Latest News Updates From Yuri Kageyama

BusinessSafety

Daihatsu Sees Long Wait to Resume Business Amid Safety Snafu

TOKYO — Daihatsu Motor Co., a Japanese unit of Toyota Motor Corp. that allegedly cheated on safety tests for decades, said Jan. 22 it doesn’t expect to resume shipping cars any time soon.

January 22, 2024
BusinessTechnologyEquipment

Toyota Sells Part of Denso Stake to Raise Cash for EVs

Toyota is selling a part of its stake in components maker Denso to raise cash for its drive toward electric vehicles and other innovations, Japan’s top automaker said Nov. 29.

November 29, 2023
BusinessTechnologyEquipment

Toyota’s Profits Zoom on Cheap Yen, Strong Global Sales

TOKYO — Toyota’s July-September profit jumped nearly threefold from a year ago as vehicle sales grew around the world and a cheap yen boosted the Japanese automaker’s overseas earnings.

November 1, 2023
BusinessEquipment

Nissan Reports Better Profit as Chip Crunch Eases

TOKYO — Nissan reported a 55% jump in its October-December profit on Feb. 9, as the Japanese automaker gears up for a less-bumpy journey with its French alliance partner Renault.

February 9, 2023
BusinessTechnologyFuel

Sony, Honda Kick Off EV Company

TOKYO — A new electric car company that brings together two big names in Japanese business, Honda and Sony, officially kicked off Oct. 13.

October 13, 2022
BusinessTechnologyFuel

Toyota Invests in EV Battery Production in US, Japan

TOKYO — Toyota is investing $5.6 billion in Japan and the U.S. to boost production of batteries for electric vehicles, the Japanese automaker said Aug. 31.

August 31, 2022
BusinessTechnologyFuel

LG-Honda Joint Venture to Make EV Batteries

TOKYO — Major South Korean battery maker LG and Japanese automaker Honda are investing $4.4 billion in a joint venture in the United States to produce batteries for Honda electric vehicles in the North American market, the two companies said Aug. 29.

August 29, 2022
BusinessTechnologyEquipment

Toyota’s Crown Car to Debut in US

TOKYO — Toyota’s flagship model in Japan, the Crown, is going on sale around the world for the first time, including in the U.S.

July 15, 2022
GovernmentBusinessTechnologySafety

Toyota Recalls Electric Car for Wheel That May Detach

TOKYO — Toyota is recalling 2,700 bZ4X crossover vehicles globally for wheel bolts that could become loose, in a major setback for the Japanese automaker’s ambitions to roll out electric cars.

June 24, 2022
BusinessEquipment

Toyota’s Quarterly Profit Down on COVID Parts Crunch

TOKYO — Toyota’s profit declined 31% in the January-March quarter from the year before, but the Japanese automaker still wrapped up a year of record earnings.

May 11, 2022

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