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Japanese auto supplier Marelli files for court-led rehabilitation

Business / Corporate Jun 26, 2022

Japanese auto supplier Marelli files for court-led rehabilitation

Marelli had tried to turn itself around under an out-of-court settlement procedure called alternative dispute resolution, but the attempt ended in failure.

Top Toyota supplier Denso weighs ¥420 billion chip unit spinoff

Business / Corporate Jun 10, 2022

Top Toyota supplier Denso weighs ¥420 billion chip unit spinoff

by River Davis and Tsuyoshi Inajima

Well known as the world’s second-biggest auto-parts-maker, Denso has also quietly built up a presence in automotive chips.

How the humble wire harness could help kill off combustion cars

Business May 30, 2022

How the humble wire harness could help kill off combustion cars

by Nick Carey and Christina Amann

These low-tech and low-margin parts may not command the kudos of microchips and motors, yet cars can't be built without them.

KKR-owned Marelli to file for debt reorganization in Japan

Business / Corporate Mar 2, 2022

KKR-owned Marelli to file for debt reorganization in Japan

Marelli, a key supplier for automakers Nissan Motor Co. and Stellantis NV, had at least ¥1.1 trillion ($9.5 billion) in total debt as of September, sources said.

Toyota supplier Denso joins TSMC in building new chip factory in Japan

Business / Corporate Feb 16, 2022

Toyota supplier Denso joins TSMC in building new chip factory in Japan

by Shiho Takezawa

The Toyota group company will invest ¥40 billion ($350 million) in a TSMC-Sony joint venture set up for a TSMC chip plant in Kumamoto Prefecture.

Toyota's production output recovers as parts crunch eases

Business / Corporate Dec 24, 2021

Toyota's production output recovers as parts crunch eases

Toyota's global production in November fell 0.8% to 821,329 vehicles, almost returning to the level a year earlier after months of lost output due to parts supply constraints.

Toyota’s output slumps 26% on prolonged supply-chain snarls

Business / Corporate Nov 30, 2021

Toyota’s output slumps 26% on prolonged supply-chain snarls

by Shiho Takezawa

Japanese automakers have struggled due to outbreaks of COVID-19 in Southeast Asia, as well as parts and semiconductor shortages.

Honda asks suppliers to achieve net-zero carbon emissions by 2050

Business / Corporate Nov 17, 2021

Honda asks suppliers to achieve net-zero carbon emissions by 2050

The Japanese automaker is considering providing support to its parts suppliers to meet that goal, such as sending engineers to the companies.

Toyota's Japan output to normalize on easing supply crunch

Business / Corporate Nov 13, 2021

Toyota's Japan output to normalize on easing supply crunch

The output forecast — about 300,000 units in Japan and 500,000 units overseas — compares with about 760,000 in December last year.

Climate pressure pushing world's auto sector to recycle parts and batteries

Business Oct 19, 2021

Climate pressure pushing world's auto sector to recycle parts and batteries

The industry produces more greenhouse gas emissions than the entire European Union, with 20% of it coming from manufacturing.

Toyota's August global output mark is the first fall in a year amid parts crunch

Business / Corporate Sep 29, 2021

Toyota's August global output mark is the first fall in a year amid parts crunch

The world's top-selling automaker has trimmed its output outlook for fiscal 2021 through next March to 9 million units.

Nissan will reach 2% profit margin goal despite COVID-19 parts pain, CEO says

Business / Corporate Sep 29, 2021

Nissan will reach 2% profit margin goal despite COVID-19 parts pain, CEO says

by River Davis and Masatsugu Horie

Achieving the target set out last year in Nissan's turnaround plan would be a positive sign the carmaker is holding up despite the shortages plaguing the industry.

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