Honda President and CEO Takahiro Hachigo, like his predecessors, isn’t a fan of big alliances that involve equity stakes.
The chicken processor aims to reduce labor intensity on the production line and address challenge of tight labor markets.
The deepening ties between Toyota and Mazda also are driven in part by the enormous costs automakers are facing to develop connected, self-driving and battery-powered vehicles.
Terra E Holding GmbH will choose one of five candidate sites in Germany or a neighboring country next month to build its 34 gigawatt-hour battery factory.
Installation of fabrication equipment to produce so-called 3D NAND flash will begin in December 2017.
Toyota is developing many powertrains for the future, including a fuel-cell system for heavy-duty commercial trucks, but remains bullish on its latest internal-combustion engines.
Toyota's Akio Toyoda opened an account on China's micro-blogging service Weibo.
The big Ferrari would be targeted at Asian customers, particularly in China.
“The spinoff story is not over at Fiat Chrysler,” Marchionne told analysts Thursday.