Business, Equipment

Nissan Cuts 9,000 Jobs as Its Vehicles Fail to Sell

TOKYO — Nissan reported Nov. 7 a loss for the latest fiscal quarter as its vehicle sales sank while costs and inventory ballooned, prompting the Japanese automaker to slash 9,000 jobs.

Yuri Kageyama | Associated Press
November 7, 2024
Business, Technology

Nissan Is Developing ‘Cool Paint’ for Cars

Nissan showed Aug. 6 what it called a “cool paint” to keep people inside vehicles cooler, although the coating is six times thicker, making commercialization still a challenge.

Yuri Kageyama | Associated Press
August 6, 2024
Business, Technology

Toyota Shows ‘Engine Reborn’ With Green Fuel

Toyota announced that it would offer lean compact engines that also run on so-called green fuels like hydrogen and bioethanol, or get paired with zero-emission electric motors in hybrids.

Yuri Kageyama | Associated Press
May 28, 2024
Business, Technology, Fuel

Nissan Says It Will Make Next-Gen EV Batteries by 2029

YOKOHAMA, Japan — Nissan expects to mass produce electric vehicles powered by advanced next-generation batteries by early 2029, the company said April 16.

Yuri Kageyama | Associated Press
April 16, 2024
Business, Technology, Safety

Toyota to Oversee Model Certification at Daihatsu

TOKYO — Japanese automaker Toyota will oversee model certification at its subsidiary Daihatsu to regain trust among dealers, customers and workers after a safety testing scandal.

Yuri Kageyama | Associated Press
April 8, 2024
Business, Technology

Nissan Promises Aggressive EV Push

TOKYO — Nissan will expand its electric vehicle lineup, develop more powerful batteries and cut production costs, while speeding up the whole process.

Yuri Kageyama | Associated Press
March 25, 2024
Business, Technology, Equipment

Honda and Nissan to Partner on EVs, Intelligent Technology

TOKYO — Nissan and Honda announced March 15 that they will work together in developing EVs and auto intelligence technology, sectors where Japanese automakers have fallen behind.

Yuri Kageyama | Associated Press
March 15, 2024
Business, Safety

Daihatsu Sees Long Wait to Resume Business Amid Safety Snafu

TOKYO — Daihatsu Motor Co., a Japanese unit of Toyota Motor Corp. that allegedly cheated on safety tests for decades, said Jan. 22 it doesn’t expect to resume shipping cars any time soon.

Yuri Kageyama | Associated Press
January 22, 2024
Business, Technology, Equipment

Toyota Sells Part of Denso Stake to Raise Cash for EVs

Toyota is selling a part of its stake in components maker Denso to raise cash for its drive toward electric vehicles and other innovations, Japan’s top automaker said Nov. 29.

Yuri Kageyama | Associated Press
November 29, 2023
Business, Technology, Equipment

Toyota’s Profits Zoom on Cheap Yen, Strong Global Sales

TOKYO — Toyota’s July-September profit jumped nearly threefold from a year ago as vehicle sales grew around the world and a cheap yen boosted the Japanese automaker’s overseas earnings.

Yuri Kageyama | Associated Press
November 1, 2023