Japan

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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Hamp, Toyota's first female senior exec, says building trust is top priority

12:15 pm U.S. ET | April 3, 2015

Julie Hamp this week became Toyota's first female senior executive, overseeing global communications from Toyota City. Hamp said today her top priority is building trust at the automaker -- fixing disconnects between how Toyota sees itself and how outsiders view the company....
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U.S., Japan have 'significant gaps' on auto market access, trade official says

11:25 am U.S. ET | March 31, 2015

Acting Deputy US Trade Representative Wendy Cutler said on Monday that "significant gaps" in the trade negotiations remain between the United States and Japan regarding access for US automobiles in the Japanese market....
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Honda launches S660 minicar roadster, heir to Beat's looks

10:00 pm U.S. ET | March 29, 2015

Honda is going small and sporty with the release of the S660 mini roadster, a new open-top minicar that will be sold only in Japan, at least for now. The two-seater is powered by a three-cylinder 660cc turbocharged midship engine that matches the S660's diminutive 134-inch length. It musters just 63 hp....
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Takata sued in Canada over airbag-related vehicle recalls

6:31 am U.S. ET | March 27, 2015

Takata, the Japanese supplier whose airbags have been linked to six fatalities globally, has been sued in Canada in three separate cases, it said in a statement today....
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Why a Japanese supplier is upping its game

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

Aisin Seiki, the world's fifth biggest auto supplier, is doubling the size of its global design division as it expands into new products and targets new customers....
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Japan far outpaces U.S. in replacing Takata airbag parts

6:49 am U.S. ET | March 20, 2015

As automakers plead with U.S. customers to fix potentially deadly Takata airbags, recalls in Japan are drawing much stronger responses, with more than two-thirds of the total already repaired....
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Toyota will add engineers in Japan

12:01 am U.S. ET | March 16, 2015

Toyota Motor Corp. plans to add 2,275 employees in Japan in the fiscal year beginning April 1, 30 percent more than it added a year earlier. The biggest increases are coming in engineering and manufacturing operations....
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Toyota to step up hiring at home in the next fiscal year

10:45 am U.S. ET | March 12, 2015

Profit-rich Toyota is plowing more of its cash into new hires in the coming year, especially in the engineering and technical fields crucial to its expansion. Toyota aims to add 2,275 employees in Japan in the fiscal year beginning April 1, a 30 percent increase over the 1,744 hires added a year earlier....
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HANS GREIMEL

BLOG: BYD heralds its vehicle sales in Japan

1:04 pm U.S. ET | March 4, 2015

Can the Chinese succeed where the Koreans and Americans largely have failed: penetrating Japan's auto market?...
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Toyota promotes Europe CEO Leroy to new global role

March 4, 2015 09:55 CET

Toyota will add Europe boss Didier Leroy to its board and promote him to global head of business in developed countries in a wider management shuffle. Johan van Zyl, currently CEO of Toyota's Africa region, will become Europe chief....
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Kobe Steel considers $800 million U.S. aluminum plant for auto suppliers

6:41 am U.S. ET | March 3, 2015

Kobe Steel, supplier of aluminum sheet to half of Japan’s auto industry, is considering building a 100 billion yen ($832 million) plant in the U.S. to expand sales to Japanese carmakers operating in North America....
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Futuristic, handmade Mirai represents Toyota's rebirth

12:01 am U.S. ET | March 2, 2015

Toyota Motor Corp.'s most advanced vehicle has had a decidedly low-tech birth and has an equally ironic birthday. Feb. 24, the start of production of the Mirai fuel cell sedan, was exactly five years after President Akio Toyoda was hauled before a U.S. congressional panel and given a humiliating grilling about his company's unintended acceleration recalls. The date was no accident. The Mirai symbolizes both Toyota's rebirth from that crisis and a return to its roots....
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Mazda launches CX-3 small SUV, bets on diesel-only car for Japan

7:30 am U.S. ET | Feb. 27, 2015

The Mazda CX-3 compact crossover went on sale in Japan today with the carmaker offering a 1.5-liter diesel engine as the nameplate's only powerplant. That won't happen in the US, says chief engineer Michio Tomiyama: “In America, it will be only gasoline.”...
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Nissan expects to reach 10% U.S. share goal ahead of schedule

9:15 pm U.S. ET | Feb. 26, 2015

Nissan North America Chairman Jose Munoz outlined a four-prong capacity expansion plan that could power Nissan to its 10 percent U.S. market share goal ahead of schedule. He also said he targets increased North American operating profit margin of at least 8 percent, thanks to an influx of high-margin nameplates such as the Murano crossover and Maxima sedan....
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Toyota's most high-tech car gets ultra low-tech birth

6:47 am U.S. ET | Feb. 24, 2015

Toyota celebrated the launch of its high-tech Mirai fuel cell vehicle today from its noticeably low-tech production line. And President Akio Toyoda chose today as the celebration date for a reason. It's the five-year anniversary of when Toyoda was hauled before a congressional panel to answer questions about his company's unintended acceleration recalls....
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HANS GREIMEL

BLOG: Japan Toyota dealer hits 2 million milestone

9:28 am U.S. ET | Feb. 20, 2015

Nagoya Toyopet sold its 2 millionth new Toyota vehicle on Monday, making it the first independent retailer from Japan’s top manufacturer to reach that rarified stratosphere....
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HANS GREIMEL

BLOG: Japan automakers cut forecasts but enjoy slumping yen.

6:47 am U.S. ET | Feb. 12, 2015

Japan's earnings season wrapped up this week on what would have been a sour note in any other auto market. Yet, Japan's automakers largely laughed it off because of the slumping yen....
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Honda CEO Ito resists moves for his ouster, report says

6:37 pm U.S. ET | Feb. 11, 2015

Honda CEO Takanobu Ito, under fire for how he is dismantling the traditional way the Japanese car maker sources parts and technologies, has resisted moves for his ouster and will fight on for another two-year term, four people with direct knowledge of the matter told Reuters....
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