On Wednesday, Subaru Corp raised its operating profit outlook by more than $1.05 billion following a more than expected rebounce in U.S. vehicle sale. Like its peers, Subaru, had to shutter its U.S. plants earlier this year because of the… Read More ›
Subaru had suspended operations at the plant following a suspected defect in a power steering component. On Monday, Subaru Corp disclosed, it has restarted its only car factory in Japan. The resumption of work at the plant comes in the… Read More ›
The disclosure by the Japanese government could potentially lead to lawsuits in the U.S., like it did for Germany’s Volkswagen AG. On Thursday, in the latest case of data falsification, the Japanese government disclosed, Yamaha Motor Co, Mazda Motor Corp,… Read More ›
Airbus has yet to find any suppliers in its global supply chain who’s affected by the Kobe Steel scandal. As per a spokesman from Airbus, although the company does not source its products directly from Japan’s Kobe Steel, nevertheless, it… Read More ›
Boeing, the world’s biggest maker of passenger jets, is investigating how the false certification will impact its aircrafts. As for aluminum composites, although Boeing does not source them directly from Kobe Steels, its key Japanese suppliers, including Mitsubishi Heavy Industries,… Read More ›
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