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Tag Archives: Automotive

Toyota adding 1.2 million vehicles to fuel pump recall

In January, Toyota recalled nearly 700,000 vehicles in the U.S. for the same problems. Engine stalling can increase the risk of a crash, although the company wouldn’t say if there have been any. Toyota Motor Corp. is adding 1.2 million vehicles to a major recall in the U.S. to fix possible fuel pump failures that can cause engines to stall. ...

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Nissan to offer severance packages to older US workers

Slumping Nissan Motor Co. is offering voluntary separation packages to many of its U.S. workers as it tries to resize itself to match lower sales. The Japanese automaker wouldn’t say how many employees it is targeting to leave, how much money it expects to save, or give details of the severance offers. The offers are being made to factory and ...

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Youth a plus for Nissan’s Canton plant with high-tech transformation looming

Automotive expert says plant offers much-needed flexibility By TED CARTER The relatively young age of Nissan’s 16-year-old Canton assembly plant could help insulate it from company plans to cut global manufacturing capacity by 10 percent by spring 2022. The planned capacity reductions coincide with a collapse in operating profits halfway through Nissan’s fiscal year. Some of the blame for the ...

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Scandal-hit Nissan’s profits crash amid lower global sales

Japanese automaker Nissan reported Tuesday that its July-September profit tumbled to half of what it earned the year before as sales and brand power crumbled following the arrest of its former chairman, Carlos Ghosn. Yokohama-based Nissan Motor Co.’s fiscal second quarter profit totaled 59 billion yen ($541 million), down from 130 billion yen in 2018. Quarterly sales slipped nearly 7% ...

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Nissan names head of China business to be new CEO

Nissan has tapped the head of its China business, Makoto Uchida, as its new president and chief executive, to help lead a recovery from the leadership crisis and sinking profitability that followed the arrest of its former chairman, Carlos Ghosn, last year. Uchida is replacing Hiroto Saikawa, who resigned after acknowledging receiving dubious income. The Japanese automaker announced Uchida’s appointment ...

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Nissan odd man out in partner Renault’s FCA merger decision

Some Japanese are using an old expression to describe how Nissan was left out of talks that led to the proposed merger between its French alliance partner Renault and Fiat Chrysler Automobiles: “kaya no soto.” That translates to “outside the mosquito net,” or the unlucky person outside the net, getting bitten while others are safe inside. In other words, the ...

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Mac Haik buys Watson Quality Ford

By MBJ STAFF The Mac Haik Automotive Group has purchased Watson Quality Ford. The dealership will operate under the name of Mac Haik Ford and Robert Watson, longtime owner and operator of the dealership bearing his name, will oversee daily operations. Mac Haik Ford will join Mac Haik Chrysler Dodge Jeep Ram in Jackson, Mac Haik Chrysler Dodge Jeep Ram ...

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Ritchey breaking ground on dealerships

By JACK WEATHERLY Ritchey Automotive scheduled a ground-breaking for Thursday at 11 a.m. for a $15 million facility that will be home for two dealerships – Audi Jackson and Jaguar/Land Rover Jackson – on Interstate 55 in Ridgeland. The group announced early last year that it was relocating the franchises from 5320 I-55 in Jackson. Joe Usry, Ritchey general manager, ...

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