Naoto Okamura

The Chinese EV maker is one of only three foreign carmakers that will set up their booths and showcase their models at the Japan Mobility Show, along with German brands BMW and Mercedes-Benz.

Subaru, which announced strong gains in quarterly earnings, plans a rapid EV ramp-up by offering an eight-EV lineup globally and building them locally in the U.S. in an attempt to sell 400,000 full-electric cars in the U.S. starting around 2028.

The world's largest automaker warned that lagging performance in the important North American market is sapping the carmaker's ability to invest heavily in EV production.

Organizers expect about 220 companies, plus 100 startups competing in a business pitch contest. That compares with the 192 companies that attended the 2019 Tokyo Motor Show.

A global shipping shortage is causing Mazda to scramble to secure enough sea transport to feed soaring U.S. demand for its vehicles, especially crossovers such as the new CX-90.

Subaru plans a four EV lineup by the end of 2026 and will add capacity to build 400,000 full-electric cars in Japan starting around 2028. Operating profits nearly tripled in the company’s fiscal year ended March 31.

The memorial of legendary former Toyota Chairman Shoichiro Toyoda serves as a well-timed inspiration for rekindling Toyota's killer instinct.

Atsushi Osaki, Subaru's next CEO, says the automaker will respond quickly to market trends such as electrification and will seek to grow in the U.S. and new markets such as Australia. In addition, Subaru of America said Tom Doll will step down as CEO and assume a role as corporate adviser at the company’s U.S. headquarters.

Toyota's next CEO, Koji Sato, is changing the automaker’s leadership lineup to better compete in a challenging new era. Meanwhile, the automaker said operating profit improved 22 percent in the recent fiscal quarter.

Subaru's upcoming EVs would be in addition to the only full-electric vehicle currently in the lineup, the Solterra crossover co-developed with Toyota. Subaru wants to derive 40 percent of its global sales from battery electrics and hybrids by 2030.

By wrangling alternative semiconductor sourcing, building direct ties to chip makers and communicating more closely with suppliers, Toyota has gradually bolstered production plans.

Organizers hope the Tokyo auto show will reboot international interest in Asia’s one-time premier auto event and in Japan as a technology leader.

Honda and Nissan are sounding upbeat as they raise full-year earnings forecasts, citing progress in sorting out the semiconductor shortage and improved profitability.

Mazda hopes to add a second shift to its new Alabama plant as it struggles with staffing amid low unemployment in the U.S. state, where it makes the CX-50.

The sales and servicing plan for Honda's EV partnership with Sony is still under discussion. But Honda's network of more than 1,000 U.S. dealers are well situated to service the new cars, the automaker's CFO said.