Tag - autos

 
 

AUTOS

BUSINESS / Companies
Jun 12, 2016
Panasonic will team up with Beijing Automotive to manufacture electric vehicle parts in China
Panasonic Corp. and Beijing Automotive Group plan to jointly set up a company later this year to produce electric vehicle parts in China, Panasonic officials said Sunday.
Japan Times
BUSINESS / Companies
Jun 8, 2016
Suzuki to step down as CEO, Honda to quit over fuel-testing scandal
Suzuki Motor Corp. announces Osamu Suzuki will step down as CEO later this month but will continue as the firm's chairman.
BUSINESS / Companies
Jun 1, 2016
Mitsubishi, Nissan see minicar sales plunge after fuel economy scandal
The nation's major minicar makers, including Mitsubishi Motors Corp. and Nissan Motor Co., saw their sales tumble in May in what is believed to be fallout from the fuel economy cheating scandal, data from an industry body showed Wednesday.
BUSINESS / Companies
May 31, 2016
Takata rules out bankruptcy, seeks angel investor: source
Takata Corp. has ruled out using bankruptcy as a way of mitigating liabilities from its record air bag recalls and is instead seeking buyers that could take a controlling stake and carry the company through its current crisis, according to a source with knowledge of the restructuring process.
BUSINESS / Companies
May 25, 2016
Toyota to build new plant in Malaysia
Toyota Motor Corp. said Wednesday it will build a new plant in Malaysia to meet the future domestic vehicle demand expected to increase in line with the country's economic growth.
Japan Times
BUSINESS / Companies / FOCUS
May 19, 2016
Mitsubishi Motors scandal was an accident waiting to happen
It's a familiar Japanese corporate ritual: a deep bow before the cameras to atone for wrongdoing. And when it comes to the art of public mea culpa, few companies can top scandal-prone Mitsubishi Motors Corp.
Japan Times
BUSINESS / Companies
May 13, 2016
Honda opens new plant in Thailand
Honda Motor Co.'s Thai unit on Thursday officially opened a new assembly and engine plant around 120 km northeast of Bangkok.
Japan Times
BUSINESS / Companies / FOCUS
May 13, 2016
How a confession turned into ¥237.4 billion bargain for Nissan
Two days before Mitsubishi Motors Corp. went public with news it had overstated the fuel economy of its cars, Chairman Osamu Masuko visited Nissan Motor Co. President Carlos Ghosn for a mea culpa. It did not take long for talk to turn from an apology to a deal.
Japan Times
BUSINESS
May 10, 2016
Five million new Takata recalls ordered in Japan
The transport ministry has ordered the nation's automakers to make further recalls of vehicles fitted with Takata Corp. air bag inflators of the kind being replaced in the United States, ministry officials said Tuesday.
Japan Times
BUSINESS / Companies
May 6, 2016
Toyota plant shutdowns due to quakes end as production of key parts resumes
Toyota Motor Corp. resumed production Friday at its domestic assembly plants that had remained idle since a series of strong earthquakes in southwestern Japan in mid-April disrupted parts supplies, company officials said.
BUSINESS / Companies
Apr 27, 2016
Mazda's net profit falls 15% in FY 2015 on air bag recall costs
Mazda Motor Corp. said Wednesday its group net profit for the business year ended March 31 fell 15.4 percent from the previous year to ¥134.42 billion ($1.2 billion), with costs of a global recall linked to air bags made by Takata Corp. weighing on the firm.
BUSINESS / Companies
Apr 27, 2016
Toyota to resume all domestic auto assembly lines on May 6 following Kumamoto quakes
Toyota Motor Corp. said Wednesday all of its 30 domestic auto assembly lines will be operating by May 6 after most were suspended due to a series of strong earthquakes that hit southwestern Japan in mid-April.
BUSINESS / Companies
Apr 26, 2016
Daimler, Ford brace for scrutiny after emission scandals
Carmakers have to be clearer about the way they certify their fuel economy and emission ratings as regulators ramp up scrutiny over the gap between laboratory results and on-road conditions, according to Daimler AG Chief Executive Officer Dieter Zetsche.
Japan Times
BUSINESS / Companies
Apr 25, 2016
Toyota to boost hybrids in China despite Beijing subsidies snub
Toyota Motor Corp., the dominant maker of gasoline-electric autos, will push forward with its strategy to build and sell hybrid models in China, in spite of the government's unwillingness to subsidize the technology.
Japan Times
BUSINESS
Apr 25, 2016
Carmakers must boost transparency on emissions, fuel economy, fix flaws: Daimler chief
Carmakers have to be more transparent about the way they certify their fuel economy and emission ratings as regulators step up scrutiny into the gap between laboratory results and real-world driving conditions, according to Daimler AG Chief Executive Officer Dieter Zetsche.
BUSINESS / Companies
Apr 25, 2016
Toyota resumes some assembly lines in wake of quakes
Toyota Motor Corp. on Monday restarted auto assembly lines at four plants in Japan that were suspended after the earthquakes in Kyushu led to parts shortages.
BUSINESS
Apr 12, 2016
Japan's used car sales up 1.7%, first rise in three years
Sales of used cars in Japan rose 1.7 percent in fiscal 2015 from the previous year to 3,733,321 units, marking the first growth in three years, an industry body's data showed Tuesday.
BUSINESS
Apr 5, 2016
Record 19 million autos recalled in Japan in fiscal 2015 amid Takata crisis
The number of vehicles recalled in Japan hit a record-high 18.99 million units in fiscal 2015, largely affected by a global crisis over Takata Corp.'s faulty air bag inflators, the government said Monday.
BUSINESS / Companies
Apr 4, 2016
Honda Fit fires, collisions prompt at least sixth major recall
Honda Motor Co. will conduct at least the sixth round of major recalls involving its top-selling Fit compact in less than three years, as the automaker struggles to move past the quality woes that contributed to a change in chief executive officers.
Japan Times
BUSINESS / Companies
Mar 30, 2016
Takata said to put worst-case recall costs at $24 billion
A source familiar with the matter says Takata estimates a callback of its air bag inflators would total about u00a52.7 trillion.

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