Latest news with #RYOSUKEHANADA
Nikkei Asia
6 days ago
- Automotive
- Nikkei Asia
Japan-US trade deal could lessen impact on Japanese automakers by $11bn
Some automakers, including Honda, are moving production of some vehicles from Japan to the U.S. to mitigate the impact of tariffs. © Reuters RYOSUKE HANADA TOKYO -- The new Japan-U.S. trade deal reduces the tariff burden on Japan's seven big automakers by an estimated 1.6 trillion yen ($10.9 billion), but the 15% duties they now face -- while down from the 27.5% imposed earlier this year -- remain far higher than the 2.5% they saw before President Donald Trump started imposing new tariffs. In April, Trump added 25 percentage points to the basic 2.5% U.S. tariff rate on imported cars. Japan exported nearly 1.37 million automobiles to the U.S. in 2024, accounting for more than 30% of the country's auto exports, the Japan Automobile Manufacturers Association reports.
Nikkei Asia
14-07-2025
- Automotive
- Nikkei Asia
Nissan's shadow looms over supplier Marelli's latest bankruptcy
Factory robots work on a car at Nissan Motor's Tochigi plant in Japan. Nissan is one of Marelli's top clients. (Photo by Sei Matsumoto) RYOSUKE HANADA, TAKAKO FUJIU and YUMI OKURA TOKYO -- Japanese automotive supplier Marelli Holdings' skid into bankruptcy -- its second in three years -- shows the risks of its continued dependence on Nissan Motor. Marelli filed for Chapter 11 bankruptcy protection in the U.S. in June after negotiations for a private debt workout stalled.
Nikkei Asia
23-04-2025
- Automotive
- Nikkei Asia
BYD takes on Japan's minicar market with cheap, in-house batteries
RYOSUKE HANADA and SOTA TANAKA TOKYO -- Chinese electric vehicle maker BYD is leveraging its cheap, in-house manufactured batteries to break into Japan's market for kei minicars, a field where overseas players have seen little success. "Young people do not have a negative view of BYD. It would be a huge threat if the company launches cheap models in Japan," a Suzuki dealer said Tuesday.
