Nissan completes fiscal year for the first time in eleven years

Posted on Apr. 28, 2020, 4:30 p.m. Legally forced to inform the Tokyo Stock Exchange of the sudden deterioration in its performance, Nissan’s communications department improvised an unnecessarily convoluted statement on Tuesday to avoid letting go of the taboo word “losses”. However, the Japanese group and major partner of Renault is well on the point… Continue reading Nissan completes fiscal year for the first time in eleven years

Japan automakers post 34% plunge in March global sales

FILE PHOTO: An employee of Toyota Motor Corp. is reflected on a side mirror on the assembly line of Mirai fuel cell vehicle (FCV) at the company’s Motomachi plant in Toyota, Aichi prefecture, Japan May 17, 2018. REUTERS/Issei Kato TOKYO (Reuters) – Japanese automakers saw a 34% fall in global vehicle sales in March when… Continue reading Japan automakers post 34% plunge in March global sales

@Honda: Production, Sales and Export Results for March 2020 and April 2019 – March 2020

Honda Motor Co., Ltd. today announced a summary of automobile production, Japan domestic sales and export results for the fiscal year ended March 31, 2020 as well as for the month of March 2020. World Production   April. 2019 – March. 2020 March 2020  Units FY on FY Units YOY Japan 807,991  88.6% 72,696 90.3% … Continue reading @Honda: Production, Sales and Export Results for March 2020 and April 2019 – March 2020

Auto newbie VinFast zooms to fifth place in sales – VnExpress International

By Thanh Nhan  &nbspApril 27, 2020 | 12:08 pm GMT+7 A VinFast Fadil car seen in Hanoi. Photo by VnExpress/Duc Huy. VinFast sold 5,124 cars in the first quarter to rank fifth among auto brands in Vietnam, with the hatchback Fadil its most popular vehicle. The data was released by Vietnam Register based on how… Continue reading Auto newbie VinFast zooms to fifth place in sales – VnExpress International

Honda closure creates painful ripple effect – Dayton Daily News

Honda is one of the biggest automakers and employers in Ohio and its cessation of production in late March has had painful ripple effects. Most recently, Green Tokai in Brookville temporarily furloughed workers, the company told the Ohio Department of Job and Family Services in a letter dated Thursday. “It is our intention to reopen… Continue reading Honda closure creates painful ripple effect – Dayton Daily News

UPDATE 1-Honda extends North America auto production halt through May 8

FILE PHOTO: The logo of Honda is seen during the 87th International Motor Show at Palexpo in Geneva, Switzerland March 8, 2017. REUTERS/Arnd Wiegmann WASHINGTON (Reuters) – Honda Motor Co (7267.T) said on Thursday it will extend a shutdown of its North American auto plants through May 8, while also extending unpaid leave for many… Continue reading UPDATE 1-Honda extends North America auto production halt through May 8

Honda extends North America auto production halt through May 8

FILE PHOTO: The logo of Honda is seen during the 87th International Motor Show at Palexpo in Geneva, Switzerland March 8, 2017. REUTERS/Arnd Wiegmann WASHINGTON (Reuters) – Honda Motor Co (7267.T) said Thursday it will extend a shutdown of all of its North American auto plants through May 8 and extend unpaid leaves for many… Continue reading Honda extends North America auto production halt through May 8

Auto companies in no hurry to restart operations as road slowly opens up

For Bajaj Auto, which generates about half its revenue from overseas, the approval has come in for its Waluj plant. New Delhi | Mumbai: The authorities have given the green light to truck-maker Ashok Leyland to start three of its plants, while Bajaj Auto has got the approval to resume production at its exports-focused unit… Continue reading Auto companies in no hurry to restart operations as road slowly opens up

No takers: Hyundai cars sit in U.S. ports as virus keeps buyers away

SEOUL (Reuters) – As Detroit’s automakers shut production in March due to the coronavirus pandemic, South Korea’s Hyundai Motor cranked up its factories back home to ship cars to the United States, a move that is proving costly for the world’s fifth-largest auto group. FILE PHOTO: A man walks past the logo of Hyundai Motor… Continue reading No takers: Hyundai cars sit in U.S. ports as virus keeps buyers away

Cruise hires PG&E board chairman Jeff Bleich as chief legal officer

Cruise, the subsidiary of GM that also has backing from SoftBank Vision Fund, automaker Honda and T. Rowe Price & Associates, is turning to a heavy hitter to head up its legal team. The autonomous vehicle technology company has hired Jeff Bleich, board chairman of utility Pacific Gas & Electric, as its chief legal officer.… Continue reading Cruise hires PG&E board chairman Jeff Bleich as chief legal officer