The agreement between the United States and the United Kingdom on tariffs means little for Japan's ongoing efforts to get a trade deal of its own. https://www.japantimes.co.jp/business/2025/05/09/economy/uk-japan-tariffs/?utm_medium=Social&utm_source=mastodon #business #economy #usjapanrelations #tariffs #trade #donaldtrump #carmakers #japaneseeconomy #ryoseiakazawa #us
Nissan has abandoned plans to build a battery plant in Fukuoka Prefecture to focus its resources and funding on rescuing itself from a deepening financial crisis. https://www.japantimes.co.jp/business/2025/05/09/companies/nissan-drops-fukuoka-battery-plant-plan/?utm_medium=Social&utm_source=mastodon #business #companies #nissan #electricvehicles #carmakers #batteries
https://www.alojapan.com/1269232/japan-stuck-at-starting-line-in-tariff-talks-with-u-s-as-u-k-inks-deals/ Japan stuck at starting line in tariff talks with U.S. as U.K. inks deals #carmakers #DonaldTrump #Japan #JapanNews #JapaneseEconomy #news #RyoseiAkazawa #tariffs #trade #u.s. #U.S.JapanRelations The agreement between the United States and the United Kingdom on tariffs means little for Japan’s ongoing efforts to get its own trade deal, with analysts and officials pointing out that some countries have much more work to do than others when it c…
Toyota on Thursday forecast a 35% year-on-year drop in net profit for 2025-26, citing U.S. President Donald Trump's vehicle tariffs among other factors. https://www.japantimes.co.jp/business/2025/05/08/companies/toyota-profit-drop-forecast/?utm_medium=Social&utm_source=mastodon #business #companies #toyota #carmakers #cars #tariffs #donaldtrump
Following weeks of pushback from the #auto industry, #Trump softened his #tariffs on foreign auto parts #imports to give #carmakers credits for what is produced in the #UnitedStates & to avoid #DoubleTariffs on raw materials used in auto production. However, the White House has not rescinded a 25% #tariff on the 8 million vehicles the US imports annually.
Analysts have said US auto #sales could drop by >1 million vehicles a year if tariffs remain in place.
A #Ford spox said the price hikes will affect vehicles built after May 2, which would arrive at dealer lots in late June. The spox said the price hikes reflect "usual" mid-year pricing actions, "combined with some #tariffs we are facing. We have not passed on the full cost of tariffs to our customers."
#Trump's tariffs have unleashed weeks of #uncertainty across the #auto sector, as major #carmakers in the #US & #Europe have pulled forecasts, shifted production & caused companies to idle plants.
Trade negotiations between Japan and the United States are headed for an impasse with the two sides unable even to settle on a starting point for an agreement after two rounds of high-level discussions. https://www.japantimes.co.jp/business/2025/05/07/economy/tariff-negotiations-impasse/?utm_medium=Social&utm_source=mastodon #business #economy #usjapanrelations #tariffs #trade #donaldtrump #carmakers #japaneseeconomy #ryoseiakazawa #us
Hon Hai Precision Industry has agreed to supply Mitsubishi Motors with an electric vehicle that will be manufactured in Taiwan, and sold in Australia and New Zealand by the end of 2026. https://www.japantimes.co.jp/business/2025/05/07/companies/hon-hai-mitsubishi-motors-electric-vehicles/?utm_medium=Social&utm_source=mastodon #business #companies #honhai #mitsubishimotors #electricvehicles #taiwan #carmakers
While Japanese are buying fewer cars, it's a different story for Aston Martin. Their regional president for Asia explains why. https://www.japantimes.co.jp/business/2025/05/06/companies/aston-martin-gregory-adams/?utm_medium=Social&utm_source=mastodon #business #companies #astonmartin #cars #carmakers #gregoryadams #nissan
India has proposed zero tariffs on steel, auto components and pharmaceuticals on a reciprocal basis up to a certain quantity of imports in its trade negotiations with the U.S., people familiar with the matter said. https://www.japantimes.co.jp/business/2025/05/06/economy/india-us-trump-tariffs/?utm_medium=Social&utm_source=mastodon #business #economy #india #us #trade #tariffs #donaldtrump #carmakers #steel
