Tag - carmakers

 
 

CARMAKERS

BUSINESS / Companies
May 14, 2019
Nissan considers buying stake in Chinese electric carmaker
Nissan Motor Co. is looking to invest in a Chinese electric car startup to provide it with a greater footprint in the world's biggest market for new-energy vehicles, according to sources familiar with the matter.
BUSINESS / Companies
May 13, 2019
Nissan pushes back on Renault's renewed efforts to merge
Nissan Motor Co. is opposing renewed efforts by alliance partner Renault SA to merge under a holding company because such a structure won't help turn it around, according to a source with knowledge of the discussions.
Japan Times
BUSINESS / Companies
May 13, 2019
Lawyer for Ghosn says ex-Nissan boss received no money via Oman in bank accounts
Former Nissan Motor Co. Chairman Carlos Ghosn did not receive any money sent by the automaker through Oman to his personal accounts, according to his lawyer.
Japan Times
BUSINESS / Companies / ANALYSIS
May 12, 2019
Carlos Ghosn's successor, Hiroto Saikawa, under siege from within as Nissan profit sinks
Nissan chief Hiroto Saikawa finds himself under pressure from several angles, including a drop in company profits and slumping U.S. sales.
BUSINESS / Companies
May 10, 2019
Subaru reveals annual profit halved in fiscal 2018, releases earnings early by mistake
Subaru Corp. said Friday its operating profit for the past year has halved after it suffered a string of setbacks including production delays and mounting recalls.
BUSINESS / Companies
Apr 25, 2019
Carlos Ghosn released from detention center, days after his fourth indictment
The court made the decision partly because it determined there was no risk of evidence tampering, legal experts have said.
BUSINESS / Companies
Apr 24, 2019
Adding to Ghosn woes, Nissan slashes profit outlook to near-decade low
Nissan Motor Co. slashed its full-year profit forecast to its lowest in nearly a decade due to weakness in the United States, just as it adjusts to life without Carlos Ghosn and charts its future with alliance partner Renault SA.
Japan Times
BUSINESS / Companies
Apr 22, 2019
Tokyo prosecutors indict Carlos Ghosn on misappropriation charge in 'most serious allegation' yet
The Tokyo District Public Prosecutor's Office on Monday indicted former Nissan Motor Co. Chairman Carlos Ghosn for a fourth time, this charge for allegedly misappropriating the company's money for personal use — an accusation described by legal experts as the most serious brought against him so far....
BUSINESS / Tech
Apr 22, 2019
Singapore talking with more electric car companies after Dyson, but Tesla apparently not among them
Following Dyson Ltd.'s plans late last year to manufacture its first electric car in Singapore, the city-state is now in talks with other makers of green vehicles to set up shop on the island.
BUSINESS / Companies
Apr 19, 2019
Nissan backs Notre Dame restoration with €100,000 donation amid push to repair alliance
Nissan Motor Co. will donate €100,000 ($112,000) for the rebuilding of fire-ravaged Notre Dame Cathedral in Paris, a pledge that comes as the automaker seeks to repair strained relations with the French government and partner Renault SA after former Chairman Carlos Ghosn was arrested.
BUSINESS / Companies
Apr 19, 2019
SoftBank, Toyota and Denso invest $1 billion to pump up Uber's self-driving unit ahead of IPO
The bet by the three-way Japanese consortium gives Advanced Technologies Group a valuation of $7.25 billion on the eve of its public offering.
Japan Times
BUSINESS
Apr 17, 2019
Toyota executive likens Trump's auto tariffs to 'pulling the pin out of the grenade'
Toyota Motor Corp. warned the Trump administration will inflict serious economic damage if it elects to hit cars and components with tariffs on national security grounds.
Japan Times
BUSINESS / Companies
Apr 15, 2019
Elon Musk tweets another Tesla forecast in midst of talks with SEC
Elon Musk, already in hot water over his Twitter use, posted another Tesla Inc. production forecast reminiscent of the one that landed him before a federal judge earlier this month.
Japan Times
BUSINESS / Companies
Apr 15, 2019
Japan opposed Renault-Nissan merger via METI in spring 2018, French newspaper reports
The Japanese government intervened to block any potential merger plans between Nissan Motor Co. and Renault SA in spring last year, French newspaper Journal Du Dimanche reported on Sunday, citing email messages between executives and state officials.
Japan Times
BUSINESS / Companies
Apr 15, 2019
VW unveils apple-skinned SUV challenger to Tesla's Model X
Volkswagen AG unveiled an electric sport utility vehicle concept to challenge Tesla Inc.'s Model X as part of the auto industry's largest push into battery-powered vehicles.
BUSINESS / Companies
Apr 11, 2019
Nissan pledges ¥23.9 billion South Africa investment for production of latest Navara pickup
Nissan Motor Co. plans to invest a further 3 billion rand (¥23.9 billion) in its South African plant to prepare for production of the latest version of the Navara pickup.
Japan Times
COMMENTARY / Japan
Apr 10, 2019
Ghosn is right about Nissan
The automaker's performance has suffered since the former chairman was toppled, suggesting the need for an overhaul at the top.
Japan Times
BUSINESS / Companies
Apr 9, 2019
In video, ousted Nissan chief Carlos Ghosn claims he's a victim of 'conspiracy'
“This is about a plot. This is about conspiracies. This is about backstabbing,” the former Nissan Motor Co. chairman says in the highly anticipated video, recorded April 3.
Japan Times
BUSINESS / Companies
Apr 6, 2019
Answers in the convoluted case of ex-Nissan chief Carlos Ghosn may be found in the Middle East
“The new charges are more substantive and serious,” said Stephen Givens, a professor of law at Sophia University in Tokyo.
BUSINESS / ANALYSIS
Apr 4, 2019
Carlos Ghosn's lawyer slams rare rearrest on bail in Tokyo as 'act of aggression'
In a statement released to media outlets shortly after the development was reported, Ghosn described his latest arrest as “outrageous and arbitrary.”

Longform

The byzantine process for converting a foreign driver’s license into a Japanese one entails mountains of paperwork and significant stamina — unless you're a lucky license holder from a country or region where these requirements are waived.
Driving in Japan isn’t hard. Getting the license is.