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Global Markets | Japan's Nikkei closes above 60,000 for first time on earnings optimismJapan's Nikkei index soared past the 60,000 mark for the first time, driven by strong corporate earnings and AI sector optimism, despite Mi...- Ford's pain underscores uneven impact of two-year auto chip shortageFord said on Thursday it left billions of dollars on the table that were within its control and blamed a 100,000 vehicle shortfall in its f...
- Suzuki Motor looks to partner Toyota to learn how to make small EVsSuzuki said it is learning EV and other technologies from Toyota with a goal to use that to develop cars that are more in line with its own...
- Sony considers $5.8 billion smartphone sensor factory in Japan-mediaThe plant would be located in Kumamoto prefecture and Sony plans to bring it online in 2025 at the earliest, the report said. The news was ...
- Japan's Nikkei gives up gains as Denso outlook sours sentimentShares of Denso, a major supplier to Toyota Motor Corp, slipped 5.2% after the company lowered its operating profit forecast for the curren...
- TSMC and Sony considering joint chip factory, Japan government to help -NikkeiTSMC has been concerned about the the concentration of chipmaking capability in Taiwan, which produces the majority of the world's most adv...
- Nikkei falls to 8-month low as Toyota drags peers, materials makersThe Nikkei share average fell 0.98% to close at 27,013.25, its lowest since December 28. The broader Topix dropped 0.87% to 1,880.68. For t...
- LG and Magna announce billion dollar joint venture in electric car gearThe joint venture, tentatively called LG Magna e-Powertrain and valued at $1 billion, will manufacture e-motors, inverters and onboard char...
- Nikkei slips from multi-decade highs on vaccine supply concernsThe Nikkei share average fell 0.22% to 26,751.24, but posted its fifth consecutive weekly gain. In the previous session, the index settled ...
- Nikkei climbs 2.7% on upbeat earnings reports, gains in US futuresThe benchmark Nikkei average advanced 2.7 per cent to 19,783.22, its highest closing since April 17.
- India’s electric car ambitions could stumble on lack of lithiumIndia’s EV production will rely on imports from China of lithium chemicals used to make cathodes and battery cells, according to Jasmeet Si...
- Targeting 20% increase in revenue this year: Neeraj Munjal, Shivam AutotechIn the current situation these customers are importing these products and we would be saving foreign exchange for our country through this ...
- Subros scrip up 51% on Danso, Suzuki Motors stake sale buzzMarket expectations that Denso, Suzuki Motors will raise their stake to seize control of Subros has triggered a bull run in the shares.
- Subros sees FY11 rev rise 22 pcIndia's largest auto airconditioning maker, Subros Ltd , expects sales to grow by about 22 per cent as it adds more capacity to feed growin...
- Toyota to resume output at China plant hit by strikeToyota Motor Corp. plans to restart production at its factory in Guangzhou, China, on Monday as a key auto parts affiliate has partially re...
- New strike in China affects supplier to Toyota, HondaA strike has halted production at a Chinese factory owned by Japan's Denso Corp, a car parts maker affiliated with Toyota Motor Corp, the l...
- FBI raids offices of Toyota supplier, 2 more auto-part makersFBI raided offices of three Japanese auto-part makers in Detroit as part of investigation into an anti-competitive cartel.
- Drop in Asian auto majors drives Indian auto futures into discountIndian automobile stocks fell on Wednesday following a drop in Asia's biggest automobile manufacturers Toyota and Honda Motors.
- Mazda buys back chunk of own shares from FordMazda spent 17.8 billion yen to buy back 6.8 per cent of its own shares from cash-hungry Ford Motor Co. Several other companies bought smal...
- Denso Q1 sinks, cuts forecasts as Toyota suffersDenso Corp the world's top auto parts supplier, reported on Wednesday a more than 20 percent fall in quarterly profits -- considerably wors...
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