Tag - carmakers

 
 

CARMAKERS

A man looks at an electric car inside an SAIC-GM Wuling dealership in Jakarta. Electric vehicle sales in Indonesia totaled just 43,188 last year.
BUSINESS / Tech
Mar 4, 2025
China’s EV makers are facing a reality check in Southeast Asia
Despite local aspirations to own EVs, they are still beyond the reach of many, and access to a reliable source of electricity is also not always a given.
A worker assembles electronic car keys at a manufacturing plant in Jalisco State, Mexico, on Feb. 20. The production of key fobs is an example of the benefits of the USMCA free trade agreement, which has simplified manufacturing and supply chains.
BUSINESS / Markets
Mar 3, 2025
The risks of Trump tariffs encapsulated in a car key
Electronic car keys are assembled in Mexico, but can cross borders in North America several times before being finished.
Global sales, including that of subsidiaries Daihatsu Motor and Hino Motors, rose 2% from a year ago to 846,744 units, a record for the month of January, Toyota Motor said Thursday.
BUSINESS / Companies
Feb 27, 2025
Toyota’s domestic sales rebound as it recovers from scandals
Despite unease in major markets and a dip in quarterly profit, Toyota raised its annual profit guidance for the fiscal year ending in March.
Nissan CEO Makoto Uchida concludes a news conference at the company's headquarters in Yokohama in February.
BUSINESS / Companies
Feb 27, 2025
Nissan management shake-up plans reported as sharks circle  
Nissan is considering a change in leadership following poor results and the failure of a proposed merger with Honda, according to a report citing unnamed sources.
Masanori Katayama (center), chairman of the Japan Automobile Manufacturers' Association, speaks during a meeting with trade and industry minister Yoji Muto at the ministry on Tuesday.
BUSINESS / Companies
Feb 26, 2025
Japanese auto industry seeks government help against U.S. tariffs
U.S. President Donald Trump said last week he wants to impose 25% tariffs on imports of autos as soon as April 2.
Toshihiro Suzuki (left), president of Suzuki Motor, and Hisashi Takeuchi, managing director of Maruti Suzuki India, during an event in New Delhi on Jan. 17
BUSINESS / Companies
Feb 25, 2025
Suzuki Motor unit opens first new India plant in eight years
India’s largest carmaker by sales had last opened a new factory in Gujarat, the home state of Prime Minister Narendra Modi, in 2017.
Toyota unveils a part of Woven City in Susono, Shizuoka Prefecture, on Saturday.
BUSINESS / Companies
Feb 24, 2025
Toyota unveils Woven City to test future mobility
The demonstration city includes roads dedicated to automated mobility on the ground and "logistics streets."
An electric vehicle factory in Rayong, Thailand. Asian countries are among the most vulnerable to President Donald Trump's economic grievances — but also well-placed to make deals to minimize their exposure.
BUSINESS / Markets
Feb 22, 2025
How Trump’s tariffs could reorder Asia trade and exclude the U.S.
Asian countries are among the most vulnerable to Trump's economic grievances — but also well-placed to make deals to minimize their exposure.
Nissan in recent weeks has been searching for a strategic partner in the tech industry, with some board members suggesting Tesla and Apple as ideal targets, the Financial Times reported.
BUSINESS / Companies
Feb 21, 2025
Japan seeks Tesla investment in Nissan as Foxconn approaches Honda
Taiwan's Foxconn has reportedly proposed forming a partnership with Honda, aiming for a framework that would also include Nissan and Mitsubishi Motors.
In its new medium-term business plan, Suzuki also included a goal to increase its sales to 8 trillion yen in the fiscal year beginning April 2030 from 5,374.2 billion yen in fiscal 2023.
BUSINESS / Companies
Feb 20, 2025
Suzuki targets operating profit of ¥800 billion in FY 2030
Suzuki will spend ¥4 trillion on research and development and capital investment over the six years to fiscal 2030.
