GM to announce $1 billion factory investment, new jobs: source

Jan 17, 2017

GM to announce $1 billion factory investment, new jobs: source

General Motors will announce a $1 billion investment in its factories that will create or preserve 1,000 jobs, a person briefed on the matter said. The Detroit automaker said it would make the announcement Tuesday morning. The investment is part of the normal process ...

Jan 13, 2017

Honda to revive Civic in Japan after six-year hiatus

Honda Motor Co. will revive the Civic compact line in Japan this summer after a roughly six-year hiatus, the automaker said Friday. Honda, which plans to launch three Civic models including a sedan, aims to enhance its brand power by reviving the popular line. ...

Toyota unveils concept car with AI and autonomous driving tech

Jan 5, 2017

Toyota unveils concept car with AI and autonomous driving tech

Toyota Motor Corp. has unveiled a concept car with built-in artificial intelligence and autonomous driving technology designed to interact with the driver. The Wednesday unveiling of the Concept-i, which the automaker says can read its driver’s personality and emotions, came ahead of the opening ...

Toyota likely to fall from top spot in global auto sales

Dec 27, 2016

Toyota likely to fall from top spot in global auto sales

Toyota Motor Corp., the world’s largest automaker in terms of sales for the past four years, was outperformed by Volkswagen AG in the 11 months through November. Unless Toyota has a remarkable December, it will lost it’s No. 1 status. In the 11-month period, ...

Dec 26, 2016

Bigger automaker penalties in works for mileage manipulators

The government plans to toughen penalties on automakers who falsify fuel efficiency data in light of the scandals involving Mitsubishi Motors Corp. and Suzuki Motor Corp., a government source said. As one measure, the Land, Infrastructure, Transport and Tourism Ministry plans to hike fines ...

Ghosn pledges Mitsubishi Motors' return to profitability as chairman

Dec 14, 2016

Ghosn pledges Mitsubishi Motors' return to profitability as chairman

Nissan Motor Co.’s top executive Carlos Ghosn pledged Wednesday to rebuild trust in Mitsubishi Motors Corp. and return the loss-making carmaker to profitability, as he was approved by shareholders as the new chairman of the scandal-tainted automaker. “I pledge to protect shareholder interests and ...

Japan Inc. feeling the squeeze to attract, nurture skilled IT workers

Dec 8, 2016

Japan Inc. feeling the squeeze to attract, nurture skilled IT workers

Competition for talented information technology experts is intensifying in Japan’s job-hopping market amid advances in the Fourth Industrial Revolution. Demand for competent IT workers is growing rapidly from non-IT companies in the face of an expanding need for adaptation to the so-called internet of ...