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...Toyota is aiming for as early as 2027, Nissan the year after and Honda by the end of the decade....
...“We do not have full details on the matter at this point, therefore Honda are not in a position to make any detailed comment,” Honda said in a statement....
...The group will maintain its long-term alliance with Renault and Mitsubishi Motors in certain markets such as Europe, south-east Asia and Latin America....
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...Shida believes young people “are now ready to challenge the big corporations”....
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...It is working with Honda to launch driverless cars in Tokyo by 2026. GM has frequently projected that Cruise revenue could reach $50bn by 2030....
...The union wrested big pay rises and other benefits from Ford, General Motors and Stellantis earlier this month after a six-week strike against the companies....
...Japan’s Topix fell 0.8 per cent in early trading ahead of earnings releases from Toyota Motor and Mitsubishi Corporation, which were both down 0.8 per cent. South Korea’s Kospi shed 0.6 per cent....
...While UK car production peaked at more than 1.6mn before the Brexit vote in 2016, the closure of Honda’s Swindon plant in 2021 and JLR’s downsizing strategy mean the country can make up to 1.1mn cars a year...
...Nissan Motor and Honda Motor are also competing to develop solid-state batteries, and commercialising the technology would be a boon for Japanese automakers, which are trailing China’s BYD and Tesla of the...
...Bill Ford spoke on Monday as members of the United Auto Workers union continued to strike at plants owned by his company, and by General Motors and Stellantis....
...Volkswagen has become the latest foreign carmaker to raise wages for US workers following significant pay gains won by the United Auto Workers in a six-week strike against Ford, General Motors and Stellantis...
...In the early postwar decades, America’s large multi-divisional corporations, of which General Motors was the best-known example, were seen in Europe as the model for how big business should be run....
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...Smaller companies play a big role in Japan’s electric vehicle battery supply chain, indirectly supporting the likes of Toyota Motor and Tesla....
...“Toyota, Honda, Tesla and the others are loving this strike because they know the longer it goes on the better it is for them....
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