a suspended sentence.
Japan Times
BUSINESS / Companies
Mar 4, 2022
Honda joins Ford by selling green bonds in electric car push
Companies and governments are rushing to the green bond market to finance all kinds of environmentally-friendly initiatives.
Japan Times
BUSINESS / Companies
Mar 2, 2022
Toyota to suspend Russian car production, vehicle imports
While Western companies have spurned Russia following its invasion of Ukraine, the response of many Japanese firms has been more muted.
Japan Times
BUSINESS / Companies
Mar 2, 2022
Toyota restarts all domestic plants after cyberattack at supplier hit operations
Plant suspensions at the automaker resulted in a production loss of about 13,000 vehicles, or 5% of monthly output.
Japan Times
BUSINESS
Mar 2, 2022
Japan's fourth-quarter capital expenditures growth rises
Japanese firms increased spending on plant and equipment for the third consecutive quarter in October to December.
Japan Times
BUSINESS / Companies
Feb 28, 2022
Toyota to restart all suspended Japan plants after supplier cyberattack
As a result of the attack on major business partners, the automaker took the decision to halt factories on Tuesday.
Japan Times
BUSINESS / Economy
Feb 28, 2022
Domestic output of Japanese automakers hit lowest level in 45 years in 2021
According to the Japan Automobile Manufacturers Association, total output in Japan decreased for the third straight year.
Japan Times
BUSINESS / Companies
Feb 27, 2022
Ex-Carlos Ghosn aide Greg Kelly confident of winning acquittal
The former Nissan executive is accused of understating remuneration by around u00a59 billion, violating Japan's financial instruments and exchange law.
Japan Times
BUSINESS / Companies
Feb 25, 2022
Russia-Ukraine conflict pushes Nippon Steel to tap alternative sources of iron ore
About 14% of Nippon Steel's iron ore pellet feedstock currently comes from Russia and Ukraine, Takahiro Mori, the firm's executive vice president, said in an interview.
Japan Times
BUSINESS / Companies
Feb 18, 2022
BMW brings new EV to Japan as country warms up to electric cars
Registrations for imported EVs totaled 8,610 units last year, up from 3,238 in 2020, fueled in part by a price cut for Tesla Inc.'s Model 3.
Japan Times
BUSINESS / Companies
Feb 18, 2022
Nissan to build two new EV models in Mississippi by 2025 in latest U.S. push
Nissan plans to invest u00a557.5 billion in technology needed for EV-specific assembly lines at the plant in Canton.
Japan Times
BUSINESS / Companies
Feb 16, 2022
Toyota supplier Denso joins TSMC in building new chip factory in Japan
The Toyota group company will invest u00a540 billion ($350 million) in a TSMC-Sony joint venture set up for a TSMC chip plant in Kumamoto Prefecture.
Japan Times
BUSINESS
Feb 12, 2022
Hyundai takes a second run at China market with luxury Genesis brand
The South Korean firm is far from the top car brand of choice in China but its luxury-car division is seeking to change all that with a direct-to-market strategy targeting young consumers.
Japan Times
BUSINESS / ANALYSIS
Feb 12, 2022
World's damaged supply chains brace for painful recovery
Trade channels have become so clogged it could be into 2023 before the worst-hit industries see business remotely as usual — even without a turn in the pandemic.
Japan Times
BUSINESS / Companies
Feb 10, 2022
Japan’s carmakers endured a tough 2021. Now it’s down to chips.
Despite Japanese carmakers being on track to increase profit, many have realized they are not in the clear yet as the supply of semiconductor chips continues to be slow.
Japan Times
BUSINESS / Companies
Feb 7, 2022
Tesla escapes niche position as Japan starts to embrace EVs
In 2021, new registrations of imported EVs nearly tripled to 8,610, a small but remarkable shift in a country where overall automobile sales have stalled.
Japan Times
BUSINESS / Companies
Feb 4, 2022
Hyundai jumps back into Japan with an online-only, all-electric plan
The last time Hyundai sold a car in Japan was in 2009, when it pulled out after years of dismal sales.

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