On May 9, NDR Auto Components Limited announced that its board of directors has approved entering into a joint venture agreement with Japan-based Hayashi Telempu. The JV aims to manufacture a range of automotive components, including ambient lighting systems, carpets, dash inners, rear shades, and tonneau covers. The

On May 8, Yasunaga Corporation held a completion ceremony for the second phase of expansion at its Mexican subsidiary, Yasunaga Mexico S.A. de C.V. 
With this expansion, the total floor area of the plant in Lagos de Moreno, Jalisco has been expanded from 5,500 square meters to 12,000 square meters. The new building i

On May 9, Nissan announced that it has abandoned plans to build a lithium iron phosphate (LFP) battery plant in Kitakyushu City, Fukuoka, due to consideration of the investment effect.
Nissan says that it will continue to formulate an electric vehicle (EV) battery strategy in line with market needs and its future pro

On May 8, Nissan confirmed it is in talks with Mitsubishi and said working together on a next-generation utility vehicle would help it utilize excess capacity in the U.S.
“Nissan and Mitsubishi Motors will begin discussions on producing and selling next-generation SUVs under both brands and will explore a joint inves

On May 8, 2025, Toyota announced its consolidated sales revenues for the fiscal year ended March 31, 2025 (April 1, 2024 through March 31, 2025) increased by 6.5% year-on-year to JPY 48,036.7 billion. Operating income decreased by 10.4% year-on-year (YoY) to JPY 4,795.6 billion, while net income attributable to Toyot

Mitsubishi Motors' FY2024 full-year financial results were announced.
Sales declined slightly from the previous year to JPY 2,788.2 billion. Sales were down JPY 1.4 billion from the fiscal year ended March 2024.
Operating income decreased 27.3% YoY to JPY 138.8 billion, down JPY 52.1 billion from JPY 191.0 billion

Toyota's FY2024 full-year financial results were announced.
Revenue increased 6.5% YoY to JPY 48,036.7 billion. This was a JPY 2,941.4 billion increase over the previous year's JPY 45,095.3 billion.
Operating income fell 10.4% YoY to JPY 4,795.6 billion. This was a decrease of JPY 557.3 billion from the JPY 5,352.9

On May 7, Mitsubishi Motors announced that it will launch an all-new battery electric vehicle (BEV) based on the next-generation Leaf as an OEM model from Nissan Motor. The model will be introduced to the North American market in the second half of 2026.
This BEV model is part of Mitsubishi Motors' product strategy t

On May 7, Mitsubishi Motors announced that the company and Foxtron Vehicle Technologies Co., Ltd. (hereafter, Foxtron), a subsidiary of Hon Hai Precision Industry Co., Ltd. (Foxconn) responsible for developing electric vehicles, have signed a memorandum of understanding (MOU) to supply Mitsubishi Motors with an elect

On May 6, Inbolt and FANUC announced they are launching a manufacturing breakthrough enabling FANUC robots to perform production tasks on continuously moving parts at line speeds, one of the most complex challenges in workflow automation.
With Inbolt’s AI-powered 3D vision, manufacturers can now automate screw insert

On April 30, NEXTY Electronics, an electronics trading company within the Toyota Tsusho Group, joined the SOAFEE Special Interest Group (SIG). It will support open and scalable architecture for the future of smart mobility. NEXTY Electronics focuses on technologies and commercial products that meet customer and socia