Business, Technology, Equipment

Toshiba to Split, Sell Stake in Carrier

TOKYO — Embattled Japanese technology giant Toshiba plans to split into two companies, and intends to sell its joint venture stake in Toshiba Carrier Corp. to U.S.-based Carrier Group, for about 100 billion yen ($877 million).

Yuri Kageyama | Associated Press
February 7, 2022
Business, Technology, Fuel

Renault, Nissan to Invest $26 Billion in Future EVs

The French-Japanese auto alliance of Renault and Nissan plans to invest $26 billion in electric vehicle technology over the next five years, the companies said Jan. 27.

Yuri Kageyama | Associated Press
January 27, 2022
Business, Technology, Fuel

Toyota to Offer 30 New EVs by 2030

TOKYO — Japanese automaker Toyota is beefing up its electric vehicle lineup, offering 30 new fully electric models by 2030, company president Akio Toyoda said Dec. 14.

Yuri Kageyama | Associated Press
December 14, 2021
Business, Technology, Equipment, Fuel

Nissan Invests in Electric Vehicles, Battery Development

TOKYO — Nissan said Nov. 29 it is investing 2 trillion yen ($17.6 billion) over the next five years and developing a cheaper, more powerful battery to boost its electric vehicle lineup.

Yuri Kageyama | Associated Press
November 29, 2021
Business, Technology, Autonomous

Smart Robots Do All the Work at Nissan’s ‘Intelligent’ Plant

KAMINO KAWA, Japan — Nissan’s “intelligent factory” hardly has any human workers. The robots do the work, including welding and mounting. They do the paint jobs and inspect their own paint jobs.

Yuri Kageyama | Associated Press
October 8, 2021
Business, Technology, Equipment, Autonomous

Toyota Banks on Mobility Technology for Future Growth

TOKYO — Japanese automaker Toyota is revving up acquisitions in mobility technology, adding Renovo Motors Inc., a Silicon Valley software developer, to its Woven Planet team, which is working on automated driving.

Yuri Kageyama | Associated Press
September 28, 2021
Business, Technology, Equipment, Fuel, Autonomous

Japan’s Toyota, Isuzu, Hino Join in Truck Technology Tie Up

Toyota, Isuzu and Hino are setting up a partnership in commercial vehicles to work together in electric, hydrogen, connected and autonomous driving technologies, the three Japanese automakers said March 24.

Yuri Kageyama | Associated Press
March 24, 2021
Government, Business

Japan Charges Two Americans With Helping Ghosn Escape

TOKYO — Japanese prosecutors charged two Americans, Michael Taylor and his son Peter, March 22 in the escape of former Nissan Chairman Carlos Ghosn to Lebanon, while he was out on bail.

Yuri Kageyama | Associated Press
March 22, 2021
Government, Business

New Nissan CEO Makoto Uchida Reaffirms Alliance, Promises Revival

TOKYO — Nissan’s new chief executive Makoto Uchida reaffirmed Dec. 2 the importance of the Japanese automaker’s alliance with France’s Renault, as it strives to puts its financial scandals behind it.

Yuri Kageyama | Associated Press
December 2, 2019
Business

Scandal-Hit Nissan’s Profits Crash Amid Lower Global Sales

TOKYO — Japanese automaker Nissan reported Nov. 12 that its July-September profit tumbled to half of what it earned the year before as sales and brand power crumbled following the arrest of its former chairman, Carlos Ghosn.

Yuri Kageyama | Associated Press
November 12, 2019