NEWSWORTHY
Japan's auto lobby says it hopes NAFTA will keep current framework
Japan's automakers' association said Thursday it hopes that the North American Free Trade Agreement will maintain its current framework as the United States, Canada and Mexico update the trade pact amid growing trade tensions between the U.S. and its trading partners. "Japanese automakers' businesses in ...
Renault-Nissan teams up with Google, letting Android take over the dashboard
Renault SA, Nissan Motor Co. and Mitsubishi Motors Corp. are about to do what many carmakers have been trying to avoid: let Google into the dashboard. The French-Japanese auto alliance announced Tuesday a technology partnership that will make its vehicles among the first to use ...
New star Naomi Osaka arrives in Tokyo to hero's welcome
It was March and Naomi Osaka had just won the biggest match of her life, fulfilling the promise that many pundits had long foreseen. But it wasn't just her brilliant game that had the tennis world abuzz — it was her awkward personality and down-to-earth ...
Volvo owner Geely overtakes Nissan to snatch third spot in China's auto market
Geely Automobile Holdings Ltd. surpassed its top three Japanese rivals to become the third-largest carmaker in China, helped by models that appeal to the nation's young consumers. Reporting a 54 percent jump in net income for the six months through June, the carmaker said in ...
Nissan to boost China production capacity by 40 percent: source
Carmaker plans to invest about $900 million in the country, part of an $9 billion strategy to become a top three player in the world’s largest auto market.
Prospect of U.S. tariffs on auto imports too close for comfort, Japan carmakers warn
Automakers and industry experts say the levies would surely hit Japan’s signature industry hard, with manufacturers expected to shoulder thousands of dollars of additional costs for every imported car.
Renault-Nissan group grabs top spot in first-half global auto sales
The Renault-Nissan alliance retained their crown as the world's largest auto seller in the January to June period for a second consecutive year, outselling major rivals Volkswagen AG and Toyota Motor Corp. The alliance formed by Renault SA, Nissan Motor Co. and Mitsubishi Motors Corp. ...
Nissan's profit drops 14.1% in first quarter on rising costs, stronger yen
Automaker Nissan reported a drop in first-quarter profit on Thursday, blaming pressure from rising material costs and a higher yen. Nissan said sales in China rose in the quarter to June but fell in North America and Europe. Quarterly net profit dropped 14.1 percent to ...
Renault and Nissan eye possible merger within two years: sources
Renault SA and Nissan Motor Co. have given themselves two years to decide on a possible merger or find an alternative mechanism to enhance their partnership, people familiar with the matter said. A solution to cement ties would be found before Carlos Ghosn, the chairman ...
Nissan cancels sale of electrical vehicle battery business to China investment fund
Nissan Motor Co. said Monday it has decided to cancel plans to sell its lithium-ion battery business to GSR Capital, as the Chinese investment firm lacked the necessary purchase funds. The automaker said in August 2017 it would sell battery subsidiary Automotive Energy Supply Corp. ...
Japan's automakers chase IT tie-ups in race for driving's future
The race to transform the global auto industry has reached full throttle. Facing what has been touted as a once-in-a-century transformation, domestic carmakers are rushing to transition from conventional manufacturers into tech-driven "mobility companies" focused on CASE (connected, autonomous, shared and electric) technologies. Toyota Motor Corp. ...
Carlos Ghosn, chairman and chief executive officer of the alliance between Renault SA, Mitsubishi Motors Corp. and Nissan Motor Co., said Friday there is "zero chance" that the French automaker will make the two other companies wholly owned subsidiaries. "Anybody who will ask Nissan, Mitsubishi ...
