Exports and Imports

Honda: U.S. imports losing money

12:01 am U.S. ET | June 11, 2012
Honda Motor Co. is carefully allocating shipments of cars to the United States because its exports there from Japan are "losing money," CFO Fumihiko Ike said. Honda won't cut off all shipments of those imported nameplates, including the Fit subcompact and the Insight and CR-Z hybrids, Ike said. But he said the company needs to minimize the impact of such shipments on its balance sheet.... Read More »

 

Chinese supplier settles with U.S. over parts misclassified to avoid duties

2:59 pm U.S. ET | June 8, 2012
A Chinese auto supplier with local ties reached a settlement today with the federal Department of Justice on claims it misclassified parts made in China to avoid $2.5 million in duties.... Read More »

 

Emerging markets may export Toyotas to U.S.

12:01 am U.S. ET | June 4, 2012
Toyota Motor Corp.'s new blitz to gain business in emerging markets could pave the way for exports from those regions to the United States, executives say.... Read More »