Tag - carmakers

 
 

CARMAKERS

As U.S. tariffs caused global uncertainty, Japanese carmakers in particular have been losing momentum as the industry faced pressure from levies.
BUSINESS / Markets
Jul 24, 2025
Firms in Japan likely to log lower profits amid tariff and political uncertainty
While tariffs caused global uncertainty, Japanese carmakers in particular have been losing momentum as the industry faced pressure from the levies.
U.S. Treasury Secretary Scott Bessent and Ryosei Akazawa, Japan chief tariff negotiator, in Tokyo
BUSINESS / Economy / ANALYSIS
Jul 23, 2025
Japan and U.S. both claim win in surprise 11th-hour tariff deal
The "reciprocal" rate is set at 15%, while the rate on autos is 12.5%
Car dealerships in Tokyo. Some of Japan's automakers are raising loan rates amid higher costs for servicing loans.
BUSINESS / Companies
Jul 23, 2025
Japan carmakers put squeeze on households with higher loan rates
More than a year after the Bank of Japan’s first interest rate increase in 17 years, the volatile march higher in superlong bonds is raising the cost of servicing loans.
U.S. President Donald Trump announced a trade deal with Japan on Tuesday, saying the agreement would create "hundreds of thousands of jobs."
BUSINESS / Economy
Jul 23, 2025
Japan and U.S. reach tariff deal with ‘reciprocal’ rate at 15%
The U.S. president did not mention sector-specific tariffs currently in place, but NHK reported the overall tariff rate on autos will be 15%.
A salesperson livestreams inside a BYD showroom in Shanghai on June 22.
BUSINESS / Companies
Jul 21, 2025
Life atop China’s car market is starting to look shaky for BYD
BYD’s monthly sales have stagnated of late and with the summer months being a traditionally slower time, that trajectory isn’t expected to reverse any time soon.
Mazda employees walk at the company's main plant in the town of Fuchu, Hiroshima Prefecture, on Tuesday.
BUSINESS / Companies
Jul 18, 2025
Japan voters see little hope for tariff reprieve in carmaker Mazda's hometown
The economic engine of Hiroshima Prefecture faces U.S. tariffs of 25% on cars, a dispiriting prospect for an electorate already battling inflation.
Nidec CEO Mitsuya Kishida with lion dance performers during the opening ceremony of the company’s Qingdao Industrial Park on July 9
BUSINESS / Companies
Jul 16, 2025
Nidec builds made-in-China EV motor to help Toyota catch rivals
About 99% of the materials and parts in the new E-axle motor are from China, said Nidec president Mitsuya Kishida.
The Nissan Motor Oppama Plant in Yokosuka. The company will wind down production at the plant and transfer assembly of vehicles to a factory in Kyushu.
BUSINESS / Companies
Jul 15, 2025
Nissan to close Oppama plant as part of wider restructuring push
Oppama, which has been in operation since 1961 and employs roughly 2,400 workers, will cease production by March 2028.
Copper rods are wound at a workshop that recycles the metal in Anqing, China, on Friday.
BUSINESS / Economy / ANALYSIS
Jul 12, 2025
Trump's copper tariffs pile more metal misery on U.S. auto industry
The duties on their own may be manageable, but prices of the red metal vital for making cars have soared to record highs.
U.S. President Donald Trump delivers remarks on tariffs in the Rose Garden of the White House in Washington in April.
BUSINESS / Economy
Jul 12, 2025
A U.S.-EU trade deal hinges on cars, agriculture and Trump
Cars and tariff levels on agriculture have emerged as key sticking points between the European Union and the U.S., sources have said.
Nissan Motor and Honda Motor are planning for Nissan to manufacture pickup trucks, which are popular in the United States, and for Honda to sell them under its own brand, sources have said.
BUSINESS / Companies
Jul 12, 2025
Nissan eyes supplying vehicles to Honda in U.S.
The move would be aimed at improving profitability and plant utilization for a turnaround, while helping mitigate the impact of U.S. tariffs.
Nissan Motor has raised $4.5 billion through a junk bond sale in U.S. dollars and euros, part of which carries a record-high coupon rate.
BUSINESS / Companies
Jul 11, 2025
Nissan clinches $4.5 billion bond deal after orders soar
The automaker is offering a record-high coupon on at least one part of its dollar- and euro-denominated junk bond sale to drum up demand.
In June, the export price index for vehicles shipped to North America plunged 19.4% from a year earlier on a contract currency basis.
BUSINESS / Companies
Jul 10, 2025
Japanese carmakers slash export prices to U.S. to offset tariff hit
The move raises concerns over companies’ profitability and whether they can continue to keep raising wages at home.
Lei Jun introduces the Xiaomi YU7 sport utility vehicle during a launch event in Beijing on June 26.
BUSINESS / Tech
Jul 7, 2025
Xiaomi founder’s bold EV bet is paying off where Apple’s failed
The tech firm's success in the EV space has burnished founder Lei Jun’s reputation, making it one of the most valuable companies in China.
Nissan plans to sell convertible bonds and use the proceeds to invest in new products and technologies such as electrification and software-defined vehicles.
BUSINESS / Companies
Jul 7, 2025
Nissan to sell ¥150 billion of convertible bonds to fund turnaround
Proceeds of the sale will be used to invest in new products and technologies such as electrification and software-defined vehicles.
The Maruti Suzuki India e-Vitara during the Bharat Mobility Global Expo in New Delhi in January
BUSINESS / Companies
Jul 4, 2025
Suzuki is becoming a top Japan importer with made-in-India cars
Suzuki beat out Mercedes-Benz to become Japan’s top car importer in June, thanks to the Jimny Nomad and another popular small SUV assembled in India.
Toyota only lifted prices on some models by a few hundred dollars in the U.S. market in the wake of U.S. President Donald Trump’s tariffs.
BUSINESS / Companies
Jul 3, 2025
Japan’s carmakers absorbing tariffs may bolster Trump's position
Just three of Japan’s six major automakers have raised prices in the U.S., and only Subaru’s hike has come close to the 25% tariff imposed on imported vehicles.
A 2024 Toyota Grand Highlander at the Chicago Auto Show in 2023. Last month, Toyota sold 11,577 Grand Highlander SUVs, which its head of brand sales in the U.S. said was the "fastest-turning product in the lineup.”
BUSINESS / Companies
Jul 2, 2025
Toyota delays EV plans to boost gas-fueled SUV output
The postponement comes amid softening demand for EVs in the U.S.
The Bank of Japan's latest <i>tankan</i> survey beat consensus forecasts as the economy held up better than expected.
BUSINESS / Economy
Jul 1, 2025
Large Japanese companies surprisingly optimistic as U.S. tariffs bite 
In the tankan survey, automakers and smaller companies were relatively pessimistic.
Nissan will begin talks this week to seek job cuts at its Sunderland plant in Britain.
BUSINESS
Jun 30, 2025
Nissan says it will seek voluntary job cuts at U.K. plant
Nissan said the move was aimed at increasing the efficiency of the Sunderland plant in northeastern England to make it a "leaner, more flexible" operation.

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