NEWSWORTHY
Business / Corporate Mar 13, 2019
Honda Motor Co. said Tuesday it is recalling some 1.1 million vehicles in the United States to re-replace defective air bags supplied by Takata Corp. Honda made the decision to replace the Takata air bags with products from a different company after a driver suffered ...
Business Mar 12, 2019
Japanese classics from Toyota, Honda, Mazda and the like are now a hot bet among car collectors
by Hannah Elliott
When a classic red 1994 Toyota Supra sold online for $121,000 in January, it shocked not only the usual car-related Instagram junkies but also close followers of the tiny Japanese sports car. The going rate for one in good condition tends to hover around ...
Business / Corporate Mar 6, 2019
Toyota joins rival carmakers BMW and Honda in sounding Brexit alarm bell
Toyota Motor Corp. has added its voice to warnings about potential Brexit fallout as the deadline for an agreement on the U.K.'s exit from the European Union looms less than four weeks away. Possible disruption to trade between the U.K. and the EU is Toyota's ...
Business Feb 26, 2019
U.K. minister to head for Japan and try to convince Honda to reconsider Swindon plant shutdown
The minister is considering offering financial assistance to Honda and is expected to ask the firm to cancel its plan to shut down the company’s only factory in England.
Business Feb 25, 2019
The demise of Honda's only U.K. factory sums up Britain's Brexit angst
by Lucy Meakin and Charlotte Lait
Swindon, famous for its traffic intersections and steam-engine past, feels like Brexit Britain in a nutshell. Like the United Kingdom in general, the city of about 180,000 people boasts a proud industrial heritage stretching back to the 19th century. Current unemployment is low and the ...
Business | FOCUS Feb 20, 2019
An overview of the major firms and agencies paring presence and payrolls in U.K. as Brexit looms
As Britain's March 29 departure from the European Union looms, several major companies and agencies have announced they are downsizing their operations in the U.K. or completely shipping out. A panorama: Carmaker Honda announced Tuesday it will close its plant in the southwestern English town ...
Business / Corporate Feb 19, 2019
Honda to shut sole U.K. plant in Swindon, imperiling 3,500 jobs just weeks ahead of Brexit
Honda built 160,000 vehicles at the Swindon factory last year, accounting for just over 10 percent of Britain’s total output of 1.52 million cars.
Business / Corporate Jan 22, 2019
Toyota, Honda and Panasonic consider joint venture to procure cobalt for electric vehicles
Japan's major auto and battery manufacturers, including Toyota Motor Corp., Honda Motor Co. and Panasonic Corp., are considering joint procurement of cobalt, an essential resource for batteries that power electric vehicles, sources said Tuesday. The envisioned joint venture is likely to be set up in ...
Business / Corporate Dec 21, 2018
Honda Aircraft Co., a U.S. unit of Honda Motor Co., started to deliver the latest model of its small HondaJet business plane to customers in Japan on Thursday. [video_embed number="1"] The company held a ceremony at Haneda airport to mark the first delivery of the HondaJet ...
Business / Financial Markets | TSE DATA & REPORT Oct 30, 2018
Stocks staged a sharp rebound on the Tokyo Stock Exchange on Tuesday, boosted by repurchases after the recent tumble. The 225-issue Nikkei average soared 307.49 points, or 1.45 percent, to end at 21,457.29, after shedding 34.80 points on Monday. The Topix index of all first-section issues ...
Business / Corporate Oct 30, 2018
Honda Motor Co. said Tuesday it was raising annual forecasts after first-half profits rose over 19 percent on brisk sales of motorcycles in Asia. Japan's third largest automaker now expects net profit to reach ¥675 billion ($6 billion) for the fiscal year ending March, down ...