Tag - car-parts

 
 

CAR PARTS

Toyota group companies could establish a new holding company to privatize Toyota Industries.
BUSINESS / Companies
Jun 3, 2025
Toyota Industries receives $33 billion buyout offer from group companies
The deal would be in line with government efforts to encourage big companies to unwind cross-held shares with subsidiaries and other businesses.
Denso is expanding its agricultural business and hopes to become a key supplier of industrialized greenhouses capable of producing food in any climate.
BUSINESS / Companies
May 26, 2025
Denso in talks to buy Temasek-backed seed supplier for $500 million
A purchase would align with Denso’s ambition to become a key supplier of industrialized greenhouses capable of producing food in any climate.
Japanese license plate samples — the top two are examples of nationwide license plates, while the bottom two are examples of "gotochi" license plates.
JAPAN
May 25, 2025
Japan to scrap monochrome special license plates
The ministry will soon allow only multicolor versions in an effort to ease the burden on license plate makers amid an expected increase in demand.
An employee of Kyowa Industrial walks next to the company's factory in Takasaki, Gunma Prefecture, in April.
BUSINESS / Companies
May 24, 2025
Tariff crossfire hits Toyota, Nissan and Ford suppliers in Japan
Thousands of small and midsize makers of auto parts in Japan, including suppliers for Toyota and Nissan, are facing a crisis as U.S. tariffs threaten their bottom lines.
Toyota Industries' Nagakusa plant in Obu, Aichi Prefecture
BUSINESS / Companies
May 20, 2025
Toyota Industries to accept tender offer from Toyota Motor group
The trend comes amid rising pressure from the Tokyo Stock Exchange and activist shareholders to dismantle what are called parent-child listings.
Toyota Chairman Akio Toyoda proposed a buyout of Toyota Industries, seeking to consolidate his grip on Japan’s biggest business empire.
BUSINESS / Companies
Apr 28, 2025
Akio Toyoda's $42 billion buyout plan raises governance question
Toyota Chairman Akio Toyoda’s bid to buy out Toyota Industries could pit him against Japan’s efforts to reform its corporate landscape.
New vehicles parked at a pier in Yokohama on Wednesday.
BUSINESS / Companies
Apr 2, 2025
'Give me a break': Trump tariffs threaten Japan auto sector
The 5.6 million people employed directly or indirectly in the auto sector are now fearful about their future.
Toyota will suspend three lines at two plants in Aichi Prefecture on Monday.
BUSINESS / Companies
Mar 9, 2025
Explosion and fire lead Toyota to halt production at two plants in Aichi from Monday
The suspension is believed to be due to the effects of an explosion and fire accident at a plant of Chuo Spring, a Toyota affiliate, on Thursday.
An explosion at a factory in Toyota, Aichi Prefecture, left one person killed on Thursday.
JAPAN
Mar 6, 2025
Explosion at Aichi auto parts factory kills one and injures two
A dust collector inside Chuo Spring's Fujioka plant, which produces springs for automobiles, exploded shortly after 8 a.m.
EV cars are pictured inside BYD's first electric vehicle (EV) factory in Southeast Asia, a fast-growing regional EV market where it has become the dominant player, in Rayong, Thailand, on July 4.
BUSINESS / Tech
Sep 25, 2024
Biden's car-tech ban is a powerful new weapon against Chinese EVs
The ban on Chinese hardware and software, announced by the U.S. Commerce Department, is the Biden administration's latest salvo.
Chevrolet Silverado 1500s and GMC Sierra 1500s make their way through an assembly line at the General Motors assembly plant in Fort Wayne, Indiana, on April 9.
BUSINESS
Sep 24, 2024
Biden administration proposes ban of Chinese and Russian car parts
The proposed ban is aimed at the sale and import of Chinese- and Russian-made hardware and software for connected vehicles.
Toyota Customizing & Development, a Toyota subsidiary, broke the subcontract payment law, the Fair Trade Commission said.
BUSINESS / Companies
Jul 5, 2024
Toyota unit violated subcontractor protection law: regulator
Yokohama-based Toyota Customizing & Development broke the law by having dozens of suppliers store metal die casts and other items without paying any storage fees.
Toyota Customizing & Development, founded in April 2018 and 90.5% owned by Toyota, develops vehicles on behalf of the parent firm.
BUSINESS / Companies
Jun 30, 2024
Toyota unit violates subcontract law
The Fair Trade Commission will shortly recommend that TCD take steps to prevent a recurrence of similar misconduct, sources said.
Toyota has been looking to cash in on stakes in affiliates as it steps up development and production of battery-powered vehicles.
BUSINESS
Jun 27, 2024
Toyota and affiliates to offload some $1 billion in Aisin shares
Toyota Motor and two affiliates will divest at least 12.5% of supplier Aisin
Nissan CEO Makoto Uchida said that the automaker will continue to communicate with its suppliers to see whether unfair practices persist and set up a new team directly under him to accelerate reforms on its relations with its subcontractors.
BUSINESS / Companies
Jun 1, 2024
Nissan challenges TV Tokyo report on subcontractors
The automaker denied allegations that it continued to pressure its suppliers into slashing prices even after receiving a warning from the fair trade regulator.
Masanori Katayama, chairman of the Japan Automobile Manufacturers Association, said the association will work with the Japan Auto Parts Industries Association to address the problem of subcontractor bullying.
BUSINESS / Companies
May 24, 2024
Japan’s automakers vow to stop squeezing their suppliers
Member companies of the Japan Automobile Manufacturers Association have agreed to treat subcontractors more fairly when the latter pass on cost increases.
The Fair Trade Commission will demand Nissan take measures to prevent a recurrence of unfair reductions in payments to subcontracting auto parts makers.
BUSINESS / Companies
Mar 4, 2024
Japan FTC to warn Nissan over payments to parts suppliers
The reductions are estimated to total about ¥3 billion for more than 30 suppliers over the past several years.
BUSINESS / Companies
Dec 8, 2023
Honda to recall 1.13 million vehicles over defective fuel pumps
The fuel pumps were made by auto parts maker Denso, informed sources said.
As a customer for Renault's combustion-engine venture, Nissan will receive gearboxes and engines for 12 of its plants.
BUSINESS / Companies
Dec 6, 2023
Nissan to buy engines and gearboxes from Renault-Geely venture
The step is part of a major revamp of the firms working together following years of growing tensions.
Toyota Motor, Toyota Industries and Aisin are planning to sell Denso shares worth a total of about ¥700 billion, sources said, which would be the second-biggest such share offering in Japan this year.
BUSINESS / Companies
Nov 29, 2023
Toyota plans $4.7 billion sale of Denso stake as EV pivot looms
The sale of shares in Denso would mark the latest step by the automaker to cash in on stakes in affiliates as it ramps up production of electric vehicles.

Longform

After the asset-price bubble crash of the early 1990s, employment at a Japanese company was no longer necessarily for life. As a result, a new generation is less willing to endure a toxic work culture —life’s too short, after all.
How Japan's youth are slowly changing the country's work ethic