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US – Korea trade deal brings benefits for German and Japanese carmakers


While the Washington and Seoul trade agreement should be making the most benefits for the parts implied, it actually looks like the Japanese and German automakers reap the most. According to the Korea Automobile Importers and Distributors Association (KAIDA), German and Japanese automakers managed to boost Korean sales of US made cars nearly five times the numbers of 2011 – the ...
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US: Justice Department indicts three Bridgestone executives
The three men – a current and two former Bridgestone Inc. – are to be indicted by the Justice Department in regards to an international conspiracy that aimed to fix ...
Toyota execs say after record profit year, a slower one could follow
It’s always hard to satisfy the very motivated Japanese executives – as is the case with Toyota, with its executives are now cautioning the growth could decrease. While for the recently ...
Japan’s automakers to join forces in charging network joint venture
The big Japanese makers will shake hands in a rare feat – they will unite to create a company that would manage the country’s charging stations – providing their funding ...
Report: US proposal sees 30 years in eliminating taxes on Japanese cars
According to Kyodo News, the American counterpart has forwarded the idea of eliminating import duties on Japanese made cars in 30 years – a proposal refused because of the time ...
Toyota wants to revive human plant craftsmanship
While the No.1 automaker in the world has been for a very long time the avid promoter of automation in setting up the pace for auto industry manufacturing prowess, it’s ...
[VIDEO] Toyota i-Road begins testing in Japan
Toyota has begun testing the impressive i-Road on its local auto market, as the model in question is believed to become an attractive vehicle in some parts of Asia and ...
Japanese automakers investments in Mexico also bring the Japanese banks there
Honda and Nissan seem ready to make Mexico become the largest exporter of autos to the neighboring US, giving the Japanese banks also a chance to enter the country’s market. The ...
Toyota to raise wages for the first time since 2008
As Japan’s largest company and the biggest automaker in the world is forecasted to reach record profits in 2014, Toyota has finally gave in to union requests in its home ...
Japan: Toyota and unions still debate wages
According to a top labor official, the unions and Toyota, along with its parts makers and dealers are still on a rift when it comes to the asked wage increases. Masamoto ...

latest automotive news
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