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November 22, 2024
 

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CARMAKERS

A worker at the Ford F-150 Lightning plant in Dearborn, Michigan in April last year. New government rules will try to shift more production of electric vehicle batteries and the materials that power them to the United States.
BUSINESS
Dec 2, 2023
U.S. sets limits on Chinese content to receive EV tax credits
The guidelines establish a 25% ownership threshold for a company or group to be classified as a foreign entity of concern.
A sign is seen outside a Tianjin Faw Toyota Motor showroom, a joint venture between China's Tianjin FAW Xiali Automobile and Toyota Motor, in central Beijing, in October 2012.
BUSINESS / Companies
Dec 2, 2023
Toyota says it halts some Tianjin operations after report
Toyota Motor has halted production on some aging lines at joint venture in China while operations continue as normal.
Tesla's new Cybertruck is displayed at a Tesla store in San Diego on Nov. 20.
BUSINESS
Dec 1, 2023
Tesla's Cybertruck is priced 50% higher than initial estimate
Cybertruck's new body material and unconventional, futuristic styling has added complexity and costs to production.
Strong shipments of cars, especially to the U.S., helped push up Japan’s industrial production more than expected in October.
BUSINESS / Economy
Nov 30, 2023
Japan's factory output beat expectations in October
Improvement in supply chains bolstered automakers while inventory adjustments underpinned the electronics parts industry.
GMC Hummer electric vehicles on the production line at General Motors' Factory ZERO all-electric vehicle assembly plant in Detroit, Michigan, on Nov. 17.
BUSINESS / Companies
Nov 30, 2023
GM commits billions to shareholder returns as EV push stalls
"We have confidence in the cash generation of this company”
Honda will invest ¥500 billion in its electric motorcycle business by 2030.
BUSINESS / Companies
Nov 30, 2023
Honda to invest $3.4 billion in electric motorcycles by 2030
The company plans to introduce 30 new electric motorcycle models worldwide by the same year.
Wrong parts may have been used in the vehicle-assembly process of minivans, leading to Toyota's latest production line suspension.
BUSINESS / Companies
Nov 29, 2023
Toyota halts production lines at plant again
Wrong parts may have been used in the vehicle-assembly process of the Noah and Voxy minivans, leading to the suspension, the firm said.
Toyota posted record October global sales and production on strong demand for its cars in North America and Europe.
BUSINESS / Companies
Nov 29, 2023
Toyota's October global output hits record despite supplier issue
The world's largest automaker by sales said it produced 900,285 vehicles worldwide, up 16.7% from the same period a year earlier.
Toyota Motor, Toyota Industries and Aisin are planning to sell Denso shares worth a total of about ¥700 billion, sources said, which would be the second-biggest such share offering in Japan this year.
BUSINESS / Companies
Nov 29, 2023
Toyota plans $4.7 billion sale of Denso stake as EV pivot looms
The sale of shares in Denso would mark the latest step by the automaker to cash in on stakes in affiliates as it ramps up production of electric vehicles.
A worker inside the Envision battery manufacturing plant at Nissan's Sunderland factory in Britain in July 2021.
BUSINESS / Companies
Nov 24, 2023
Nissan to invest $1.4 billion to build two new EV models in Britain
Plans for electric versions of crossover models will require an investment of up to £2 billion in a third battery plant and infrastructure projects.
Kyle Vogt speaks on stage at the launch of the Cruise Origin autonomous vehicle in San Francisco in January 2020.
BUSINESS / Tech
Nov 20, 2023
CEO of GM's Cruise robo taxi unit resigns amid U.S. safety review
His resignation follows weeks of turmoil at the unit, which is undergoing a safety review after one of its vehicles dragged a pedestrian.
Coffee is served from a Toyota-developed fuel cell food truck at an event in Hita, Oita Prefecture, in October.
BUSINESS / Tech / Regional voices: Chubu
Nov 13, 2023
Toyota's fuel cell vehicles include food trucks and mobile offices
The carmaker is offering a variety of ways to utilize FCVs by taking advantage of their lack of tailpipe emissions and ability to generate electricity.
