Slumping vehicle sales hit employment in Japan's auto sector

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. Since Nov. 8, Mazda Motor Corp. has stopped soliciting new workers on fixed-term contracts at its head office plants in Hiroshima Prefecture, which mainly manufacture finished vehicles, and ...

Toyota and Subaru agree to jointly develop electric SUVs

Business / Corporate Jun 6, 2019

Toyota and Subaru agree to jointly develop electric SUVs

Toyota Motor Corp. and Subaru Corp. said Thursday they have agreed to jointly develop an electric sports utility vehicle to be sold under each company's brand. The two automakers said they will co-develop a platform dedicated to battery electric vehicles for midsize and large passenger ...

Japanese and other automakers tout SUVs at New York auto show

Business / Corporate Apr 18, 2019

Japanese and other automakers tout SUVs at New York auto show

Automakers on Wednesday gathered at this year's New York International Auto Show where Japanese carmakers unveiled all-new sport utility vehicles amid growing demand for light trucks over passenger vehicles. Toyota Motor Corp. introduced its 2020 Highlander, a midsize family-friendly SUV that ushers in the model's ...