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November 23, 2024
 

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CARMAKERS

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
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.
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
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.
Tokyo Metro’s overseas efforts begin in earnest with London deal
Tokyo Metro will soon have a role in the running of London's Elizabeth Line, a major train route serving the U.K.’s capital city and environs.
U.S. aircraft carrier returns to Japan carrying navy’s ‘most capable fighter’
U.S. 7th Fleet Commander Vice Adm. Fred Kacher speaks to reporters shortly after the arrival of aircraft carrier USS George Washington at Yokosuka naval base in Kanagawa Prefecture on Friday.
Man charged with murder allegedly made victim date other men for money
A car carrying suspect Ryotaro Masuda, who was indicted for allegedly beating his 25-year-old girlfriend to death, leaves the Shibuya Police Station in Tokyo on Thursday.
Russia fired experimental ballistic missile at Ukraine, Putin says
Ukrainian firefighters work on a spot following an airstrike in Dnipro on Thursday.
Ex-yokozuna Kitanofuji dies at 82
Yokozuna Kitanofuji enters the ring during the May 1970 grand sumo tournament in Tokyo.
Shohei Ohtani wins National League MVP award
Shohei Ohtani celebrates after hitting a three-run home run against the Padres during the National League Division Series at Dodger Stadium in Los Angeles last month.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”
Around a quarter of Japan married couples in their 20s met through dating apps
A survey released by an organization promoting “Good Couples Day” shows that 24% of couples in their 20s met their marriage partner through a dating app.
'Tokyo Swindlers': Get deep into the minds of real estate con artists
In Ko Shinjo's "Tokyo Swindlers," a group of con artists manipulates real estate giants into falsified deals within the highly competitive, quick market.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.

Podcast

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Longform

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A boom for business tourism in Japan?
By Kathryn Wortley

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