Japan

Mercedes will pass VW in Japan this year on surging luxury car sales

July 6, 2015 11:30 CET

Mercedes will likely pass Volkswagen this year to become the top-selling import brand in Japan for the first time in 16 years, underscoring the nation's surprising boom in demand for luxury cars....
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Financial aid for hydrogen infrastructure

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

Japan's three biggest automakers plan to help cover the cost of operating hydrogen stations in the country to popularize cars powered by fuel cells....
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THE SUPPLIER SPEAKS: TADASHI ARASHIMA, PRESIDENT, TOYODA GOSEI CO.

Toyoda Gosei 'on track' to loosening Toyota ties

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

Toyoda Gosei President Tadashi Arashima says his company is on track to reducing its dependence on Toyota Motor Corp., which accounts for nearly two-thirds of the Japanese supplier's annual sales....
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Honda to make English official language by 2020

6:57 am U.S. ET | July 3, 2015

Former Honda Motor Co. CEO Takanobu Ito famously said five years ago that it was “stupid” to make English the official work language of a Japanese company. Now that he’s left the building, however, Japan’s No. 3 carmaker is changing its tune....
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Toyota prices 'Model AA' shares at top range

9:50 am U.S. ET | July 2, 2015

Toyota set the price for its "Model AA" class shares at the top of its range, as retail investors flocked to the $4 billion issue the world's biggest automaker hopes will secure its longer-term shareholders....
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Toyota's top female executive, Hamp, steps down after arrest in Japan

4:34 am U.S. ET | July 1, 2015

Toyota said Julie Hamp, its first female managing officer, had resigned following her arrest last month on suspicion of illegally importing the painkiller oxycodone into Japan. Hamp, 55, notified Toyota of her intent to resign, the company said in a statement today....
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Japanese automakers to subsidize hydrogen station operating costs

6:25 am U.S. ET | July 1, 2015

Toyota, Nissan and Honda plan to help cover the cost of operating hydrogen stations in the country to popularize cars powered by fuel cells....
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Suzuki patriarch appoints son as president and likely successor

5:50 am U.S. ET | June 30, 2015

Osamu Suzuki, the outspoken patriarch of Suzuki Motor, positioned his son Toshihiro as his successor, appointing him president and COO of the family's namesake carmaker. Osamu Suzuki will keep his positions as chairman and CEO....
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Toyota's new shares are popular in Japan

10:17 am U.S. ET | June 30, 2015

Japanese retail investors are flooding stock brokers with orders for a new class of Toyota shares, indicating the carmaker can fetch a good price for the issue and secure a new group of long-term investors....
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How U.S. chickens led to Japanese truck plants

12:01 am U.S. ET | June 29, 2015

The so-called chicken tax has played a significant role in shaping the U.S. auto market....
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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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