Denso mulls withdrawing acquisition supply for chipmaker Rohm

Nagoya – Main Japanese auto elements provider Denso is contemplating withdrawing its acquisition proposal for main Japanese chipmaker Rohm, knowledgeable sources have stated. Denso, a part of the Toyota Motor…

Elliott raises Toyota Industries stake in push to dam buyout

Elliott Funding Administration has elevated its stake in Toyota Industries once more because the activist investor ramps up efforts to dam the Toyota group’s bid to take the corporate non-public.…

Mahindra & Mahindra Cuts Costs Up To Rs 1.56 lakh, Toyota Up To Rs 3.49 Lakh

New Delhi: Becoming a member of different automakers in lowering costs, Mahindra & Mahindra Ltd (M&M) on Saturday introduced to completely move on the GST 2.0 advantages to prospects throughout…

Japanese auto unions submit wage hike demands

Labor unions at major Japanese automakers on Wednesday submitted their wage hike requests to the management side for this year’s shuntō spring labor-management talks. While the focus is on whether…