Tag - car-parts

 
 

CAR PARTS

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.
Toyota has suspended operations at six domestic plants following a blast at a factory run by one of its component suppliers.
BUSINESS / Companies
Oct 17, 2023
Toyota halts six auto plants after explosion at parts supplier
The explosion occurred Monday at Chuo Spring’s factory in Aichi Prefecture, where vehicle suspension coils are made.
BUSINESS
Aug 21, 2023
Japan paper industry to develop new wood fiber material
With demand for paper in the doldrums, the industry is looking to expand the use of wood, a renewable resource, beyond paper products.
Japan Times
BUSINESS / Companies
Jul 11, 2023
Honda accelerating shift to electric vehicles
The company is moving to form alliances with other firms and reorganize its parts procurement network.
BUSINESS
May 19, 2023
Auto supplier Hitachi Astemo flags lapses in quality tests over decades
The misconduct affected 22 products for 69 customers, including rear shock absorbers and brake systems for cars, railcar dampers and connecting rods, the company said.
Japan Times
BUSINESS / Tech
Jan 8, 2023
Auto industry races into metaverse at CES
Headsets, augmented reality and 'virtual' car lots all on display in Las Vegas at one of the world's largest technology expos
Japan Times
BUSINESS / Companies
Oct 28, 2022
One key, not two, for Toyota customers as chip shortage bites
Toyota, the world's biggest carmaker, will temporarily give new car buyers in Japan just one smart key instead of two as it seeks to ration semiconductors.
Japan Times
BUSINESS / Companies / Regional Voices: Tohoku
Jul 25, 2022
After 10 years, 'Toyota-ism' takes root in Tohoku as force for reconstruction
Toyota Motor President Akio Toyoda has said, “There will be no recovery of Japan without the recovery of the Tohoku region.”
BUSINESS / Companies
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.
Japan Times
BUSINESS / Companies
Jun 10, 2022
Top Toyota supplier Denso weighs ¥420 billion chip unit spinoff
Well known as the world's second-biggest auto-parts-maker, Denso has also quietly built up a presence in automotive chips.
Japan Times
BUSINESS
May 30, 2022
How the humble wire harness could help kill off combustion cars
These low-tech and low-margin parts may not command the kudos of microchips and motors, yet cars can't be built without them.
Japan Times
BUSINESS / Companies
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 u00a51.1 trillion ($9.5 billion) in total debt as of September, sources said.
Japan Times
BUSINESS / Companies
Feb 16, 2022
Toyota supplier Denso joins TSMC in building new chip factory in Japan
The Toyota group company will invest u00a540 billion ($350 million) in a TSMC-Sony joint venture set up for a TSMC chip plant in Kumamoto Prefecture.
Japan Times
BUSINESS / Companies
Nov 30, 2021
Toyota’s output slumps 26% on prolonged supply-chain snarls
Japanese automakers have struggled due to outbreaks of COVID-19 in Southeast Asia, as well as parts and semiconductor shortages.
Japan Times
BUSINESS / Companies
Sep 29, 2021
Nissan will reach 2% profit margin goal despite COVID-19 parts pain, CEO says
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.
Japan Times
BUSINESS / Companies
Sep 13, 2021
Toyota shares dip after unveiling more production cuts
The announcement surprised the market as Toyota had been largely unaffected by parts shortages that have rattled competitors.
Japan Times
BUSINESS / Companies
Aug 22, 2021
Top Toyota supplier Denso expects production at the automaker to recover quickly
Denso, Toyota's top supplier, says production at the automaker should recover swiftly, leaving Denso on track to beat its own profit forecast for the current fiscal year.
Japan Times
BUSINESS / Companies
Aug 20, 2021
Toyota cuts show how COVID-19 is ravaging even the best supply planners
Toyota's efforts to stockpile enough chips to ride out supply disruptions only protected the firm for so long before it too succumbed to the shortages eviscerating automakers.
Japan Times
BUSINESS / Companies / Regional voices: Chubu
Aug 9, 2021
Aichi auto parts supplier helps smaller firms in supply chain go carbon neutral
Helping subsuppliers decarbonize is essential for achieving overall carbon neutrality in the manufacturing process.
Japan Times
BUSINESS / Companies / Regional voices: Chubu
Jun 21, 2021
EV boom forces Japanese parts-makers to shift gears
As demand for traditional components is likely to decline, manufacturers are making pots, outdoor goods and construction materials to weather market change.

Longform

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