Honda's new chief executive Takahiro Hachigo has an empty space in his garage, and he only wants to fill it when the new Civic Type R arrives in Japan. In the meantime, he's without his own set of wheels.
Japanese authorities are expected to release former Toyota executive Julie Hamp from custody on July 8, and she may not be charged. Hamp was accused of allegedly attempting to illegally bring Oxycodone pills into the country through the mail.
Honda, Toyota, and Nissan are partnering in Japan to offer up to $90,000 a year per station to subsidize the operation of hydrogen refueling stations. The program is expected to run through 2020 and could cost as much as an estimated $49 million.
Akio Toyoda, president of the Japanese automaker that bears his name, is personally backing Julie Hamp, the American businesswoman who was hired to run Toyota's global PR and reports directly to him, after she was arrested by police in Tokyo for the illegal importation of drugs into Japan.
Toyota Chief Communications Officer Julie Hamp has been arrested in Japan for allegedly being shipped a package of Oxycodone pills. The country's prescription drug laws are much more strict than in the US.
Honda and Daihatsu are adding 5 million vehicles that need their Takata airbag inflators replaced, but none of these are in the United States or Canada. It brings the grand total of affected vehicles in these campaigns since 2008 to about 36 million automobiles.
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.