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.
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.
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.