The Japan Times7h ago
The U.S. and Israeli strikes on Iran last month plunged the Middle East into crisis, disrupted global shipping routes and spawned a series of headaches for used-car businesses in Japan and South Korea. https://www.japantimes.co.jp/business/2026/03/25/markets/war-asia-used-car-trade/?utm_medium=Social&utm_source=mastodon #business #markets #cars #carmakers #trade #shipping #southkorea #us #donaldtrump #middleeast #iran
Lamborghinis stranded in Sri Lanka as war disrupts Asia's used-car trade

Japan and South Korea exported a combined $19 billion worth of used cars last year, with Japan accounting for a little ⁠more than half of that.

The Japan Times
The Japan Times1d ago
Toyota plans $1 billion investment in two of its U.S. plants to increase production and prepare one factory for electric vehicle manufacturing. https://www.japantimes.co.jp/business/2026/03/24/companies/toyota-america-billion/?utm_medium=Social&utm_source=mastodon #business #companies #toyota #electricvehicles #cars #carmakers #us #usjapanrelations
Toyota plans $1 billion investment in two of its U.S. plants

The automaker is increasing production and preparing one plant for electric vehicle manufacturing.

The Japan Times
TinJar1d ago
www.ft.com/content/1198... "12 global #carmakers are scaling back their #electric #vehicle plans amid stubborn demand for #combustion #engines and a rollback of supportive policies in both the #US and #Europe " Suicidal in every way you can think. #oil #EV #batteries #transportation #cars

Global carmakers retreat en ma...
Global carmakers retreat en masse from electric vehicle plans

Rolls-Royce is latest of more than a dozen groups to change course as demand for petrol engines persists

Financial Times
TinJar1d ago

https://www.ft.com/content/1198863d-4974-4c4d-be5f-9e7152045b26

"12 global #carmakers are scaling back their #electric #vehicle plans amid stubborn demand for #combustion #engines and a rollback of supportive policies in both the #US and #Europe "

Suicidal in every way you can think.

#oil #fossilfuels #EV #batteries #solar #wind #China #climate #climatechange #climatecrisis #transportation #cars #mobility

Global carmakers retreat en masse from electric vehicle plans

Rolls-Royce is latest of more than a dozen groups to change course as demand for petrol engines persists

Financial Times
Truone3d ago
European carmakers are quickly losing the EV market to Chinese competition
https://www.theguardian.com/business/2026/mar/21/west-carmakers-retreat-electric-vehicle-risks-irrelevance-iran-war-evs-china?CMP=Share_iOSApp_Other
politics #politics #politician #news #globalnews #ev #internationalnews #trump #electric #byd #vw #china #europe #eu #climate #climatechange #carmakers #bmw #competition
‘It’s stupid’: why western carmakers’ retreat from electric risks dooming them to irrelevance

Iran war should be wake-up call about costs of not going full throttle towards EVs as Chinese have done, experts say

The Guardian
Charles Should3d ago

‘It’s stupid’: why western carmakers’ retreat from electric risks dooming them to irrelevance

That is probably a valid business view if your term as a CEO finishes in two years,” she added. “That is a stupid view if you still want to be in the car market in 2035

#EV #Europe #Carmakers #FuelLobby
#Germany

https://www.theguardian.com/business/2026/mar/21/west-carmakers-retreat-electric-vehicle-risks-irrelevance-iran-war-evs-china?CMP=Share_AndroidApp_Other

‘It’s stupid’: why western carmakers’ retreat from electric risks dooming them to irrelevance

Iran war should be wake-up call about costs of not going full throttle towards EVs as Chinese have done, experts say

The Guardian
The Japan Times5d ago
Early signs seem to point to Asian electric vehicle makers such as China's BYD and Vietnam's VinFast benefiting from a surge in crude oil prices due to the U.S.-Israeli war with Iran. https://www.japantimes.co.jp/business/2026/03/20/companies/byd-oil-surge-benefit/?utm_medium=Social&utm_source=mastodon #business #companies #china #byd #electricvehicles #phillipines #vietnam #iran #carmakers
BYD showrooms are bustling across Asia after Iran oil shock

Early signs point to Asian electric vehicle makers such as China's BYD benefiting from a surge in crude oil prices due to the Persian Gulf conflict.

The Japan Times
The Japan TimesMar 16
Honda Motor invested too much and too late into a short-lived electric vehicle boom, and now finds itself saddled with an aging line-up and questions about its future as an automaker. https://www.japantimes.co.jp/business/2026/03/16/honda-ev-troubles/?utm_medium=Social&utm_source=mastodon #business #honda #cars #carmakers #electricvehicles
Honda’s car troubles began long before its disastrous bet on EVs

The carmaker invested too much and too late into a short-lived electric-vehicle boom, and now finds itself saddled with an aging line-up and questions about its future.

The Japan Times
The Japan TimesMar 12
Honda Motor expects charges of up to ¥2.5 trillion as it rethinks its EV strategy, with the Japanese carmaker joining a growing list of global brands battered by the unraveling EV transition. https://www.japantimes.co.jp/business/2026/03/12/companies/honda-ev-loss/?utm_medium=Social&utm_source=mastodon #business #companies #honda #cars #carmakers #electricvehicles
Honda warns of ¥2.5 trillion charge on global EV downturn

The carmaker said Thursday that it would cancel the development and launch of three EV models that had been planned for North America.

The Japan Times
The Japan TimesMar 11
Nissan fully accepted the labor union's pay increase demand during this year's spring wage negotiations. https://www.japantimes.co.jp/business/2026/03/11/nissan-wage-demand/?utm_medium=Social&utm_source=mastodon #business #nissan #wages #shunto #carmakers
Nissan accepts union's wage hike demand in full

The struggling Japanese automaker agreed to raise monthly salaries by ¥10,000, including pay scale increases, and to provide bonuses equivalent to five months' salary this year.

The Japan Times