By Yuri Kageyama Associated Press TOKYO (AP) – Honda appointed a woman to its board for the first time and gave a major promotion to a foreigner in signs the automaker wants to change perceptions of a hidebound corporate culture.
As Japan shutdowns drag on, auto crisis worsens
TOKYO (AP) — The auto industry disruptions triggered by Japan’s earthquake and tsunami will worsen in the coming weeks.
Energy Dept. to lend $8B to Ford, Nissan, and Tesla
DEARBORN, Mich. (AP) — The Energy Department said on Tuesday, June 23, that it would lend $5.9 billion to Ford Motor Co. and provide about $2.1 billion in loans to Nissan Motor Co. and Tesla Motors Inc., making the three automakers the first beneficiaries of a $25 billion fund to develop fuel-efficient vehicles.