Coronavirus took toll on Japan's auto and retail sales in February

Business Mar 3, 2020

Coronavirus took toll on Japan's auto and retail sales in February

Automakers and department store operators reported sharp sales declines in February as the spread of the new coronavirus dented consumer sentiment and drove away foreign tourists. The weak data came as analysts warned of a second consecutive quarter of contraction in January to March, with ...

Japan's FSA to cut automobile liability insurance premiums

Business Jan 16, 2020

Japan's FSA to cut automobile liability insurance premiums

The Financial Services Agency decided Thursday to reduce compulsory automobile liability insurance premiums from April. The move reflects the improved finances of the insurance program as wider use of vehicle safety devices such as automatic braking systems contribute to a decline in the number of ...

800  custom race cars displayed at event in Chiba Prefecture

Business Jan 11, 2020

800 custom race cars displayed at event in Chiba Prefecture

Automakers and auto parts manufacturers from Japan and abroad displayed some 800 custom and race cars at an auto show near Tokyo on Saturday. At the Tokyo Auto Salon 2020 in at Makuhari Messe in Chiba Prefecture, which opened to the public for a two-day ...

Sony unveils electric car equipped with autonomous driving tech

Business / Tech Jan 7, 2020

Sony unveils electric car equipped with autonomous driving tech

Sony Corp. has unveiled the first prototype of an electric vehicle equipped with autonomous driving technology under its new Vision-S initiative. The concept car, introduced Monday by Sony President and CEO Kenichiro Yoshida at a media preview ahead of the annual CES consumer electronics trade ...