Hon Hai Precision Industry wants Japan’s carmakers to know it’s willing to assemble electric vehicles for them, similar to how it makes PlayStations for Sony Group and iPhones for Apple. https://www.japantimes.co.jp/business/2025/04/09/companies/hon-hai-ev-business/?utm_medium=Social&utm_source=mastodon #business #companies #honhai #taiwan #carmakers #electricvehicles
If other #carmakers make similar moves, the #economic impact could be severe, leading to higher #car #prices & widespread #layoffs. The #tariffs on #cars are among the first of several industry-specific levies that #Trump has in his sights & could offer early clues about how businesses will respond to his #trade policies, including whether they raise #prices or increase manufacturing in the US. Trump also wants to #tax the imports of #medicines & #ComputerChips.
Japanese manufacturers are accelerating efforts to mitigate the economic impact of a massive earthquake forecast to occur in the Nankai Trough off the country's Pacific coast. https://www.japantimes.co.jp/news/2025/04/08/japan/japan-firms-nankai-trough-quake-risks/?utm_medium=Social&utm_source=mastodon #japan #earthquakes #nankaitrough #manufacturing #carmakers #cashless
Nearly 16 years after its abrupt withdrawal from the pinnacle of motorsports, Toyota has returned to the Formula One paddock in the form of a technical partnership with Haas. https://www.japantimes.co.jp/sports/2025/04/07/more-sports/haas-toyota-partnership-synergies/?utm_medium=Social&utm_source=mastodon #moresports #toyota #toyotagazooracing #haasf1team #ayaokomatsu #formulaone #japanesegrandprix #carmakers
Nissan Motor is considering shifting some domestic production of U.S.-bound vehicles to the U.S., the Nikkei reported on Saturday. https://www.japantimes.co.jp/business/2025/04/05/companies/nissan-production-us-shift/?utm_medium=Social&utm_source=mastodon #business #companies #nissan #carmakers #donaldtrump #trade #tariffs #fukuoka
Honda will partner with U.S. companies to test in orbit a renewable energy technology it hopes to one day deploy on the moon's surface. https://www.japantimes.co.jp/business/2025/04/05/tech/honda-space-tech-test/?utm_medium=Social&utm_source=mastodon #business #tech #honda #carmakers #us #space
Nissan says it will not take new orders from the United States for two Mexican-built Infiniti SUVs following new auto tariffs levied by the U.S. https://www.japantimes.co.jp/business/2025/04/04/companies/nissan-mexico-suvs-us-orders-stopped/?utm_medium=Social&utm_source=mastodon #business #companies #nissan #mexico #tariffs #us #carmakers #manufacturing
Business was already tough for auto parts maker Asahi Tekko, but with U.S. car tariffs due to bite this week, its president has a simple message for Donald Trump: "Give me a break." https://www.japantimes.co.jp/business/2025/04/02/companies/trump-tariffs-japan-auto-sector/?utm_medium=Social&utm_source=mastodon #business #companies #usjapanrelations #tariffs #trade #donaldtrump #shigeruishiba #carmakers #cars #tradewar
Japan has some good options and some credible leverage if it bargains with the United States over new tariffs set to take effect later this week, one economist argues. https://www.japantimes.co.jp/business/2025/04/02/economy/tariff-japan-cards/?utm_medium=Social&utm_source=mastodon #business #economy #usjapanrelations #tariffs #trade #donaldtrump #shigeruishiba #carmakers #cars #tradewar
Large Japanese businesses remained optimistic in the first quarter, even as the United States threatened heavy tariffs on products made by these companies. https://www.japantimes.co.jp/business/2025/04/01/economy/boj-tankan-april-2025/?utm_medium=Social&utm_source=mastodon #business #economy #boj #tankan #surveys #japaneseeconomy #inflation #carmakers #manufacturing #tariffs #tradewar #donaldtrump #us
Renault and Nissan have agreed to further loosen their long-term alliance, paving the way for more share sales as Nissan remains under pressure to shore up its finances. https://www.japantimes.co.jp/business/2025/04/01/companies/renault-nissan-reduction/?utm_medium=Social&utm_source=mastodon #business #companies #nissan #renault #carmakers
Prime Minister Shigeru Ishiba pledged to take thorough measures to protect local jobs from the Trump administration’s 25% tariff on U.S. car imports, which he said will have a "very big” impact on the nation’s economy. https://www.japantimes.co.jp/business/2025/03/28/economy/ishiba-job-protection-tariffs/?utm_medium=Social&utm_source=mastodon #business #economy #shigeruishiba #donaldtrump #tariffs #carmakers #jobs #japaneseeconomy #us
U.S. President Donald Trump’s planned tariffs on auto imports will hurt carmakers around the world, but billionaire Elon Musk’s Tesla looks to be least exposed to them. https://www.japantimes.co.jp/business/2025/03/28/companies/tesla-trump-tariff-winner/?utm_medium=Social&utm_source=mastodon #business #companies #tesla #elonmusk #donaldtrump #tariffs #trade #carmakers
For Japan and South Korea, tariffs announced by U.S. President Donald Trump represent a blow to domestic car industries that are both economic pillars and sources of national pride. https://www.japantimes.co.jp/business/2025/03/28/economy/trump-tariffs-asian-economies/?utm_medium=Social&utm_source=mastodon #business #economy #us #usjapanrelations #southkorea #carmakers #trade #donaldtrump
Japan is considering “all possible options” in response to newly announced U.S. tariffs on auto and auto part imports, Prime Minister Shigeru Ishiba said Thursday. https://www.japantimes.co.jp/business/2025/03/27/companies/auto-tariff-reax/?utm_medium=Social&utm_source=mastodon #business #companies #us #donaldtrump #canada #china #mexico #carmakers #trade #usjapanrelations
President Donald Trump said he will impose a 25% tariff on auto imports, expanding a trade war designed to bring more manufacturing jobs to the U.S. https://www.japantimes.co.jp/business/2025/03/27/markets/trump-auto-imports-25-tariff/?utm_medium=Social&utm_source=mastodon #business #markets #us #republicans #donaldtrump #canada #china #mexico #trade #carmakers #trade
U.S. President Donald Trump said on Monday automobile tariffs were coming soon, even as he indicated that not all of his threatened levies would be imposed on April 2 and that some countries may get breaks. https://www.japantimes.co.jp/business/2025/03/25/markets/trump-auto-tariffs-april-2-stocks/?utm_medium=Social&utm_source=mastodon #business #markets #us #republicans #donaldtrump #canada #china #mexico #trade #carmakers
Toyota is setting up its first research and development center in India through its local unit, signaling the market’s growing importance. https://www.japantimes.co.jp/business/2025/03/21/companies/toyota-india/?utm_medium=Social&utm_source=mastodon #business #companies #toyota #carmakers #suzuki #india #development
Hino Motors, a subsidiary of Toyota, pleaded guilty over a multiyear emissions fraud scheme in the United States and must pay $1.6 billion in penalties, the U.S. Justice Department said. https://www.japantimes.co.jp/business/2025/03/20/companies/hino-emissions-fraud/?utm_medium=Social&utm_source=mastodon #business #companies #hino #carmakers #manufacturing #us #fraud #emissions #toyota
After more than a decade of expansion that started with the acquisition of Sweden’s Volvo in 2010, Li Shufu is making cost-cutting the order of the day to stop the hemorrhaging at several of his carmakers. https://www.japantimes.co.jp/business/2025/03/17/tech/geely-cost-cutting-rivals/?utm_medium=Social&utm_source=mastodon #business #tech #byd #china #europe #volvo #electricvehicles #carmakers #zeekr
