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...
02 Feb, 2024, 07.13 PM IST
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...
20 Nov, 2023, 04.06 PM IST
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...
30 Oct, 2023, 04.20 PM IST
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...
21 Jul, 2023, 04.57 PM IST
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...
05 Jul, 2023, 10.54 PM IST
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 ...
31 Aug, 2022, 12.52 PM IST
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...
07 Feb, 2022, 03.07 PM IST
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...
13 Dec, 2021, 07.21 AM IST
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...
30 Apr, 2021, 09.35 AM IST
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...
07 Jan, 2017, 11.51 AM IST
CCI approves Panasonic-GS Yuasa dealFair trade regulator CCI today approved acquisition of Panasonic's battery business by Japan's GS Yuasa Corp.
07 Jan, 2016, 10.04 PM IST
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...
24 Jul, 2015, 08.08 PM IST
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...
02 Oct, 2014, 06.02 AM IST
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...
08 Jul, 2014, 02.16 PM IST
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...
29 Nov, 2013, 05.39 PM IST
- 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...
26 Sep, 2012, 06.06 PM IST
- 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.
18 Oct, 2011, 10.59 PM IST