NEWSWORTHY
Toyota to recall 2.4 million hybrid cars globally over faulty program
Toyota Motor Corp. said Friday it will recall 2.43 million hybrid cars at home and abroad due to a fault in the hybrid system program. The models subject to the recall are the Prius sedan and wagon produced between October 2008 and November 2014, according ...
Mitsubishi Motors plans ¥4 billion boost to Indonesia output capacity
Mitsubishi Motors Corp. said Wednesday it will spend ¥4 billion ($35 million) to ramp up production capacity at a plant in Indonesia to meet solid demand for its recently launched multipurpose vehicle. The carmaker will boost production capacity at a plant in Bekasi — on ...
Canada and the United States reached a deal Sunday night for Canada to stay in a free trade pact with the U.S. and Mexico. U.S. Trade Representative Robert Lighthizer and Canadian Foreign Affairs Minister Chrystia Freeland announced the deal in a joint statement late Sunday. ...
Japan-U.S. trade talks may be less of a concession than they appear
At a glance, it may appear U.S. President Donald Trump has scored a significant victory after his latest talks with Prime Minister Shinzo Abe in New York. After taking a defensive posture on trade since Trump was inaugurated in 2016, Abe has finally agreed to ...
Under visionary Shigenobu Nagamori, precision motor-maker Nidec sees EVs driving future profits
Since starting Nidec in 1973 in a tiny Kyoto shed with just three workers, Shigenobu Nagamori has built it into the world's top maker of precision motors and became one of Japan's most venerated business leaders. Nagamori guided Nidec past Nissan and Panasonic in market ...
Isuzu bets on growing demand for light commercial vehicles in India
Automaker Isuzu Motors Ltd. is looking to boost sales in India by riding a wave of rapid growth in the segment for light commercial vehicles, including pickup trucks and sport utility vehicles. Subsidiary Isuzu Motors India Pvt. Ltd. aims to sell about 8,000 vehicles in ...
Japan and U.S. to focus on auto and farm market access in first round of trade talks
The talks, expected to run through Friday in Washington, come as U.S. President Donald Trump threatens to impose additional tariffs of up to 25 percent on imported cars and parts.
Sales of imported autos rise 4.2% on year to mark record for July, Japan industry group says
Imported foreign-brand vehicle sales in July grew 4.2 percent from a year earlier to 21,869 units, for the first increase in two months, an industry group said Monday. Sales of imported foreign-brand vehicles accounted for 7.8 percent of all new automobile sales in Japan, excluding ...
Japanese companies are operating as members of U.S. society by investing and actively creating jobs, Minister of Economy, Trade and Industry Hiroshige Seko said Friday on his visit to the United States. Seko was speaking to reporters after touring a Toyota Motor Corp. research and ...
Toyota ends tie-up with Isuzu, posts record net profit in first quarter
The rapidly changing business environment sparked by the increase in eco-friendly vehicles is prompting the automakers to end their 12-year-old tie-up on diesel technology.
Renault-Nissan group grabs top spot in first-half global auto sales
The Renault-Nissan alliance retained their crown as the world's largest auto seller in the January to June period for a second consecutive year, outselling major rivals Volkswagen AG and Toyota Motor Corp. The alliance formed by Renault SA, Nissan Motor Co. and Mitsubishi Motors Corp. ...
