FAWAY designated for development of instrument panels Changchun FAWAY Automobile Components Co., Ltd. (FAWAY) was recently designated by a New Energy Vehicle (NEV) manufacturer, whose name cannot be disclosed due to confidentiality, for the development of instrument panels as a component supplier in accordance with its requirements. According to the customer’s plan, the project is expected to start volume supply in 2026, with an estimated lifec...

News  Updated at: 2025/05/26

FAWAY designated for development of auto seats Changchun FAWAY Automobile Components Co., Ltd. (FAWAY) was designated by a well-known independent luxury automaker, whose name cannot be disclosed due to confidentiality, for the development of automotive seats for conventional models in accordance with its requirements. According to the customer’s plan, the project is expected to start volume supply in 2026, with an estimated lifecycle of 4 years...

News  Updated at: 2025/05/16

policy. Since the automaker’s sales almost evenly depend on major regions in the world, its business foundation will not be immediately affected. However, about half of new Toyota cars sold in the U.S. are imported from Japan and other countries, and impact from a 25% additional automotive tariff cannot be negligible. On May 8, Toyota’s Executive Vice President Yoichi Miyazaki explained that its financial outlook for the fiscal year that ends...

News  Updated at: 2025/05/09

es. Several OEMs have increased investment in Eastern European facilities to reduce production costs and improve proximity to key markets. These countries are becoming increasingly important manufacturing hubs and, to a lesser extent, as developing consumer markets. While Central and Eastern Europe cannot compensate for the scale of lost sales in China or the US, they provide OEMs with cost-efficient production bases and incremental sales growth....

News  Updated at: 2025/05/08

r the 2025 financial year published in the 2024 annual report. Possible full year effects on sales revenue, earnings and cash flow from the announced increased import tariffs, particularly in the United States of America, are still not included in the forecast, as the effects and their interactions cannot be conclusively assessed at present. The VW Group continues to expect sales revenue to exceed the previous year by up to 5%. The Group's operat...

News  Updated at: 2025/04/14

APG designated for supply of front calipers, drum brakes Zhejiang Asia-Pacific Mechanical & Electronic Co., Ltd. (APG) was recently designated by a new customer outside of China, whose name cannot be disclosed due to confidentiality, for the supply of front calipers and drum brakes for a new platform. According to the customer’s plan, the project is expected to start production in 2027, with a lifecycle of 7 years and an estimated total lifecyc...

News  Updated at: 2025/04/08

ire the shares of Makino Milling Machine Co., Ltd. (Makino Milling Machine). Nidec has not received approval from Makino Milling Machine. Nidec’s First Senior Vice President Takamitsu Araki stated at a press briefing held in Tokyo on the same day, “We have requested a meeting many times, but we cannot expect anything more. Nidec is a manufacturer, not a fund. We have offered a takeover bid and clearly explained its synergy.” Nidec announced...

News  Updated at: 2025/04/07

ot give details of what the new deals could look like, but said the U.S. would "reset the baseline" to ensure it was treated fairly. "We don't like the status quo. We are going to set a new status quo, and then we can negotiate something, if they (other nations) want to," he said. "What we have now cannot continue." (multiple sources on March 16, 2025)...

News  Updated at: 2025/03/18

Daihatsu to produce compact cars at Toyota plants in Latin America Daihatsu Motor Co., Ltd. (Daihatsu) has begun preparations to produce vehicles developed by Daihatsu at Toyota Motor Corporation's plants in Latin America. Demand for low-priced mini vehicles is high in Latin America and other emerging countries. For demand in the B-segment and smaller vehicle markets that cannot be satisfied with Toyota vehicles, Daihatsu will introduce a vehicle...

News  Updated at: 2025/03/07

the transfer of production, if negotiations to reach a conclusion between the countries concerned are protracted. GM, Nissan, and Mazda, which import a high percentage of their vehicles sold in the U.S. from Mexico, are concerned about the magnitude of the impact. If supply chains are disrupted, it cannot be ruled out that U.S. inventories, which have been on the road to recovery, will once again become scarce. The Trump administration announced ...

