Dec 25, 2014

Toyota's China dealers demand lower sales targets to ease losses

A group representing Toyota Motor Corp. dealers in one of China’s richest provinces is demanding that the automaker increase financial support and cut its sales targets to help reduce distributor losses. More than 80 percent of the dealers in Jiangsu province for Toyota’s joint ...

Dec 24, 2014

Major carmakers cut domestic production in November

The nation’s top three carmakers on Wednesday reported weaker domestic production for November as the lingering impact of the consumption tax hike in April dented sales and their strategy to build more vehicles overseas led to reduced exports. Toyota Motor Corp., the world’s largest ...

Sales tax hike stymies domestic car sales: JAMA

Dec 22, 2014

Sales tax hike stymies domestic car sales: JAMA

by Kazuaki Nagata

Major Japanese carmakers may have benefited from the yen’s sharp decline this year, but they were also hurt by the consumption tax hike and prospects for the domestic market appear dim, Fumihiko Ike, chief of the Japan Automobile Manufacturers Association, said Monday. “2014 has ...

Dec 21, 2014

Firms agree to cooperate on next-generation assisted driving systems

Japanese automakers, electronics firms and others have reached a basic agreement to unify standards for next-generation assisted driving systems, informed sources told Jiji Press on Sunday. The standards will seek to use the 760 megahertz band, a frequency spectrum left unused since television broadcasting ...

Dec 5, 2014

Toyota says automakers agree to hire outside air bag tester

Toyota Motor Corp., which is among several automakers recalling vehicles with faulty air bags made by Takata Corp., said other carmakers are embracing its call for an independent evaluation of inflators in the safety systems. Toyota suggested this week that the companies affected by ...

Nov 27, 2014

Toyota looking to boost pool of female engineers

Toyota Motor Corp. said Wednesday that it will set up a foundation with its nine group companies soon, possibly in late December, with an eye to increasing the number of female engineers in the manufacturing industry. The program will take aim at high school ...

Toyota's Mirai FCV to go on sale Dec. 15

Nov 18, 2014

Toyota's Mirai FCV to go on sale Dec. 15

by Kazuaki Nagata

Toyota Motor Corp. announced Tuesday it will start selling the world’s first commercial fuel-cell vehicle in Japan on Dec. 15. The new fuel-cell sedan, named the Mirai, which means future in Japanese, will run ¥7.23 million including consumption tax, but that price will be ...