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April 01, 2025
 

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CARMAKERS

Toyota posted its first quarterly profit drop in two years, as slowing sales and production volume stalled the world's top-selling automaker's recent record run.
BUSINESS / Companies
Nov 6, 2024
Toyota keeps profit outlook despite weakness in Japan and China
The carmaker showed signs of recovery from domestic scandals in Japan and major recalls in the United States.
The e Vitara is Suzuki's global strategic EV model, which will also be supplied to leading Japanese automaker Toyota Motor.
BUSINESS / Companies
Nov 5, 2024
Suzuki unveils first mass-market electric vehicle
The model, the e Vitara SUV, will be launched in Japan, Europe and India starting around the summer of 2025.
Toyota is expected to report a 14% year-on-year operating profit decline in July-September, to ¥1.2 trillion ($7.9 billion), according to an average estimate by analysts.
BUSINESS / Companies
Nov 5, 2024
Toyota to post first profit drop in 2 years as demand cools after big run
Toyota is expected to report a 14% year-on-year operating profit decline in July-September, to ¥1.2 trillion ($7.9 billion), according to an average estimate by analysts.
New cars parked at Yantai port, in eastern China's Shandong province, on Oct. 21
BUSINESS / Economy
Oct 31, 2024
China tells carmakers to halt investment in some EU states, sources say
New EU tariffs on Chinese-built electric vehicles have prompted retaliation from Beijing.
Maruti Suzuki, which is majority-owned by Suzuki Motor, will begin production of a new EV from spring 2025 at its plant in the western Indian state of Gujarat.
BUSINESS / Companies
Oct 30, 2024
Toyota to get Suzuki's first-ever EV as partnership expands
Maruti Suzuki, which is majority-owned by Suzuki, will begin production of the EV from spring 2025 in Gujarat, India.
The Xiaomi SU7 Ultra on stage during its launch in Beijing on Tuesday. The Chinese tech company made its foray into the EV industry earlier this year.
BUSINESS / Companies
Oct 30, 2024
Xiaomi launches faster version of flagship EV in a challenge to Tesla
Xiaomi entered China's crowded EV market in March with the launch of its hit SU7.
Toyota's worldwide production fell for an eighth straight month in September, as both sales and output declined in its two biggest markets, the United States and China.
BUSINESS / Companies
Oct 30, 2024
Toyota sales fall in Japan and China, as hybrid demand grows in U.S.
Toyota’s sales in Japan shrank nearly 17% this year between January and September.
New cars, among them new China-built electric vehicles of the company BYD, are seen parked in the port of Zeebrugge, Belgium.
BUSINESS / Markets
Oct 30, 2024
EU slaps tariffs on Chinese EVs, risking Beijing backlash
The European Union has decided to increase tariffs on Chinese-built electric vehicles to as much as 45.3%.
Toyota Motor and Nippon Telegraph and Telephone will spend ¥500 billion together on a project to develop the traffic accident prevention technology, and aim to commercialize it in 2028.
BUSINESS / Companies
Oct 29, 2024
Toyota and NTT to jointly develop driver assistance technology that uses AI
The ¥500 billion project will use artificial inteligence and optical communication infrastructure, aiming to commercialize by 2028.
General Motors CEO Mary Barrabefore an investor meeting in Spring Hill, Tennessee, on Oct. 8. Barra said that the company had fixed battery-manufacturing problems and that its electric vehicles would soon be profitable.
BUSINESS / Companies
Oct 24, 2024
Electric vehicles may be struggling. GM’s leader is still a believer.
General Motors CEO Mary Barra says the company is still committed to doing away with combustion engine cars in the United States by 2035.
Honda CR-V sports utility vehicles bound for shipment at a port in Yokohama in May 2022. Honda is recalling more than 720,800 vehicles in the U.S. over concerns that a high-pressure fuel pump may crack and leak fuel, the National Highway Traffic Safety Administration has said.
BUSINESS
Oct 23, 2024
Honda recalling 780,000 vehicles in North America on fuel pump concern
The recall includes certain Accord, CR-V Hybrid and Honda Civic vehicles from model years 2023-25, the National Highway Traffic Safety Administration has said.
The Zeekr Mix at the Beijing Auto Show
BUSINESS / Tech
Oct 21, 2024
Mixing hotpot with horsepower. Have Chinese car gimmicks gone too far?
A recent Zeekr campaign underscores the lengths Chinese EV makers will go to to stand out in an ultracompetitive market.
Toyota Research Institute and Boston Dynamics are set to conduct research on use cases for AI-trained robots in areas such as human-robot interaction.
