Commentary / Japan Feb 20, 2019
Winds of change sweep auto industry
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Travel | A Weekend In Feb 9, 2019
A weekend in Toyota and Nagoya: Where technology meets tradition
by Claire Williamson
Toyota will host four games for the Rugby World Cup at its 45,000-capacity Toyota Stadium. Read our guide to the city to find out what to do when you're in Toyota and nieghboring Nagoya for the weekend.
Business / Corporate Feb 5, 2019
With new Kinto firm, Toyota gears up for more leasing as car ownership in Japan goes into reverse
Toyota Motor Corp. said Tuesday it has set up a new company with a Sumitomo Corp. affiliate to launch auto-leasing services to individual customers, in response to consumers who are shifting away from owning cars. The new company, Kinto Co., is capitalized at ¥1.8 billion. ...
Business / Corporate Jan 30, 2019
Struggling Akebono Brake seeks capital infusion from Toyota as well as debt relief
Akebono Brake Industry Co. is seeking a capital infusion from top shareholder Toyota Motor Corp. and a moratorium on debt repayment as part of a revival plan, sending its shares tumbling by a quarter on Wednesday. The brake-maker, a supplier to automakers including General Motors ...
Business / Corporate Jan 28, 2019
Toyota resisting price hikes in Indonesia's hot minivan market
by Merliyani Pertiwi
Toyota Motor Corp. and its group firm Daihatsu Motor Co. are trying to keep their prices steady in Indonesia's increasingly competitive and affordable minivan market, offering 2019 models at the same prices as last year. PT. Toyota-Astra Motor launched new models of the Avanza and ...
Business Jan 24, 2019
CEOs at Davos sour on Trump policies, warning they hurt business and investment
From center-stage in Davos last year, President Donald Trump told the world's corporate bosses that America is a great place to invest. It hasn't quite turned out that way. Foreign direct investment to the United States fell in 2018, and companies gathered at the World ...
Business Jan 24, 2019
Japanese firms hopping on ride-hailing bandwagon in Southeast Asia
by Siti Rahil
Japanese firms are involved in a clash of titans that is expected to intensify this year between two successful ride-hailing startups in Southeast Asia. Fierce competition is looming between Indonesia's Gojek and Singapore-based Grab, which is backed by companies including SoftBank Group Corp., Toyota Motor ...
Business / Corporate Jan 23, 2019
Toyota and Panasonic to launch joint venture to make electric vehicle batteries by end of 2020
Toyota Motor Corp. and electronics giant Panasonic Corp. said Tuesday they will jointly establish a new company to make batteries for automobiles, including electric vehicles, by the end of 2020. With the joint venture, the firms aim to counter Chinese and other foreign rivals. Toyota ...
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 Jan 20, 2019
Toyota and Panasonic plan to produce electric car batteries at joint venture in 2020
Toyota Motor Corp. and Panasonic Corp. are set to launch a joint venture in 2020 to manufacture batteries for electric vehicles, expecting growing demand in a sector where Chinese and South Korean rivals are gaining ground, sources close to the matter said Sunday. Toyota plans ...
Business Jan 20, 2019
India's electric vehicle goals being realized on two wheels, not four
by Rajendra Jadhav and Aditi Shah
Hurt by high fuel prices, Vinod Gore, a farmer in Gove village in the western Indian state of Maharashtra, ditched his petrol scooter for an electric model, underlining how two-wheelers are driving the country's goal of electrification of its vehicles. Gore's electric scooter, built by ...
Business Jan 18, 2019
Detroit auto show models — the human ones — embrace their changing role in the #MeToo era
Every year at the Detroit auto show, good-looking women — and men — are deployed by the carmakers to present their new vehicles. But with the shock wave created by the #MeToo movement still reverberating across the U.S., there are fewer auto show models of ...