Business / Corporate Apr 16, 2020
Carmakers extend Japan plant closures; Honda to furlough thousands in U.S.
Rolling shutdowns have become the norm in the automobile industry but furloughs have been rather rare amid the pandemic.
Business / Corporate Dec 17, 2019
Toyota Motor Corp. said Tuesday its group plans to sell 10.77 million vehicles worldwide in 2020, slightly up from 10.72 million vehicles estimated for this year, nudging it closer to No. 1 automaker Volkswagen AG. The figure would mark an all-time high for the fourth ...
Business / Corporate Dec 6, 2019
Daihatsu Tanto displaces Honda N-Box in Japan new vehicle sales rankings
Daihatsu Motor Co.'s Tanto minivehicle topped the new vehicle sales rankings in Japan in November, seizing the leading position from Honda Motor Co.'s N-Box minivehicle, industry data showed Thursday. The N-Box was unseated for the first time in 27 months. Sales of the Tanto surged 90.0 ...
Business / Corporate May 8, 2019
Toyota's annual sales top ¥30 trillion, a first for a Japanese firm
Toyota Motor Corp. became the first Japanese company to report annual sales topping ¥30 trillion, thanks in large part to brisk sales in China.
Business / Corporate Apr 12, 2019
Daihatsu to recall 1.9 million cars in Japan over brake problem
Daihatsu Motor Co. said Thursday it will recall about 1.92 million cars in Japan due to faults that can affect the vehicles' braking system. The recall affects 1,916,973 cars across 22 models, including the Move and Tanto minivehicles manufactured between December 2010 and September 2018. ...
Business / Corporate Jan 28, 2019
Toyota resisting price hikes in Indonesia's hot minivan market
by Merliyani Pertiwi
Toyota Motor Corp. and its group firm Daihatsu Motor Co. are trying to keep their prices steady in Indonesia's increasingly competitive and affordable minivan market, offering 2019 models at the same prices as last year. PT. Toyota-Astra Motor launched new models of the Avanza and ...
Business Jul 9, 2018
Operations suspended at automakers and other firms across western Japan after torrential rain
by Shusuke Murai
Numerous companies have to curtail their activities in flood-hit areas.
Business / Corporate Aug 3, 2016
Toyota, Daihatsu jointly debut new 'green' cars in Indonesia
Toyota Motor Corp. and Daihatsu Motor Co. jointly launched two different cars in Indonesia on Tuesday, a day after Toyota acquired all of Daihatsu's shares. "It is a new relationship between Daihatsu and Toyota," Daihatsu President Masanori Mitsui said during the launch in the industrial ...
Business Jul 21, 2016
Daihatsu to recall 800,000 Tanto minicars over faulty backdoor stay
Daihatsu Motor Co. said Wednesday it plans to recall around 800,000 of its Tanto minicars after a minor injury due to a broken rear door stay. Daihatsu said it will notify the Ministry of Land, Infrastructure, Transport and Tourism soon about the recall covering Tanto ...
Business / Corporate Jan 29, 2016
Toyota Motor Corp. said Friday it will make Daihatsu Motor Co. a wholly owned subsidiary in August as the world's top automaker seeks to revamp its low-priced small-car business amid growing demand in emerging markets. Toyota, which holds a roughly 51 percent stake in Daihatsu, ...
Business / Corporate Jan 29, 2016
Toyota buys rest of Japan minicar maker Daihatsu in stock swap
Toyota Motor Corp. will buy out its Daihatsu Motor Co. unit, bringing in-house a key maker of small cars for Southeast Asia and Japan. The world's largest automaker will acquire the remainder of its 51 percent-owned affiliate through a stock swap, according to a statement. Toyota ...
Business Jan 8, 2016
Toyota Motor Corp.'s Aqua hybrid was the best-selling car in 2015, while six minicars made it into the top 10 ranking, data from industry bodies showed Friday. The Aqua clinched top spot for the first time since 2013 with sales of 215,525 units, down 7.6 ...