Latest News for: Japan automaker

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Japan's automaker Toyota global output down 25 pct in October on parts crunch

China.dot.org 29 Nov 2021
29 (Xinhua) -- Japan's Toyota Motor Corp ... Following a year-on-year 39.1 percent decline in September, the leading Japanese automaker logged the third consecutive decrease in global output ... However, the automaker said in a press release that the production plans from November onward ...
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Toyota's Oct. global output sinks 25% as parts crunch continues

Kyodo 29 Nov 2021
With many deliveries of Toyota vehicles postponed, global sales, meanwhile, fell 20.1 percent to 677,564 units, according to the Japanese automaker ... All of the automaker's 14 plants in Japan faced output adjustments in October, but Toyota said their operations will return to normal for the first time in seven months in December.
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Nissan investing in electric vehicles, battery development

Springfield News-Sun 29 Nov 2021
The Japanese automaker's chief executive, Makoto Uchida, said 15 new electric vehicles will be available by fiscal 2030 ... Nissan, based in Yokohama, Japan, has suffered recently from the computer chips shortage that’s slammed all automakers because of lockdowns and other measures at chip factories to combat the coronavirus pandemic.
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Nissan to spend 2 tril. yen over 5 yrs to spur electrification

Kyodo 29 Nov 2021
Nissan, like other global automakers, is transitioning toward electrified cars to play its part in global efforts to reduce carbon dioxide emissions and said in its long-term vision that it will launch an electric vehicle with all-solid-state batteries, which are expected to be safer and give vehicles longer range, by fiscal 2028.
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Nissan unveils $18bn electrification push

Business Day 29 Nov 2021
This is the first time Japan’s No.3 automaker, one of the world’s first mass-market electric vehicle (EV) makers with its Leaf model more than a decade ago, is unveiling a comprehensive electrification plan ... Shares of Nissan slid 5.6% on Monday, underperforming its major rivals and compared to the benchmark Japan index’s 1.6% drop.
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Nissan unveils $18 billion electrification push in bid to draw level with rivals

Yahoo Daily News 29 Nov 2021
This is the first time Japan's No.3 automaker, one of the world's first mass-market electric vehicle (EV) makers with its Leaf model more than a decade ago, is unveiling a comprehensive electrification plan ... Shares of Nissan slid 5.6% on Monday, underperforming its major rivals and compared to the benchmark Japan index's 1.6% drop.
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Nissan seeks to dominate electric vehicles with €16bn investment plan

The Irish Times 29 Nov 2021
Nissan has announced a ¥2 trillion (€16 billion) vehicle electrification plan in a bid to “democratise” battery-powered cars and assert its dominance over incumbent global automakers and newcomers such as Tesla ... Nissan shares fell 4.5 per cent on Monday, making it the day’s worst performer among Japan’s top three automakers.
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Suzuki plans Japanese launch of electric minicar in $10,000 range

Democratic Underground 27 Nov 2021
The company has also planned to release an electric vehicle in India ... "We aim to somehow introduce it by 2025," he said of the Japan EV launch. This rollout will come later than affordable electric vehicles from other Japanese automakers ... .
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Chinese EV-Maker Nio to Expand Into Five More European Countries

Caixin Online 26 Nov 2021
10 to announce Nio’s July to September results ... Chinese automakers are struggling to gain traction overseas ... While its market value of $66.6 billion is dwarfed by Tesla’s $1 trillion, it is already worth 20% more than Toyota Motor, at $306 billion, even though its sales are far smaller than those of Japan’s biggest automaker ... .
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Hydrogen-powered Corolla Sport sees success in racing in Japan

Beijing News 21 Nov 2021
TOKYO, Japan. Corolla Sport, the hydrogen-powered model from Japan's Toyota Motor Corporation, will race in the 2022 Super Taikyu series, while automakers Mazda and Subaru are set to enter their own cars operating on biofuel ... ....
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Japan advances record $490B stimulus for struggling economy

The Hill 19 Nov 2021
Japan's Cabinet ... Global supply chain backlogs have greatly disrupted Japan, a major exporting country, and a shortage of semiconductor chips and other parts have hit especially hard for automakers in the country.
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Japan approves $490B package to stimulate struggling economy

Anadolu Agency 19 Nov 2021
Japan on Friday approved a $490 billion economic package to stimulate the country’s economy battered by the COVID-19 pandemic ... The pandemic has hit Japan hard, the world’s third-largest economy which witnessed a record gross domestic product loss of 27.8% in the first quarter of last fiscal year when the COVID-19 was raging.
photo: Creative Commons / Norsk Elbilforening
Nissan Renault CEO Carlos Ghosn visited Norway to launch the new Nissan LEAF
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Three years on, Nissan’s Ghosn coup stinks to high heaven

Asiatimes 19 Nov 2021
... a team of investigators to track not only Ghosn’s movements around Tokyo, but also the movements of his children, select journalists and senior Renault management – including the French automaker’s chairman, Jean-Dominique Senard, while Senard was on an important visit to Japan.
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Japan proposes record stimulus package to fix ailing economy

The Associated Press 19 Nov 2021
A shortage of computer chips and other auto parts produced in other Asian nations that had severe outbreaks and strict lockdowns has hurt production at Japan’s automakers, including Toyota Motor Corp., an economic mainstay ... The scale of the latest package will require Japan to sink deeper into debt by issuing bonds.
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Japan Cabinet OKs record stimulus package to fix economy

Asahi News 19 Nov 2021
Apart from that, shortage of computer chips and other auto parts produced in other Asian nations that had severe outbreaks and strict lockdowns has hurt production at Japan’s automakers, including Toyota Motor Corp., an economic mainstay ... The scale of the latest package will push Japan's debt higher since it will be financed by issuing bonds.
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