Tag - carmakers

 
 

CARMAKERS

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.
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.
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.
Japan Times
BUSINESS / Companies
Jan 28, 2020
Inside Nissan, a renewed push to get Renault to cut its stake
A proposal is being floated atop Nissan Motor Co. for the company to revive efforts to push Renault SA to reduce its stake in the Japanese carmaker and help balance the partnership, a person familiar with the matter said.
Japan Times
BUSINESS / Companies
Jan 27, 2020
Renault prepares for new CEO ahead of crucial alliance meeting
The meeting Thursday is aimed at showing that the deeply troubled alliance with Nissan and Mitsubishi Motors is moving past the Carlos Ghosn era.
Japan Times
BUSINESS
Jan 24, 2020
Suzuki and Jeep found to have broken EU emissions rules
Suzuki's Vitara and Fiat Chrysler's Jeep Grand Cherokee diesel models both violate emissions rules and must be fixed or face a ban on sales across Europe, the Dutch road authority RDW ruled on Thursday.
Japan Times
BUSINESS
Jan 24, 2020
French investigators to move ahead with Ghosn prosecution over Versailles party
The prosecutor's office will assign one or more judges to probe the party ex-Renault-Nissan boss Carlos Ghosn threw for his wife at the Palace of Versailles.
BUSINESS
Jan 23, 2020
Japanese vehicle sales in South Korea fell 22% in 2019 amid boycotts
The number of Japanese vehicles sold in South Korea in 2019 fell 22.0 percent from the previous year, according to data from the Korea Automobile Manufacturers Association.
Japan Times
BUSINESS
Jan 23, 2020
Ghosn predicted Nissan bankruptcy by 2022, says ex-prosecutor Gohara
Nissan Motor Co. will go bankrupt within two to three years, Carlos Ghosn told a defense attorney during more than 10 hours of interviews before the auto executive skipped bail and left Japan.
BUSINESS / Companies
Jan 21, 2020
Subaru to raise amount of electric, plug-in hybrid vehicles it's selling to 40% in 2030
Subaru Corp. is aiming to raise the proportion of electric and plug-in hybrid vehicles in all of its automobiles sold across the globe to 40 percent in 2030.
Japan Times
JAPAN / Crime & Legal
Jan 20, 2020
Carlos Ghosn's exoneration hopes rest on Lebanese safety net
Moments before launching into his raucous news conference in Beirut earlier this month, Carlos Ghosn was enthusiastically greeted by a throng of local journalists who crowded around his lectern, taking turns to embrace the fallen automotive titan and snapping souvenir selfies.
Japan Times
BUSINESS
Jan 20, 2020
Tesla moves step closer to opening first European factory with German property deal
U.S. electric car pioneer Tesla has agreed to buy a property on the outskirts of Berlin, bringing it a step closer to opening its first European factory, local authorities said on Sunday.
Japan Times
BUSINESS / Companies
Jan 17, 2020
In Ghosn probe, Nissan reveals more managers were involved in malpractice
Nissan Motor Co. has revealed more details of an exhaustive probe into Carlos Ghosn, a week after its fugitive former leader accused the Japanese carmaker of being behind the plot to have him arrested.
Japan Times
BUSINESS / Companies
Jan 16, 2020
Nissan considers scrapping advisory roles for former executives
Nissan Motor Co. may stop placing former executives in advisory posts as part of an overhaul to its corporate governance practices following the ousting of former Chairman Carlos Ghosn, sources said Wednesday.

Longform

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