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SHOWING RESULTS 1 - 25 OF 245
  • Supplier Marelli selects KKR to lead turnaround, debt restructuring

    May 31, 2022 12:50:39 PM

    As part of the turnaround plan, Marelli is seeking the cancellation of about 450 billion yen ($3.5 billion) in debt, out of obligations of about 1.13 trillion yen, Bloomberg reported.

  • Toyota production back on track in December after chip-related cutbacks

    November 12, 2021 03:51:16 AM

    The automaker's plants and production lines in Japan are scheduled to operate normally for the first time in seven months.

  • Toyota will cut global output by 40% in Sept. on chip shortage

    August 19, 2021 05:35:04 AM

    The sweeping shutdowns, which begin in August and run through the end of September, will hammer Toyota output in every major market -- Japan, the U.S., Europe, China and Asia.

  • Toyota cuts Feb. output, expects to miss annual target on chips crunch

    January 18, 2022 03:05:13 AM

    Toyota had been aiming for a high February production plan to meet strong demand.

  • COVID-19 impact could hit Japanese automakers' output in October

    September 09, 2021 05:20:29 AM

    Automakers have already had to cut production because of difficulties finding semiconductors and other components as the pandemic disrupts manufacturing around the world.

  • Toyota cuts output again on shortage of chips, parts

    September 10, 2021 04:09:21 AM

    The automaker said parts such as semiconductors and wire harnesses are in short supply because of bottlenecks triggered by lockdowns in southeast Asia.

  • Japan's July factory output slips as COVID-19 hits production

    August 31, 2021 04:26:07 AM

    A spike in infections has forced governments in Asia to impose fresh lockdowns and curbs, which are causing disruptions in parts supply across the region, adding to a global chip shortage.

  • Toyota cuts global production for 3rd time but says worst is over

    October 15, 2021 04:26:26 AM

    The automaker will reduce output again in November, but the impact will not be as painful as before and Toyota sees signs of recovery on the horizon.

  • Toyota halts output at 2 Japan plants due to supply shortage

    December 09, 2021 04:33:32 AM

    The three-day suspension is likely to mean a production fall of 3,500 vehicles.

  • Toyota aims to make up lost production as supplies rebound, report says

    October 12, 2021 04:31:51 AM

    The automaker has asked suppliers to make up for lost output so it can build an additional 97,000 vehicles between December and the end of March, Reuters reported.

  • Toyota says it will build record 800,000 vehicles in January

    December 15, 2021 04:06:41 AM

    The comment comes after the automaker said a parts shortages would cost it 14,000 vehicles in lost production in December.

  • Hyundai tries again to crack Japan with electric, high-tech, online strategy

    February 08, 2022 06:07:31 AM

    The automaker is betting that its cars will appeal to younger Japanese buyers who are also more open to trying South Korean imports, thanks to the local success of electronics brands and hip Korean culture.

  • Toyota President Akio Toyoda tapped for rare third term to helm Japan’s industry group

    November 18, 2021 07:20:12 AM

    The move provides continuity and senior leadership as the country’s carmakers grapple with the shift to carbon neutrality.

     

  • Toyota will lose RAV4, Land Cruiser, Lexus output on quake shutdowns; chipmaker Renesas resumes partial production

    March 18, 2022 03:20:24 AM

    The quake triggered a tsunami, caused blackouts as far away as Tokyo, derailed the country's famed bullet train and buckled highways that serve as critical supply arteries.

  • Toyota halts Land Cruiser, Lexus output in Japan as parts shortage bites again

    December 10, 2021 05:20:49 AM

    The latest stoppages will bring lost output to 9,000 vehicles, the automaker said, and affect production of Lexus models and the Land Cruiser.

  • Toyota halts Japan production after supplier hit by cyberattack

    February 28, 2022 06:05:25 AM

    The attack comes just after Japan joined Western allies in clamping down on Russia due to its invasion of Ukraine.

  • Toyota slashes April production, takes 'intentional pause' from rampant growth

    March 17, 2022 05:23:44 AM

    Toyota said it would slash its global production plan for April by 150,000 units to 750,000 vehicles, compared with the original schedule reported to suppliers earlier this year.

  • Nissan adds new EV; Mitsubishi unveils sibling model

    May 20, 2022 04:15:42 AM

    Nissan and Mitsubishi are using technology developed by Mitsubishi on the discontinued i-MiEV to tap huge Japanese demand for all-electric runabouts in the minicar segment.

  • Japanese supplier Marelli enters court-led reorganization

    June 24, 2022 08:23:26 AM

    Marelli is seeking the cancellation of about 450 billion yen ($3.3 billion) in debt out of total obligations of about 1.13 trillion yen, as part of a wider restructuring, sources say.

  • Toyota curbs output at Japan plant after workers test positive for coronavirus

    January 19, 2022 09:01:03 AM

    The planned four-day halt to production at a Tsutsumi factory line, which makes Camry and Corolla models, will cut vehicle output by as many as 1,500 vehicles.

  • Toyota increases overseas car production as output slumps in Japan

    July 28, 2022 04:29:13 AM

    Toyota's overseas output climbed 5.6 percent to 3.35 million vehicles through June, while production in Japan fell 18 percent to 1.73 million.

  • The story behind the Carlos Ghosn saga: the lawyers

    November 19, 2021 04:40:02 AM

    A key group has avoided close scrutiny of their role in the once-powerful Carlos Ghosn's downfall: the lawyers.

  • Renault-Nissan has become 'small and fragile,' Ghosn says

    February 16, 2022 07:01:10 AM

    Ghosn said of Renault's current management, including CEO Luca de Meo, who is leading the automaker's revival strategy, "It's all very well to make announcements about plans, but strategy is only 5 percent."

  • Former Nissan exec Greg Kelly returns to U.S. after Ghosn-related trial

    March 07, 2022 05:56:06 AM

    Greg Kelly, accompanied by his wife, Dee, was escorted to Tokyo’s Haneda Airport, by the U.S. Ambassador to Japan, Rahm Emanuel, and checked in to a flight for home.

  • Former Nissan director Greg Kelly tears up after return from Ghosn odyssey in Japan

    March 14, 2022 07:22:57 PM

    Kelly said coming home after his three-year legal odyssey in Japan was “like Dorothy in the Wizard of Oz,” as he choked up with emotion during a press conference from Nashville. “There’s no place like home,” he said.

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