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☆ Mazda CEO Masahiro Moro on EV-hybrid strategy: Freedom of choice is important
▼ + stars: | 2024-04-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMazda CEO Masahiro Moro on EV-hybrid strategy: Freedom of choice is importantMasahiro Moro, Mazda Motor Corporation chairman and CEO, joins 'Squawk Box' to discuss the impact of the Baltimore port closure in the wake of the bridge collapse, the challenges facing the auto industry at large, the company's global sales, EV adoption outlook, supply chain challenges, and more.

Persons: Masahiro Moro Organizations: Mazda, Mazda Motor Corporation Locations: Baltimore

It’s a message ringing clear at the Tokyo Mobility Show, which will run through Nov. 5 at Tokyo Big Sight hall and where battery-powered electric vehicles are the star at practically every booth. Toyota Motor Corp.’s lean angular Lexus concept, set to go on sale in 2026, is an electric vehicle running on lithium-ion batteries. That is partly because of Toyota’s past success in hybrids, exemplified in the Prius, which have a gasoline engine in addition to an electric motor. In China, a third of vehicles sold are EVs. Nissan, an early EV maker among the Japanese with its Leaf going on sale in 2010, is showcasing four EV concept cars.

Persons: —, ” Takero Kato, China's BYD, Kato, Tesla, EVs, Joe Biden, BYD, ” Kato, Joshua Cobb, ”, Cobb, Alfonoso Albaisa, ” Albaisa, De Souza, “, John de Souza, ___ Yuri Kageyama Organizations: TOKYO, Toyota, Tokyo Mobility, Mazda Motor Corp, Honda Motor, Toyota Motor Corp, Journalists, General Motors Co, Ford Motor Co, Benz, Subaru, Lexus, International Energy Agency, BMI, SAIC, GM, EV, Nissan, “, Manufacturers, Mitsubishi Fuso, Daimler, Mitsubishi Locations: Tokyo, Japan, U.S, China, San Francisco

☆ Japan braces for Typhoon Khanun's winds and heavy rainfall
▼ + stars: | 2023-08-08 | by ( ) www.reuters.com time to read: +2 min

City skyline and harbour are seen at sunrise in Tokyo, Japan July 24, 2021. REUTERS/Maxim Shemetov/File PhotoTOKYO, Aug 7 (Reuters) - A swath of Japanese regions, including central areas, are bracing for Typhoon Khanun to approach near southwestern Japan on Tuesday, as the country's meteorological agency warns of damage from strong winds and heavy rainfall. The storm was hovering about 160 kilometres (99 miles) east-northeast of the city of Amami in southwestern Japan and moving slowly north as of 9 a.m. local time (0000 GMT), the Japan Meteorological Agency (JMA) said. Khanun has gradually lost its strength but still packs winds of 108 kph (67 mph), with gusts of up to 144 kph. "Due to the slow movement of the typhoon and its prolonged impact, total rainfall may greatly exceed the normal monthly rainfall for August in the Pacific Ocean side of Kyushu and western Japan, and in the Tokai region," the JMA said.

Persons: Maxim, Khanun, Satoshi Sugiyama, Gerry Doyle Organizations: REUTERS, Japan Meteorological Agency, JMA, Mazda Motor Corp, West Japan Railway Co, Thomson Locations: Tokyo, Japan, Amami, Japan's Nagasaki, Khanun, South Korea, Shikoku, Kyushu, Western Japan, Tokai, Hakata, Osaka, Nagasaki

☆ Japanese city of Hiroshima rose from the ashes and now it welcomes millions
▼ + stars: | 2023-05-21 | by ( Emiko Jozuka | ) edition.cnn.com time to read: +7 min

Within the bomb’s hypocenter, only the half-exploded Genbaku Dome – formerly the Hiroshima Prefectural Industrial Promotion Hall – was left standing as the bombing razed Hiroshima city to the ground. A man relaxes alongside the river on a bench overlooking the Genbaku Dome. ET), Hiroshima city lost roughly 40% of its population, which numbered around 300,000 people at the time. Full-scale reconstruction only began in August 1949 after the Hiroshima Peace Memorial City Construction Law was promulgated, allowing the national government to extend special financial support to Hiroshima. “It’s impressive how Japanese people rebuilt the city from scratch again – building a beautiful city full of green spaces.

