Crows circle around the tract of cleared land that was once Hoya Corp.’s Pentax camera plant in Mashiko, Tochigi Prefecture. All that’s left is a sign directing employees to a dormitory and gymnasium, both pulled down years ago ...
Tags: Pentax camera, Toyota, Electronics
China's auto sales accelerated in the first two months of this year, led by demand for sport utility vehicles and minivans. Retail deliveries of passenger vehicles increased by 16 percent to 3.49 million units in January and February, the ...
Tags: Auto Sales, SUV, Minivans
Foreign automakers in China may struggle to dictate sales goals in the future after dealers complained to the government that inflexible targets set during a market boom obliged them to buy too much stock and bear the brunt of a drop in ...
Tags: auto market, carmakers
Hagens Berman, a national class-action law firm, has filed a second class-action suit against Japanese parts supplier Takata Corporation and automaker Honda Motor Co., stating that Takata embarked on a concealment campaign, designed to ...
Tags: airbag systems, cheap airbags, Auto
Listed Japanese companies as a whole are expected to maintain profit growth in the fiscal year ending March 2015, but management, concerned by the recent sales tax hike and emerging-market slowdowns, have issued conservative earnings ...
Tags: Electrical, Electronics
Machine-tool maker Goodway Machine Corp. and its subsidiary, Awea Mechantronic Co., Ltd., made more money than expected last year. Goodway and the subsidiary together generated after-tax net income of NT$534 million (US$17.8 million), or ...
Tags: tool maker, medical-equipment, Machine-tool
Australia is losing another vehicle manufacturing facility — and the jobs that go along with it. Toyota Motor Corp. announced that it would stop making cars in Australia in 2017. Toyota’s withdrawal will mean about 2,500 lost ...
Tags: Halt Production, high cost of manufacturing, competition
Italian automobile manufacturer Fiat SpA will acquire full control of Chrysler Group LLC in a deal worth a combined $4.35 billion, Bloomberg News reported. Fiat, which already holds 58.5% of Chrysler, will [delete word pay] acquire the ...
Tags: Fiat SpA, Chrysler Group, stake
Expect automotive sales to top 16 million next year,according to Detroit-based research firm IHS Automotive. That would be up from the 15.65 million in sales estimated for 2013,The Detroit News reported. The auto industry has seen sales ...
Tags: automotive sales, auto industry
Most mobile phone users have never heard of Tizen. Neither have car owners or anyone with a fridge. Samsung Electronics Co. wants to change that. The South Korean electronics giant is in a quiet push to make its Tizen operating system a ...
Toyota Motor Corp is maintaining its position as the world’s best-selling car company in 2013, but main rivals General Motors and Volkswagen are closing in on the Japanese car maker’s lead. The latest data from ...
Toyota Motor Corp is recalling 803,000 of its 2012 and 2013 sedans around the world due to potential problems with air conditioning condensers. The notice, released by Toyota on Thursday, affects mostly its Camry models. The company ...
Toyota Argentina (TASA), a vehicle production and sales subsidiary of Japanese automaker Toyota Motors (TMC), is set to invest $800m to increase the annual production capacity of its Zarate Plant from the current 92,000 units to 140,000 ...
Tags: Transportation, auto
Lexus Australia is recalling an estimated 2500 vehicles due to two separate powerplant faults. Affecting approximately 1750 Lexus RX400h models built between June 2006 and December 2008, the first recall relates to a component of the ...
Toyota Motor Corp., Nissan Motor Co. Ltd., Honda Motor Co. Ltd. and Mitsubishi Motors Corp. jointly announced their agreement to work together to promote the installation of chargers for electric-powered vehicles (PHVs, PHEVs and EVs a.k.a. ...
Tags: Toyota Motor, EV Charging Network