U.S. urges Japan to open its agriculture and auto markets further

Business Apr 1, 2020

U.S. urges Japan to open its agriculture and auto markets further

The United States urged Japan on Tuesday to open its agricultural and automotive markets further to narrow the trade imbalance between the two countries. "The United States continues to engage closely with the Japanese government to urge removal of a broad range of barriers to ...

World Mar 31, 2020

New Trump mileage standards to gut Obama climate effort

U.S. President Donald Trump is poised to roll back ambitious Obama-era vehicle mileage standards and raise the ceiling on damaging fossil fuel emissions for years to come, gutting one of the United States' biggest efforts against climate change. The Trump administration is expected to release ...

Japanese car production in China down 86% in February

Business / Corporate Mar 31, 2020

Japanese car production in China down 86% in February

Output by major Japanese carmakers in China plunged 86.7 percent in February from a year earlier to 29,911 units due to the coronavirus outbreak, according to data released by the companies. The automakers temporarily closed plants in China due to the spread of the virus ...

Business Mar 28, 2020

GM will pay $120 million over faulty ignition switches

General Motors Co. has agreed to a $120 million settlement over faulty ignition switches that allegedly caused cars to stall and air bags to deploy, in some cases triggering fatal accidents. The deal, which must be approved by a judge, would resolve hundreds of lawsuits ...