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GM asked to be removed as a partner on the battery plant project with LG Energy Solution to better align with EV demand, among other reasons.
Toyota Motor (TSE:7203) is accelerating a profitability and efficiency drive under new CEO Kenta Kon, with a focus on cost-cutting and higher plant automation. The company is channeling resources into...
Commerce Secretary Howard Lutnick hailed President Donald Trump‘s tariffs on the automotive sector, touting them as a move that will strengthen the U.S.’s domestic manufacturing sector. Howard Lutnick...
Kenta Kon is looking to reverse recent sharp decline in the company’s operating margin.
Japan’s economy grew an annual rate of 1.1% in the April-June quarter even as private consumption stayed flat and the growth of exports declined, according to government data released Monday. Japan ’...