TOYOTA MOTOR’S GLOBAL OUTPUT DOUBLED IN APRIL

Highlights –

• Toyota Motor’s global output doubled in April.
• Global sales doubled to 859,448 units.
• Sales in Japan itself including mini vehicles, rose 27.1 percent from a year earlier to 124,017 units.
• Overseas output...

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...

GLOBAL OUTPUT OF JAPANESE AUTOMAKERS FELL BY 4.5 PERCENT IN JANUARY

Highlights –

• Global output of Japanese automakers fell by 4.5 percent in January.
• Toyota Motor Corp. and Nissan Motor Co. saw their production rise in the month.
• Toyota’s global sales in January were up 4.6 percent.
• N...

TOYOTA MOTOR FOR THE 1ST TIME IN 5 YEARS RANKS TOP IN GLOBAL AUTO SALES IN 2020

Highlights –

• Toyota Motor for the 1st time in 5 years ranks top in global auto sales in 2020.
• In 2020, Toyota sold 9.53 million units globally.
• Toyota group sold 2.16 million vehicles including minicars in Japan in 2020.
• Th...

JAPANESE AUTOMAKER SUBARU CORP.’S CHIP SHORTAGE LEADS TO HALT DOMESTIC PRODUCTION

Highlights –

• Japanese automaker Subaru Corp.’s chip shortage leads to halt domestic production.
• Subaru is said to halt output at its assembly and engine factories in Gunma Prefecture.
• Subaru manufactures about 700,000 vehicles a...

MOTEGI DISCUSSES POST-PANDEMIC BUSINESS TIES WITH S. AFRICA’S NALEDI PANDOR

Highlights –

• Motegi discusses post-pandemic business ties with S.Africa’s Naledi Pandor.
• Japanese companies are eager to enter the African continent market.
• The ministers have agreed to convene a forum to discuss the bilateral i...

U.N PANEL’S CRITICISM ON THE DETENTION OF CARLOS GHOSN LEADS JAPAN TO LODGE A PROTEST

Highlights –

• U.N panel’s criticism on the detention of Carlos Ghosn leads Japan to lodge a protest.
• Nissan Motor's ex-boss has been alleged over financial misconduct.
• On Friday, the Japanese Foreign Ministry lodged the prote...

CIVIL COURT TRIAL BEGINS IN JAPAN OVER CARLOS GHOSN’S DAMAGES TOWARDS NISSAN

Highlights –

• Civil court trial begins in Japan over Carlos Ghosn’s damages towards Nissan.
• Nissan has demanded 10 billion yen in damages from ex-boss Carlos Ghosn.
• Ghosn has been sued by Nissan over various types of financial mi...

NISSAN MOTOR CO. UPGRADES ITS FISCAL 2020 EARNINGS, EXPECTS GROUP NET LOSS

Highlights –

• Nissan Motor Co. upgrades its fiscal 2020 earnings, expects group net loss.
• Nissan expects a group net loss of $5.8 billion.
• Nissan had previously expected 670 billion yen in loss for fiscal 2020 through next March.
...

TOYOTA RAISED ITS NET PROFIT FORECAST FOR FISCAL 2020 TO $14 BILLION

Highlights –

• Toyota raised its net profit forecast for fiscal 2020 to $14 billion.
• The carmaker company projected sales at 26 trillion yen.
• The company raised its global sales plan to 9.42 million vehicles from 9.1 million units.
...

NISSAN MOTOR CO. TO BOOST PRODUCTION CAPACITY IN CHINA STARTING FISCAL 2021

Highlights –

• Nissan Motor Co. to boost production capacity in China starting fiscal 2021.
• Nissan is planning to manufacture more cars at two plants in China.
• Nissan will start selling its Ariya electric sport utility vehicle in 2021....

GLOBAL OUTPUT OF 8 MAJOR JAPANESE AUTOMKAERS FALLS IN AUGUST

Highlights –

• Global output of 8 major Japanese automakers falls in August.
• Output fell by 12.1 percent in August to 1.87 million units.
• Toyota produced 634,217 vehicles, down by 6.7 percent.
• Suzuki’s global output tot...

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.

LOAN GUARANTEE OF $1.2 BILLION GIVEN TO NISSAN MOTOR CO.

Highlights –

• Loan guarantee of $1.2 billion given to Nissan Motor Co.
• The Development Bank of Japan (DBJ) gave the loan guarantee as part of the COVID-19 relief fund.
• Nissan had reported a net loss of $631 million.
• DBJ had...

POSSIBLE TALKS FOR MERGER BETWEEN NISSAN MOTOR CO. AND HONDA MOTOR CO. EXPECTED THIS YEAR

Highlights –

• Possible talks for a merger between Nissan Motor Co. and Honda Motor Co. expected this year.
• The suggestion of a merger was made at the end of last year.
• Japanese government officials are worried over Nissan’s alli...

NISSAN MOTOR CO. JOINS HANDS WITH AMERICAN ELECTRIC POWER TO REUSE EV BATTERIES

Highlights:

• The project aims to reduce costs by reusing spent EV batteries
• The test was conducted using Nissan Leaf battery in a laboratory at Australia and Japan

American Electric Power and Nissan Motor Co., have conducted a pilot s...

Ghosn blamed the anachronistic Japanese justice system in the first press conference since his flight

Carlos Ghosn, chairman of Nissan Motor Co., broke his silence on Wednesday in a long-awaited press conference, described his prison conditions in Japan, and accused the automaker, prosecutor, and media of destroying his reputation.

Ghosn was standing behind a lectern, wearing a black su...

Imported vehicle deals dunk 6.1 pct in 2019 as Japanese brands battle

The quantity of recently enlisted remote vehicles tumbled to 244,780 units a year ago from the earlier year's 260,705, as per the Korea Automobile Importers and Distributors Association (KAIDA). "Nearby battles against Japanese vehicles and different items are as yet in progress, burdeni...

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...