Tag - carmakers

 
 

CARMAKERS

Japan Times
BUSINESS / Companies
Jun 12, 2019
Renault's Jean-Dominique Senard weakened as Macron snubs meeting, say sources
French President Emmanuel Macron has turned down a request to meet Renault chairman Jean-Dominique Senard, who is furious over the government's interference at the carmaker, sources told Reuters, raising questions over Senard's future.
Japan Times
BUSINESS / Companies
Jun 12, 2019
Advisory firm urges shareholders to vote against Nissan CEO Saikawa for 'clean break' from Ghosn
A proxy advisory firm urges Nissan shareholders to vote against the reappointment of CEO Hiroto Saikawa as a director, heaping more pressure on him as he struggles to find an accord with Renault.
Japan Times
BUSINESS / Companies
Jun 11, 2019
Nissan CEO Hiroto Saikawa sought special deal on stock options in 2013, says former Ghosn aide
A former senior board member of Nissan Motor Co. said the company's current chief executive officer sought an exception on the sale of compensation-linked stock, which resulted in him earning a higher profit, according to a Japanese media report.
Japan Times
BUSINESS
Jun 11, 2019
Despite Prius sales slump, hybrids as popular as ever
The Toyota Prius, once revered as the greenest car on the road, has fallen on hard times. Sales are on a six-year losing streak, and now the previously pre-eminent eco-mobile has fallen behind the Ford Fusion hybrid — a model its parent company plans to pull the plug on in a couple years.
Japan Times
BUSINESS / Companies / Regional voices: Chubu
Jun 11, 2019
Nagoya-based firm develops tech to let autonomous cars know if driver is holding the wheel
Sumitomo Riko Co., a Nagoya-based auto parts maker, has developed a system that can determine whether a driver is holding the steering wheel, a piece of technology that could prove to be indispensable for semi-automated cars.
Japan Times
BUSINESS / Companies
Jun 11, 2019
Nissan extends olive branch to Renault as relations hit new low
In an interview with the Financial Times, Saikawa said Nissan must “make our peace” with the French carmaker and that the companies need to “stabilize and reinforce” their partnership.
Japan Times
BUSINESS / Companies
Jun 10, 2019
Revival of Fiat Chrysler merger plan may hinge on Renault cutting its stake in Nissan
Nissan is poised to urge Renault to significantly reduce its 43.4 percent stake in the Japanese company in return for supporting any FCA-Renault tie-up, sources said.
Japan Times
BUSINESS / Companies
Jun 9, 2019
Carlos Ghosn's lawyers surprised to hear Renault board has started legal proceedings based on audit
Former Nissan Chairman Carlos Ghosn's lawyers say they were surprised to hear that the board of Renault SA has started proceedings against their client based on an audit report.
Japan Times
BUSINESS / Companies / FOCUS
Jun 7, 2019
How the Fiat-Renault merger plan fell apart
Shortly after 9 p.m., as the sun began to set on the rotund glass facade housing Renault SA's headquarters on the outskirts of Paris, the board called a break. The group had gathered for the second time in as many days to sign off on a proposed merger with Fiat Chrysler Automobiles NV. As the talks dragged...
Japan Times
BUSINESS
Jun 7, 2019
BMW sells cars globally despite tariffs so sees no reason to change Mexico plans, says board member
BMW sees no reason to change its plans for Mexico in the wake of U.S. threats to slap duties on Mexican imports, a board member of the German carmaker said on Thursday, adding the company sells cars globally despite tariffs placed by most countries on imported vehicles.
Japan Times
BUSINESS
Jun 1, 2019
Carmakers see $17 billion wiped out by Trump's Mexico threat
The automotive industry is bearing the brunt of trade-war crossfire again as U.S. President Donald Trump threatens to slap tariffs of as much as 25 percent on goods from Mexico, a key production hub for carmakers from Mazda Motor Corp. to General Motors Co.
Japan Times
BUSINESS / Companies
May 31, 2019
Nippon Steel's reinvention of its namesake metal could make car bodies 30% lighter
Imagine the weight of 24 elephants bearing down on a tiny spot the size of a postage stamp.

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