Japan

Toyota President Toyoda earns $10.3 million, surpassing Nissan's Ghosn

June 24, 2015 11:14 CET

Toyota President Akio Toyoda became the highest-paid auto executive in Japan last year after dividend payouts pushed his total compensation to $10.3 million, passing Nissan CEO Carlos Ghosn....
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Toyota HQ raided by police over executive's arrest, report says

10:28 am U.S. ET | June 23, 2015

Toyota's headquarters was raided by police over the arrest of the company's new communications chief, Julie Hamp, for the alleged illegal import of painkillers, a Japanese newspaper reported today....
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Ghosn's Nissan pay tops $8 million

June 23, 2015 10:48 CET

Nissan CEO Carlos Ghosn received a total of 1.03 billion yen ($8.3 million) in salary and bonuses for the year ended March 31, an increase of 4 percent from a year earlier, and the first time his pay has reached this figure....
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Bumps in Toyota's road to diversity

12:01 am U.S. ET | June 22, 2015

Stumbles with two high-profile foreign executives at Toyota cast a pall over what had been a bold move forward in the internationalization of the world's biggest automaker....
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Toyoda defends 'close friend' Hamp after arrest

6:40 am U.S. ET | June 19, 2015

Toyota CEO Akio Toyoda defended his "close friend" and global communications chief Julie Hamp a day after her arrest for allegedly importing narcotic painkillers and promised the investigation will show that the company's first upper-level female executive had no intention of breaking Japanese law....
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Subaru adds Impreza Sport Hybrid, its second hybrid, for Japan

11:00 am U.S. ET | June 19, 2015

Subaru is adding a second hybrid vehicle to its lineup, a gasoline-electric version of the Impreza hatchback it hopes will tap booming demand for the fuel-efficient technology in Japan....
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Toyota 'confident' arrested exec Hamp didn't intend to break Japan drug laws

6:52 am U.S. ET | June 18, 2015

Toyota expressed confidence in communications chief Julie Hamp, its first female senior executive, after she was arrested Thursday on suspicion of a Japanese drug offense involving a prescribed medication, saying she did not intend to break any laws....
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Japanese launch plan for cars to help power electric grid

8:11 am U.S. ET | June 8, 2015

Japanese automakers aim to solidify their global leadership in electric-vehicle charging standards by extending the technology to vehicle-to-infrastructure energy transfers....
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Toyota boosting Japan exports to reach sales goal

7:07 am U.S. ET | June 5, 2015

Toyota, facing capacity constraints in North America, may boost exports from Japan for the first time in three years to meet its global sales target....
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Honda expands airbag recall in Japan

4:32 am U.S. ET | May 28, 2015

The global Takata airbag recall widened again today with Honda calling back another quarter million vehicles in Japan equipped with possibly defective airbag inflators....
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HANS GREIMEL

BLOG: Japanese automakers fear new outbreak of anti-Japan sentiment in China

7:51 am U.S. ET | May 25, 2015

With the 70th anniversary of the end of World War II approaching, Japan is watching nervously to see whether its carmakers will be hit by another anti-Japan backlash in China....
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U.S. indicts 2 execs from NGK for price-fixing

1:39 pm U.S. ET | May 21, 2015

One current and one former executive with Japanese supplier NGK Spark Plug were indicted today on a charge of conspiring to fix prices of spark plugs, standard oxygen sensors and air fuel ratio sensors sold in the United States, the Justice Department said today....
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Takata, Japan automakers stuck in uneasy reliance

7:46 am U.S. ET | May 17, 2015

Airbag supplier Takata and Japanese carmakers including Honda are locked in the commercial equivalent of a bad marriage -- not entirely happy in each other's company but unable to break apart and wary of potentially costly court battles....
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Honda exec says latest airbag recall may impact Japan sales

7:04 am U.S. ET | May 15, 2015

Honda could see an impact on sales in Japan from its plans to recall some 5 million cars to replace potentially fatal airbags made by troubled supplier Takata, a top executive said today....
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Takata asking to pay for recalls through installments, report says

7:49 am U.S. ET | May 14, 2015

Takata asked automakers to allow it to pay for costs related to its recalled airbags by installment and is meeting with its bankers almost every day to ensure it has enough cash flow, an analyst who attended a company briefing told Bloomberg....
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Toyota, Mazda in talks on expanding partnership, report says

7:18 am U.S. ET | May 9, 2015

Toyota and Mazda are in talks to expand their technology partnership to fuel-cell vehicles, sources told Reuters on Saturday, as global automakers face rising costs to comply with stricter emission regulations....
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HANS GREIMEL

Detroit has little to gain from free trade with Japan

12:01 am U.S. ET | May 4, 2015

Detroit's automakers have little to gain by having Japan in the Trans-Pacific Partnership free-trade pact, even if the U.S. wins auto import concessions from Tokyo....
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Mazda quarterly profits fall on currency losses while sales rise

6:41 am U.S. ET | April 24, 2015

Profits fell at Mazda in the January-March quarter, undercut by higher outlays for marketing and factory startups and foreign exchange losses, despite rising sales....
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Mitsubishi posts first annual N.A. profit in seven years

7:47 am U.S. ET | April 24, 2015

Mitsubishi booked double-digit profit increases in the latest quarter to propel the carmaker to record annual earnings and its first North America profit in seven years....
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Toyota makes noise with Mirai hydrogen fuel cell vehicle

10:18 am U.S. ET | April 24, 2015

For all its silence, Toyota's Mirai hydrogen fuel cell vehicle actually can be pretty noisy. Ironically, that is because the car is propelled by a whispering electric motor that allows the driver to pick up sounds that might otherwise be droned out. And the distinct whirring and intermittent clicking are unique to its hydrogen drivetrain....
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Suzuki recalls record 2 million cars for smoking ignition switch

7:21 am U.S. ET | April 22, 2015

Suzuki said it would recall 2 million cars, a record for the automaker, including Chevrolet Cruzes it builds for GM, to replace the ignition switch after reports of fumes being emitted from the faulty component....
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Japan, U.S. seek deals on auto parts, rice to secure trade pact

1:19 am U.S. ET | April 19, 2015

Japanese and U.S. negotiators will seek to resolve the most contentious issues on auto parts and rice to help the two countries reach a trade pact, Japanese Economy Minister Akira Amari said....
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South Korea steps up price-fixing crackdown on auto suppliers

10:40 am U.S. ET | April 17, 2015

South Korea, supporting a global police action against auto-parts price fixing, has hit Japanese and German suppliers with a string of fines in recent weeks. The latest penalties came Tuesday, when Germany's Schaeffler and Japan's JTEKT were fined for rigging bids on tapered roller bearings to Hyundai, Kia and Hyundai Powertech....
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FROM TVs TO EVs

Japan electronic giants embrace autos after consumer-goods struggles

12:01 am U.S. ET | April 13, 2015

Japan's storied electronics companies are struggling in the cutthroat consumer goods market amid cheaper, and often more innovative, rivals from South Korea and China. As a result, the beleaguered blue chips are trying reinventing themselves as suppliers to one of the few sectors of Japan Inc. still thriving: the auto business....
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Who's Toyota CEO? Isn't it obvious?

12:01 am U.S. ET | April 6, 2015

During a meeting for individual investors in Japan, Toyota showed a video of man-on-the-street footage asking regular Japanese whether they could identify the head of their country's biggest manufacturer. Most couldn't....
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