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PANASONIC AUTOMOTIVE UNIT
Haleon may rope in ex-MD of Castrol India to head local bizHaleon India is reportedly set to appoint Kedar Lele, the outgoing MD of Castrol India, as its new chief early next year. Lele will succeed...
Trump's tariff threat spurs auto suppliers to rethink production plansThese tariffs could range up to 60%, significantly affecting the cost-effectiveness of auto parts from lower-cost markets, particularly Chi...
Trump's tariff threat spurs auto suppliers to rethink production plansGlobal auto suppliers are preparing to move production closer to the US due to potential high tariffs by President-elect Donald Trump. This...
Panasonic's battery unit sees Q3 profit rise on stronger North America salesThird-quarter operating profit was boosted by increased sales in North America and a better balance between raw materials and selling price...
Panasonic shares surge as stake sale plan sparks restructuring hopesThe shares surged for a second session on Monday after posting their biggest one-day jump in half a year on the final day of last week on n...
Panasonic cuts battery unit's profit outlook, warns on high-end EV salesThe company's less positive outlook for its battery segment follows similar warnings by several automakers and suppliers, as major economie...
Tesla taps Biden tax credits to offset EV price cutsTesla CEO Elon Musk is ready to cut electric car prices again to drive sales if the economy swoons, and part of the reason is a bonanza fro...
Panasonic India reduces loss to Rs 53 crore in FY23Panasonic’s restructuring of the Indian business which includes merger of the Panasonic India-run consumer electronics business with the ex...
Toyota Motor to invest $5.3 billion in Japan and US for EV battery supplyThe firm aims to begin battery production between 2024 and 2026 with an investment intended to augment battery production capacity in both ...
EVs are a reality. But no one knows how it will play out, and whenMost investors have chosen the “spray and pray” approach — invest across the spectrum instead of one company (in OEMs such as Tata Motors o...
Chips & parts shortage, logistics disruptions: Car, electronics woes may continue till June quarterAs production and distribution facilities open up gradually and supplies resume, the chipset shortage will ease by the June quarter, said s...
Companies shut plants, cut output to cope with fall in demandCompanies that have announced closures include Toyota, Maruti Suzuki, Hero Moto and Honda Motorcycles and Scooter India (HMSI), while those...
Move over mobile phone: The next ad frontier is the windshield"They could be here in less than two years," Corning Chief Technology Officer Jeff Evenson said in an interview Thursday. "We're making the...
CCI approves Panasonic-GS Yuasa dealFair trade regulator CCI today approved acquisition of Panasonic's battery business by Japan's GS Yuasa Corp.
Panasonic eyes Rs 10,000 crore sales in 2016-17Panasonic is looking at sales of up to Rs 10,000 crore in 2016-17 on robust mobile handset business, which is expected to contribute around...
Minda Industries to ink 60:40 joint venture with PanasonicThe overall consumption of automotive batteries could be around 6.3 million units a year, with the OEM segment comprising 1.2-1.3 million u...
Panasonic makes India strategic hub, plans lead acid plantThe company is deciding whether to choose a location in a zone which offers tax concessions or closer to its customers, mainly automobile m...
MIDC proposes exclusive industrial zone for Japanese manufacturersJETRO, an official promotion body for trade and investment, has undertaken an initiative to boost bilateral trade and investment between In...
- Panasonic aims Rs 12,000 crore sales from consumer durables by 2015
The target is part of Panasonic India's overall plan of becoming a $5 billion (Rs 25,000 crore) entity in India by 2015, up from the curren...
- Panasonic unveils Toughbook CF-53 in India
Panasonic today entered the laptop space unveiling their latest offering Toughbook CF-53 targeted at the business to business segment.