BUSINESS / Companies
Oct 17, 2024
Toyota joins with Hyundai's Boston Dynamics on AI-powered robots
Toyota has said it has made a breakthrough with artificial intelligence in teaching robots to learn.
Renault R4 E-Tech electric cars are displayed during the media day at the 2024 Paris Motor Show on Monday.
BUSINESS
Oct 15, 2024
China-Europe rivalry heats up at Paris car show as EV tariffs loom
Struggling European automakers need to prove they are still in the game, while Chinese rivals are aiming to get a foothold in a competitive market.
A Haas F1 car branded with Toyota Gazoo Racing on Friday at Fuji Speedway in Shizuoka Prefecture
MORE SPORTS / Auto Racing
Oct 12, 2024
Toyota returns to F1 with Haas technical partnership
Toyota Gazoo Racing will become Haas' official technical partner with both parties sharing expertise, knowledge and resources.
Thursday night's electronic dance music-infused event had the signature trappings of Elon Musk's salesmanship, but some Tesla investors and experts said they were hoping for more concrete details.
BUSINESS / Tech
Oct 12, 2024
Tesla's robotaxi event was long on Musk promises. Investors wanted more details.
Concrete details on how the company plans to transform from an automaker into an autonomous driving and artificial intelligence titan were missing.
Tesla CEO and X owner Elon Musk rides in Tesla's robotaxi at an unveiling event in Los Angeles on Thursday.
BUSINESS / Tech
Oct 11, 2024
Tesla CEO Musk unveils Cybercab and Robovan as focus shifts to automation
Musk said Cybercab production will start in 2026, with the autonomous taxis available to buy for less than $30,000.
A showroom in Budapest for electric vehicles made by BYD, a Chinese auto manufacturer, on Sept. 16
BUSINESS / Tech / ANALYSIS
Oct 7, 2024
Climate change and economics muddy West's drive to curb Chinese EVs
EU states have voted to impose tariffs on electric vehicles made in China, but experts say this complicates the push to get cleaner cars on the road.
A Geely assembly line in Chengdu, China, in April 2023
BUSINESS
Oct 4, 2024
EU presses ahead with Chinese EV tariffs after split vote
The proposed duties on Chinese-built EVs of up to 45% would cost carmakers billions of extra dollars to bring cars into the bloc.
Toyota is delaying the start of production for its first U.S.-made electric vehicle until 2026.
BUSINESS / Companies
Oct 3, 2024
Toyota pushes production of first U.S.-made electric vehicle into 2026
The Japanese carmaker initially targeted late next year to begin output, but a company spokesperson said that has slipped by a few months into 2026.
Japan's biggest beef bowl chain Sukiya to shut nearly 2,000 stores after rat and bug contamination
Zensho Holdings, operator of fast-food chain Sukiya, said it will close all of its stores in Japan, except for a small number in shopping centers, between Monday and Friday following recent contamination incidents.
Alert raised for volcano in southwestern Japan
Shinmoedake, a volcano located between Miyazaki and Kagoshima prefectures, in November 2019
Japan considers all possible options as Trump threatens new auto tariffs
Subaru cars awaiting export at a port in Yokohama on Thursday.
Nankai Trough earthquake could kill 298,000 people, government says
Residents participate in an evacuation drill held with West Japan Railway in Shirahama, Wakayama Prefecture, in January 2024 to prepare for a Nankai Trough earthquake and a possible tsunami following the quake.
A Canadian made a weekend trip to Costco a Japanese pastime
Under the watchful eye of Ken Theriault, Costco representative director and Japan country manager, the American membership-model wholesaler has flourished in Japan.
A Canadian made a weekend trip to Costco a Japanese pastime
Under the watchful eye of Ken Theriault, Costco representative director and Japan country manager, the American membership-model wholesaler has flourished in Japan.
Tokyo tech failures lean into misfortune, mistakes and missteps
Tsuyoshi Domoto in Tokyo's Shinjuku Ward on March 28. As an entrepreneur, Domoto experienced plenty of setbacks but maintains a positive attitude and continues to pursue his dreams.
Who among the opposition would join the ruling coalition?
Prime Minister Shigeru Ishiba enters his office in Tokyo on Friday.
Traveling the Three-Star Road, the tourist route made from thin air
Scenes like this snow-covered bridge leading to the village of Shirakawa-go are what make the Three-Star Road worth traveling — its name notwithstanding.
Recent spate of wildfires in Japan and South Korea linked to climate change
Smoke and flames rise from a wildfire in Andong, South Korea, on Tuesday.

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