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November 21, 2024
 

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CARMAKERS

Toyota Customizing & Development, founded in April 2018 and 90.5% owned by Toyota, develops vehicles on behalf of the parent firm.
BUSINESS / Companies
Jun 30, 2024
Toyota unit violates subcontract law
The Fair Trade Commission will shortly recommend that TCD take steps to prevent a recurrence of similar misconduct, sources said.
Toyota has been looking to cash in on stakes in affiliates as it steps up development and production of battery-powered vehicles.
BUSINESS
Jun 27, 2024
Toyota and affiliates to offload some $1 billion in Aisin shares
Toyota Motor and two affiliates will divest at least 12.5% of supplier Aisin
Workers assemble second-generation R1 vehicles at electric carmaker Rivian's manufacturing facility in Normal, Illinois, on Friday.
BUSINESS / Companies
Jun 26, 2024
Volkswagen's $5 billion investment in Rivian boosts EV maker's shares
The investment will provide Rivian the funding necessary to develop its less expensive and smaller R2 SUVs, and help it turn cash-flow positive.
Shareholders at Toyota's annual general meeting, held in Toyota, Aichi Prefecture, on June 18
BUSINESS / Companies
Jun 26, 2024
Toyota chair's pay raised to $10 million despite safety probe
The total made Akio Toyoda the highest paid Japanese executive for a third straight year.
A BYD Seal electric sedan displayed in Tokyo on Tuesday
BUSINESS / Companies
Jun 25, 2024
BYD releases third EV in Japan as sales struggle to take off
Overall, BYD's sales in Japan fell 26% in April from a year earlier, and 28% in May.
Nissan's Hyper Force at the Beijing Auto Show in Beijing on May 3
BUSINESS / Companies
Jun 23, 2024
Nissan closes car plant in China
The closure on Friday came amid the rapid spread of electric vehicles in China, which has led to serious sales slumps for Japanese automakers.
The holding lot of the Shanghai Automotive Industrial Corporation-Volkswagen joint venture in Shanghai in April 2023. As the European Union moves to impose tariffs on Chinese cars, Germany, with an auto industry deeply enmeshed with China, is stuck in the middle.
BUSINESS
Jun 23, 2024
Germany hopes to head off a trade war with China
China’s EV exports threaten European automakers, but companies like Volkswagen have extensive operations in China and fear retaliatory actions by Beijing.
Nissan's Leaf electric vehicle, equipped with autonomous driving technology, during a test ride in the Yokohama Minato Mirai area in Yokohama in May
BUSINESS / Companies
Jun 21, 2024
Japan focuses on smart cars as automakers fall behind U.S. and China
While driving assistance technology and map navigation features are installed in Japanese cars, they lack more advanced features.
Honda CEO Toshihiro Mibe holds a news briefing at the Japan Mobility Show 2023 in Tokyo on Oct. 25.
BUSINESS / Companies
Jun 19, 2024
Honda CEO apologizes to shareholders for test fraud
Shareholders voted to approve a proposal to reappoint Toshihiro Mibe and other directors to Honda's board.
Inmates at the Sirindhorn Vocational Training School in Nakhon Pathom province in Thailand receive training on March 21 using an engine donated by Nissan.
JAPAN / Society
Jun 19, 2024
Japan-aided juvenile training facility in Thailand offers route away from crime
Support provided by Japanese firms to the Sirindhorn Vocational Training School includes the provision of training equipment.
Tuesday's shareholders meeting was held at the company’s headquarters in the city of Toyota, Aichi Prefecture.
BUSINESS / Companies
Jun 18, 2024
Shareholders deliver vote of confidence to Toyota and Toyoda
They stood their ground against the advice of the world’s most influential proxy advisory services urging them to reject Toyoda's reappointment to the board.
Chinese President Xi Jinping reviews the honor guard at the Great Hall of the People in Beijing last month. China is likely to adopt limited and targeted retaliation against the European Union after the bloc unveiled tariff increases on Chinese electric cars.
ASIA PACIFIC / Politics
Jun 14, 2024
China likely to retaliate in targeted ways after Europe raises levies on EVs
Beijing is expected to avoid an excessive response that encourages further trans-Atlantic alignment against China.
Shareholder approval of the $56 billion pay package serves as both an endorsement of Elon Musk's tenure and an acknowledgment that investors do not want to risk Tesla's future.
BUSINESS / Tech
Jun 14, 2024
Tesla's Musk wins shareholder approval for $56 billion pay package
The approval does not, however, resolve a lawsuit on the pay package in a Delaware court.
Honda unveiled small electric commercial van N-VAN e: on Thursday.
BUSINESS / Companies
Jun 13, 2024
Honda to start selling micro-sized electric vans in October
Honda is determined to pursue EVs despite a slowdown in global demand
A BYD Atto 3 electric SUV on the streets of Frankfurt, Germany, on Feb. 21, 2023
BUSINESS / Economy
Jun 13, 2024
EU hits Chinese EVs with tariffs, drawing rebuke from Beijing
The move comes less than a month after the U.S. announced plans to quadruple duties for Chinese EVs.
Transport ministry officials enter Mazda's headquarters in Fuchu, Hiroshima Prefecture, on Monday.
BUSINESS / Companies
Jun 10, 2024
Honda and Mazda headquarters inspected over vehicle test fraud
The transport ministry last week searched the head offices of Toyota, Yamaha and Suzuki.
Suzuki's eVX electric vehicle at the Japan Mobility Show in Tokyo last October
BUSINESS / Companies
Jun 7, 2024
Suzuki to stop making cars in Thailand to focus on EV shift
The 12-year-old plant in Thailand’s Rayong province, southeast of Bangkok, has an annual production capacity of 60,000 units.
Toyota has temporarily stopped manufacturing its Corolla Fielder and Corolla Axio models following the data falsification scandal.
BUSINESS / Companies
Jun 6, 2024
Japan looks to minimize economic fallout of auto-test falsifications
The top government spokesman has described fraudulent activity uncovered this time as "minimal" compared to that of Daihatsu, which spanned decades.
Toyota Chairman Akio Toyoda bows at a news conference in Tokyo on Monday, the day the automaker said it had suspended domestic shipments of three car models after falling foul of government certification rules.
COMMENTARY
Jun 6, 2024
Why Toyota's so-called safety scandal is a 'nothingburger'
Unlike the Volkswagen Dieselgate scandal, there have been no recalls, and Japanese vehicles have passed retests without issues.
Officials from the transport ministry arrive for an inspection at Toyota headquarters in the city of Toyota, Aichi Prefecture, on Tuesday.
BUSINESS / Companies
Jun 5, 2024
Toyota car certification probe prompts calls for rules review
Despite revisions since the standards were enacted in 1951, regulations haven’t kept up with the times, an analyst wrote in a report.
Ishiba delays meeting with Trump, citing legal restrictions
Prime Minister Shigeru Ishiba waves upon arrival for the Asia-Pacific Economic Cooperation forum, in Callao, Peru, on Friday.
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.
Rising sex tourism exposes loopholes in Japan's anti-prostitution law
While financial misfortunes during the COVID-19 pandemic may have driven some women to work the streets, others simply want more money to spend — or want to pay off their debts — at host clubs.
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

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By Kathryn Wortley

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SWCC keeps changing with keyword ‘new challenges’

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