While other automakers like Volkswagen AG (VOWG_p.DE) have also been caught out by the sharp shift in China, Japanese automakers stand out because of their limited showing in the fast-growing category of electric and plug-in hybrid sales. Mitsubishi, like some other Japanese automakers, does not break out China sales figures. Industry data analysed by Reuters showed its first-quarter sales in China fell by 58% from a year earlier. Nissan Motor Co Ltd (7201.T) posted a 45.8% drop in China sales and Mazda Motor Corp (7261.T) sales were down 66.5% in the first quarter. "Japanese automakers could face a similar struggle in the United States as in China," he said.

☆ Mazda to appoint former North America head Moro as next CEO
▼ + stars: | 2023-03-17 | by ( Daniel Leussink | ) www.reuters.com time to read: +2 min

[1/2] Masahiro Moro, President and CEO of Mazda North America, speaks at the Los Angeles Auto Show in Los Angeles, California U.S. November 29, 2017. Moro, 62, currently a director and senior managing executive officer, had previously served as the head of the automaker's North America operations. Current President and CEO Akira Marumoto, who took up his role in 2018, will step down from his posts at that time, Mazda added. Mazda also nominated Jeff Guyton, 56, senior managing executive officer and its current North America head, as chief financial officer and assistant to the president pending the June approval of the shareholders and board. ($1 = 132.9600 yen)Reporting by Daniel Leussink; Editing by Kim Coghill and Jamie FreedOur Standards: The Thomson Reuters Trust Principles.

☆ Mazda to nominate former North America head as next CEO
▼ + stars: | 2023-03-17 | by ( ) www.reuters.com time to read: +1 min

TOKYO, March 17 (Reuters) - Mazda Motor Corp (7261.T) will appoint Masahiro Moro, director and senior managing executive officer, as its new president and CEO, the Japanese automaker said on Friday. The 62-year-old, a 40-year company veteran who previously served as the head of the automaker's North America operations, will officially take over pending the approval of the shareholders and board in June. Current President and CEO Akira Marumoto, who took up his role in 2018, will step down from his posts at that time, the company said. Marumoto would continue to serve as an adviser, the Nikkei newspaper reported separately on Friday. Mazda said incumbent representative director and chairman of the board Kiyotaka Shobuda would remain in his post.

☆ Factbox: As Tesla prepares a Mexico plant, a look at auto plants in Mexico
▼ + stars: | 2023-03-01 | by ( ) www.reuters.com time to read: +3 min

[1/2] A general view shows the General Motors assembly plant in Ramos Arizpe, in Coahuila state, Mexico February 11, 2021. REUTERS/Daniel BecerrilFeb 28 (Reuters) - Mexico has long been a manufacturing hub in North America for multiple automakers, and the country is trying to position itself for the wave of electric vehicles (EVs) to come. The auto sector is a driver of Mexico's major manufacturing industry, which is heavily integrated into U.S. and Canadian supply chains. Mexican officials on Tuesday said Tesla Inc (TSLA.O) is the latest automaker with plans to build a plant in Mexico. Here are major automakers with plants in Mexico -General Motors Co (GM.N)Silao Plant in the central city in Guanajuato state, produces Chevrolet and GMC full-size pickup trucksRamos Arizpe Plant in the northern city in Coahuila state, builds the Chevrolet Equinox and Blazer SUVs now and will build the 2024 Blazer EV and Equinox EVSan Luis Potosi Plant in the state capital of the central state of San Luis Potosi, produces the Chevrolet Equinox and GMC TerrainFord Motor Co (F.N)Cuautitlan Assembly plant in the central city of Cuautitlan Izcalli, produces Ford Mustang Mach-EHermosillo Assembly Plant in the state capital of the northern state of Sonora, produces Ford Bronco Sport and Ford MaverickToyota Motor Corp (7203.T)Toyota Motor Manufacturing de Baja California in the northern border city of Tijuana, Baja California, produces the Toyota Tacoma pickupToyota Motor Manufacturing de Guanajuato in Apaseo el Grande, Guanajuato, produces the Toyota TacomaStellantis (STLAM.MI)Saltillo Truck Assembly Plant in the state capital of Coahuila, produces Ram light and heavy-duty pickupsSaltillo Van Assembly Plant, makes the Ram ProMaster vanToluca Assembly Plant, produces the Jeep CompassNissan Motor Co (7201.T)Nissan Mexicana (Cuernavaca) in the central city of Jiutepec, produces NP300 pickup truckNissan Mexicana (Aguascalientes 1 Plant) in the central city of Aguascalientes, produces March, Versa, KicksNissan Mexicana (Aguascalientes 2 Plant), produces SentraNissan also has a joint venture plant with Mercedes (MBGn.DE) in Aguascalientes, making the Infinti QX 50 and 55 SUVs, and Mercedes GLB SUVHonda Motor Co (7267.T)Honda de Mexico (HDM) in Celaya, Guanajuato, produces HR-VVolkswagen (VOWG_p.DE)Volkswagen de México in Sanctorum, Puebla, produces Jetta, Tiguan, TaosVW's Audi unit in San José Chiapa, Puebla, produces Audi Q5 premium SUV and plans to start manufacturing EVs by 2027Mazda Motor Corp (7261.T)Mazda de Mexico Vehicle Operation (MMVO) in Salamanca, Guanajuato, produces Mazda2, Mazda3, Mazda CX-30Kia AmericaHyundai Motor Co's (005380.KS) Kia has a plant in Pesqueria, Nuevo Leon, produces Kia Forte, RioBMW AGBMW Plant in San Luis Potosi, produces BMW 3 Series, 2 Series and will produce fully electric "Neue Klasse" modelsSOURCES: Carmakers and Auto Forecast SolutionsCompiled by Kannaki Deka in Bengaluru; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

