Tag - carmakers

 
 

CARMAKERS

Nissan is leveraging its e-Power hybrid technology in Tunisia as Africa is not ready in terms of infrastructure availability of electricity.
BUSINESS / Companies
Mar 27, 2024
Nissan to test African demand for its e-Power hybrid vehicle
Africa is the world's last remaining automotive frontier due to the low level of vehicle ownership.
Nissan Motor will launch 30 new models over the next three years, including 16 electrified models.
BUSINESS / Companies
Mar 25, 2024
Nissan to launch 30 new models by 2027 and boost global sales volumes
Nissan was a pioneer in EVs but the carmaker has been eclipsed by the likes of U.S. rival Tesla and Chinese leader BYD.
Visitors view a BYD Dolphin EV car at the 44th Bangkok International Motor Show in Bangkok in 2023.
BUSINESS / Companies
Mar 25, 2024
Chinese EV makers to take center stage at Bangkok motor show
The popularity of Chinese EVs in Thailand underscores the growing challenge Japanese auto giants face in a vehicle market they have long dominated.
Japanese automakers explore a unified approach and industry consolidation to stay competitive in the global EV market.
COMMENTARY / Japan
Mar 19, 2024
As China’s EVs approach, Japan’s carmakers must step on the gas
China sees an opportunity to dominate, and just as it did with sectors from steel to solar panels, it’s unlikely to always play fair.
Makoto Uchida (left), president and CEO of Nissan, and Honda President Toshihiro Mibe give a joint news conference in Tokyo on Friday to announce a new strategic partnership in electric vehicles.
BUSINESS / Companies
Mar 15, 2024
Nissan and Honda to explore electric vehicle partnership
Analysts said the move was aimed at catching up with Chinese rivals who have stolen a march in EVs while Japanese firms have lost ground.
Nissan is weighing jointly procuring some parts and sharing major components for EVs to lower costs, sources have said.
BUSINESS / Companies
Mar 14, 2024
Nissan considers EV cooperation with Honda
The two automakers have been ramping up efforts to strengthen their respective EV businesses in recent years.
Earl Stewart, a Toyota dealer, says he was shocked when he first heard about Toyota’s strategy.
BUSINESS
Mar 13, 2024
Toyota’s hybrid-first strategy is delivering big profits
Toyota’s sales are booming, and the company is reporting huge profits.
Zensho Holdings, the operator of Sukiya and other restaurant chains, will raise salaries of regular employees by 12.2% on average.
BUSINESS / Economy
Mar 12, 2024
Japan firms across sectors offer pay hikes of up to 12% in spring talks
Early wage deals with unions reflect a recovery in earnings from the worst of the COVID-19 pandemic as well as a sense of crisis over labor shortages.
A DJI drone emerges from the casing on top of a BYD Yangwang U8 vehicle.
BUSINESS / Companies
Mar 11, 2024
China EV makers woo buyers with in-car beds, kitchens and drones
Top EV makers are facing a slowdown in demand at home as consumers curb spending.
Nissan expects kei EV sales to expand, as kei cars are relatively inexpensive compared to regular cars and their size makes them suitable for short-distance trips.
BUSINESS / Companies
Mar 8, 2024
Nissan may bring ultra-compact EV production in-house from 2028, sources say
The automaker is considering moving production to its factory in Kyushu in the business year starting April 2028.
Vehicles on display at a Toyota car dealership in Rio de Janeiro, Brazil
BUSINESS / Companies
Mar 6, 2024
Toyota ups its bet on hybrids in Brazil with $2.2 billion plan
The firm will expand production capacity in Latin America’s largest economy for models that use hybrid-flex fuel technology.
The Fair Trade Commission will demand Nissan take measures to prevent a recurrence of unfair reductions in payments to subcontracting auto parts makers.
BUSINESS / Companies
Mar 4, 2024
Japan FTC to warn Nissan over payments to parts suppliers
The reductions are estimated to total about ¥3 billion for more than 30 suppliers over the past several years.
The assembly line at a production facility for Nio, a maker of electric cars, in Hefei, China, on Dec. 4. U.S. President Joe Biden has ordered an investigation into auto software that could track U.S. drivers, part of a broader effort to stop electric vehicle imports from China.
BUSINESS / Tech / ANALYSIS
Mar 2, 2024
The politics and economics behind Biden's China car espionage probe
The U.S. leader's saber-rattling as another opportunity to demonstrate he is tough on China, experts say.
Daihatsu saw its sales fall by about 60% in January amid a scandal over fraudulent testing.
BUSINESS
Mar 1, 2024
Japan auto sales down almost 20% in February
The decline reflected the effects of certification test scandals, with new vehicle sales at Daihatsu down roughly 80% and those at Toyota down about 30%.
The revamped BYD Atto 3 in Tokyo. A perceived resistance in Japan to battery EVs and foreign brands is seen as a major barrier for BYD.
BUSINESS / Companies
Mar 1, 2024
BYD bolsters Japan push with EV lineup and dealership network
The Chinese carmaker has sold less than 1,500 passenger cars in 2023 in the Japanese market, which is dominated by hybrids.
Nissan is planning an autonomous vehicle ride-share service for Japan with a 2027 launch date to address a lack of taxi drivers due to the nation’s aging population.
BUSINESS / Companies
Feb 28, 2024
Nissan plans 2027 driverless ride-share service for aging Japan
Nissan will trial the service in Yokohama's Minato Mirai area, with 20 vehicles equipped with a safety monitor in each driver’s seat.
A Honda CR-V e:FCEV on display at H2 & FC Expo in Tokyo on Wednesday
BUSINESS / Companies
Feb 28, 2024
Honda to sell plug-in hydrogen vehicle in North America, Japan
Japan's second-largest carmaker hopes to ease drivers’ anxiety over finding hydrogen stations by adding electric recharging capabilities.
Toyota's domestic sales for January fell for the first time in 13 months as a data-rigging scandal at its small-car unit Daihatsu led to a production halt of some Toyota brand cars the unit made.
BUSINESS / Companies
Feb 28, 2024
Toyota Group sales lose steam amid fallout from test data scandals
Domestic sales for January fell for the first time in 13 months while worldwide production fell 3.8%, the first global decline in 13 months.
Toyota Industries President Koichi Ito (right) receives an operation correction order from transport ministry director-general Hirohisa Tsuruta at the transport ministry in Tokyo on Thursday.
BUSINESS / Companies
Feb 22, 2024
Japan transport ministry punishes Toyota affiliate over data-rigging
Despite the corrective order, the ministry said that it has not found any misconduct that warrants revoking approval for Toyota's automobile engines.
Brooklyn-based startup HEVO is working with other firms to develop wireless EV charging systems.
BUSINESS / Tech
Feb 22, 2024
Wireless charging for electric cars is inching closer to reality
Major hurdles include slow charging speeds and the money and interest needed to build stations and get more carmakers on board.

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