Daihatsu to increase production for consumption tax increase in FY 2016 Masanori Mitsui, president of Daihatsu Motor Co. (Daihatsu), Ltd. announced, "If the consumption tax rate will be raised as scheduled, Daihatsu's production in Japan for fiscal year 2016 (ends in March 2017) will be slightly higher than the FY 2015 result." at a press conference held at Daihatsu Motor Kyushu Co., Ltd. Mitsui announced that the company's total production volum...

News  Updated at: 2016/04/08

Daihatsu to release low-priced vehicles for emerging markets Daihatsu Motor Co., Ltd. is planning to release low-priced vehicles for emerging markets. The company will initially launch the Ayla compact car with a 1-liter class engine. This entry-level vehicle will be produced in Indonesia. According to the company's president Masanori Mitsui, Daihatsu is already making preparations to introduce the next low-end vehicle within the next three years...

News  Updated at: 2013/09/02

Mitsui Kinzoku to build catalyst plant in U.S., starting operations in July 2015 Mitsui Mining & Smelting Co., Ltd. (Mitsui Kinzoku) established a new subsidiary in Frankfort, Kentucky in July 2013. The subsidiary, Mitsui Kinzoku Catalysts America Inc., is capitalized at USD 10 million (approx. JPY 1 billion). The company will hire approx. 40 workers and will build an automobile catalyst plant that will start operations in July 2015.  It will b...

News  Updated at: 2013/08/05

Mitsui Kinzoku ACT to start production of door locks in Indonesia Mitsui Kinzoku ACT Corporation (headquarters: Yokohama, Kanagawa Prefecture), an auto parts supplier in the Mitsui Mining & Smelting Group, announced that it will set up a new subsidiary “PT. Mitsui Kinzoku ACT Indonesia” in Karawang in March 2013. The new company is scheduled to start manufacturing functional parts for automobiles, such as door locks, in September the same yea...

News  Updated at: 2012/12/25

Mitsui Mining & Smelting to form new company in Indonesia Mitsui Mining & Smelting Co., Ltd. announced that it will establish a new company PT. Mitsui Kinzoku Catalysts Jakarta, which will manufacture and sell automotive catalysts, in Suryacipta City of Industry, West Java, Indonesia. It will be capitalized at 10 million USD and will have a site area of 15,000 square meters. It is scheduled to begin operation in April 2013 with approximately 100 ...

News  Updated at: 2011/11/17