☆ Japan's Suzuki to invest $35 bln through 2030 in EVs
▼ + stars: | 2023-01-26 | by ( Satoshi Sugiyama | ) www.reuters.com time to read: +2 min

Suzuki's announcement comes after other Japanese automakers have rolled out similar goals to catch up with European and U.S. rivals in the fast-growing battery EV market. Suzuki said it would introduce its first battery EVs, including small sport-utility vehicles and micro "kei" cars, in Japan in fiscal 2023. Suzuki plans to introduce battery EVs in Europe and India, and its first battery electric motorcycles globally, the following year. Suzuki plans to learn from Toyota how to use EV technology to make small electric cars, Suzuki said during a visit to India this month. "We will put in vehicles for various price ranges, for various people, for various regions," Toshihiro Suzuki said.

☆ Mazda sees no impact on Japan vehicle production from current China lockdowns
▼ + stars: | 2022-11-30 | by ( ) www.reuters.com time to read: +1 min

TOKYO, Nov 30 (Reuters) - Mazda Motor Corp (7261.T) does not expect to have problems maintaining production in Japan for the time being despite COVID lockdowns in China as the automaker has sufficient inventories of parts, a company executive said on Wednesday. A draconian two-month lockdown in Shanghai earlier this year forced the Hiroshima-based automaker to suspend production for 11 days at its two domestic plants due to a lack of parts. "One of the measures that we are taking now to reduce the risk is to bring the inventory to Japan," said Takeshi Mukai, senior managing executive officer. The automaker wants to ensure it can withstand one month of COVID restrictions in China and another subsequent month of after-effects, he added. Mazda said in August it would ask its parts suppliers to increase stockpiles in Japan and produce components outside China as part of efforts to strengthen its supply chain.

☆ Mazda unveils $11 bln EV spending plan, considers investing in battery production
▼ + stars: | 2022-11-22 | by ( ) www.reuters.com time to read: +2 min

TOKYO, Nov 22 (Reuters) - Japan's Mazda Motor Corp (7261.T) on Tuesday unveiled a $10.6 billion spending plan to electrify its vehicles and said it was also considering investing in battery production. "We will promote the full-fledged launch of battery EVs and consider investing in battery production. We estimate Mazda's EV ratio in global sales to rise to a range between 25% and 40% as of 2030," Mazda said in a statement. Its previous EV sales target was 25% by 2030. Mazda CEO Akira Marumoto also told reporters the company had reached a supply agreement with battery maker Envision AESC for its EVs produced in Japan.

