By Miyoung Kim SINGAPORE (Reuters) – Japan’s Nissan Motor is open to working with new partners including even technology firms after merger talks with cross-town rival Honda Motor foundered, people familiar with the automaker’s thinking have said. The pair were on course to create the world’s fourth-biggest automaker with annual production of nearly 7 million…
NAGOYA, Japan (Reuters) – A shift to an electric vehicle-only future would lead to job losses among those who have been working on engine-related technologies, including at the many suppliers in the sector, Toyota Motor’s chairman said on Thursday. “There are 5.5 million people involved in the automotive industry in Japan. Among them are those…
Toyota Motor Corp. has lowered its global production target for electric vehicles for 2026 by around 30 percent, saying it now aims to produce around 1 million units, amid slowing demand for all-electric cars, sources familiar with the matter said Friday. The move comes as sluggish sales of EVs are pressuring global automakers to reconsider…