Tag - carmakers

 
 

CARMAKERS

BUSINESS / Companies
Dec 28, 2023
Daihatsu to compensate lower-tier suppliers for halted production
Production was stopped at all of the company's factories in Japan this week.
Japan's industrial production fell 0.9% in November from the previous month, weighed down by a decline in auto production.
BUSINESS / Economy
Dec 28, 2023
Japan's November factory output falls on weaker autos
Industrial production fell 0.9% in November from the previous month, data from the Ministry of Economy, Trade and Industry (METI) showed on Thursday.
BYD exhibits its cars ahead of the Munich Motor Show in September.
BUSINESS / Companies
Dec 27, 2023
China's BYD set to overtake Tesla as world’s most popular EV maker
Its ascent will be both a symbolic turning point for the market and further confirmation of the growing Chinese clout in the global automotive sector.
Toyota's global production jumped 11% in November to a record level, bouncing back from last year's supply chain disruptions and benefiting from robust demand both in Japan and overseas.
BUSINESS / Companies
Dec 27, 2023
Toyota saw record November sales on demand from U.S. and Europe
Global sales — including that of subsidiaries Hino and Daihatsu — rose 12% from a year earlier to 986,262 units.
BUSINESS / Companies
Dec 25, 2023
Daihatsu halts three assembly plants over testing fraud scandal
It is unclear when the company will resume production, which is expected to be suspended until at least the end of next month.
Toyota dealer Hiroshima Toyopet has installed air conditioners at all 30 of its maintenance facilities in Hiroshima Prefecture to ensure mechanics can work comfortably during the summer.
BUSINESS / Companies / Regional Voices: Hiroshima
Dec 25, 2023
Hiroshima car dealers seek ways to attract mechanics
Since many people use their cars as a daily means of transportation, it is essential to secure a stable pool of mechanics.
A line worker installs an airbag at GM's Chevrolet Silverado and GMC Sierra pickup truck plant in Fort Wayne, Indiana, in 2018.
BUSINESS / Companies
Dec 21, 2023
Carmakers battle massive air-bag recall that may cost $10 billion
The U.S. safety regulator could recall as 52 million air-bag inflators made by ARC Automotive after some were reported to have exploded.
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.
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 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.

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