Some U.S. auto workers are all-in on Trump’s trade war — and they don’t mind if it causes some short-term pain for both Wall Street and Main Street. https://www.japantimes.co.jp/business/2025/05/04/auto-workers-trump-support/?utm_medium=Social&utm_source=mastodon #business #us #donaldtrump #cars #carmakers #michigan #republicans #trade #tradewar
Four Japanese automakers have reported rises in new vehicles sales in the United States in April, boosted by last-minute demand that reflects concern car prices will rise due to additional automotive tariffs. https://www.japantimes.co.jp/business/2025/05/02/companies/auto-april-us/?utm_medium=Social&utm_source=mastodon #business #companies #toyota #tariffs #us #usjapanrelations #mazda #subaru #carmakers
The second round of tariff talks between the United States and Japan ended with no major breakthroughs, while the negotiators agreed to meet again soon. https://www.japantimes.co.jp/business/2025/05/02/economy/us-japan-tariffs/?utm_medium=Social&utm_source=mastodon #business #economy #usjapanrelations #tariffs #trade #donaldtrump #carmakers #japaneseeconomy #ryoseiakazawa #us
Japan’s chief trade negotiator has departed for Washington for his second round of tariff talks with the United States, emphasizing that Japan would protect its national interests while also seeking a win-win situation. https://www.japantimes.co.jp/business/2025/04/30/economy/akazawa-tariffs-washington/?utm_medium=Social&utm_source=mastodon #business #economy #usjapanrelations #tariffs #trade #donaldtrump #shigeruishiba #carmakers #cars #japaneseeconomy #ryoseiakazawa #us
Toyota and Alphabet’s Waymo will explore collaboration on autonomous driving technology, a potential boost to the Japanese carmaker’s efforts to catch up to the cutting-edge systems offered by major rivals. https://www.japantimes.co.jp/business/2025/04/30/companies/toyota-waymo-partner/?utm_medium=Social&utm_source=mastodon #business #companies #toyota #alphabet #waymo #carmakers #ai #tech
Japan’s export-reliant auto sector will be forced to consolidate to combat competition in an environment roiled by tariffs, according to a portfolio manager at the world’s largest publicly traded hedge fund firm. https://www.japantimes.co.jp/business/2025/04/30/companies/japan-carmakers-set-for-mergers/?utm_medium=Social&utm_source=mastodon #business #companies #carmakers #tariffs #trade #china
Japan's factory output fell last month, indicating flagging momentum for manufacturers as they coped with uncertainties surrounding Donald Trump’s sweeping tariff campaign. https://www.japantimes.co.jp/business/2025/04/30/companies/factory-output-fall/?utm_medium=Social&utm_source=mastodon #business #companies #meti #japaneseeconomy #trade #donaldtrump #tariffs #boj #manufacturing #carmakers #us
U.S. President Donald Trump signed a pair of orders to soften the blow of his auto tariffs on Tuesday with a mix of credits and relief from other levies on materials. https://www.japantimes.co.jp/business/2025/04/30/markets/trump-auto-tariffs-lutnick-trade/?utm_medium=Social&utm_source=mastodon #business #markets #us #republicans #donaldtrump #tariffs #trade #howardlutnick #carmakers
#Trump signed 2 #ExecutiveOrders reversing course on some of the #tariffs he imposed on imported #cars & #CarParts. Among the changes: #Carmakers that pay a 25% #tariff on vehicles will not be subject to other levies, for example on #steel & #aluminum, & they will be able to qualify for relief on imported components for the next 2 years.
#chaos #uncertainty #LackOfConviction #Economy #Trade #InsiderTrading #law #geopolitics #USpol
https://www.nytimes.com/2025/04/29/us/politics/trump-auto-tariffs-executive-order.html?smid=url-share
EV adoption is cruising along in the U.S. despite a backlash against Tesla and the Trump administration’s push to wind back clean energy incentives and emissions regulations. https://www.japantimes.co.jp/business/2025/04/29/tech/tesla-falters-new-evs/?utm_medium=Social&utm_source=mastodon #business #tech #tesla #electricvehicles #elonmusk #cadillac #porsche #polestar #bmw #ford #gm #stellantis #dodge #chrysler #carmakers
