TOKYO — Nissan Motors will halt production at two assembly plants in Japan for two days next week due to repercussions from the earthquake that hit the northeast of the country on Feb. 13, Nikkei has learned. Nissan’s Oppama plant, which makes the company’s flagship Note compact car, and its subsidiary Nissan Shatai’s Shonan plant,… Continue reading Nissan to halt production due to earthquake, following Toyota
Author: Nikki News Feed
China’s Great Wall to kick-start Thai sales with focus on EVs
BANGKOK — Chinese automaker Great Wall Motor will make an official entry into Thailand, Southeast Asia’s largest car market, this year with a focus on electrified cars to break the stranglehold of Japanese brands, which together hold nearly 90% of the market share. Executives of the company met Thai Prime Minister Prayuth Chan-ocha on Monday… Continue reading China’s Great Wall to kick-start Thai sales with focus on EVs
Toyota halts production as Hitachi parts unit hit by quake
NAGOYA — Toyota Motor has halted production at 14 assembly lines in Japan for up to four days through Saturday, due to the shutdown of a Hitachi suspension plant, Nikkei has learned. The plant in Fukushima, owned by Hitachi subsidiary Hitachi Astemo, suspended production due to a power outage after an earthquake hit northeastern Japan on Saturday. That,… Continue reading Toyota halts production as Hitachi parts unit hit by quake
Toyota halts half of Japan production lines after powerful quake
TOKYO — Toyota Motor will halt production at 14 Japanese assembly lines for up to four days through Saturday, after a weekend earthquake in northeastern Japan disrupted operations at the automaker’s suppliers. The suspension begins as early as Wednesday and affects half of Toyota’s 28 lines at nine factories nationwide, including subsidiaries such as Hino… Continue reading Toyota halts half of Japan production lines after powerful quake
Toyota supplier Akebono Brake says it faked data 100,000 times
TOKYO — Japanese auto parts supplier Akebono Brake Industry said on Tuesday it found about 114,000 instances of misconduct, including the falsification of inspection data of brakes and their components. Of those components, about 5,000 cases failed to clear quality standards Akebono had agreed with its automaker customers, the company said. Such components were delivered… Continue reading Toyota supplier Akebono Brake says it faked data 100,000 times
Japan gas-station operator Idemitsu enters electric vehicle race
TOKYO — Japanese oil company Idemitsu Kosan has partnered with race-car manufacturer Tajima Motor to enter the electric vehicle market as early as this year, aiming to deliver autos as low as 1 million yen ($9,500) as well as car sharing services. This marks the first time in Japan that a non-automaker has made the jump into electric vehicles… Continue reading Japan gas-station operator Idemitsu enters electric vehicle race
Look out Tesla, SAIC’s $4,500 electric car takes China by storm
BEIJING — On the showroom floor of a SAIC-GM-Wuling Automobile dealership in Chongqing, a salesman enthusiastically recommended the Wuling Hong Guang Mini EV, an electric car that has quickly won over Chinese drivers since its nationwide launch in July. The boxy compact lives up to its name, measuring less than 3-meters long and 1.5-meters wide,… Continue reading Look out Tesla, SAIC’s $4,500 electric car takes China by storm
Ghosn’s accused escape plotters on verge of extradition to Japan
BOSTON (Reuters) — A U.S. appeals court on Thursday declined to further delay the extradition to Japan of two men charged with helping former Nissan Motor Co Ltd Chairman Carlos Ghosn flee the country. The order by the 1st U.S. Circuit Court of Appeals in Boston clears the way for U.S. Army Special Forces veteran… Continue reading Ghosn’s accused escape plotters on verge of extradition to Japan
LG wins key EV battery dispute against SK Innovation in US
SEOUL/NEW YORK — The U.S. International Trade Commission has ruled in favor of LG Chem’s trade-secrets theft claim against rival SK Innovation, concluding a 20-month investigation on the dispute between the two South Korean conglomerates. The commission’s decision on Wednesday includes a 10-year exclusion order against SK Innovation, or SKI, to ban it from importing… Continue reading LG wins key EV battery dispute against SK Innovation in US
Toyota boosts profit forecast 34% after sales recovery in China, US
TOKYO — Toyota Motor on Wednesday revised its full-year net income forecast through March to 1.9 trillion yen ($18.1 billion), up 33.8% from its last prediction in November and down 6.7% from the previous year, as the Japanese car giant expands its robust sales momentum in the wake of COVID-19 despite the industry being shaken… Continue reading Toyota boosts profit forecast 34% after sales recovery in China, US