Tag - carmakers

 
 

CARMAKERS

Japan Times
BUSINESS
Sep 13, 2019
German auto lobby chief suddenly quits in midst of Frankfurt show
Bernhard Mattes, the head of Germany's auto lobby group VDA, resigned unexpectedly this week in the middle of the Frankfurt motor show, the showcase event the group hosts every two years.
Japan Times
BUSINESS / Companies
Sep 12, 2019
Toyota tests solar-powered Prius in quest for plug-free electric car
Inspired by new ultrathin solar panels developed for satellites, a project led by Toyota Motor Corp. is experimenting with a sun-powered Prius that it hopes will one day operate without needing to be plugged in.
Japan Times
BUSINESS
Sep 12, 2019
Chinese auto firms out in force at Frankfurt car show, led by battery makers
Chinese suppliers and manufacturers have stepped up their presence at the Frankfurt auto show, capitalizing on their strong position in electric technologies being forced on European carmakers by regulators seeking to curb pollution.
Japan Times
BUSINESS
Sep 12, 2019
BMW Japan raided by FTC over allegations it set unfair sales quotas: sources
Japan's Fair Trade Commission raided BMW Japan Corp. on Wednesday for allegedly imposing unreasonable sales quotas on its distributors and making them buy vehicles when they missed the targets.
Japan Times
BUSINESS / Companies / ANALYSIS
Sep 9, 2019
Hiroto Saikawa's departure only adds to Nissan's uncertainty
Nissan Motor Co. has announced that CEO Hiroto Saikawa will step down next Monday, which will likely add another layer of dark clouds over the viability of the Yokohama-based automaker already mired in low profits, waning trust in corporate governance and a shaky alliance with French Renault SA.
Japan Times
BUSINESS / Companies
Sep 8, 2019
Nissan CEO Hiroto Saikawa to step down, report says
Nissan Motor Co. CEO Hiroto Saikawa, whose tenure has been rocked by a scandal leading to the downfall of one of the most charismatic leaders in Japanese business and raising serious questions over the company's corporate governance, has expressed his intention to step down, the Nikkei business daily...
Japan Times
BUSINESS / Companies
Sep 7, 2019
Nissan concludes internal probe into alleged financial misconduct by former Chairman Carlos Ghosn
Nissan Motor Co.'s internal investigation into former Chairman Carlos Ghosn's alleged financial misconduct has been completed and the results will be reported to its board meeting next week, sources close to the matter said Saturday.
Japan Times
BUSINESS / Companies
Sep 7, 2019
Top Nissan investigator into CEO Hiroto Saikawa's excess pay set to quit carmaker
Nissan Motor Co.'s internal investigation into former Chairman Carlos Ghosn's alleged financial misconduct has been completed and the results will be reported to its board meeting this coming week.
BUSINESS / Companies
Sep 6, 2019
Nissan overpaid Carlos Ghosn whistleblower Hari Nada along with CEO Hiroto Saikawa
Nissan Motor Co. overpaid other executives in addition to its chief executive officer, according to people with knowledge of the matter, among them Senior Vice President Hari Nada, a key figure in the downfall of former Chairman Carlos Ghosn.
Japan Times
BUSINESS / Companies
Sep 6, 2019
Nissan mulls exit from South Korea as trade tensions rise: newspaper
Nissan Motor Co. is considering pulling out of South Korea, the Financial Times reported on Friday, as political and trade tensions between Japan and South Korea have caused sales of Japanese products in the neighboring country to plummet.
Japan Times
BUSINESS
Sep 6, 2019
U.S. and Japan rush to finish trade deal by Trump's tight deadline
The U.S. and Japan are still thrashing out details of a trade deal that President Donald Trump wants to sign this month, including the crucial issue of whether he'll refrain from imposing higher tariffs on imported cars, according to people familiar with the matter.
Japan Times
JAPAN
Sep 5, 2019
Japan will let up to 100 self-driving cars roam freely ahead of Olympics
For seven days next July, just before the Summer Olympics begin, Tokyo will let dozens of self-driving vehicles roam freely around the competition venues in the city's waterfront area to promote the nascent technology.
Japan Times
BUSINESS / Companies
Sep 5, 2019
Nissan CEO Saikawa admits receiving too much pay under executive equity plan
Saikawa said he will return the excess amount to the automaker, while revealing that other executives have also received overpayments.
BUSINESS / Tech
Sep 5, 2019
Automakers to add alerts to prevent child deaths from heat stroke
Automakers pledged to equip nearly all new cars with reminders to check the rear seats for children, a move that one safety advocate says doesn't go far enough to prevent dozens of children who die each year from heatstroke after being left in vehicles.
BUSINESS
Sep 3, 2019
METI chief and French counterpart affirm support for Nissan-Renault amid rapid industry changes
The Japanese and French economy ministers agreed Monday to support the alliance between Nissan Motor Co. and Renault SA in its bid to improve competitiveness in an auto industry rapidly shifting to electrified and self-driving vehicles, the Ministry of Economy, Trade and Industry said.
Japan Times
BUSINESS / Companies
Aug 30, 2019
Fire breaks out at Toyota's HQ in Aichi; no one injured
Toyota Motor Corp was investigating a blaze Friday at its headquarters in Toyota, Aichi Prefecture, that is believed to have broken out in the technology development division, a company spokeswoman said.
Japan Times
BUSINESS
Aug 30, 2019
Volvo unit's autonomous truck goes the distance in test as Hokkaido faces driver shortage
The Japanese unit of Sweden's AB Volvo demonstrated for journalists on Thursday a highly autonomous truck at a sugar factory in Hokkaido, where it moved for about 1.5 kilometers (1 mile) without the involvement of a human driver.
Japan Times
BUSINESS / Companies
Aug 28, 2019
Toyota and Suzuki to form capital alliance as auto industry undergoes dramatic shift
Toyota will acquire 5 percent of Suzuki shares for about u00a596 billion, while Suzuki will get a smaller holding valued at about u00a548 billion in Japan's biggest automaker.
Japan Times
BUSINESS
Aug 27, 2019
Trump keeps Japan auto import tariff threat alive but says none planned 'at this moment'
Japan signaled it wanted to lay to rest the threat of new auto tariffs before agreeing to a final trade deal, after Trump left the possibility open.
Japan Times
BUSINESS
Aug 27, 2019
Trump sees possible U.S.-EU trade deal that would avert auto tariffs in respite for German carmakers
U.S. President Donald Trump on Monday said he thinks the United States will be able to reach a fair trade agreement with the European Union without imposing threatened tariffs on car imports, offering a potential lifeline to German carmakers.

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