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.
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.
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.
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.
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.
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.
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.
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.
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.
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.