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Trump says production of Japan-style tiny cars approved in U.S.

27 Comments

U.S. President Donald Trump said he has approved the manufacture of "tiny" cars in the United States, as his administration faces increasing pressure over affordability. After describing ultracompact kei cars that he saw in Japan about a month earlier as "really cute," Trump said on social media he had just… Read

Business

Will EU give ground on 2035 combustion-engine ban?

1 Comment

Europe's embattled auto industry and its backers are ramping up pressure on the EU to relax its planned 2035 ban on new petrol and diesel car sales -- hoping for a decision by year end. The European Commission is due to review the target on December 10 as part of… Read

Business

Subaru Forester named Japan car of the year in 2025

14 Comments

Subaru Corp's Forester sport utility vehicle was named the car of the year in Japan, a crown given to the most outstanding passenger vehicle in 2025, the award's selection committee said. The hybrid SUV has been praised for integrating driving performance, practicality, comfort, and off-road capabilities, while maintaining Subaru's high… Read

Business

Fresh data show U.S. consumers still strained by inflation

20 Comments

U.S. consumer pricing and sentiment reports released Friday pointed to lingering questions about affordability as the calendar moves towards the peak of the festive season. The personal consumption expenditures (PCE) price index, the Federal Reserve's preferred data point for measuring inflation, rose to 2.8 percent on an annual basis in… Read

Business

Sagawa Express partially suspends deliveries due to Black Friday overload

4 Comments

Sagawa Express Co, a major Japanese parcel delivery service, suspended cargo collection in parts of the country on Thursday due to capacity overload following a surge in parcels from online Black Friday sales. It is the first time the firm has halted package acceptance over such a wide area, with… Read

Business

Osaka Expo's economic impact estimated at ¥3 trillion: think tank

6 Comments

The World Exposition in Osaka is estimated to have generated an economic ripple effect of 3.05 trillion yen, sowing the seeds for economic growth while the benefits struggled to expand to a wide area beyond the venue, according to a report by a private think tank. The Asia Pacific Institute… Read

Business

Asian shares mixed after Wall Street pulls near its all-time high

7 Comments

Asian shares were mixed on Thursday after U.S. stocks rose to near their records. The futures for the S&P 500 and Dow Jones Industrial Average were slightly higher. Japan's Nikkei 225 index climbed 2.3% to 51,028.42, nearing its all-time high, on expectations that the U.S. Federal Reserve will cut its… Read

Business

Gasoline price falls to lowest in 4 years with new subsidy ahead of tax cut

37 Comments

The Japanese government said Wednesday that the national average retail price of regular gasoline has fallen to its lowest level in four years, reflecting the impact of an increased subsidy introduced the previous week as a measure to stabilize the market ahead of a planned gasoline tax cut. According to… Read

Business

Nissan eyes paying up to 5 years of salary to spur transfers to Kyushu subsidiary

10 Comments

Ailing Nissan Motor Co is considering paying the equivalent of four to five years of salary as compensation to employees at its Oppama plant in Kanagawa Prefecture, which is set to end vehicle output, if they agree to transfer to a subsidiary in southwestern Japan, sources close to the matter… Read

Business

Airbus cuts delivery target over fuselage quality issue

2 Comments

Aircraft maker Airbus said Wednesday it had lowered its 2025 target for deliveries because of fuselage panel quality issues at its flagship model, the A320. Airbus said it now expects full-year 2025 commercial aircraft deliveries to total 790, down from an initial target of 820, a drop of 3.7 percent.… Read


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