Tag - carmakers

 
 

CARMAKERS

Japan Times
BUSINESS / Companies
Mar 4, 2020
Nissan faces more pain before gain as business hit further by coronavirus, new CEO says
CEO Makoto Uchida promised to unveil a turnaround plan in May, on top of cutting more than 12,500 jobs amid decade-low profits and management turmoil caused by Carlos Ghosn's 2018 arrest.
Japan Times
BUSINESS
Mar 3, 2020
Tesla barely registers in Japan, the world's third-largest auto market
For all of Elon Musk’s domination of the burgeoning electric vehicle business, Tesla Inc. is struggling to get traction in Japan, a market he put on a pedestal early in the automaker’s early days.
Japan Times
BUSINESS
Feb 28, 2020
Japanese automakers' output in China tumbles in January
Automobile production by major Japanese makers in China plunged in January from a year earlier, data from the companies showed Thursday.
Japan Times
BUSINESS
Feb 27, 2020
Autonomous driving startup Pony.ai raises $462 million in Toyota-led funding
Autonomous driving firm Pony.ai said it raised $462 million in its latest funding round, led by an investment by Toyota Motor Corp.
BUSINESS
Feb 25, 2020
Nissan warns about future of European plants as Brexit weighs
Nissan Motor Co. gave the starkest warning yet on the future of the Japanese group's car factories in Western Europe, with a plant in the U.K. threatened by Brexit and another in Spain suffering from a slump in demand.
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.

Longform

Professional cleaner Hirofumi Sakurai takes a moment to appreciate some photographs in a Gotanda apartment whose occupant died alone.
The last cleanup: Life and death in a lonely Japan