Holiday Special: Subscribe for $1.52/week.

EU will scrap tariffs on Japan-built cars in trade deal

The EU and Japan concluded negotiations on a free trade deal that will remove EU tariffs of 10 percent on Japanese cars and the 3 percent rate typically applied to car parts.


Subaru sees $177 million in costs linked to Japan inspection scandal

Subaru said it was recalling 395,000 vehicles in Japan and that it expected to incur about $177 million in costs related to improper final inspection procedures at domestic plants.

Sign up for our weekly newsletter

Sent early Monday mornings, this newsletter contains a summary of key stories from our weekly edition.

MORE ASIA NEWS CHINA WORLD MARKETS WORLD CONGRESS
Japan's automakers look beyond scandals to future

Japan's automakers will present their futuristic visions for electric and autonomous vehicles at the Tokyo auto show this week as the the industry continues to reel from scandals that have hit automakers including Nissan and suppliers such as Kobe Steel and Takata.

Nissan halts Japan-market output

Nissan has suspended production of Japan-market vehicles for two weeks after it concedes uncertified workers kept inspecting cars after earlier recall.

UPDATED: 10/23/17 3:28 am ET - new story
Toyota resumes Japan production after typhoon

Toyota said it was operating second shifts as normal at its Japanese plants, after suspending first shifts as a typhoon precaution. Four people were reported killed in the wake of Typhoon Lan.

Nissan's lax inspections started at least 20 years ago, report says

Nissan's inappropriate inspection practices have been going for at least 20 years, Japanese broadcaster NHK said. The report followed a decision by the automaker to suspend domestic vehicle production to address misconduct in its final inspection procedures, which has led to a recall of 1.2 million cars sold in Japan.

UPDATED: 10/20/17 10:01 am ET - adds details
Death of Australian car output leaves chasm

GM closed its Holden factory in Australia on Friday, ending more than a century of car manufacturing in the country. Hundreds of workers will be left jobless, just weeks after Toyota shut a plant in neighboring Victoria state, where Ford closed two sites last year.

UPDATED: 10/19/17 10:21 am ET - adds details
Nissan suspends Japanese output for 2 weeks; exports to continue

Nissan is suspending domestic production of vehicles for the Japanese market for at least two weeks to address misconduct in its inspection procedures that led to a major recall. Nissan will continue to produce vehicles for export.

Newsletters