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...A commitment to full-scale manufacturing in the UK would provide a welcome boost to the industry, which saw Japan’s Honda close its plant in Swindon two years ago in the wake of the Brexit vote....
...People close to Sony suggest the project is aimed at gaining manufacturing knowhow of cars, which could then help Sony to sell its automotive image sensors to Tesla and other EV groups....
...The Japanese government figures had tried to bring Nissan and Honda together for merger talks at the end of 2019, amid fears that Japan’s vast car manufacturing base was losing its edge as the shift towards...
...Nissan plans to slash the cost of manufacturing its electric vehicles by 30 per cent as the Japanese carmaker turns to new partnerships and manufacturing methods to counter the rising threat from Chinese...
...Toyota is aiming for as early as 2027, Nissan the year after and Honda by the end of the decade....
...Nissan plans to slash the cost of manufacturing its electric vehicles by 30 per cent through new partnerships and manufacturing methods, as the Japanese carmaker responds to the rising threat from Chinese...
...Honda last month agreed to a 5.6 per cent annual pay bump, the highest since 1989....
...Honda said: “We do not believe an outside party would enhance the excellent employment experience of our associates.”...
...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...
...“I feel that big carmakers are behind the recent push [to reform the industry],” said an executive at a company that makes battery manufacturing machines....
...Farley has said the union was holding a deal “hostage” because of the plants, which are pivotal for the future of car manufacturing....
...Even when land does become available, it is used for activities such as logistics, like at the Honda site....
...During a panel discussion at Wednesday’s forum, Honda Motor chair Seiji Kuraishi said Malaysia’s position as a semiconductor hub was becoming “even more crucial” for the global supply chain....
...Honda began making its Accord in Ohio in the early 1980s. Toyota Motor and others soon followed suit....
...to the popular non-electric Honda Activa scooter at about Rs76,000....
...LG Energy Solution, one of the world’s top three EV battery producers that has joint ventures with General Motors, Honda and Hyundai in the US, announced this month it was laying off 170 workers at its plant...
...The IRA has already prompted an investment spree by Japanese manufacturers with Panasonic, Toyota, Honda, Bridgestone and others announcing additional spending plans in the US....
...That would make it one of the largest semiconductor manufacturing facilities in the world....
...Since 2010, more than $70bn has been invested in EV and battery manufacturing in the region, compared with $51bn in the Midwest....
...Total car production rose by 12 per cent to 450,000 compared with the first half of 2022 but remains a third lower than before the coronavirus pandemic following the closure of Honda’s Swindon plant and...
...Ohio has attracted a number of cleantech projects this past year, including a $4.4bn battery plant from Honda and LG Energy Solution that received more than $300mn in incentives from JobsOhio and the state...
...China’s manufacturing activity unexpectedly contracted in October, damping hopes of increasing momentum in the economy....
...Nissan and Honda have their own programmes....
...The government is providing $1bn for a battery plant developed by Honda and Japanese battery maker GS Yuasa....
...Moody’s estimates that construction spending on manufacturing plants is up 55 per cent....
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