Tag - carmakers

 
 

CARMAKERS

Japan Times
BUSINESS / Companies
Apr 23, 2020
Regional governor pledges support for Toyota suppliers as production dips
As Toyota prepares to nearly halve production at Japanese factories, a regional governor said Thursday he would offer ¥400 billion ($3.72 billion) in emergency loans for small and midsize companies including Toyota's suppliers.
Japan Times
BUSINESS / Companies
Apr 17, 2020
Toyota teams up with Nihon Kohden to boost ventilator production in Japan
Nihon Kohden Corp. has said it will ramp up ventilator production by working with Toyota Motor Corp. in order to prepare for the possible wider spread of COVID-19 in Japan, which has so far appeared to avoid the spikes in cases seen in the U.S. and Europe.
Japan Times
BUSINESS / Companies
Apr 14, 2020
Japan carmakers will recover fast with Honda buy rating, Goldman says
The coronavirus outbreak will reduce Japanese automakers’ combined operating profit by 38 percent this business year, but the manufacturers may rebound faster than they did after the global financial crisis more than a decade ago, according to analysts at Goldman Sachs Group.
Japan Times
BUSINESS / Companies
Apr 9, 2020
Japan carmakers cut off pay to 32,000 in North America
The bulk of the furloughs are at Honda and Nissan, while Toyota is mainly targeting its temporary staff for now.
Japan Times
BUSINESS
Apr 9, 2020
A car boom in Wuhan brings hope for post-lockdown recovery
If a stream of visitors to auto dealerships in the virus-hit city is any indication, the recovery of the car business in China and perhaps the world could be rapid.
Japan Times
BUSINESS / Companies
Apr 1, 2020
How Tesla fought to keep its U.S. plant open despite lockdown order
Tesla Inc.’s lone U.S. assembly plant posed a risk to public health by staying open for days in spite of San Francisco Bay area shelter-in-place orders, according to documents obtained through a California public records request.
Japan Times
BUSINESS / Companies
Mar 28, 2020
Toyota retools idled U.S. factories for face shield and mask production
Toyota Motor Corp.'s idled manufacturing facilities in the U.S. will make much-needed face shields and masks, and the auto giant is also closing in on deals with makers of medical devices to help them boost production.
BUSINESS
Mar 28, 2020
GM will pay $120 million over faulty ignition switches
General Motors Co. has agreed to a $120 million settlement over faulty ignition switches that allegedly caused cars to stall and air bags to deploy, in some cases triggering fatal accidents.

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?