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July 17, 2024
 

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CARMAKERS

Japan Times
BUSINESS
Mar 3, 2020
Honda to cut output at two Japan plants as virus disrupts parts supply
Honda Motor Co. will reduce vehicle output at two of its plants in Saitama Prefecture for a week or so this month over worries about a stable supply of parts from China, where the coronavirus outbreak continues to disrupt production, according to sources.
Japan Times
BUSINESS / Companies
Feb 29, 2020
Nissan slapped with ¥2.4 billion fine over Ghosn compensation scandal
The fine is the second-highest imposed by the Financial Services Agency after the u00a57.37 billion fine on Toshiba Corp. in 2015.
Japan Times
BUSINESS
Feb 28, 2020
Japanese automakers' output in China tumbles in January
Automobile production by major Japanese makers in China plunged in January from a year earlier, data from the companies showed Thursday.
Japan Times
BUSINESS
Feb 27, 2020
Autonomous driving startup Pony.ai raises $462 million in Toyota-led funding
Autonomous driving firm Pony.ai said it raised $462 million in its latest funding round, led by an investment by Toyota Motor Corp.
Japan Times
BUSINESS / Companies
Feb 26, 2020
Panasonic to end tie-up with Tesla over solar cell production
Panasonic Corp. will end its tie-up with U.S. electric-car maker Tesla Inc. in producing solar cells after years of struggling to boost output, sources said Wednesday.
BUSINESS
Feb 25, 2020
Nissan warns about future of European plants as Brexit weighs
Nissan Motor Co. gave the starkest warning yet on the future of the Japanese group's car factories in Western Europe, with a plant in the U.K. threatened by Brexit and another in Spain suffering from a slump in demand.
Japan Times
BUSINESS / Companies
Feb 24, 2020
Up to 2,000 will be thrown out of work by Honda shuttering unit in Philippines
As many as 2,000 workers are expected to be negatively affected by the decision by the Philippine unit of Honda Motor Co. to stop local production, the country's biggest labor coalition said.
Japan Times
BUSINESS
Feb 23, 2020
Germany's mighty carmakers watch with fear as 'golden age' fades
When Kristin and Thomas Schmitt took out a mortgage and bought a house last summer, the German couple's dream looked as if it was coming true. Two months later, they learned that the tire factory where both work would be shut down early next year.
Japan Times
BUSINESS
Feb 21, 2020
Nissan and Honda delay restart of China plants due to COVID-19
In compliance with local directives, Japanese automakers on Friday delayed the restart of plants in China near outbreaks of the new coronavirus COVID-19, raising the risk of further supply disruptions that could affect global car production.
Japan Times
BUSINESS / Companies
Feb 19, 2020
Moody's downgrades Renault to 'junk' status, capping disastrous year without Ghosn
Renault SA had its credit rating cut to junk by Moody's Investors Service after the French carmaker posted its first annual loss in a decade and indicated operating margins are set to shrink.
Japan Times
BUSINESS / Companies
Feb 18, 2020
Honda to reorganize development operations in bid to increase efficiency
Honda Motor Co. said Tuesday it will reorganize its vehicle development operations on April 1 in a bid to boost efficiency.
Japan Times
BUSINESS / Companies
Feb 18, 2020
Nissan CEO tells angry shareholders he is ready to be sacked if no turnaround
Nissan Motor Co.'s new chief executive said Tuesday he will accept being fired if he fails to turn around Japan's second-biggest automaker, which is grappling with plunging sales in the aftermath of the scandal surrounding former Chairman Carlos Ghosn.
Japan Times
BUSINESS / Companies
Feb 17, 2020
Toyota and Mazda resume some China operations after COVID-19 suspension
Toyota Motor Corp. and other major Japanese carmakers operating in China said Monday they have partially resumed operations suspended by the coronavirus outbreak.
Japan Times
BUSINESS
Feb 17, 2020
German court delays Tesla Berlin factory preparation amid environmental challenge