News  Updated at: 2025/03/04

ations, and plans to pass on costs to customers “We have defined what will be necessary for the entire impact to be passed on to our clients and suppliers. Because we can’t do otherwise,” Forvia CEO Olivier Durand said at a news conference. Forvia joins peer Valeo in saying car part suppliers cannot bear the burden of tariffs alone and would pass on the full costs of U.S. trade levies on goods from Mexico, China and Canada to customers. Val...

News  Updated at: 2025/03/01

an additional 10% tariff on China, would go into effect on March 4.  In a post on his Truth Social app, Trump said the tariffs were needed to combat the continued flow of illicit drugs into the U.S. even though U.S. Customs and Border Protection data shows trafficking is already in retreat. “We cannot allow this scourge to continue to harm the USA, and therefore, until it stops, or is seriously limited, the proposed TARIFFS scheduled to go in...

News  Updated at: 2025/02/28

its subsidiary. The new proposition met with strong opposition from Nissan, with many voices against becoming Honda’s subsidiary at its directors meeting held on February 5 where it was decided to abandon integration. Nissan stated that fairness is essential for good collaboration and that Honda cannot be serious about collaboration. (From an article in the Nikkan Jidosha Shimbun on February 7, 2025)...

News  Updated at: 2025/02/07

, 2022 and September 23, 2023. For some vehicles covered by this recall, the electronic power steering function may fail due to software problems, posing a safety hazard. Tesla will upgrade the software for vehicles within the recall through OTA (over-the-air) technology for free. For vehicles that cannot be upgraded through OTA technology, the recall will be implemented by contacting users through Tesla service centers. Tesla will replace the tr...

News  Updated at: 2025/01/27

t 30 million unit market (31,436,000 units in 2024) although Mitsubishi Motors Corporation and others are pulling out of the country. Assuming that PHVs account for 20% of the total, there is annual demand for engine parts needed for about 6 million vehicles. In the fields where local manufacturers cannot easily catch up, Japanese parts manufacturers are likely to gradually enhance their presence. (From an article in the Nikkan Jidosha Shimbun on...

News  Updated at: 2025/01/22

elsewhere as they aggressively expand internationally. The U.S. market (and Japan) will be pivotal to Japanese OEMs. The U.S. is one of the few major markets where Chinese OEMs have struggled to enter. Nissan has made the costly mistake of focusing on BEVs and not having HEVs in the U.S. market. It cannot afford any more missteps in that market and could benefit from Honda’s hybrid technologies for future products. The aim is to reach a definit...

News  Updated at: 2025/01/16

rminated a plan made by Mitsubishi Chemical Corporation, a subsidiary of the MCC Group, to construct a new MMA monomer plant in Louisiana, the U.S. The MCC Group has determined that it will be difficult to secure profit since requirements for supply volume and costs the MCC Group initially expected cannot be satisfied partly due to high prices. The MCC Group has discontinued the plan due to the prospect of meeting immediate demand with existing f...

News  Updated at: 2025/01/09

nd the future uncertainty relating to the availability of government subsidies, most notably the California Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project, which the company believes has caused certain of its customers to slow down or suspend their purchasing decisions.  If Hyzon cannot raise funds or find a buyer, it is expected that the reduction in force will be completed in February 2025. The WARN notice begins the 60-day n...

News  Updated at: 2024/12/24

both NMC and LFP cells, an innovative way to balance the vehicle’s cost and performance. Since Chery sources the cells for this model from CATL, it can inherit the innovative technology from the battery giant. Some state-of-the-art batteries have very high energy densities. However, most of them cannot be used in real-life applications due to inherent fundamental flaws. The ‘anode-free’ (AF) battery is one of these. Its major problem is th...

News  Updated at: 2024/12/20

for the integration of holographic solutions as a basis for presenting interactive content and information. ZEISS and HÜBNER will be presenting this public transportation technology at the CES 2025.  The ZEISS technology for holographic applications is directly integrated into window systems and cannot be visually distinguished from conventional windows. The holographic window systems demonstrate a high transparency performance of over 90% alo...

News  Updated at: 2024/12/17