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United States

Maki Shiraki

Feb 03 2017

Takata taps KSS as final bidder for restructuring deal: sources

TOKYO/DETROIT Takata Corp has selected Chinese-owned Key Safety Systems (KSS), a U.S.-based auto parts supplier, as the final bidder to extend financial support for the Japanese airbag maker, three sources with knowledge of the process have told Reuters.

Feb 01 2017

With new hybrid, Nissan offers cheaper route to electric cars

YOKOHAMA, Japan Nissan Motor Co has taken a step back into gasoline hybrids with its Note e-Power model, which the Japanese automaker hopes will act as a gateway for drivers who will later shift to all-electric cars.

Dec 15 2016

Toyota unlocks its engine technology, could sell to rivals

TOKYO Long guarded about what was beneath the hood of its pioneering Prius cars, Toyota Motor Corp plans to open up its powertrain technology to rivals, hoping this will boost sales and speed up the industry's shift to lower-emission vehicles.

Dec 14 2016

Nissan's Ghosn poised for third salary after being confirmed as Mitsubishi chairman

TOKYO Nissan Motor Co Ltd and Renault SA CEO Carlos Ghosn is set to receive a third salary after Nissan-controlled Mitsubishi Motors Corp on Wednesday approved the Frenchman as its chairman along with a tripling in compensation for board members.

Nov 21 2016

Honda CEO says to stick with North American production plans for now

TOKYO Honda Motor Co. will stick with its North American production plans as it waits to see if U.S. President-elect Donald Trump will follow through on a campaign pledge to dump the North American Free Trade Agreement (NAFTA) when he takes office, the automaker's CEO said on Monday.

Nov 11 2016

Japan car makers shuffle output, boost imports to meet U.S. SUV demand

TOKYO/MARYSVILLE Japan's top automakers are shuffling their U.S. product portfolios and resorting to larger imports of popular models there as they scramble to meet booming demand for gas-guzzling SUVs and trucks in the world's No. 2 auto market.

Oct 20 2016

Nissan takes controlling stake in Mitsubishi, pledges support for turnaround

TOKYO Nissan Motor Co Ltd said on Thursday it had completed a deal to take a controlling stake in Mitsubishi Motors Corp, and would be retaining the embattled automaker's chief executive in a bid to help it recover from a mileage cheating scandal.

Oct 20 2016

Nissan takes controlling stake in Mitsubishi, pledges support for turnaround

TOKYO Nissan Motor Co Ltd said on Thursday it had completed a deal to take a controlling stake in Mitsubishi Motors Corp, and would be retaining the embattled automaker's chief executive in a bid to help it recover from a mileage cheating scandal.

Oct 19 2016

Nissan to appoint CEO Ghosn as Mitsubishi Motors chairman: sources

TOKYO Nissan Motor Co Ltd Chief Executive Carlos Ghosn will chair Mitsubishi Motors Corp after Japan's second-biggest automaker by sales buys control of its smaller peer, two people with knowledge of the matter told Reuters on Wednesday.

Oct 18 2016

Honda planning new China car factory for 2019 start: sources

TOKYO Honda Motor Co plans to build a new factory in China that will produce passenger cars from 2019, boosting its output capacity in the country by about a fifth, two people familiar with the matter said on Tuesday.

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