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Japanese PM Kishida says to set up forum for auto dialogue
... candidate from Toyota 's labor union did not run for office. LDP Vice President Taro Aso met with Toyota President Toyoda at the party headquarters on June 10. They exchanged views on the automobile industry. In January, Kishida met auto mechanics at a Nissan Motor dealership in Tokyo. He also met with Nissan 's president, Makoto Uchida, at the prime minister's official residence in April.
Updated: 06/17/2022
Hyundai Venue 2022 to be launched in 5 trim options
... will come with all powertrain options on offer, while only the SX variant will come with manual versions of the 1.2 petrol and 1.5 diesel engines. The new 2022 Hyundai Venue will be up against the Kia Sonet , Maruti Suzuki Brezza, Tata Nexon and Nissan Magnite . The Hyundai Venue N-Line: The carmaker is expected to launch the new N-Line trim of Venue in its lineup, which will include sporty elements like redesigned front and rear bumpers with red accents, N badging, red inserts on the roof ...
Updated: 06/15/2022
Citroen C3 to be launched in India in July
... mass-market vehicle, the C 3 in the Indian market on July 20, 2022. The upcoming Citroen C 3, called a hatchback with a twist by the company, will be offered in two trim options - Live and Feel. Citroen C 3 will go up against the rival hatchbacks like the Nissan Magnite, Maruti Suzuki Ignis , Renault Kiger and the Tata Punch . The car will come with two petrol engine options - a 1.2 litre naturally-aspirated NA unit and a 1.2 litre turbocharged engine. Citroen C 3 s naturally aspirated version of the ...
Updated: 06/15/2022
Toyota, Nissan to cut staff with furlough
Toyota Motor and Nissan Motor suppliers plan to temporarily slash their employees this month because of the global semiconductor shortage and logistical logjams that take a toll on auto production. Toyota Motor and Nissan Motor suppliers plan to temporarily slash their ...
Updated: 06/15/2022
Honda shifts focus to electric vehicles
... CVCC engine. With manufacturers making huge investments in EV development, joining forces has become increasingly important, even for Honda . Toyota Motor Corp. has a partnership with Suzuki Motor Corp. , Mazda Motor Corp. and Subaru Corp. , while Nissan Motor Co. has partnered with Renault SA , its largest shareholder, and Mitsubishi Motors Corp. A Honda executive said that while Honda has its own expertise to create EVs, companies outside the auto industry could enter the EV market, taking ...
Updated: 06/08/2022
Yen falls to fresh 20-year low against US dollar
... doors to inbound visitors starting Friday, analysts said. Among prime market issues, advancing issues outnumbered decliners 1,413 to 356, while 69 ended unchanged. Toyota Motor rose 39.5 yen, or 1.8 percent, to 2,230, in the auto sector. 0 yen and Nissan gained 6.4 yen, or 1.2 percent, to 561.0 yen. Energy related issues were bought after crude oil futures hit a three month high overnight in New York trading overnight, as China's easing of COVID 19 restrictions is expected to increase energy demand....
Updated: 06/08/2022
Japanese yen falls to fresh low against U.S. dollar
... in more than two months and was lifted by export-related shares that were bought on the yen's weakness. The index's gains were trimmed towards the end of trading as investor sentiment was dented by a fall in U.S. stock futures, according to brokers. Nissan Motor's shares rose to 554.6 yen, with the shares of automakers gaining 14.1 yen, or 2.6 percent, among exporters. Honda Motor rose by 83 yen, or 2.5 percent, to 3,382 yen, and Mitsubishi Motors went up 13 yen, or 3.2 percent, to 418 yen. Among ...
Updated: 06/07/2022
Mitsubishi Electric to invest $220 crore in India
Mitsubishi Electric Corporation will invest about 220 crore 3.1 billion yen in its Indian subsidiary to set up a new factory in Maharashtra on Tuesday. Mitsubishi Electric Corporation will invest about 220 crore 3.1 billion yen in its Indian subsidiary to set up a new factory in Maharashtra on Tuesday. The new factory will be set up near Pune in Maharashtra. Mitsubishi Electric India will produce inverters and other factory automation FA control system products, said a statement from the Japanese...
Updated: 06/07/2022
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