Nippon Metal sues Japan enterprise accomplice Toyota over patent

Nippon Metal sues Japan enterprise accomplice Toyota over patent

[ad_1] Nippon Steel Corp. is suing Toyota Motor Corp. over a patent for a know-how utilized in electrical motors in a uncommon case of authorized wrangling between Japan‘s high steelmaker and high automaker over intellectual property. Tokyo-based Nippon Metal filed the lawsuit Thursday in Tokyo District Court docket, demanding compensation for damages totaling 20 billion … Read more

Toyota cuts international automobile manufacturing plan for November by 15%

Toyota cuts international automobile manufacturing plan for November by 15%

[ad_1] Toyota Motor Corp on Friday minimize its deliberate international output for November by as a lot as 15% as a consequence of ongoing chip shortages, however indicated it will ramp up manufacturing from December by sticking to its newest full-year manufacturing goal. Japan’s main carmaker mentioned in a press launch it will produce between … Read more