Toyota chair’s pay raised to $10 million despite safety probe
Toyota Chairman Akio Toyoda was paid ¥1.62 billion ($10.2 million) during the 2023 fiscal year, up 62% from a year earlier, even after he received record low shareholder support amid …
Toyota Chairman Akio Toyoda was paid ¥1.62 billion ($10.2 million) during the 2023 fiscal year, up 62% from a year earlier, even after he received record low shareholder support amid …
China’s BYD rolled out its third electric vehicle in Japan as it tries to find traction in a market dominated by hybrids and domestic brands. The Seal electric sedan went …
Beijing – Nissan has closed a car plant in Changzhou, Jiangsu Province, China, in an effort to cut its production capacity in the country to rebuild its operations there, according …
The transport ministry conducted an on-site inspection of the headquarters of Honda and Mazda on Monday as part of investigations into vehicle test fraud involving five vehicle makers. The ministry …
Automaker Suzuki will halt production of cars and trucks in Thailand by the end of next year to focus resources on producing electric and hybrid vehicles elsewhere, the company said …
Toyota’s proposal to re-elect Chairman Akio Toyoda to its board is coming under pressure by two leading proxy advisory firms, which urged shareholders of the world’s largest carmaker to vote …
Japan aims to win a 30% share of the global market for software-defined vehicles designed to improve performance by upgrading software rather than hardware, the industry and transport ministries said …
Honda is scaling down its full-time production workforce in China, with roughly 1,700 employees having agreed to leave thus far, the Japanese automaker said on Wednesday, as its car sales …
Ikeda, Osaka Pref. – Daihatsu Motor on Tuesday resumed production at its plant in Ikeda, Osaka Prefecture, after suspending operations from late December last year due to its safety test …
SHANGHAI – Tesla CEO Elon Musk was on a flight heading to Beijing on Sunday to kick off a surprise trip in the electric vehicle maker’s second-biggest market, according to …