Production capacity at Japanese carmaker will be reduced by 20% and sales budgets cut Nissan has announced it will cut 9,000 jobs from its global workforce as part of “urgent measures” to stem losses.The Japanese car manufacturer said it would also red…
Electronics firm taken private in £11bn deal by consortium led by Japan Industrial PartnersToshiba, the Japanese company synonymous with the country’s 20th-century dominance of electronics, has delisted from the Tokyo stock exchange after 74 years.The …
Global recall of 2,700 bZ4X SUVs a major blow to world’s largest carmaker’s first attempts at battery-only vehicleToyota has been forced to recall 2,700 of its first electric vehicles because of concerns the wheels could fall off, in a blow to the worl…
Tokyo-listed shares in Japanese group rise after it shows off second concept vehicleSony has revealed plans to start an electric car company, making it the latest electronics manufacturer to target the automotive sector.The Japanese tech firm is “explo…