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...

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.

Nissan Motor Co., Renault SA and Mitsubishi Motors Corp. Move to Reestablish Position

Nissan Motor Co., Renault SA, and Mitsubishi Motors Corp., auto-making partners, intend to assign a general secretary to keep a check on approaching ventures and aid in re-establishing their position following the removal and arrest of Carlos Ghosn, founder of the alliance.

On Friday, t...