JAPAN TODAY
 
TOKYO — Mitsubishi Motors wants to triple its directors’ pay as Nissan chief Carlos Ghosn gets set to take over as chairman at the automaker dented by a mileage-cheating scandal.
In a notice dated Nov 29, Mitsubishi said it would put a “restructuring of our executive compensation sy...

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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...

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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)...

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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 ...

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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...

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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...

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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 ...

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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...

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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...

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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...

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