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Toyota sees profit falling more than 20% as Iran war and US tariffs bite
Toyota sees profit falling more than 20% as Iran war and US tariffs bite
SATURDAY, MAY 09, 2026
Toyota expects profit to fall sharply this financial year as the Iran war drives up costs and US tariffs add fresh pressure, even as hybrid demand stays strong.Chinese Automakers Redefine Premium EV Race at Beijing Auto Show
Chinese Automakers Redefine Premium EV Race at Beijing Auto Show
TUESDAY, APRIL 28, 2026
At Auto China 2026, local brands flaunt AI, batteries and luxury EVs, while Volkswagen, Mercedes-Benz, BMW and Hyundai race to localise for China.Subaru unveils new EV and hybrid vehicle at New York Auto Show
Subaru unveils new EV and hybrid vehicle at New York Auto Show
THURSDAY, APRIL 02, 2026
Shown at the New York International Auto Show, Subaru’s new Getaway EV and Forester Wilderness Hybrid are set to reach North America later this year.Govt makes electric vehicles mandatory label-controlled products to ensure buyers get full information
Govt makes electric vehicles mandatory label-controlled products to ensure buyers get full information
MONDAY, MARCH 23, 2026
Thailand has designated electric vehicles as label-controlled products from March 21, 2026, requiring Thai-language labels with clear details on price, specifications, battery information and safety standards to strengthen consumer protection.Many major Japan firms fully accept pay hike demands
Many major Japan firms fully accept pay hike demands
WEDNESDAY, MARCH 18, 2026
Many major Japanese companies fully accepted their unions' pay hike demands on Wednesday (March 18), when this year's "shunto" spring labour-management negotiations reached a climax.Nissan to sell US-built SUV in Japan
Nissan to sell US-built SUV in Japan
TUESDAY, MARCH 17, 2026
Nissan Motor Co. said Tuesday (March 17) that it will sell the US-built Murano SUV in Japan, starting in early 2027.Honda expects up to 690 billion yen in net loss for FY2025
Honda expects up to 690 billion yen in net loss for FY2025
THURSDAY, MARCH 12, 2026
Japan's Honda Motor Co. said Thursday (March 12) that it expects to post a consolidated net loss of 420 billion to 690 billion yen in fiscal 2025 ending this month.Some Japan automakers fully meet wage hike demands
Some Japan automakers fully meet wage hike demands
THURSDAY, FEBRUARY 26, 2026
Some Japanese automakers have fully met union demands for hikes in monthly wages and annual bonuses in this year's "shunto" spring labour-management negotiations.