Now made in Mexico: Japan auto suppliers shift China production after virus shock
In the Chinese coastal province of Jiangsu, where supply chains have been severed by the coronavirus outbreak, one auto supplier has already shifted production of parts for Mazda Motor Corp. to a site 13,000 kilometers away, in central Mexico's Guanajuato state. The bid to keep ...
Japan-U.S. pact takes effect to promote goods, digital trade
Japan lowered its import duty on U.S. beef from 38.5 percent to 26.6 percent and will cut it down to 9 percent in fiscal 2033.
Renesas opens Shanghai auto electronics lab in joint project with Volkswagen group
Japanese semiconductor-maker Renesas Electronics Corp. has opened a laboratory in Shanghai jointly with a local affiliate of Germany's Volkswagen group to boost research and development for automotive electronics applications. Renesas will mainly provide the lab with its RH850 automotive microcontroller along with its R-Car system-on-chip, ...
Car parts firm Sanden agrees to pay U.S. fine for price-fixing
The U.S. Justice Department says Japanese automotive parts maker Sanden Corp. has agreed to plead guilty and pay a $3.2 million fine for its role in a price-fixing cartel for compressors used in air conditioning systems. Gunma Prefecture-based Sanden allegedly conspired to rig prices for ...
