Suzuki patriarch appoints son as president and likely successor
5:50 am U.S. ET | June 30, 2015 |
UPDATED: 6/30/15 10:37 am ET -- corrected
Osamu Suzuki, the outspoken patriarch of Suzuki Motor, positioned his son Toshihiro as his successor, appointing him president and COO of the family's namesake carmaker. Osamu Suzuki will keep his positions as chairman and CEO.
Toyota's new shares are popular in Japan
10:17 am U.S. ET | June 30, 2015
Japanese retail investors are flooding stock brokers with orders for a new class of Toyota shares, indicating the carmaker can fetch a good price for the issue and secure a new group of long-term investors.
How U.S. chickens led to Japanese truck plants
12:01 am U.S. ET | June 29, 2015
The so-called chicken tax has played a significant role in shaping the U.S. auto market.
Toyota HQ raided by police over executive's arrest, report says
10:28 am U.S. ET | June 23, 2015
Toyota's headquarters was raided by police over the arrest of the company's new communications chief, Julie Hamp, for the alleged illegal import of...
Ghosn's Nissan pay tops $8 million
4:48 am U.S. ET | June 23, 2015
Nissan CEO Carlos Ghosn received a total of 1.03 billion yen ($8.
Bumps in Toyota's road to diversity
12:01 am U.S. ET | June 22, 2015
Stumbles with two high-profile foreign executives at Toyota cast a pall over what had been a bold move forward in the internationalization of the...
Toyoda defends 'close friend' Hamp after arrest
6:40 am U.S. ET | June 19, 2015
Toyota CEO Akio Toyoda defended his "close friend" and global communications chief Julie Hamp a day after her arrest for allegedly importing narcotic...
Subaru adds Impreza Sport Hybrid, its second hybrid, for Japan
11:00 am U.S. ET | June 19, 2015
Subaru is adding a second hybrid vehicle to its lineup, a gasoline-electric version of the Impreza hatchback it hopes will tap booming demand for the...
Toyota appeals $327 million tax bill in Thailand
7:00 am U.S. ET | June 19, 2015
Toyota said its Thailand subsidiary is appealing a Thai government order to pay additional taxes that the Nikkei business daily said would total more...
Toyota 'confident' arrested exec Hamp didn't intend to break Japan drug laws
6:52 am U.S. ET | June 18, 2015
Toyota expressed confidence in communications chief Julie Hamp, its first female senior executive, after she was arrested Thursday on suspicion of a...
Hyundai, Kia cut output in South Korea after sales decline
7:43 am U.S. ET | June 12, 2015
Hyundai and its affiliate Kia are reducing production after sales fell at the two Korean carmakers.
Japanese launch plan for cars to help power electric grid
8:11 am U.S. ET | June 8, 2015
Japanese automakers aim to solidify their global leadership in electric-vehicle charging standards by extending the technology to...
Toyota boosting Japan exports to reach sales goal
7:07 am U.S. ET | June 5, 2015
Toyota, facing capacity constraints in North America, may boost exports from Japan for the first time in three years to meet its global sales target.
Trouble for ex-FCA execs Down Under
12:01 am U.S. ET | June 1, 2015
Fiat Chrysler's Australian subsidiary has filed suit against two former top executives in the country, accusing them of bilking the company out of...
Honda expands airbag recall in Japan
4:32 am U.S. ET | May 28, 2015
The global Takata airbag recall widened again today with Honda calling back another quarter million vehicles in Japan equipped with possibly...
Ford's Turkish unit halts output as labor dispute resumes
2:56 am U.S. ET | May 26, 2015
The Turkish unit of Ford suspended operations at one of its plants after a week-long labor dispute flared up again.
Hyundai to boost output of Tucson SUV
2:01 pm U.S. ET | May 22, 2015
Hyundai said today it would boost output of its Tucson SUV by adding production at a South Korean assembly line that currently makes sedans in order...
Ford, Fiat resume output in Turkey
4:31 am U.S. ET | May 22, 2015
Production resumed at the Turkish operations of Ford and Fiat today after a labor dispute disrupted output for just over a week.
U.S. indicts 2 execs from NGK for price-fixing
1:39 pm U.S. ET | May 21, 2015
One current and one former executive with Japanese supplier NGK Spark Plug were indicted today on a charge of conspiring to fix prices of spark...
Ford's Turkish plant cancels shift
2:27 am U.S. ET | May 20, 2015
Ford Otosan, the Turkish arm of Ford, cancelled an extra working shift, citing supply chain problems amid widening labor unrest in Turkey's...