Latest News for: Japan automaker

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Toyota taps wells to beat water supply disruption in central Japan

Metro USA 18 May 2022
... the impact of an industrial water supply disruption in central Japan, a spokesperson said on Wednesday ... Japan’s largest automaker will be able to operate as usual for Wednesday and will continue to monitor the situation after that, the spokesperson said.
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Toyota to suspend day shift in one Japanese factory due to water supply

FX Empire 18 May 2022
TOKYO (Reuters) -Toyota Motor Corp will suspend vehicle production at one of its factories after a major industrial water leak in central Japan disrupted supply, a company spokesperson said on Wednesday ... JERA, Japan’s biggest power generator, said water supply had been halted at two plants.
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Toyota to suspend morning shift in one Japanese factory due to water supply

Metro USA 18 May 2022
... at one of its factories after a major industrial water leak in central Japan disrupted supply, a company spokesperson said on Wednesday.
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Honda confronts lower earnings with cost cutting amid supply chain woes, inflation

The Columbus Dispatch 15 May 2022
Vehicle sales dropped in Japan, the U.S ... The problems affecting Honda have hurt all automakers. But Japan’s top automaker Toyota wrapped up a year of record earnings even though its profit for the January-March quarter declined compared to last year.
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Honda sees profit slide on chips, material cost woes

Asahi News 14 May 2022
Honda’s fiscal fourth quarter profit slipped to almost half of what the Japanese automaker earned the previous year as it endured supply shortages and rising raw materials costs ... But Japan’s top automaker Toyota wrapped up a year of record earnings even though its profit for the January-March quarter declined compared to last year.
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Japan’s major automakers benefit from weak yen in fiscal 2021

Japan Times 14 May 2022
Six of Japan's seven major automakers fared well on their consolidated bottom lines in fiscal 2021, benefiting from the yen's weakening, according to earnings reports ... .
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Japan's Honda sees profit slide on chips, material cost woes

Beaumont Enterprise 13 May 2022
TOKYO (AP) — Honda’s fiscal fourth quarter profit slipped to almost half of what the Japanese automaker earned the previous year as it endured supply shortages and rising raw materials costs ... Vehicle sales dropped in Japan, the U.S ... The problems affecting Honda have hurt all automakers. But Japan’s top automaker Toyota wrapped ....
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Honda warns of rising costs, forecasts weaker annual profit

Metro USA 13 May 2022
TOKYO (Reuters) -Japan’s Honda Motor on Friday forecast a 7% fall in annual earnings, instead of an ... Honda, Japan’s second biggest automaker by sales, forecast operating profit will fall to 810 billion yen ($6.29 billion) for the current fiscal year that began in April.
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Japan’s Honda sees profit slide on chips, material cost woes

Wtop 13 May 2022
TOKYO (AP) — Honda’s fiscal fourth quarter profit slipped to almost half of what the Japanese automaker earned the previous year as it endured supply shortages and rising raw materials costs ... But Japan’s top automaker Toyota wrapped up a year of record earnings even though its profit for the January-March quarter declined compared to last year.
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Weak yen helps Honda’s annual profit but fails to lift outlook

Japan Times 13 May 2022
While the weaker yen has long been considered a boon for Japan’s blue-chip exporters, it’s now starting to damage Japanese automakers as material costs inflate ... .
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Toyota rolls out first battery electric car in cautious debut as rivals go full-throttle

FX Empire 12 May 2022
TOKYO (Reuters) – Toyota Motor Corp rolls out its first mass-produced battery electric car in Japan on Thursday for lease only, a strategy the automaker says will help ease driver concerns about battery life and resale value but has raised analysts’ eyebrows ... Toyota has not decided when it will start selling the cars in Japan, a spokesperson said.
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Japan’s Subaru to build its first electric vehicle factory

Metro USA 12 May 2022
Other Japanese automakers have yet to formally announce plans to build a dedicated EV factory. Japan’s automakers are accelerating their EV production in an attempt to recover ground lost to Tesla Inc, now the leader in the fastest growing segment of the auto industry.
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Japan's Subaru to build its first electric vehicle factory

Reuters 12 May 2022
Other Japanese automakers have yet to formally announce plans to build a dedicated EV factory.Register now for FREE unlimited access to Reuters.com ... Japan's automakers are accelerating their EV production in an attempt to recover ground lost to Tesla Inc (TSLA.O), now the leader in the fastest growing segment of the auto industry.
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Toyota rolls out first battery-powered electric car

Khaleejtimes 12 May 2022
Toyota Motor Corp rolled out its first mass-produced battery electric car in Japan on Thursday for lease only, a strategy ...

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