The future of Honda Motor Co may rest with a pair of contrarian Japanese car engineers working from a drab Tokyo suburb with a hotline to the boardroom. Their mission: just say no.
The country will no longer resume domestic assembly of the Honda Civic, after the Japanese carmaker decided to produce the ninth generation of the model in Thailand.
TOKYO — Japan’s Mitsubishi Motors is willing to sell its Netherlands factory “for one euro” if the buyer is prepared to keep employing the 1,500 workers there, the company president has said. “If the payroll of about 1,500 factory workers …
Japan’s Mitsubishi Motors is to stop manufacturing automobiles in Europe by around 2013 as it shifts its focus to emerging markets, reports said Monday.
Japan’s Mitsubishi Motors said Friday that cost cuts and a better product line-up enabled to it to reverse a year-before loss and post a net profit in the nine months to December.
Honda Motor’s net profit for the nine months to December slumped by almost three-quarters from the previous year due to Japan’s March disasters, huge floods in Thailand, and the high yen, it said Tuesday.
Ford Motors is transferring local production of the Focus and Mazda 3 models to Thailand.
Japan’s fourth-largest automaker Mitsubishi Motors on Thursday recalled nearly 300,000 small cars in Japan over engine oil leaks.
BMW on Thursday said it grew its sales by a fifth, cornering a third of the local luxury market in 2011.
German automaker BMW is recalling nearly 89,000 Mini Coopers, the US traffic safety agency announced Sunday, citing the threat of a smoldering circuit board that could set the cars on fire.