CHIP SHORTAGE LIKELY TO HAMPER MAZDA’S GLOBAL PRODUCTION IN FY 2021

Highlights –

• Chip shortage likely to hamper Mazda’s global production in FY 2021.
• Global production of car may be reduced to 100,000 vehicles a year.
• In April, Mazda expects an output cut of 14,000 vehicles.
• The autom...

SUBARU CORP. REDUCES GLOBAL PRODUCTION OVER CHIP SHORTAGE

Highlights –

• Subaru Corp. reduces global production over chip shortage.
• In Q1 2021 the automaker globally produced 61,000 vehicles.
• The car-making company is aiming to sell 1 million vehicles in fiscal 2021.
• Subaru's ne...

TOKYO STOCKS END DOWN ON FRIDAY OVER GLOBAL CHIP SHORTAGE

Highlights –

• Tokyo stocks end down on Friday over global chip shortage.
• The 225-issue Nikkei Stock Average ended down 241.34 points, or 0.83 percent.
• The broader Topix index of all First Section issues on the TSE finished 10.82 points...

WALL STREET GAINS LEAD TOKYO STOCKS TO RISE ON MONDAY

Highlights-

• Wall Street gains lead Tokyo stocks to rise on Monday.
• The 225-issue Nikkei Stock Average added 307.87 points, or 1.06 percent.
• The broader Topix index of all First Section issues on the TSE was up 13.30 points.
• Stock...

MITSUBISHI MOTORS TO END CAR SALES IN UNITED KINGDOM

Highlights:

• The company Mitsubishi Motors has confirmed that, it will be ending the car sales in the United Kingdom
• The company has announced that, it has been planning to procure new vehicles from its alliance partner Renault

The co...

JAPAN REPORTS FALL IN NEW CAR SALES BY 11.5 PERCENT IN 2020 DUE TO PANDEMIC

Highlights –

• Japan reports fall in new car sales by 11.5 percent in 2020 due to pandemic.
• In 2020 automakers in Japan are said to have sold 4,598,615.
• Toyota Motor Corp. reported a drop by 5.8 percent in domestic sales in 2020.
...

THAILAND MITSUBISHI PLANS SMART MOVE USING V2X 

HIGHLIGHTS

• Mitsubishi Motors Thailand needs to look for new business openings dependent on its "V2X" idea, utilizing plugin hybrid electric vehicles (PHEVs) to make families aware of managing electricity carefully

Morikazu Chokki, Pre...

GLOBAL OUTPUT OF JAPANESE AUTOMAKERS RISE IN SEPTEMBER BY 1.7%

Highlights –

• Global output of Japanese automakers rise in September by 1.7%.
• Toyota Motor Corp.’s global production grew by 11.7%.
• Suzuki Motor Corp.’s global output has increased by 19.1%.
• Honda Motor Co.&rsquo...

EARLY RETIREMENT FOR UP TO 600 WORKERS AT MITSUBISHI MOTORS CORP.

Highlights –

• Early retirement for up to 600 workers at Mitsubishi Motors Corp.
• The automaking company is considering the process to start from mid-November.
• The move comes as a part of the company’s restructuring plan.

FORMER CHIEF EXECUTIVE OF MITSUBISHI MOTORS’ OSAMU MASUKO PASSED AWAY

Highlights –

• Former Chief Executive of Mitsubishi Motors’ Osamu Masuko passed away due to heart failure.
• He was responsible for creating a successful alliance with Nissan Motors’.
• He was a special advisor to Mitsubishi Mo...

TOKYO STOCKS OPENED WITH WEAKER YEN ON WEDNESDAY

Highlights –

• Tokyo stocks opened with weaker yen on Wednesday.
• 225-issue Nikkei Stock Average rose by 38.91 points.
• Topix index was up by 12.43 points.
• Yen opening weak boosted exporters' purchase.

To...