Japanese automakers, initially optimistic about some of President Trump’s policies, are reckoning with potentially devastating U.S. taxes on foreign-made cars.
Category: Toyota Motor Corp
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Trump’s Canada and Mexico Tariffs Could Hurt Some Carmakers
General Motors and a few other companies make as much as 40 percent of their North American cars and trucks in Canada and Mexico, leaving them vulnerable to tariffs.
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Toyota Truck Unit Will Pay $1.6 Billion to Settle Emissions Fraud Case
Hino Motors, a Toyota subsidiary, will plead guilty to conspiracy charges and pay penalties for deceiving regulators about its diesel engines, the E.P.A. said.
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Automakers Thrived in the Pandemic. Many Are Now Struggling.
Changing technology, political turmoil and competition from China are cutting into profits and forcing carmakers to cut jobs and close factories.
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Japan Built Thailand’s Car Industry. Now China Is Gunning for It.
After dominating sales in Thailand for decades, Mazda, Nissan and other Japanese companies are losing their grip on a market long viewed as a regional hub.
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Auto Sales Grew Slightly in Second Quarter
High interest rates, economic uncertainty and a cyberattack appear to have dampened sales in the three months between April and June.
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Toyota Chairman’s Investor Support Tumbles
Just 71.9 percent of shareholders supported Akio Toyoda, who has faced scrutiny from investor groups over governance issues, in his bid to remain chairman.
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Akio Toyoda, Toyota’s Chairman, Defends His Hands-On Role
Akio Toyoda, who stepped down as chief executive last year, had been criticized by some shareholders for continuing to dominate decision making at the automaker.
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Toyota Investors Challenge Scion’s Grip at a ‘Critical Juncture’
Akio Toyoda ran Toyota for 14 years before handing the reins to a new C.E.O. last year, but some have grown concerned about the control he still wields.
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Is Your Driving Being Secretly Scored?
The insurance industry, hungry for insights into how people drive, has turned to automakers and smartphone apps like Life360.
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Car Deals Vanished During the Pandemic. They’re Coming Back.
Automakers and dealers are starting to offer discounts, low-interest loans and other incentives to lure buyers as the supply of cars grows.