Driverless vehicles put through road tests in Okinawa

/ Jun 26, 2017

Driverless vehicles put through road tests in Okinawa

Self-driving vehicles were put through road tests Monday in Okinawa, with officials from the Ministry of Economy, Trade and Industry saying they hope the technology will be adopted soon. The tests overseen by METI saw two four-seater electric carts navigate roads fitted with the ...

Takata likely to file for bankruptcy protection on Monday

/ Jun 22, 2017

Takata likely to file for bankruptcy protection on Monday

Struggling air bag maker Takata Corp. is apparently ready to file for bankruptcy protection Monday under the civil rehabilitation law, informed sources said Thursday. Takata, reeling from global recalls of its defective air bag inflators, aims to achieve a turnaround through court-led rehabilitation after ...

Honda aims to develop fully self-driving cars by around 2025

/ Jun 8, 2017

Honda aims to develop fully self-driving cars by around 2025

The president of Honda Motor Company has said his firm will aim to develop fully self-driving cars by around 2025, amid increasingly fierce international competition to produce autonomous vehicles. “We hope to establish technologies (for fully automated cars) by around 2025,” President Takahiro Hachigo ...

Toyota planning ¥100 billion bond issue to focus on R&D

/ May 18, 2017

Toyota planning ¥100 billion bond issue to focus on R&D

Toyota Motor Corp. is mulling issuing up to ¥100 billion ($900 million) in bonds with maturities of up to 20 years to invest in developing next-generation car technologies, sources close to the matter said Thursday. Toyota plans to spend around ¥1.05 trillion on research ...

/ May 15, 2017

Maruti Suzuki cuts middlemen out of hiring temporary workers

Maruti Suzuki India Ltd. has adopted a different model for hiring temporary workers at one of its plants, completely eliminating the role of middlemen, according to top company officials. The subsidiary of Japan’s Suzuki Motor Corp. and India’s largest carmaker is now hiring temporary ...