Tie-up talks could see Fiat-Chrysler join Renault-Nissan-Mitsubishi Alliance
French carmaker Renault SA is in talks with Fiat Chrysler Automobiles NV with the aim of creating a world-leading alliance including Nissan Motor Co. and Mitsubishi Motors Corp.
Mazda Motor Corp. launched fully remodeled Mazda 3 compact sedans and hatchbacks in Japan on Friday, claiming they are the first of the Japanese automakers' next-generation products with substantially improved fuel efficiency and basic driving performance. In the Japanese market, the Mazda 3 had been ...
Citing weakening profitability, lower margins, Moody's downgrades Nissan's credit rating to A3
Nissan Motor Co.’s credit rating was cut a notch by Moody’s Investors Service, which cited the automaker’s weakening profitability and margins over the past two years. The issuer rating was lowered to A3 from A2, the rating company said in a statement Friday. Moody’s had ...
Japan, U.S. trade chiefs to meet in Tokyo ahead of Abe-Trump summit
The top trade negotiators of Japan and the United States will meet in Tokyo on Saturday to hold talks on a bilateral deal, the Japanese government said Friday. The meeting between Toshimitsu Motegi, minister for economic and fiscal policy, and U.S. Trade Representative Robert Lighthizer, ...
Ghosn's first full trial unlikely to convene until next spring, his lawyers say
Attorney Junichiro Hironaka revealed Carlos Ghosn’s defense team would ask the court later in the day to grant a meeting with his wife, Carole Ghosn.
Japanese and French ministers reaffirm support for Nissan-Renault alliance
Economy minister Hiroshige Seko and his French counterpart, Bruno Le Maire, reaffirmed on Wednesday the two governments' support for the Nissan Motor Co.-Renault SA alliance. "We reconfirmed our strong support for their shared will to continue and strengthen their cooperative ties," Seko told reporters after ...
Honda recalls 137,000 SUVs in U.S., South Korea and Canada over sudden air bag deployments
Honda Motor Co. said Wednesday it is recalling 137,000 new sport utility vehicles, or SUVs, following reports of three injuries tied to sudden air bag deployments in the United States. The automaker said it is recalling the 2019 CR-V to replace steering wheel wire harnesses ...
Toyota's committee-designed Japan Taxi becomes pricey symbol of Olympic budget-busting
Toyota Motor's Japan Taxi, born in a government committee and designed to be an all-things-to-all-people cab, has become a high-priced icon of Tokyo's budget-busting 2020 Olympic and Paralympic Games. Launched in 2017, the indigo car is the realization of a government project to put a ...
Lawyer for Ghosn says 'outrageous' bail rules on seeing wife violate Japan's Constitution
A lawyer for former Nissan chief Carlos Ghosn has slammed "outrageous" restrictions on his client's ability to see his wife and predicted the tycoon's trial will not start for at least a year. In an interview, Takashi Takano revealed that the top court this week ...
Japan and U.S. at odds over auto and farm tariffs, but quotas not raised during talks
Tokyo and Washington remain at odds over tariff cuts on automobiles and agricultural products as part of a bilateral trade deal, according to a Japanese official.
Detroit OKs land deals and jobs plan for Fiat Chrysler plant
Fiat Chrysler can move forward with plans to build a new assembly plant in Detroit and invest $900 million to retool and modernize another. Land deals and community benefits agreements tied to the project were approved Tuesday by the Detroit City Council. A Fiat Chrysler ...
Announcing U.S. investment first was a strategy CEO Akio Toyoda felt the firm needed to pursue in order to avoid Trump’s wrath, meeting minutes showed.
