Tag - carmakers



A gallery of cars at Nissan's headquarters in Yokohama. The carmaker revised downward its profit and sales forecasts for the fiscal year that ended in March.
BUSINESS / Companies
Apr 19, 2024
Nissan cuts sales and profit forecasts
The firm said the revision was made because of lower sales volumes and higher costs paid to suppliers, among other factors.
Tesla's troubles started in October when it warned that demand for EVs was starting to slow, but the full extent of that weakness only became apparent this month.
BUSINESS / Companies
Apr 17, 2024
Tesla’s value dips below $500 billion in blow to stock bulls
The electric vehicle maker's troubles started in October when it warned that demand for EVs was starting to slow.
Honda has lagged behind European and U.S. competitors such as General Motors and Volkswagen in ramping up EV sales.
BUSINESS / Companies
Apr 16, 2024
Honda to launch next-generation EVs in China by 2027
The carmaker added that it also planned to roll out a total of 10 Honda-brand EV models in China by 2027.
Hideyuki Sakamoto, executive vice president for manufacturing and supply chain management at Nissan, speaks during a media briefing at the company's plant in Yokohama on Tuesday.
BUSINESS / Companies
Apr 16, 2024
Nissan looks to Tesla’s style of carmaking to build cheaper EVs
The carmaker will use machines with about 6,000 tons of force to make the rear floors of EVs to be sold from fiscal 2027 onward.
German Chancellor Olaf Scholz (left) with Chinese leader Xi Jinping in Beijing in November 2022. Scholz is travelling to China again this week with the goal of shoring up economic ties with Germany's biggest trading partner.
Apr 15, 2024
An EV trade war with China would be an own goal for carmakers
As German Chancellor Scholz visits China this week, he should push for stronger ties between Chinese and European automakers, especially in the EV market.
Prime Minister Fumio Kishida tours a new Toyota battery factory in Liberty, North Carolina, with state Gov. Roy Cooper (second from right) on Friday.
Apr 13, 2024
Kishida touts Japan’s investments in U.S. with visit to swing-state Toyota plant
The prime minister visited the North Carolina plant where Toyota last year injected an additional $8 billion to make batteries for electric vehicles.
The assembly line at the Volkswagen factory in Zwickau, Germany, on March 14. The factory stopped producing gasoline-powered Golfs and switched to electric vehicles, illuminating the risks and opportunities for factory towns and cities.
Apr 11, 2024
What happened when a German car factory went all electric?
The city of Zwickau, where more than 10,000 people work for Volkswagen and tens of thousands more for suppliers, seems to have avoided dire consequences.
Tesla says that Autopilot enables its vehicles to steer, accelerate and brake automatically, but that the system’s features require "active driver supervision and do not make the vehicle autonomous.”
BUSINESS / Companies
Apr 9, 2024
Tesla settles over fatal Autopilot crash on eve of trial
The case centered on a 38-year-old Apple engineer whose Model X veered off the highway and slammed into a roadside barrier on his way to work.
Daihatsu Motor President Masahiro Inoue speaks during a news conference in Tokyo on Monday.
BUSINESS / Companies
Apr 8, 2024
Toyota tightens oversight over scandal-hit Daihatsu
Daihatsu will streamline the way it reports on development and certification to its parent Toyota Motor.
A lone Tesla charges in the basement of a commercial property in Tokyo. One of Japan’s biggest obstacles to electric vehicles is subpar charging infrastructure.
BUSINESS / Companies
Apr 8, 2024
How three high-tech countries became laggards in electric vehicles
Japan's slow adoption traces back to a decade-old bet on hydrogen fuel-cell technology, while U.S. and South Korea have hit bottlenecks.
A Tesla Model 3 vehicle drives using FSD (Full Self-Driving) in Encinitas, California, in October.
Apr 6, 2024
Tesla's bet on robotaxis is a long way from paying off
A greater emphasis on robotaxis comes with more risk for Tesla due to the complexity of the technology involved, analysts said.
Drivers in California’s Marin County rely on a single hydrogen fueling station.
Apr 6, 2024
Few stations and $200 to fill up: Life on California’s ‘hydrogen highway’
Fuel shortages and soaring prices have stalled the adoption of hydrogen cars — but proponents aren’t throwing in the towel.
Tesla Model 3 vehicles are seen for sale at a Tesla facility in Fremont, California, last May.
Apr 6, 2024
Tesla scraps low-cost car plans amid fierce Chinese EV competition
The automaker will continue developing self-driving robotaxis on the same small-vehicle platform, the sources said.
U.S. Steel's Edgar Thomson Works facility is seen in Braddock, Pennsylvania. A group of automakers have warned that a deal by steelmaker Cleveland Cliffs for U.S. Steel could "drive up the cost of both steel and e-steel, and ultimately increase the cost of finished vehicles (including EVs) for American consumers."
BUSINESS / Companies
Mar 30, 2024
Automakers urge White House to oppose U.S. Steel sale to Cleveland-Cliffs
Cleveland-Cliffs has said it would consider another bid for U.S. Steel if the deal with Nippon Steel — opposed by President Joe Biden — falls apart.
Toyota's domestic sales declined for the second straight month in February, as the firm has been impacted by a slew of data-rigging scandals among its group companies.
BUSINESS / Companies
Mar 29, 2024
Toyota domestic sales drop for second month on data scandals
The Japanese automaker is unlikely to attain its production goal of 10.1 million units and sales of 10.4 million units due to a recent string of scandals.
A Xiaomi SU7 electric vehicle on display at one of the company's stores in Shanghai on Tuesday. Xiaomi declared its ambition for the SU7 to become one of China's three best-selling luxury electric vehicle models, sounding a challenge to Tesla and other rivals in an increasingly crowded market.
BUSINESS / Companies
Mar 28, 2024
Xiaomi stakes growth on debut in China’s cut-throat EV market
Reception for the SU7 vehicle will likely dictate Xiaomi’s stock momentum after a 22% gain since a February low.
Tesla Model 3 assembly line at Tesla's factory in Fremont, California, in 2018. Before the Shanghai plant opened, Fremont was Tesla’s principal factory.
BUSINESS / Companies
Mar 27, 2024
A pivot to China saved Elon Musk. It also binds him to Beijing.
Musk is now treading a fine line, sounding the alarm about Chinese rivals, even as he remains reliant on the Chinese market.
Nissan is leveraging its e-Power hybrid technology in Tunisia as Africa is not ready in terms of infrastructure availability of electricity.
BUSINESS / Companies
Mar 27, 2024
Nissan to test African demand for its e-Power hybrid vehicle
Africa is the world's last remaining automotive frontier due to the low level of vehicle ownership.
Nissan Motor will launch 30 new models over the next three years, including 16 electrified models.
BUSINESS / Companies
Mar 25, 2024
Nissan to launch 30 new models by 2027 and boost global sales volumes
Nissan was a pioneer in EVs but the carmaker has been eclipsed by the likes of U.S. rival Tesla and Chinese leader BYD.
Visitors view a BYD Dolphin EV car at the 44th Bangkok International Motor Show in Bangkok in 2023.
BUSINESS / Companies
Mar 25, 2024
Chinese EV makers to take center stage at Bangkok motor show
The popularity of Chinese EVs in Thailand underscores the growing challenge Japanese auto giants face in a vehicle market they have long dominated.


Historically, kabuki was considered the entertainment of the merchant and peasant classes, a far cry from how it is regarded today.
For Japan's oldest kabuki theater, the show must go on