Toyota is preparing to sell $4.2 billion in special stock that would lock investors in for five years, but pay a higher dividend and could be sold back to Toyota at the issue price so investors wouldn't make a loss.
Suzuki is recalling 2 million cars around the world, but the vast majority of the affected models were sold in Japan, and include a number of popular kei cars, as well as Japanese-built Chevy Cruze sedans.
The chief engineer of the Toyota Mirai doesn't think that there's a future in fast-charging EVs because they put too much strain on the electrical grid and have a short range. Unsurprisingly, he thinks the future is in hydrogen.
Reuters reports that the Japanese government will probably not meet its target of having 100 hydrogen stations up and running by early next year. After the last deadline for financial subsidies passed, only 76 stations had been approved.
With the consumer good's industry getting increasingly competitive, Japan's well known consumer brands like Sony are putting a bigger emphasis on supplying parts to automakers for the chance of higher profit margins.
Will Return To TT Zero With John McGuinness And Bruce Anstey
Mugen has lifted the sheet from its new Shinden Yon electric motorcycle. It boasts more horsepower than the bike it used to take the top two TT Zero podium steps last year, but it's also heavier. Will it be good enough to repeat that result in the face of stiffer competition?
Tesla's Kurt Kelty To Battery Partners: 'I Need To Know You're On board'
Tesla executive Kurt Kelty gives a speech in Japan asking battery suppliers to take more risks to increase production. Tesla needs more batteries in order to make more cars and drive the price of batteries down.
Honda has revealed the production-spec S660 roadster, a spitting image of the concept revealed 16 months ago, ready to pick up the Beat's mantle and hit showrooms... but sadly only in Japan for the time being.