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Motor sports
Ford urges Red Bull to be open over probe into F1 racing team principal Horner
...Austrian energy drinks company Red Bull, which owns the team, did not immediately respond to a request for comment....
February 16, 2024
LexToyota Motor Corp
Toyota: Daihatsu’s crash test dummies fail risk inspection Premium content
...They include vehicles manufactured for Toyota, Mazda and Subaru. Toyota has been betting on south-east Asia, which it hopes will propel growth....
December 20, 2023
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
LexNissan Motor Co Ltd
This Nissan-Honda team will struggle to match EV rivals Premium content
...Honda is falling further behind in the battery EV race after scrapping a $5bn plan to develop affordable battery-powered cars with General Motors last year....
March 18, 2024
Inside BusinessDavid Keohane
A crash test scandal is prompting changes at Toyota
...One of the main points of the current structure, and why companies like Mazda, Suzuki and Subaru joined the Toyota family, was to provide protection as the pressure of investment in electric vehicles mounted...
January 24, 2024
Toyota Motor Corp
Toyota’s Daihatsu halts global shipments over safety testing scandal
...Daihatsu said it was not aware of any accidents caused by the safety issues, which also affected models supplied to Mazda and Subaru....
December 20, 2023
News updates from March 5: China targets 5% GDP growth in 2024, Gold and Bitcoin hit record highs
Markets update: Hong Kong equities drop after Beijing budget as Tata Motors jumps
...In India, Tata Motors shares rose as much as 7.9 per cent in early trading after the group announced it would be split into two listed companies....
March 5, 2024
FT Live
Business Book of the Year Award 2024
The search for the best business book is under way
Monday, 9 December1 Grosvenor Pl, London SW1X 7HJ, UK
News updates from November 30: Global stocks record best month in 3 years on rate cut hopes, US oil production rises to fresh record
UAW launches drive for mass organising in US vehicle sector
...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....
November 29, 2023
News updates from November 30: US diplomat Henry Kissinger dies aged 100, US says Indian official directed foiled plot to kill Sikh separatist in New York
UAW launches drive for mass organising in US auto sector
...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....
November 29, 2023
Financial & markets regulation
UK regulator warns banks to prepare for costs tied to motor finance probe
...However, it warned that many companies were “struggling to promptly provide the data we need” and said it would extend its review if it did not receive “comprehensive data promptly from a range of firms”...
April 12, 2024
News updates from November 7: Portugal’s prime minister resigns, Oil price sinks to 4-month low
What to watch in Asia today
...Corporate results: Japanese companies reporting second-quarter earnings include Daikin, Mazda Motor, Mitsubishi UFJ Financial Group, Nintendo, Nippon Telegraph and Telephone, Sony and Suzuki Motor....
November 6, 2023
Inside BusinessKana Inagaki
Oil and water: why Nissan and Honda are setting aside their rivalry
...Nissan chief executive Makoto Uchida is blunt on the need for new partners, although the company insists its alliance with Renault and Mitsubishi Motors will not be unwound....
April 9, 2024
LexTata Motors Ltd
Range Rover’s cult status should mean a smooth drive at Tata Motors Premium content
...Tata Motors’ stock has more than doubled over the past year, far outpacing the Indian market — quite a feat for a company with a market value of more than $40bn....
February 5, 2024
News updates from January 25: US economy grows 3.3% in fourth quarter, ECB keeps interest rate at 4%
Hyundai Motors shares rise despite missing profit estimates
...Hyundai Motors share price rose after announcing its fourth quarter results on Thursday, despite missing operating profit estimates....
January 25, 2024
News updates from February 14: UK inflation holds steady, Uber debuts $7bn share buyback
UK motor insurance prices may have plateaued after first fall in two years
...Car owners have been squeezed by a surge in insurance prices since their pandemic lows, as companies try to reflect a surge in claims costs....
February 14, 2024
#techAsia
Japan’s chip supplier surprise and Vietnam’s educational returns Premium content
...“The rapid evolution of digitalisation in recent years has led to diverse companies, from tech to entertainment, venturing into the auto industry and coming up with various services and products,” Mazda...
February 22, 2024
FT Live
Global Banking Summit
The world's top gathering of leaders in finance
Tuesday, 3 DecemberLondon, UK
News updates from January 11: US inflation edges up more than expected, Chesapeake and Southwestern to combine in $7.4bn deal
UK regulator to investigate motor finance commissions
...The UK’s top financial regulator has launched an investigation into historical commission agreements at motor finance companies after finding that companies were rejecting “most” of the “high number” of...
January 11, 2024
News in-depthAutomobiles
How VW and Toyota became the targets of an emboldened US union
...But each of the company’s past two pay increases topped $2 an hour....
April 4, 2024
ExplainerUK banks
The banks exposed to a UK probe into motor finance
...However, carmakers are huge global companies with revenues often in the hundreds of billions of pounds....
February 19, 2024
LexUK banks
Why motor finance could be banking’s next PPI car crash Premium content
...Any lenders funding motor finance should worry about how this problem could mushroom....
February 15, 2024
Electric vehicles
Honda and Nissan to join forces to survive EV race
...The alliance also includes smaller partner Mitsubishi Motors....
March 15, 2024
FT and Schroders Business Book of the Year 2024
Business Book of the Year Award 2024: winners pick their favourites
...Amy Edmondson, ‘Right Kind of Wrong: Why Learning to Fail Can Teach Us to Thrive’ (2023) Favourite: American Icon: Alan Mulally and the Fight to Save Ford Motor Company, by Bryce Hoffman....
April 22, 2024
South Korean business & finance
Luxury car sales plunge as buyers put off by Seoul’s neon licence plates
...President Yoon Suk Yeol made an election pledge two years ago to crack down on private use of company owned luxury cars....
April 19, 2024
News in-depthToyota Motor Corp
Toyota’s $2bn Denso share sale spurs hopes of governance revolution for Japan
...While many of its large holdings are decades old, it has recently built small stakes in smaller rivals Suzuki, Mazda and Subaru as they have sought capital ties with the country’s biggest automaker to survive...
December 5, 2023
Automobiles
Mitsubishi suspends China production as car sales plunge
...Separately on Friday, Masahiro Moro, the newly appointed chief executive of Mazda, said the company was likely to struggle with boosting profits in China this year, despite its aggressive target to grow...
July 14, 2023
Aston Martin
Aston Martin appoints Bentley’s Adrian Hallmark as chief executive
...He praised Felisa’s contributions to the company, and said there would be an orderly handover between the two men....
March 22, 2024

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