Chief Cabinet Secretary Yoshimasa Hayashi said on Wednesday that the Japanese government has raised the issue of auto tariffs with the U.S. government, given the importance of Japan’s automobile industry.
BUSINESS / Economy
Feb 19, 2025
Japan raises auto tariff issue with U.S. as Trump threatens hike
The U.S. president's threat to impose a 25% levy on car imports would likely deliver a big blow to Japan’s economy.
After U.S. President Donald Trump said he plans to impose tariffs of 25% on automobile imports to the United States, Japanese automakers are cautiously looking for ways to handle the situation.
BUSINESS / Companies
Feb 19, 2025
Major Japanese automakers wary of Trump tariffs
The U.S. president says he plans to impose tariffs of 25% on automobile imports to the U.S., though he has not said which countries would be subject to them.
Vehicles bound for shipment at a port in Yokohama. Japan's auto exports to the United States surged 21.8% in January as U.S. President Donald Trump's tariff threats continued to mount.
BUSINESS / Economy
Feb 19, 2025
Japan’s exports rise again ahead of Trump’s tariff measures
Exports measured by value increased 7.2% from a year earlier, led by shipments of cars and ships.
Toyota agreed to transfer an existing order with LG Energy Solution to LG's battery plant in Michigan, sources said, after General Motors backed out of the project amid a slowdown in the growth of electric vehicle sales.
BUSINESS / Companies
Feb 19, 2025
Toyota is backing LG battery plant with $1.5 billion order
GM said in December it would sell its $1 billion stake in the Lansing, Michigan, plant, leaving LG scrambling to find new customers.
Newly manufactured cars ready for shipping. U.S. President Donald Trump said he is likely to impose new 25% tariffs on imported cars, semiconductors and pharmaceuticals in the coming months.
BUSINESS / Markets
Feb 19, 2025
Trump floats 25% tariffs on U.S. auto, drug and chip imports
The U.S. president has also threatened other streams of tariffs, all part of an effort to reconfigure the country's trading relationships across the globe.
Nissan CEO Makoto Uchida holds a news conference last week, rejecting Honda's proposal to make the company a subsidiary.
BUSINESS / Companies
Feb 18, 2025
Nissan shares rally on report talks with Honda could be reopened
The Japanese auto giants said last week they had scrapped plans to join forces.
Group of Seven top diplomats, including Foreign Minister Takeshi Iwaya (second from left) and U.S. Secretary of State Marco Rubio (right), meet on the sidelines of the Munich Security Conference in the German city on Saturday.
BUSINESS / Economy
Feb 16, 2025
Japanese FM asks U.S. counterpart to exempt Tokyo from Trump tariffs
The foreign minister also said that he had broached the issue of Trump’s planned tariffs on automobiles imported to the U.S.
U.S. President Donald Trump signs an executive order in the Oval Office of the White House in Washington on Friday.
BUSINESS / Economy
Feb 15, 2025
Trump says new tariffs on autos coming around April 2
The auto threat offers to put some of the biggest brands in Japan, Germany and South Korea in Trump’s crosshairs.
Nissan Chief Executive Officer Makoto Uchida during a news conference at the company’s global headquarters in Yokohama on Thursday
BUSINESS / Companies
Feb 14, 2025
Honda and Nissan parting leaves both with unresolved problems
One needs scale to compete on the global stage, the other a lifeline to stay afloat.
Following weeks of talks after Nissan Motor President Makoto Uchida and Honda President and CEO Toshihiro Mibe's December announcement of a possible merger, the two automakers confirmed on Thursday that the deal is officially off.
BUSINESS / Companies
Feb 13, 2025
Honda and Nissan cancel megamerger after weeks of negotiations
The automakers failed to find the common ground needed to reach an agreement, though they still intend to work together in other areas.

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Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
Can a World Expo still matter? Japan is about to find out.