The Japan Times1d ago
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 Times5d ago
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 Times5d ago
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
The Japan Times6d ago
Nissan said Chief Financial Officer Jeremie Papin would step down for personal reasons, with the struggling Japanese carmaker appointing a long-serving executive to replace him. https://www.japantimes.co.jp/business/2026/03/11/companies/nissan-cfo-replace/?utm_medium=Social&utm_source=mastodon #business #companies #nissan #carmakers
Nissan replaces CFO as carmaker struggles with turnaround

The personnel change comes as pressure is mounting on the carmaker to refresh an aging lineup in order to reignite demand.

The Japan Times
The Japan TimesMar 7
Japan has sought assurances it will not be treated less favorably under new U.S. tariffs as trade minister Ryosei Akazawa met with his U.S. counterpart on Friday. https://www.japantimes.co.jp/business/2026/03/07/economy/japan-us-trade-chiefs-talk/?utm_medium=Social&utm_source=mastodon #business #economy #ryoseiakazawa #tariffs #donaldtrump #trade #carmakers #us #japaneseeconomy #usjapanrelations
Japan asks U.S. not to treat it unfavorably under new tariffs

Trade minister Ryosei Akazawa sought assurances from his U.S. counterpart that the latest U.S. tariffs would not disadvantage Japan.

The Japan Times
The Japan TimesMar 4
Akazawa is heading to the U.S. to discuss more projects under Japan’s $550 billion pledge and to ensure that Japan is not worse off under new tariffs. https://www.japantimes.co.jp/business/2026/03/04/economy/akazawa-trip-12/?utm_medium=Social&utm_source=mastodon #business #economy #ryoseiakazawa #tariffs #donaldtrump #trade #carmakers #us #japaneseeconomy #usjapanrelations
Akazawa heading to U.S. to discuss more projects under $550 billion pledge

Three projects have already been agreed upon and others could be concluded soon.

The Japan Times
The Japan TimesMar 2
As Japan struggles with a nationwide shortage of drivers, automakers, telecommunications companies and startups are ramping up efforts to introduce autonomous driving on local public bus routes. https://www.japantimes.co.jp/business/2026/03/02/companies/japan-firms-self-driving/?utm_medium=Social&utm_source=mastodon #business #companies #selfdriving #ai #carmakers #cars #electricvehicles #toyota #nttdocomo
Toyota and Docomo among firms tapping self-driving to ease local transport woes

Amid a nationwide shortage of drivers, broad adoption of autonomous driving will rest on establishing strong safety measures and cutting costs.

The Japan Times
The Japan TimesFeb 26
Some Japanese automakers have fully met union demands for hikes in monthly wages and annual bonuses in this year’s spring labor-management negotiations. https://www.japantimes.co.jp/business/2026/02/26/japan-automakers-pay-hikes/?utm_medium=Social&utm_source=mastodon #business #wages #carmakers #cars #mazda #mitsubishi #yamaha
Mazda, Mitsubishi and Yamaha fully meet union wage hike demands

The companies are apparently aiming to maintain pay hike momentum amid the tough business environment caused by U.S. tariffs.

The Japan Times
The Japan TimesFeb 20
A second round of projects are under consideration for Japan’s $550 billion pledge, and next-generation nuclear reactors might be on the short list. https://www.japantimes.co.jp/business/2026/02/20/economy/second-round-pledge/?utm_medium=Social&utm_source=mastodon #business #economy #ryoseiakazawa #tariffs #donaldtrump #trade #carmakers #us #japaneseeconomy #usjapanrelations
Second round of projects under consideration for Japan’s $550 billion pledge

Next-generation nuclear reactors might be on the short list, reports say.

The Japan Times
The Japan TimesFeb 18
Trump selected three projects to be funded by Japan under its $550 billion capital commitment, and a strategically important synthetic diamond factory is on the list. https://www.japantimes.co.jp/business/2026/02/18/economy/us-japan-project/?utm_medium=Social&utm_source=mastodon #business #economy #ryoseiakazawa #tariffs #donaldtrump #trade #carmakers #us #japaneseeconomy #usjapanrelations
Trump selects three projects to be funded under Japan's $550 billion pledge

Japan and the U.S. have agreed on the first round of projects to be funded by Japan, and a strategically important synthetic diamond factory is on the list.

The Japan Times