Nissan Motor Co. is developing new modular powertrains that will help streamline production and drive manufacturing costs for hybrid cars down by as much as 30%.
March 9, 2023Business
Subaru Makes CEO Change as Japan鈥檚 Carmakers Play Catch-Up on EVs
Subaru Corp. appointed Atsushi Osaki as CEO and president, following Toyota Motor Corp.鈥檚 decision to overhaul its top ranks, suggesting a greater urgency among Japanese carmakers to accelerate efforts to better compete in the electric vehicle era.
March 3, 2023Business
Toyota鈥檚 January Output Climbs While Honda, Nissan Report Drops
Toyota Motor Corp. reported a slight drop in global sales in January due to lingering effects of the COVID-19 pandemic and a chronic shortage of semiconductors for automobiles, the Japanese automaker said.
February 27, 2023Business
Toyota Keeps Conservative Profit View as CEO Transition Looms
Toyota Motor Corp. posted third-quarter profit that topped estimates, but kept its conservative outlook for the year intact.
February 9, 2023