Japan

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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Honda, Subaru airlifting parts amid West Coast port labor talks

7:02 am U.S. ET | Feb. 5, 2015

Japanese carmakers including Honda and Subaru are shipping some auto parts to the US by air to bypass a labor dispute at West Coast ports that is delaying deliveries....
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Mazda profits dinged by lower-margin models, higher taxes

6:26 am U.S. ET | Feb. 4, 2015

A higher tax bill and a sales mix of richer in lower-margin models undercut profits at Mazda in the October-December quarter, despite rising global volume....
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Toyota to move to merit-based pay for Japan factory workers, report says

8:40 pm U.S. ET | Jan. 26, 2015

Toyota will change the way it pays factory workers, focusing on their performance rather than their seniority, the Nikkei reported on Monday....
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Toyota, Honda in talks to put 6,000 fuel cell cars on road in Tokyo by 2020 Olympics

6:19 am U.S. ET | Jan. 20, 2015

Japan's capital will build 35 stations to fuel hydrogen-based fuel cell vehicles and is in negotiations with Toyota Motor Corp. and Honda Motor Co. to put 6,000 hydrogen cars on its roads by 2020....
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Japan's Daicel to lift inflator output after Takata recalls

8:48 pm U.S. ET | Jan. 19, 2015

Japan's Daicel said it would boost production of airbag inflators to meet demand for the component at the heart of rival Takata's quality problems, which have led to the recall of more than 24 million vehicles worldwide since 2008....
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THE TAKATA RECALL CRISIS

Takata recalls prompt Japan to consider supplier regulations

6:34 am U.S. ET | Jan. 16, 2015

Japanese Transport Minister Akihiro Ohta said today his ministry was considering whether to revise existing laws to beef up oversight of auto suppliers in the wake of massive recalls of Takata airbags....
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Toyota raises ante on hydrogen; Japan to ease fuel cell regulation

6:56 am U.S. ET | Jan. 15, 2015

Japan will introduce self-service hydrogen filling stations and ease other regulations related to fuel cells to promote the technology, which carmakers including Toyota are using in vehicles....
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Toyota to build more SUVs as U.S. demand provides edge over VW

7:56 am U.S. ET | Jan. 14, 2015

Toyota will build more SUVs this year at factories in Japan and Canada to meet rising US demand, the carmaker’s top North American executive said....
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HANS GREIMEL

Exchange rate windfalls a mixed bag for Japan's Big 3

12:01 am U.S. ET | Jan. 12, 2015

After trading at record highs for several years, the Japanese yen has tanked against the dollar and many other foreign currencies. The shift is generating huge windfalls for Japan's Big 3 automakers: Toyota Motor Corp., Nissan Motor Corp. and Honda Motor Co. But the jackpot won't benefit the rivals equally....
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HANS GREIMEL

BLOG: Could record Honda fine stoke Japan backlash?

12:01 am U.S. ET | Jan. 10, 2015

Japanese regulators have fretted that the Takata airbag recalls might spur a backlash against the country’s carmakers. Honda's $70 million in US fines could feed those concerns....
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Takata stock rises after lender expresses support

6:33 am U.S. ET | Jan. 8, 2015

Shares in Takata, the maker of airbags that led to millions of vehicle recalls by global carmakers, rose to the highest price in more than two months as a major lender said it would support the troubled supplier should it fail....
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Subaru scraps plan to shift Crosstrek production to U.S., report says

7:50 am U.S. ET | Dec. 25, 2014

Fuji Heavy Industries, the maker of Subaru brand cars and SUVs, has scrapped a plan to shift production of the new XV Crosstrek to its plant in the United States and will instead make the SUV in Japan, a source familiar with the company's production plans told Reuters....
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Japan's laws, attitude help recalls work better

12:01 am U.S. ET | Dec. 21, 2014

In Japan, automakers achieve recall rates that automakers in North America could only dream of....
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Takata airbag crisis may spur maintenance changes in Japan

8:54 am U.S. ET | Dec. 18, 2014

Takata's airbag crisis could spur changes to how car owners maintain their vehicles, with Japan’s automakers discussing whether drivers should regularly replace the chemicals used to inflate the safety devices....
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Takata tightens screws on suppliers as airbag crisis mounts, report says

8:05 am U.S. ET | Dec. 14, 2014

Takata has begun enforcing tighter quality controls on a group of parts suppliers as the auto safety equipment maker boosts production to replace millions of air bags recalled for a potentially deadly defect, people familiar with the situation told Reuters....
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Honda planning worldwide recall for Takata airbags, Ito says

5:53 am U.S. ET | Dec. 9, 2014

Honda President Takanobu Ito said his company is planning to launch a worldwide investigative airbag recall, just days after extending a similar callback in the United States. Ito also expressed frustration with the response of Japanese airbag supplier Takata, but said Honda will offer support if Takata tips into financial difficulties....
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Automotive News
Special Video Report
Nissan's Munoz on dealers: 'You grow or you go'

Nissan's Munoz on dealers: 'You grow or you go'

Nissan North America Chairman Jose Munoz has a tough goal to meet: Raise the combined U.S. market share of Nissan and Infiniti from 8.4 percent to 10 percent by March of 2017.
» Watch the Video
     
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