Tag - carmakers

 
 

CARMAKERS

A worker inside the Envision battery manufacturing plant at Nissan's Sunderland factory in Britain in July 2021.
BUSINESS / Companies
Nov 24, 2023
Nissan to invest $1.4 billion to build two new EV models in Britain
Plans for electric versions of crossover models will require an investment of up to £2 billion in a third battery plant and infrastructure projects.
Kyle Vogt speaks on stage at the launch of the Cruise Origin autonomous vehicle in San Francisco in January 2020.
BUSINESS / Tech
Nov 20, 2023
CEO of GM's Cruise robo taxi unit resigns amid U.S. safety review
His resignation follows weeks of turmoil at the unit, which is undergoing a safety review after one of its vehicles dragged a pedestrian.
Coffee is served from a Toyota-developed fuel cell food truck at an event in Hita, Oita Prefecture, in October.
BUSINESS / Tech / Regional voices: Chubu
Nov 13, 2023
Toyota's fuel cell vehicles include food trucks and mobile offices
The carmaker is offering a variety of ways to utilize FCVs by taking advantage of their lack of tailpipe emissions and ability to generate electricity.
Toshihiro Mibe, president and chief executive officer of Honda at the Japan Mobility Show, in Tokyo in October
BUSINESS / Companies
Nov 12, 2023
Booming profits bolster Japan automakers’ cautious EV shift
The Japanese auto sector is on track this year to exceed its peak operating profit of around ¥5.4 trillion in fiscal 2015.
Toyota said it is conducting trials of a vehicle powered by actual hydrogen gas in Australia.
BUSINESS / Companies
Nov 12, 2023
Toyota trials hydrogen-powered vehicle on public roads in Australia
The Australian field tests come as Toyota seeks to popularize actual hydrogen gas as a cleaner alternative to fossil fuels.
An assembly line at Honda Motor's  Performance Manufacturing Center in Marysville, Ohio, in November 2016
BUSINESS / Companies
Nov 11, 2023
Honda will give autoworkers 11% raise after UAW’s big wins
While nonunion automakers race to boost pay and keep the union out of its gates, the UAW is trying to organize foreign-owned factories in the U.S.
Honda raised its full-year net profit forecast to ¥930 billion.
BUSINESS / Companies
Nov 9, 2023
Honda and Nissan hike full-year forecasts
The car giants, however, also pointed out that fierce price competition in China was posing a challenge for Japanese automakers.
A Nissan auto dealership in the Botafogo neighborhood of Rio de Janeiro, Brazil. The firm hopes to more than double its market share in Brazil, to 7% from the current 3.4% in 2026.
BUSINESS / Companies
Nov 8, 2023
Nissan to invest $575 million in Brazil as it aims to double share
Nissan hopes to more than double its market share in Brazil, to 7% from the current 3.4% in 2026.
While Toyota has avoided the kind of hit other Japanese automakers have taken in China from a shift to electric vehicles and the rise of domestic brands, it still faces pressure in the world's biggest auto market.
BUSINESS / Companies
Nov 7, 2023
Toyota extends output cut at Chinese JV to ease dealer pressure
The automaker has told dealers that it will extend a plan to reduce output at one of its joint ventures in China, where it faces rising competition.
NTT plans to test driverless vehicle technology with Toyota and invest in a U.S. startup.
BUSINESS / Companies
Nov 7, 2023
NTT to test driverless tech with Toyota and invest in U.S. startup
NTT aims to start tests with autonomous buses and taxis as early as 2025 and invest about ¥10 billion ($66.91 million) in U.S. startup May Mobility.
 Tesla Model 3 vehicles at the company's factory in Shanghai in January 2020
BUSINESS
Nov 5, 2023
Cooling EV sales have Tesla, GM and Ford rethinking investments
While the battery-powered vehicle market is still expanding, the pace of growth has slowed considerably.
Toyota President Koji Sato speaks  next to an FT-3e electric vehicle at the Japan Mobility Show in Tokyo on Oct. 25.
BUSINESS / Companies
Nov 1, 2023
Toyota raises profit forecast 50% on weak yen, record sales
With an unprecedented 5.6 million vehicles sold in April-September, Toyota is on track for its 11.4 million-unit goal.
The interior of a Toyota Global HiAce electric vehicle concept on display during the Japan Mobility Show in Tokyo on Oct. 26
BUSINESS / Companies
Nov 1, 2023
Toyota to invest $8 billion more in U.S. battery plant for EVs
The auto giant has quietly laid the groundwork for a more robust EV strategy in the U.S. even as sales of its hybrid gas-electric models are surging.
Suzuki President and Representative Director Toshihiro Suzuki unveils the Suzu-Ride at a press day of the Japan Mobility Show at Tokyo Big Sight in Tokyo on Oct. 25.
BUSINESS / Companies
Nov 1, 2023
New mobility concepts cater to older people's love for the road
The four-wheeled vehicles categorized as "specified small motorized bicycles" can be driven on public roads by anyone 16 or over without a license.
More than 75,000 Kaiser Permanente health care workers went on strike from Oct. 4 to 7 across the U.S.
BUSINESS / Companies
Nov 1, 2023
Unions in the U.S. are winning big for the first time in decades
Recent victories mark a potential turning point for the country’s labor movement, which has seen union ranks and power dwindle for decades.
Striking United Auto Workers union members embrace at the end of their picket shift outside the Ford Assembly Plant in Wayne, Michigan, on Wednesday.
BUSINESS / Companies
Oct 31, 2023
UAW reaches deal with GM, ending strike against Detroit carmakers
Some analysts have said recent deals will place the Detroit Three at a disadvantage compared with Tesla and foreign brands such as Toyota.
Toyota's Alphard and Vellfire minivans bound for shipment at Yokohama port. Toyota posted record global production and sales in the April-September period.
BUSINESS / Companies
Oct 30, 2023
Toyota posts record global output and sales in April-September
It is the first time the automaker saw its production and sales both top the 5 million mark in a fiscal first half.
Toyota’s gigacast rear component. The company plans to employ the gigacasting technology in making electric vehicles.
BUSINESS / Companies
Oct 30, 2023
Tesla’s latest disruption in carmaking draws followers in Japan
Carmakers in Japan are starting to embrace gigacasting as they seek to make up for lost ground in the shift to EVs.
Workers picket outside the Ford Assembly plant in Chicago on Oct. 24.
BUSINESS / Companies
Oct 30, 2023
UAW-Ford deal includes $8 billion in manufacturing investments
The UAW-Ford contract could give workers up to $70,000 in extra pay over the 4½-year life of the contract.
United Auto Workers members strike at a General Motors assembly plant in Arlington, Texas, on Oct. 24.
BUSINESS / Companies
Oct 29, 2023
General Motors hit with more strikes while Stellantis reaches deal with UAW
More than six weeks after the historic strikes began, GM is now the only one of the companies that doesn’t have a deal with the union.

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