Tag - carmakers

 
 

CARMAKERS

Vehicles parked at a General Motors complex in Silao, Guanajuato state, Mexico
BUSINESS / Economy
Feb 3, 2025
Car prices face $3,000 increase in U.S. as tariffs hit auto sector
The tariffs are set to take effect at 12:01 a.m. on Tuesday, giving manufacturers less than 48 hours to figure out what to do.
Motorcycles on display at the Honda pavilion at the Bangkok International Motor Show in Bangkok in March 2024
BUSINESS / Companies
Feb 3, 2025
Honda’s motorcycle business is the gem in a messy Nissan union
Two-wheelers accounted for about 16% of Honda’s sales last fiscal year but an outsized 40% of its operating profit.
Nissan President Makoto Uchida (left), Honda President Toshihiro Mibe and Mitsubishi Motors President Takao Kato at a news conference in Tokyo on Dec. 23.
BUSINESS / Companies
Jan 31, 2025
Honda and Nissan to unveil integration outline in mid-February
Mitsubishi Motors will postpone making a final decision on whether to join the integration.
Honda and Nissan announced in December that they plan to unite both brands under a single holding company.
BUSINESS / Companies
Jan 30, 2025
Case for Honda-Nissan tie-up strengthened as sales fall at both automakers
In the competitive China market, Nissan’s sales fell 12% last year while Honda saw a 30% decline.
"As main shareholder of Nissan, Renault will consider all options based on the best interest of the group and its shareholders,” said a spokesperson for Renault, regarding a merger of Nissan and Honda.
BUSINESS / Companies
Jan 30, 2025
Renault seeks takeover premium from Honda for Nissan stake
Representatives for Renault flew to Japan earlier this week to voice concerns over how a tie-up may be structured, sources said.
Nissan said Wednesday that it will move to a single shift from mid-April at one production line in each of two U.S. factories, and seek an unspecified number of voluntary buyouts or early retirements.
BUSINESS / Companies
Jan 30, 2025
Nissan plans job and output cuts at U.S. vehicle assembly plants
Nissan has pledged to cut 9,000 jobs globally and reduce production capacity by 20%.
Honda's electric two-wheeler concept models are on display at it's headquarters in Tokyo. Honda aims to capture half of the world’s motorbike market.
BUSINESS / Companies
Jan 28, 2025
Honda sets its sights on 50% share of world’s motorcycle market
The company's global motorcycle sales are forecast to reach 20.2 million for the fiscal year ending this March, which would give it a share of about 40%.
Nissan’s latest crisis surfaced in November when it reported a 94% drop in first-half net income.
BUSINESS / Companies
Jan 27, 2025
Nissan eyes cuts without resorting to plant closures, sources say
The carmaker will focus on reducing and consolidating existing production lines both in Japan and overseas to cut costs.
The start date and production levels for battery-powered Nissan cars to be manufactured at a plant in Canton, Mississippi, will depend in large part on whether U.S. President Donald Trump and the Republican Congress follow through on vows to scrap a $7,500 tax credit and other incentives for buyers and makers of EVs.
BUSINESS / Companies
Jan 25, 2025
Nissan looks to Trump-proof North American production plans
Nissan may slow a planned ramp-up of electric vehicles made in the U.S. after halting output at a joint venture in Mexico.
Mitsubishi Motors is unlikely to join Honda and Nissan's deal to create a holding company together, it was reported Friday.
BUSINESS / Companies
Jan 24, 2025
Mitsubishi Motors won’t join Honda and Nissan tie-up, Yomiuri says
Mitsubishi Motors hasn’t made any announcements and is considering all options, a spokesperson for the company said.
A trailer transports Nissan’s NV200 Venette minivans in Yokosuka, Kanagawa Prefecture.
BUSINESS / Companies
Jan 21, 2025
Nissan to end production of compact van as Honda rescue looms
Manufacturing unit Nissan Shatai hasn’t made any decisions on job cuts, a Nissan spokesperson said.
Car dealer Toyota Mobility Tokyo and used car dealer Goodspeed are believed to have committed illegal practices, such as discounting vehicles in exchange for buying specific insurance products.
BUSINESS / Companies
Jan 21, 2025
Japan's FSA to issue business improvement order to Toyota dealer
The Toyota subsidiary and Goodspeed are suspected of illegal practices such as discounting vehicles in exchange for buying specific insurance products.
An employee at an auto parts maker in Ota, Gunma Prefecture. The automotive industries, which give fewer days off than other sectors do, are falling behind in the recruitment of new workers.
BUSINESS
Jan 19, 2025
Japan auto unions aiming to get five more days off in 2025
The number of nonworking days in the automotive industries has not increased in recent years and lags behind other sectors.
Hino Motors was charged with fraud in the U.S. District Court in Detroit for unlawfully selling 105,000 heavy-duty diesel engines in the United States from 2010 through 2022 that did not meet emissions standards.
BUSINESS / Companies
Jan 16, 2025
Hino Motors reaches $1.6 billion U.S. diesel emissions settlement
Hino said it booked an extraordinary loss of ¥230 billion in its second quarter results in October to cover the expected costs of resolving the litigation.
Suzuki Motor President Toshihiro Suzuki (right) listens to explanations on the use of cow feces as fuel for cooking in Gujarat, western India, on Dec. 25.
BUSINESS / Companies
Jan 15, 2025
Suzuki Motor eyes cow feces for biogas fuel in India
The automaker is exploring means other than electric vehicles for realizing carbon neutrality.
Toyota is one of many large employers in the U.S. ordering workers to their desks in recent months, ending policies implemented during the COVID pandemic.
BUSINESS / Companies
Jan 14, 2025
Toyota wants salaried staff back in office four days a week
Toyota denied the move is designed to reduce headcount but warned failure to comply could lead to "termination of employment.”
Volkswagen ID. Buzz electric vehicles are lined up at the company's plant in Hanover, Germany, on Dec. 17.
BUSINESS / Companies
Jan 9, 2025
Germany electric vehicle sales go into reverse
Just 380,609 EVs were registered in 2024 in Europe's largest auto market, 27.4% fewer than in the previous year.
The decrease in sales of imported foreign-brand vehicles in Japan in 2024 was apparently because of Houthis attacks on ships that disrupted commercial shipping and rising materials costs that sent vehicle prices higher.
BUSINESS / Economy
Jan 9, 2025
Japan sales of foreign-brand vehicles fall 8.5% in 2024
Sales of foreign-brand vehicles priced lower than ¥4 million plunged 28.6%, while sales of those priced between ¥4 million and less than ¥10 million dipped 2.2%.
Prototypes for Honda 0 Series EVs, set to launch in 2026, were revealed on Tuesday in Las Vegas.
BUSINESS / Companies
Jan 8, 2025
Honda showcases U.S.-made EVs as it considers slowing investments
The firm plans to introduce 30 new electric vehicles globally by 2030.
Nissan's Ariya electric crossover sport utility vehicle on the production line at the company's plant in Kaminokawa, Tochigi Prefecture
BUSINESS / Companies
Jan 7, 2025
Japan’s carmakers vow closer ties to regain ground in China
Japan’s automakers are united in their struggle to regain ground they’ve lost to the flashy offerings that have turned China into a global EV superpower.

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The sun shines from behind a waving Philippine flag at the Manila American Cemetery and Memorial.
Eighty years after the Battle of Manila, old foes forge new ties