Tag - carmakers

 
 

CARMAKERS

Japan Times
BUSINESS
Feb 11, 2020
Japanese firms moving production sites to Southeast Asia as coronavirus outbreak disrupts supply chains
Japan's manufacturers have started moving production out of China because they fear the deadly coronavirus outbreak could prolong plant closures and wreak more havoc on their supply chains.
Japan Times
BUSINESS
Feb 11, 2020
Nissan to become first Japanese carmaker to halt domestic plant operations over coronavirus outbreak
Nissan Motor Co. plans to halt operations at a plant in southwestern Japan for two days this month due to disruptions to parts supplies from China amid the new coronavirus outbreak, sources have said, becoming the first Japanese automaker to halt domestic plant operations over the crisis.
Japan Times
JAPAN
Feb 11, 2020
Eyeing TV and film deals, Carlos Ghosn hires legendary agent Michael Ovitz
Few people in Hollywood are more familiar with entertainment negotiations than Ovitz, who has been one of the industry's most prominent deal-makers since the 1980s.
Japan Times
BUSINESS
Feb 11, 2020
Some Japanese manufacturers restart operations in China after coronavirus suspensions
Some Japanese manufacturers are resuming operations in China after suspensions caused by the new coronavirus outbreak, while others are putting off restarts due to concerns about supply chain conditions or the lack of available workers.
Japan Times
BUSINESS
Feb 11, 2020
Carlos Ghosn used Nissan-Mitsubishi venture to inflate pay, companies' lawyers allege
Carlos Ghosn, the fugitive former auto executive, used a joint venture between Nissan and Mitsubishi to inflate his pay, effectively clawing back a cut to his declared wages, and to cover a personal tax debt, lawyers for the companies said on Monday.
BUSINESS
Feb 8, 2020
Trump administration closes antitrust probe of carmakers over emissions pact
The Justice Department has abandoned its antitrust probe of four automakers that sided with California over President Donald Trump in a fight over the future of fuel economy and emissions requirements.
Japan Times
BUSINESS / Companies
Feb 7, 2020
Toyota to delay restart of China plants for another 10 days in light of Wuhan outbreak
Toyota Motor Corp. said Friday it will further delay the restart of its China operations because of the spreading coronavirus outbreak that began in Wuhan.
Japan Times
BUSINESS / Companies / FOCUS
Feb 7, 2020
Japan carmakers brace for supply and demand nightmares due to coronavirus
As many of them know, 'it's impossible to manufacture cars without China.”
Japan Times
BUSINESS / Companies
Feb 6, 2020
Toyota boosts profit forecast on weak yen, but coronavirus not factored in
The epidemic is likely to wreak havoc on auto sales and production in China in the first quarter.
Japan Times
BUSINESS
Feb 6, 2020
Nissan completes U.K.'s longest and most complex driverless car trip
A Nissan car has completed a 370-kilometer journey autonomously in the U.K., the longest and most complex such trip in the country, as carmakers race to develop the driverless technologies set to revolutionize travel.
Japan Times
BUSINESS
Feb 5, 2020
Hyundai to halt South Korea output as new coronavirus disrupts parts supply
Hyundai Motor will suspend production in South Korea because the outbreak of the new coronavirus has disrupted the supply of parts, it said, becoming the first major carmaker to do so outside of China.
Japan Times
BUSINESS / Companies
Feb 4, 2020
Toyota's Lexus brand surges globally despite U.S. sales stall
Toyota Motor Corp.'s luxury Lexus brand posted a double-digit sales gain last year, taking its 30th anniversary in stride as strength in China and Europe offset stalled demand in North America.
Japan Times
BUSINESS
Feb 4, 2020
China plant-closing cascade may cost automakers 1.7 million cars
Forget about clinging to hopes that China, the world's largest car market, will recover from its unprecedented two-year slump anytime soon.
Japan Times
BUSINESS
Feb 4, 2020
Tesla up 20% after Panasonic posts first quarterly profit at battery business
Tesla Inc.'s stock surged 20 percent on Monday in its largest one-day gain since 2013, fueled by a quarterly profit at Panasonic's battery business with the U.S. carmaker and an investor report predicting its shares would rise more than ten-fold by 2024.
Japan Times
BUSINESS / Companies
Feb 3, 2020
Nissan's Brexit scenarios include closing European plants, report says
Japanese automaker Nissan Motor Co. has drafted a contingency plan to focus on its Sunderland plant in the U.K. and cut European production if a hard Brexit leads to tariffs on car imports from the continent, the Financial Times reported, citing two people involved in the discussions.
Japan Times
BUSINESS / Companies
Jan 30, 2020
Toyota second in 2019 global car sales, overtaking Nissan-Renault
Toyota sold a record 10.74 million units globally in 2019, up 1.4 percent from a year earlier.
Japan Times
BUSINESS / Companies
Jan 29, 2020
Toyota stops production in China until Feb. 9 amid coronavirus outbreak
Toyota Motor Corp. is halting operations in China at least until Feb. 9, joining a growing list of global companies that have cut back on business activities in China as a new coronavirus infection spreads.
Japan Times
BUSINESS / Companies
Jan 29, 2020
Nissan takes an ax to the house that Ghosn built with new cost-cutting measures
Nissan is planning aggressive cost cuts to deal with an unexpected slump in sales as the expansionist strategy it inherited from fugitive former Chairman Carlos Ghosn flounders, four people familiar with the plans said.
Japan Times
BUSINESS
Jan 28, 2020
Panel upholds decision not to indict ex-Nissan chief Hiroto Saikawa
A prosecution inquest panel has upheld a decision not to indict former Nissan Motor Co. chief Hiroto Saikawa over a case of financial misconduct allegedly involving ex-Chairman Carlos Ghosn, informed sources said.
Japan Times
BUSINESS
Jan 28, 2020
Auto tariffs to be key topic in Japan-U.K. trade talks after Brexit
Auto tariffs are expected to come up as a top agenda item in Japan-U.K. trade talks that are expected to start as early as this spring after the latter's exit from the European Union.

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