Tag - carmakers

 
 

CARMAKERS

Officials from the transport ministry enter Daihatsu Motor's headquarters in Ikeda, Osaka Prefecture, on Thursday for inspection after a scandal regarding safety data manipulation emerged at the firm.
BUSINESS / Companies
Dec 21, 2023
Daihatsu offices raided after scandal halts all car shipments
The raid followed revelations that the carmaker and supplier had manipulated the results of various collision safety tests dating as far back as 1989.
Japan's real economic growth rate for fiscal 2023 ending in March 2024 is estimated at 1.6%, up from 1.3% seen half a year ago.
BUSINESS / Economy
Dec 21, 2023
Japanese government lifts economic growth estimates
The real economic growth rate for fiscal 2023 ending in March 2024 is estimated at 1.6%, up from 1.3% seen half a year ago.
Daihatsu said Wednesday that it will suspend shipments of all vehicle models made in Japan and abroad due to an unfolding scandal over misconduct in its crash tests.
BUSINESS / Companies
Dec 20, 2023
Toyota's Daihatsu to halt shipments as safety scandal widens
The results of an investigation suggest the scope of safety concerns, first disclosed in April, is now far greater than previously thought.
A 2023 Toyota Prius vehicle during an auto show in New York in April
BUSINESS / Companies
Dec 20, 2023
In the birthplace of Toyota’s Prius, hybrids now reign supreme
Japan’s biggest carmakers have only recently promised to roll out a wider slate of battery-only models in the next two to three years.
From left: Masashi Matsuyama, vice president of Nissan and president of Nissan (China) Investment, Takao Asami, senior vice president of Nissan, and Rika Kiritake, vice president of Nissan, hold a news conference at Tsinghua University in Beijing on Sunday.
BUSINESS / Companies
Dec 17, 2023
Nissan to export China-developed EVs to global markets
The firm is considering exporting internal combustion engine vehicles and upcoming electric cars manufactured and developed in China to overseas markets
The partnership between Nissan and Renault was jolted in 2018 by the arrest of Carlos Ghosn, chairman of both companies.
BUSINESS / Companies
Dec 12, 2023
Renault selling part of Nissan stake to partner for €765 million
The move follows last month’s finalization of a plan for Renault to reduce its interest in Nissan.
FACTEV shows that a Nissan Leaf electric car driven in Hokkaido will get between 106 kilometers and 212 kilometers per charge in its first year.
BUSINESS / Companies
Dec 12, 2023
Using big data to speed up Japan’s slow electric car transition
Gaming company DeNA has developed an EV simulation tool that can assess the lifespan and cruising range per charge of battery cars over time.
Bernadett Vejkey, marketing manager at Addionics, holds up a sheet of a porous, three-dimensional copper anode the battery materials startup has developed for electric vehicle batteries, at the company's lab in London.
BUSINESS / Companies
Dec 11, 2023
Fear of cheap Chinese EVs spurs dash for affordable cars
Legacy automakers are turning to suppliers to get their costs down and even steer clear of rare earths, a segment dominated by China.
A Honda N-Box. The model is among a number affected by a recall announced by Honda on Friday.
BUSINESS / Companies
Dec 8, 2023
Honda to recall 1.13 million vehicles over defective fuel pumps
The fuel pumps were made by auto parts maker Denso, informed sources said.
As a customer for Renault's combustion-engine venture, Nissan will receive gearboxes and engines for 12 of its plants.
BUSINESS / Companies
Dec 6, 2023
Nissan to buy engines and gearboxes from Renault-Geely venture
The step is part of a major revamp of the firms working together following years of growing tensions.
A senior Toyota official speaks about the automaker's sales strategy in Europe during an event in Brussels on Wednesday.
BUSINESS / Companies
Dec 4, 2023
Toyota to make 20% of European sales zero-emission cars by 2026
The plan comes as the European Union is set to ban sales of gasoline-powered cars in 2035.
A worker at the Ford F-150 Lightning plant in Dearborn, Michigan in April last year. New government rules will try to shift more production of electric vehicle batteries and the materials that power them to the United States.
BUSINESS
Dec 2, 2023
U.S. sets limits on Chinese content to receive EV tax credits
The guidelines establish a 25% ownership threshold for a company or group to be classified as a foreign entity of concern.
A sign is seen outside a Tianjin Faw Toyota Motor showroom, a joint venture between China's Tianjin FAW Xiali Automobile and Toyota Motor, in central Beijing, in October 2012.
BUSINESS / Companies
Dec 2, 2023
Toyota says it halts some Tianjin operations after report
Toyota Motor has halted production on some aging lines at joint venture in China while operations continue as normal.
Tesla's new Cybertruck is displayed at a Tesla store in San Diego on Nov. 20.
BUSINESS
Dec 1, 2023
Tesla's Cybertruck is priced 50% higher than initial estimate
Cybertruck's new body material and unconventional, futuristic styling has added complexity and costs to production.
Strong shipments of cars, especially to the U.S., helped push up Japan’s industrial production more than expected in October.
BUSINESS / Economy
Nov 30, 2023
Japan's factory output beat expectations in October
Improvement in supply chains bolstered automakers while inventory adjustments underpinned the electronics parts industry.
Honda will invest ¥500 billion in its electric motorcycle business by 2030.
BUSINESS / Companies
Nov 30, 2023
Honda to invest $3.4 billion in electric motorcycles by 2030
The company plans to introduce 30 new electric motorcycle models worldwide by the same year.
GMC Hummer electric vehicles on the production line at General Motors' Factory ZERO all-electric vehicle assembly plant in Detroit, Michigan, on Nov. 17.
BUSINESS / Companies
Nov 30, 2023
GM commits billions to shareholder returns as EV push stalls
"We have confidence in the cash generation of this company”
Wrong parts may have been used in the vehicle-assembly process of minivans, leading to Toyota's latest production line suspension.
BUSINESS / Companies
Nov 29, 2023
Toyota halts production lines at plant again
Wrong parts may have been used in the vehicle-assembly process of the Noah and Voxy minivans, leading to the suspension, the firm said.
Toyota posted record October global sales and production on strong demand for its cars in North America and Europe.
BUSINESS / Companies
Nov 29, 2023
Toyota's October global output hits record despite supplier issue
The world's largest automaker by sales said it produced 900,285 vehicles worldwide, up 16.7% from the same period a year earlier.
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.

Longform

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