Tag - cars

 
 

CARS

Cars on display at Nissan's headquarters in Yokohama on Tuesday. The automaker posted a massive annual net loss and confirmed that it plans to cut thousands of jobs worldwide.
BUSINESS / Companies
May 14, 2025
Japanese automakers looking at a ¥1 trillion hit from Trump tariffs 
No matter what happens, they expect the new levies to cost them a lot.
Prime Minister Shigeru Ishiba speaks during a Lower House committee meeting on Friday.
BUSINESS / Economy
May 11, 2025
Ishiba vows Japan will stand its ground, demanding U.S. lift auto tariffs
The U.S. is an important market for the Japanese automobile industry, accounting for about 20% of its total car exports in terms of volume and about 30% in terms of value.
Toyota CEO Koji Sato announces the firm's financial results during a news conference in Tokyo on Thursday.
BUSINESS / Companies
May 8, 2025
Toyota cites tariffs as it forecasts 35% drop in 2025-26 net profit
Carmakers have been among the hardest-hit by Trump's multipronged assault on free trade.
While for Aston Martin, it’s all about delivering luxury, their regional president for Asia Gregory Adams' start in the auto industry in Japan was far more humble.
BUSINESS / Companies
May 6, 2025
The drive for luxury: Aston Martin Asia's president explains the desire for more
“No one needs an Aston Martin,” said the company's regional president for Asia — it is more about emotion and less about practicality.
U.S. President Donald Trump's 100th day rally in Warren, Michigan, on April 29
BUSINESS
May 4, 2025
Auto workers welcome Trump tariffs, no matter the fate of Wall Street
According to some autoworkers, the tariffs are their best chance of restoring American manufacturing might.
EV adoption is cruising along in the U.S., despite a backlash against the industry’s largest players.
BUSINESS / Tech
Apr 29, 2025
As Tesla falters, these new EVs are picking up the pace
Sales of electric vehicles climbed to 294,000 in the first quarter of the year, a 10.6% increase compared with the year-earlier period.
A Maruti Suzuki concept electric SUV at a trade show in Gandhinagar, India, last January
BUSINESS / Companies
Apr 25, 2025
Maruti Suzuki profit misses estimate on higher input costs
The disappointing earnings for the sector leader come amid a broader consumption slack in the world’s most populous country.
Toyota Motor Corp. Chairman Akio Toyoda after a meeting in Beijing last month
BUSINESS / Companies
Apr 25, 2025
Toyota chairman proposes record buyout of its supplier at $42 billion valuation
The proposal values Toyota Industries, which makes looms for textiles as well as parts for Toyota’s cars, at a premium of 40% over its closing stock price on Friday.
New vehicles for sale at a Toyota dealership in El Centro, California. Toyota is planning to spend $88 million at an engine factory in West Virginia to widen its manufacturing footprint in the United States.
BUSINESS
Apr 24, 2025
Toyota to invest ¥12.5 billion in West Virginia plant amid Trump tariff push
The spending will secure the continued employment of some 2,000 workers at the factory, but a spokesman said it won’t result in any new jobs.
Economic revitalization minister Ryosei Akazawa, Japan's chief tariff negotiator, responds to a question at Haneda Airport in Tokyo ahead of his visit to the United States on Wednesday.
BUSINESS / Economy
Apr 16, 2025
Akazawa, Japan’s tariff czar, jets to Washington for mission impossible 
Tokyo realizes that achieving a satisfactory meeting of the minds with Washington will be a real challenge.
Donald Trump’s complaints about Japan’s auto market are based on misconceptions, as Japan has not imposed car tariffs since 1978 and American cars fail to meet local preferences.
COMMENTARY / Japan
Apr 8, 2025
The Japan tariff myth that just won’t die
The belief that unfair trade practices are at fault isn’t only false, but also one of those enduring myths that refuses to die.
A Nissan manufacturing complex in Aguascalientes, Mexico. Nissan says it will not take new orders from the United States for two Mexican-built Infiniti SUVs following new auto tariffs levied by the U.S.
BUSINESS / Companies
Apr 4, 2025
Nissan says it will not take new U.S. orders for Mexican-built Infiniti SUVs
It says it will maintain two shifts of production of its Rogue SUV at its Smyrna, Tennessee, plant following the announcement of new U.S. tariffs on automobiles.
Japanese cars awaiting export at a port in Yokohama. The United States will start collecting new 25% import duties on cars and car parts from Thursday.
BUSINESS / Economy / FOCUS
Apr 2, 2025
Japan has some cards to play in trade war with the United States 
It could offer voluntary restraints on exports, or it could offer to buy more from the U.S. in order to reduce the trade surplus with that country.
The logo of Xiaomi is seen on a tire wheel of the SU7, the company's first electric vehicle, on display at a showroom in Beijing on March 25.
BUSINESS / Tech
Apr 2, 2025
Three reported dead after Xiaomi car with driver assistance crashes
The incident is likely to spark scrutiny over the smart driving software deployed in many of today’s cars.
The BYD logo is displayed at the Beijing Auto Show on April 25, 2024. The Chinese battery and carmaker saw a surge in revenue last year, a stock filing showed on Monday, surpassing the $100 billion mark and beating rival Tesla as the Shenzhen-based firm accelerates its overseas expansion.
BUSINESS / Tech
Mar 25, 2025
BYD sales top Tesla as tech focus wins over Chinese drivers
BYD has risen quickly to the top of China’s car market — the world’s biggest and most competitive for electric vehicles.
The Environment Ministry plans to have recycled plastics account for at least 15% of overall plastics used in the production of new vehicle models, at a time when the European Union is looking to make using recycled plastics mandatory in vehicle production.
JAPAN
Mar 18, 2025
Japan aims to use 15% recycled plastics in auto production
Recycled plastics have rarely been used in vehicle production in Japan due to poor quality and insufficient supply.
Many Japanese companies are exporting more to the United States to get ahead of U.S. President Donald Trump's tariff threats.
BUSINESS / Companies
Mar 5, 2025
Japanese firms boost exports to U.S. to get ahead of tariffs
Overall, Japanese exports to the U.S. jumped 8.1% in January to ¥1.5 trillion ($10 billion), the highest for the month in at least 19 years.
The number of fatal bicycle accidents and those causing serious injury that were attributed to cyclists' mobile phone use totaled 28 in 2024, a record high. Similarly, the number of such accidents involving cars driven by drivers distracted by mobile phones rose to the highest on record, at 136 cases.
JAPAN / Crime & Legal
Feb 27, 2025
Accidents caused by distracted drivers hit record high in 2024
A total of 136 fatal car accidents and those resulting in serious injury due to mobile phone use were recorded last year, the highest since at least 2007.
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.
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.

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