☆ Mazda to invest $11 billion to electrify its vehicles
▼ + stars: | 2022-11-22 | by ( ) www.reuters.com time to read: +2 min

Nov 22 (Reuters) - Japan's Mazda Motor Corp (7261.T) will invest about 1.5 trillion yen ($10.58 billion)to electrify its vehicles, including boosting production of battery EVs, and aims to increase their share in the company's overall global car sales by 2030. The ratio of electric vehicles (EVs) in global sales is expected to rise to between 25 percent and 40 percent as of 2030, from 25% previously, the company said in a statement. Automakers worldwide are spending billions of dollars to ramp up battery and EV production in the face of tougher environmental regulations. In August, Toyota Motor Corp (7203.T) said it would invest up to 730 billion yen in Japan and the United States to make batteries for fully electric vehicles as opposed to hybrid gasoline-electric cars like the Prius. Shoichi Matsumoto, Envision AESC chief executive, told Reuters last month it was in talks with automakers in Japan, Europe, the United States and China for new supply deals.

☆ Mazda to invest $11 bln by 2030 to procure EV batteries - Nikkei
▼ + stars: | 2022-11-22 | by ( ) www.reuters.com time to read: +1 min

Nov 22 (Reuters) - Japan's Mazda Motor Corp (7261.T) plans to invest 1.5 trillion yen ($10.6 billion) by 2030 to procure electric vehicle (EV) batteries and cooperate with battery supplier Envision AESC, the Nikkei business daily reported on Tuesday. The Hiroshima-based automaker will secure batteries and seek to increase production of fully electric vehicles at factories in Japan through the partnership with Envision AESC, the newspaper reported. Both Mazda and Envision AESC declined to comment. Mazda is set to hold a news conference at 0530 GMT on Tuesday to talk about it medium-term business plan. Shoichi Matsumoto, Envision AESC chief executive, told Reuters last month it was in talks with automakers in Japan, Europe, the United States and China for new supply deals.

☆ Sollers in talks to buy Mazda out of Russian joint venture
▼ + stars: | 2022-09-26 | by ( ) www.reuters.com time to read: +2 min

Register now for FREE unlimited access to Reuters.com RegisterEmployees work on the production line of the CX-5 model car at the Mazda Sollers Manufacturing Rus joint venture plant of Sollers and Japanese Mazda in Vladivostok, Russia September 10, 2018. Valery Sharifulin/TASS Host Photo Agency/Pool via REUTERS/File PhotoSummarySummary Companies This content was produced in Russia where the law restricts coverage of Russian military operations in UkraineMOSCOW, Sept 26 (Reuters) - Russian automaker Sollers (SVAV.MM) is in talks with Mazda Motor Corp (7261.T) about buying the Japanese company's stake in their Russian joint venture, Sollers said on Monday, as Mazda prepares to wind down operations in Russia. The Nikkei newspaper on Saturday first reported the talks with Sollers. Sollers said it was in talks with Mazda over stopping car production in Vladivostok and on buying out Mazda's stake in the venture. A Mazda spokesperson said the company was discussing ending vehicle production in Vladivostok, without giving details.

☆ Mazda discussing ending production in Russia - Nikkei
▼ + stars: | 2022-09-24 | by ( ) www.reuters.com time to read: +1 min

Register now for FREE unlimited access to Reuters.com RegisterA Mazda logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Pierre AlbouyTOKYO, Sept 24 (Reuters) - Japan's Mazda Motor Corp (7261.T) is discussing ending production of its vehicles at a joint venture plant in Vladivostok, eastern Russia, the Nikkei newspaper reported on Saturday. Mazda has not made a decision about ending car sales and maintenance operations in Russia, the newspaper said. Register now for FREE unlimited access to Reuters.com RegisterA Mazda spokesperson was not immediately available for comment. Register now for FREE unlimited access to Reuters.com RegisterReporting by Satoshi Sugiyama; editing by Clelia OzielOur Standards: The Thomson Reuters Trust Principles.

☆ Ford va rechema la service trei milioane de vehicule din cauza airbag-urilor defecte
▼ + stars: | 2021-01-20 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: 1 min

NHTSA a respins încercarea celui de-al doilea producător auto american de a evita rechemarea la service. Ford are acum la dispoziţie 30 de zile pentru a prezenta măsuri de notificare a proprietarilor maşinilor afectate şi pentru a rezolva problemele, a precizat Administraţia americană pentru siguranţa traficului.O rechemare la service de asemenea magnitudine va fi probabil costisitoare pentru Ford, apreciază analiştii.În plus, Administraţia americană pentru siguranţa traficului a cerut rechemarea la service a aproximativ 5.800 de maşini de la Mazda Motor Corp din anii 2006 - 2012, respingând de asemenea încercarea producătorului auto nipon de a evita repararea vehiculelor.

Persons: NHTSA Organizations: Ford Locations: american, americană

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