Elon Musk's plan to build an electric car plant in Germany has run into legal trouble after a court said clearing a forest near Berlin for a new Tesla Inc. factory must stop immediately while it considers a challenge by environmentalists.
Japan Times
BUSINESS
Feb 14, 2020
On heels of quarterly loss, Nissan again slashes full-year outlook amid economic uncertainties
After posting only its first third quarterly loss in 11 years, Nissan Motor Co. on Thursday again cut its annual profit forecast due to weak demand and economic uncertainties.
Japan Times
BUSINESS / Companies
Feb 14, 2020
Honda to postpone restart of Wuhan factories by a week over COVID-19
Honda Motor Co. said Friday it will postpone the restart of its plants in Wuhan, the epicenter of China's coronavirus outbreak, by a week at the request of local authorities.
BUSINESS / Markets
Feb 14, 2020
After 59% returns, palladium rally endangered by massive drop in China car sales
A record 22 percent slump in China's January car sales is threatening to derail the rally in palladium, used to curb emissions from vehicles.
BUSINESS
Feb 13, 2020
Japanese firms struggle to restart China factories amid COVID-19 outbreak
Japanese manufacturers in China are facing challenges getting restarted after the extended Lunar New Year holiday because of restrictions on the movement of people and goods caused by COVID-19.
Japan Times
BUSINESS / Companies
Feb 12, 2020
Nissan sues Ghosn in Japan, seeks ¥10 billion in damages
Nissan Motor Co. is stepping up its pursuit of claims against former Chairman Carlos Ghosn, suing for ¥10 billion ($91 million) in damages from the former leader of the Japanese automaker and its alliance with Renault SA.
Japan Times
BUSINESS
Feb 11, 2020
Union at MUFG Bank to scrap demand for uniform pay increase
The labor union at MUFG Bank plans to scrap its current system of seeking pay scale hikes at a uniform rate for all workers in this year's shuntō labor management talks, it has been learned.
Who needs AI when you have Hatsune Miku?
Over the first six months of 2024, a handful of songs using Vocaloid singer Hatsune Miku’s voice have enjoyed widespread attention, underlining a global interest in the character and the technology she represents.
Yen’s woes seem too big for even a BOJ hike this month to solve
The Bank of Japan headquarters in Tokyo
China’s economic growth comes in worse than expected
Pedestrians in the Wangfujing shopping area in Beijing on July 11, 2024. China's economic growth in the second quarter was lower than forecast, adding pressure on Chinese leaders to lift confidence at the Chinese Communist Party's third plenum this week.
Kansai airports to increase takeoff and landing slots ahead of Osaka Expo
Kansai International Airport in Izumisano, Osaka Prefecture. The upper limit on the number of takeoff and landing slots at the airport as well as Kobe Airport in Hyogo Prefecture will be raised in spring next year ahead of the 2025 World Exposition in Osaka.
Shooter came within inches of killing Trump, but left few clues as to why
An aerial view shows the stage where Republican presidential candidate and former U.S. President Donald Trump had been standing during an assassination attempt the day before, and the roof of a nearby building where a gunman was shot dead by law enforcement, in Butler, Pennsylvania, on Sunday.
The neurological disorder that 'kills culture'
Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
After Trump shooting, U.S. presidential race might take a violent turn
United States Secret Service Counter Snipers stand guard on a rooftop during a campaign rally for U.S. President Donald Trump in Avoca, Pennsylvania, in 2020.
No AC this summer? No problem (for me).
Think air conditioning is a requirement for a Tokyo summer? Think again.
She’s paying ¥1 million to help behind the scenes at the Paris Olympics
Mai Tarumi, who previously volunteered at the postponed Tokyo Olympics in 2021, has a travel budget of ¥1 million for her trip to volunteer at the Paris Games.

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Longform

Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
The neurological disorder that 'kills culture'
By Tomoko Otake

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