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Japan car makers shuffle output, boost imports to meet U.S. SUV demand

November 11, 2016 by · Leave a Comment 

By Naomi Tajitsu and Maki Shiraki TOKYO/MARYSVILLE (Reuters) – Japan's top automakers are shuffling their U.S. product portfolios and resorting to larger imports of popular models there as they scramble to meet booming demand for gas-guzzling SUVs and trucks in the world's No. 2 auto market. Honda Motor Co , Japan's third-largest automaker, said it will begin producing from early …

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Japan car makers shuffle output, boost imports to meet U.S. SUV demand

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Sumner Redstone moves to oust five Viacom directors including CEO from board

June 17, 2016 by · Leave a Comment 

By Jessica Toonkel and Dan Levine NEW YORK/SAN FRANCISCO (Reuters) – Sumner Redstone removed five of Viacom Inc's directors, including Chief Executive Philippe Dauman, from the board of the media company he controls on Thursday, a big step toward a potential management shake-up of the almost $20 billion…

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Sumner Redstone moves to oust five Viacom directors including CEO from board

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Mitsubishi plans $600 million compensation for four models over mileage cheating

June 17, 2016 by · Leave a Comment 

Japan's Mitsubishi Motors Corp said it plans to give owners of four minivehicles close to $1,000 in compensation for its overstating of mileage readings, part of reimbursement costs that will total at least $600 million. The mileage scandal, which the company has blamed on pressure to deliver competitive readings and poor supervision of testing processes, has led to plans for Nissan Motor Co to take a one-third controlling stake in …

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Mitsubishi plans $600 million compensation for four models over mileage cheating

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Mitsubishi Motors brings in new R&D chief, restates results after scandal

May 25, 2016 by · Leave a Comment 

Mitsubishi Motors Corp said a Nissan Motor Co executive would become its head of research and development, part of a management overhaul in the wake of a mileage cheating scandal that also prompted it to restate earnings. Nissan is preparing to take a controlling one…

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Mitsubishi Motors brings in new R&D chief, restates results after scandal