Toshihiro Mibe, president and chief executive officer of Honda at the Japan Mobility Show, in Tokyo in October
BUSINESS / Companies
Nov 12, 2023
Booming profits bolster Japan automakers’ cautious EV shift
The Japanese auto sector is on track this year to exceed its peak operating profit of around ¥5.4 trillion in fiscal 2015.
An assembly line at Honda Motor's Performance Manufacturing Center in Marysville, Ohio, in November 2016
BUSINESS / Companies
Nov 11, 2023
Honda will give autoworkers 11% raise after UAW’s big wins
While nonunion automakers race to boost pay and keep the union out of its gates, the UAW is trying to organize foreign-owned factories in the U.S.
Honda raised its full-year net profit forecast to ¥930 billion.
BUSINESS / Companies
Nov 9, 2023
Honda and Nissan hike full-year forecasts
The car giants, however, also pointed out that fierce price competition in China was posing a challenge for Japanese automakers.
A Nissan auto dealership in the Botafogo neighborhood of Rio de Janeiro, Brazil. The firm hopes to more than double its market share in Brazil, to 7% from the current 3.4% in 2026.
BUSINESS / Companies
Nov 8, 2023
Nissan to invest $575 million in Brazil as it aims to double share
Nissan hopes to more than double its market share in Brazil, to 7% from the current 3.4% in 2026.
While Toyota has avoided the kind of hit other Japanese automakers have taken in China from a shift to electric vehicles and the rise of domestic brands, it still faces pressure in the world's biggest auto market.
BUSINESS / Companies
Nov 7, 2023
Toyota extends output cut at Chinese JV to ease dealer pressure
The automaker has told dealers that it will extend a plan to reduce output at one of its joint ventures in China, where it faces rising competition.
NTT plans to test driverless vehicle technology with Toyota and invest in a U.S. startup.
BUSINESS / Companies
Nov 7, 2023
NTT to test driverless tech with Toyota and invest in U.S. startup
NTT aims to start tests with autonomous buses and taxis as early as 2025 and invest about ¥10 billion ($66.91 million) in U.S. startup May Mobility.
Tesla Model 3 vehicles at the company's factory in Shanghai in January 2020
BUSINESS
Nov 5, 2023
Cooling EV sales have Tesla, GM and Ford rethinking investments
While the battery-powered vehicle market is still expanding, the pace of growth has slowed considerably.
Toyota President Koji Sato speaks next to an FT-3e electric vehicle at the Japan Mobility Show in Tokyo on Oct. 25.
BUSINESS / Companies
Nov 1, 2023
Toyota raises profit forecast 50% on weak yen, record sales
With an unprecedented 5.6 million vehicles sold in April-September, Toyota is on track for its 11.4 million-unit goal.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Ishiba aggravates his own political failures with diplomatic faux pas
Prime Minster Shigeru Ishiba is greeted at the APEC summit in Lima by Canadian Prime Minister Justin Trudeau on Friday. The Japanese leader was criticized for remaining seated while meeting several world leaders at the event.
Japan's 3.31 million visitors in October set monthly record
Kiyomizu Temple in Kyoto in December 2023. Famous autumn leaf colors contributed to increased tourism demand last month from many markets across Asia, Europe and North America, the Japan National Tourism Organization has said.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
Ruling coalition and DPP strike last-minute deal over economic policy
DPP policy chief Makoto Mahaguchi speaks at the party's policy gathering in Tokyo on Wednesday.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.
Japanese expats in Asia find community through rugby
The Taiwan Fivewoods celebrate their victory at the 2023 Asian Japanese Rugby Cup in December of last year.
In Fukushima, a weekend of prose, poetry and translation
Aomori-based writer JJ Carter presented on tabletop gaming as creative inspiration for building characters and narratives.
For Dr. Nakamats, aging is just experience in action
Though he didn't win the recent gubernatorial election in Tokyo, the 96-year-old Dr. Nakamats' run was seen as inspirational in Japan's aging society.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?
By Kathryn Wortley

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SWCC keeps changing with keyword ‘new challenges’

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