Toyota North America CEO Jim Lentz to retire after 38 years

Business / Corporate Dec 12, 2019

Toyota North America CEO Jim Lentz to retire after 38 years

He was the face of Toyota in the U.S. unintended acceleration crisis, steered the automaker through the Great Recession, started and closed the youth-oriented Scion brand and reorganized North American operations. Now, after 38 years in a number of leadership roles with the company, Jim ...

Subaru recalling over 81,000 cars in Japan

Business Nov 28, 2019

Subaru recalling over 81,000 cars in Japan

Subaru Corp. on Thursday informed the transport ministry that it is recalling 81,343 cars in Japan due to faulty rear suspension springs and engine valves. The automaker offers free repairs for Forester and XV models manufactured between March 2013 and October 2018. Outside Japan, about 760,000 ...

Kirin Beverage recalls 4.3 million bottles of green tea

Business / Corporate Nov 19, 2019

Kirin Beverage recalls 4.3 million bottles of green tea

Kirin Beverage Co. has announced a recall of about 4.3 million bottles of Kirin Nama-cha Decaf green tea because some bottles may have not been sealed properly. The lips of some bottles may have been damaged during the manufacturing process, Kirin said Monday. Subject to the ...

Suntory recalls 1.7 million bottles of Craft Boss Tea

Business / Corporate Nov 5, 2019

Suntory recalls 1.7 million bottles of Craft Boss Tea

Suntory Beverage & Food Ltd. said Tuesday it is recalling 1.7 million 500-ml plastic bottles of its Craft Boss Tea drink in Japan after the company found Bacillus cereus bacteria in the product. An official warned against drinking the tea, as it may cause stomachaches. Subject ...

Suzuki chairman to receive no pay for one year

Business / Corporate May 29, 2019

Suzuki chairman to receive no pay for one year

Suzuki Motor Corp. Chairman Osamu Suzuki will not receive executive remuneration for a one-year period starting in July as part of disciplinary measures following revelations of improper vehicle inspections, the automaker said Tuesday. President Toshihiro Suzuki will receive a 50 percent pay cut for six ...

Mitsubishi Fuso recalls 40,000 vehicles due to engine trouble

Business / Corporate Apr 16, 2019

Mitsubishi Fuso recalls 40,000 vehicles due to engine trouble

Mitsubishi Fuso Truck and Bus Corp. informed the transport ministry Tuesday it will recall 40,316 vehicles due to fears over potential engine trouble. The recall affects five models, including the Super Great truck, produced between March 2010 and August 2017. According to the ministry, Mitsubishi Fuso ...