Loading

Search

:

Nissan Sells Auto Parts Firm Stake in Corporate Shake-up

  • Category:Driving
JAPAN TODAY
 
TOKYO — Nissan said Tuesday it is selling its stake in auto parts company Calsonic Kansei as the Japanese firm casts off non-core businesses to focus on electric vehicles and self-driving cars.
The automaker is hiving off its 41 percent stake to U.S. buyout firm KKR, which is buying...

More

Toyota Profit Tumbles on Strong Yen, But Lifts Full-year View

  • Category:Driving
JAPAN TODAY
 
TOKYO — Toyota said on Tuesday its April-September net profit dived 25%, hit by a sharp rally in the yen and as North American vehicle sales fell again, but it upgraded its full-year outlook.
The world’s biggest vehicle maker reported a net profit of 946.1 billion yen ($9.1 billion)...

More

Toyota Recalling Nearly 6 Million More Takata Airbags

  • Category:Driving
THE JAPAN NEWS
 
TOKYO — Toyota said on Wednesday it was recalling another 5.8 million Takata-made airbags in a global safety scandal blamed for a string of deaths and injuries.
The world’s biggest vehicle maker said it was calling back 1.47 million airbags installed in cars sold in Europe, 1.16 ...

More

Renault-Nissan's Ghosn to Head Mitsubishi Motors: Report

  • Category:Driving
JAPAN TODAY
 
TOKYO — Nissan chief Carlos Ghosn will become chairman of Mitsubishi Motors after Japan’s number two automaker announced a major investment in its scandal-hit rival, a report said Wednesday.
The reported appointment would make Ghosn the head of three major automakers, including Fran...

More

Suzuki Much to Gain in Toyota Tie-up

  • Category:Driving
THE JAPAN NEWS
 
The start of tie-up discussions between Toyota Motor Corp. and Suzuki Motor Corp. could lead to a partnership with significant benefits for both automakers — especially Suzuki.
At a time when massive investment is essential for developing self-driving technologies and eco-friendl...

More

Renault-Nissan Boss Says He Needs UK Brexit Guarantees

  • Category:Driving
JAPAN TODAY
 
PARIS — Renault-Nissan will need guarantees from the British government over the impact of Brexit on its business before committing to further investment in Nissan’s plant in the northeastern English city of Sunderland, the automaker’s boss says.
“If I need to make an investment in ...

More

Daihatsu Targets New Light Car at Single Women

  • Category:Driving
JAPAN TODAY
 
TOKYO — Daihatsu Motor Co Ltd has released the Move Canbus light car. It is targeted at single women aged around 30 and is the first light car equipped with the AFS (Adaptive Front-Light System), which changes the direction of the headlights in accordance with steering operations. I...

More

Mitsubishi Considers Lawson Majority Stake

  • Category:Driving
THE JAPAN NEWS
 
TOKYO (Jiji Press) — Mitsubishi Corp. plans to launch a tender offer for Lawson Inc., the third-largest convenience store chain in the country, in a bid to raise its equity stake to over 50 percent from 33.4 percent at present, informed sources said Thursday.
The share acquisitio...

More

Daihatsu launches Move Canbus to draw female drivers

  • Category:Driving
THE JAPAN NEWS
 
TOKYO (Jiji Press)—Daihatsu Motor Co. released Wednesday the newly developed Move Canbus mini-vehicle mainly targeting women.
The new 660 cc series has such women-friendly features as rounded exterior and interior designs, power sliding doors on both sides, and a surround view mo...

More

Japan Factory Output Disappoints in July

  • Category:Driving
JAPAN TODAY
 
TOKYO — Japan’s factory output stagnated in July from the previous month, data showed on Wednesday in a further blow to the world’s third-largest economy.
The lacklustre result came after a series of disappointing data, which raised a red flag for an economy that stalled in the seco...

More