Toyota sales fell slightly in February, hurt by aggressive competition in EVs in China and weak demand at home in Japan, with the numbers not yet reflecting the impact of the Iran conflict.
https://www.japantimes.co.jp/business/2026/03/30/companies/toyota-sales-fall/?utm_medium=Social&utm_source=mastodon #business #companies #toyota #nissan #honda #cars #carmakers #middleeast
Toyota sales fall, while Japan’s automakers brace for Iran impact
The carmaker was hurt by aggressive competition in electric vehicles in China and weak demand at home in Japan.
The Japan Times
Bikes keep Honda afloat, yet even that business is under pressure
The company's costly misfire on electric cars has dramatically increased the stakes for it to avoid making the same mistakes with motorcycles.
The Japan TimesThe 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
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 Timeswww.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 #carsGlobal 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
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
‘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‘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
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 TimesHonda 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