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May 03, 2024
 

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MITSUBISHI MOTORS

Japan Times
BUSINESS / Companies
Aug 7, 2020
Mitsubishi Motors Chairman Osamu Masuko quits, citing health
Masuko was the last top-level leader remaining from the Carlos Ghosn era in the three-way alliance with Nissan and Renault.
Japan Times
BUSINESS / Companies / Regional voices: Chubu
Jul 31, 2020
Gifu factory town shocked by news of Mitsubishi SUV plant closure
According to the Sakahogi Municipal Government, the plant was partially closed around March following the COVID-19 outbreak.
Japan Times
BUSINESS / Companies
Jun 18, 2020
More trouble at the top for Nissan, as COO Ashwani Gupta captures attention
Allies of the chief operating officer are pressing the board to promote him to co-CEO, so he can drive the turnaround plan he is said to have engineered.
Japan Times
BUSINESS / Companies / FOCUS
May 29, 2020
Nissan falls behind rivals in industry's critical transitional period
Nissan Motor Co.'s business downturn may be causing a costly delay in the global race toward new mobility technologies, analysts say.
Japan Times
BUSINESS / Companies
May 27, 2020
Nissan and Renault unveil steps to cut costs and revamp alliance
Renault SA and Japanese partners Nissan Motor Co. and Mitsubishi Motors Corp. on Wednesday unveiled steps to standardize platforms further and push for more joint purchasing to reduce costs, with each company focusing on its strengths.
Japan Times
BUSINESS / Companies / FOCUS
May 25, 2020
Nissan-Renault-Mitsubishi ties more crucial than ever as pandemic rocks carmakers
Revising their strategies this week, the firms will at least have the opportunity to show progress in moving beyond last year's management paralysis.
Japan Times
BUSINESS
May 5, 2020
Nissan to retrench further in new plan to focus on U.S., Japan and China
The carmaker will pull back from Europe and elsewhere to focus on the United States, China and Japan under a plan that represents a new strategic direction.
Japan Times
BUSINESS / Companies
Apr 28, 2020
Nissan to slash May car production by 78% vs. last year
The automaker forecasts a dramatic drop in sales as the coronavirus pandemic adds to existing issues of declining sales and weak margins.
Japan Times
BUSINESS / Companies
Apr 9, 2020
Japanese carmakers plan to put 20,000 on temporary leave with partial pay to deal with virus
Around 20,000 domestic workers at three of the nation's biggest carmakers will be put on temporary leave because of the output suspensions caused by the coronavirus pandemic, company sources say.
Japan Times
BUSINESS / Companies
Apr 8, 2020
Mitsubishi Motors to temporarily shut Japan plant operations amid virus outbreak
Mitsubishi Motors Corp. said Wednesday it will lay off around 6,500 workers at three domestic factories that have been or will be temporarily suspended due to the coronavirus outbreak.
Japan Times
BUSINESS
Feb 11, 2020
Carlos Ghosn used Nissan-Mitsubishi venture to inflate pay, companies' lawyers allege
Carlos Ghosn, the fugitive former auto executive, used a joint venture between Nissan and Mitsubishi to inflate his pay, effectively clawing back a cut to his declared wages, and to cover a personal tax debt, lawyers for the companies said on Monday.
Japan Times
BUSINESS / Companies
Dec 2, 2019
Nissan, Renault and Mitsubishi to set up new company to develop advanced tech for next-generation vehicles
Nissan Motor Co., Renault SA and Mitsubishi Motors Corp. have agreed to set up a new company to jointly develop advanced technologies for next-generation vehicles, according to sources familiar with the matter.
Japan Times
BUSINESS
Nov 22, 2019
Slumping vehicle sales hit employment in Japan's auto sector
Slumping vehicle sales are starting to take a toll on the employment situation in the automotive industry.
Japan Times
BUSINESS / Tokyo Motor Show 2019
Oct 23, 2019
Mitsubishi rolls out next-generation hybrid SUVs
This year at Tokyo Motor Show 2019, Mitsubishi Motors Corp. is rolling out its latest and greatest inventions — the MI-Tech Concept compact plug-in hybrid electric SUV and the Super Height K-Wagon Concept light motor vehicle.
Japan Times
BUSINESS / Companies
Sep 16, 2019
Nissan CEO Hiroto Saikawa resigns; new chief to face challenge of reviving profit
Nissan Motor Co. CEO Hiroto Saikawa resigned from his post Monday after admitting to overpayment of remuneration and his successor, to be picked next month, will face immense pressure to revive profitability and repair ties with alliance partner Renault SA.
Japan Times
BUSINESS / Companies
Jul 30, 2019
Nissan-Renault-Mitsubishi alliance falls behind Volkswagen and Toyota in first-half vehicle sales
The alliance of Nissan Motor Co., Renault SA and Mitsubishi Motors Corp. lost its lead in global auto sales in the first half of 2019, coming behind Volkswagen AG and Toyota Motor Corp.
Japan Times
BUSINESS / Companies
Jun 12, 2019
Advisory firm urges shareholders to vote against Nissan CEO Saikawa for 'clean break' from Ghosn
A proxy advisory firm urges Nissan shareholders to vote against the reappointment of CEO Hiroto Saikawa as a director, heaping more pressure on him as he struggles to find an accord with Renault.
Japan Times
BUSINESS / Companies / FOCUS
Jun 7, 2019
How the Fiat-Renault merger plan fell apart
Shortly after 9 p.m., as the sun began to set on the rotund glass facade housing Renault SA's headquarters on the outskirts of Paris, the board called a break. The group had gathered for the second time in as many days to sign off on a proposed merger with Fiat Chrysler Automobiles NV. As the talks dragged on, Martin Vial, a delegate for the state, asked to liaise with Finance Minister Bruno Le Maire, who was having dinner back in town at his hulking ministry that protrudes into the River Seine.
Japan Times
BUSINESS / Companies
May 31, 2019
Nissan CEO willing to meet Fiat Chrysler chairman to discuss Renault merger
Nissan Motor Co. CEO Hiroto Saikawa said Friday he is willing to meet Fiat Chrysler Automobiles N.V. Chairman John Elkann to be briefed directly on the Italian-American company's plan to merge with Renault SA, the Yokohama-based carmaker's alliance partner for 20 years.
Japan Times
BUSINESS / Companies
May 30, 2019
Jobs and Nissan will be safe with any Fiat Chrysler deal, Renault's Jean-Dominique Senard says
Tapped to lead a Franco-Italian carmaking giant formed by merging Renault SA and Fiat Chrysler Automobiles NV, Jean-Dominique Senard is in Tokyo to make what may be the sales pitch of his career.
Weak yen fattens tourist wallets in Japan
People visit the Ameya Yokocho market in Tokyo's Ueno district during the Golden Week holiday on Tuesday.
Biden calls ally Japan ‘xenophobic’ along with rivals China and Russia
U.S. President Joe Biden speaks in Syracuse, New York, on April 25.
Number of vacant homes in Japan hits record high of 9 million
A vacant house in Tokyo is seen demolished in January 2020.
Saudi Arabia steps up Gaza-related arrests as Israel ties edge closer
The arrests for Gaza-related posts indicate Crown Prince Mohammed bin Salman’s regime will take a hard line against citizens not toeing the line when it comes to normalizing ties with Israel.
'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Yellow sand allergy: A health issue made worse by climate change
A screenshot of the Meteorological Agency's satellite image of clouds and yellow sand (in pink) on Sunday.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.

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