Japan Sept. output logs 1st rise in 3 months as auto sector recovers - The Mainichi
mainichi.jp/english/articles/20231031/p2g/00m/0na/014000c
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Japan's Sept factory output rises less than expected: Japan's factory output rose much less than expected in September, government data showed on Tuesday ...
reuters.com/markets/asia/japans-sept-factory-output-rises-less-than-expected-2023-10-31/
The Korea Times Oct 31 23
Industrial output, retail sales, investment all rise in September: data : Korea's industrial output rose for the second consecutive month in September on the ...
koreatimes.co.kr/www/biz/2023/10/488_362208.html
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Japan's 2023 industrial output falls 1.1%, down for 2nd year - The Mainichi: TOKYO (Kyodo) -- Japan's industrial output in 2023 fell 1.1 percent from the ...
mainichi.jp/english/articles/20240131/p2g/00m/0bu/013000c
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Key FactsToyota's Profit Soars on High Demand and Weak Yen
Oct 31, 2023 · Reading time: ~30 sec.
Summary created with AI assistance · Source: reuters.com
Summary created with AI assistance · Source: reuters.com
- Toyota reports nearly 7% increase in sales compared to last year.
- Demand in the US will continue to rise as competitors are weakened by a recent strike.
- Toyota is expected to raise its profit forecast for the fiscal year.
- Weak economic conditions may pose challenges to car sales.
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Key FactsToyota invests $8 billion in US battery plant to accelerate EV production
Oct 31, 2023 · Reading time: ~30 sec.
Summary created with AI assistance · Source: reuters.com
Summary created with AI assistance · Source: reuters.com
- Toyota to increase investment by $8 billion and create 3,000 jobs at its North Carolina EV battery plant.
- The company plans to offer electrified options for all models by 2025.
- The total investment in the plant will be approximately $13.9 billion, creating over 5,000 jobs.
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Oct 24, 2023 · Reading time: ~30 sec.
Summary created with AI assistance · Source: reuters.com
Summary created with AI assistance · Source: reuters.com
- Mitsubishi will end production of its cars in China and transfer its stake in the joint venture to its Chinese partner.
- Mitsubishi will invest 200 million euros in Renault's new electric vehicle unit to strengthen its presence in Europe and other markets.
- The joint venture between Mitsubishi, Guangzhou Automobile Group, and Mitsubishi Corp was established in China in 2012.
- Mitsubishi will record a special loss of 24.3 billion yen for restructuring in China in the current financial year.
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Key FactsJapan halts profitable used-car trade with Russia
Oct 2, 2023 · Reading time: ~30 sec.
Summary created with AI assistance · Source: reuters.com
Summary created with AI assistance · Source: reuters.com
- Japan's ban on used-car exports to Russia has put an end to a trade worth nearly $2 billion annually.
- The ban primarily affects the trade of used Toyotas, Hondas, and Nissans.
- Russia was purchasing over a quarter of Japan's used-car exports at an average price of almost $8,200.
- More than half of the used cars imported by Russia in the first eight months of the year came from Japan.
Paul Tan's Automotive News Sep 07 23
Toyota production in Japan was suspended due to lack of disk space that caused system malfunction
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Sep 6, 2023 · Reading time: ~30 sec.
Summary created with AI assistance · Source: asia.nikkei.com
Summary created with AI assistance · Source: asia.nikkei.com
- Plants resumed operations after data was transferred to a larger server.
- Toyota states that the problem occurred following routine maintenance on the servers and that maintenance procedures will be reviewed.
- The system halt was caused by an error due to insufficient disk space on some servers and was not the result of a cyberattack.
- Two Reuters sources revealed that the malfunction happened during an update of the automaker's parts ordering system.
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Japan's June industrial output rises 2.0% on month - The Mainichi: TOKYO (Kyodo) -- Japan's industrial output in June expanded 2.0 percent from the previous ...
mainichi.jp/english/articles/20230731/p2g/00m/0bu/006000c
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