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Toyota, Mazda Unveil Capital Tie-up Plans

  • Category:Driving
THE JAPAN NEWS
 
Toyota Motor Corp. and Mazda Motor Corp. announced on Friday that they will enter a business and capital alliance to jointly develop electric vehicles.
Toyota will obtain a 5.05 percent stake in Mazda while Mazda will gain a 0.25 percent stake in Toyota.
With environmental regula...

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New Panda Cub Expected to Bring Y26.7 Bil Economic Boost

  • Category:Driving
JAPAN TODAY
 
OSAKA - A recently born giant panda cub is expected to bring a 26.7 billion yen ($242 million) economic boost to the Japanese capital, a university professor says.
The giant panda cub born Monday at the Ueno Zoological Gardens will bring as big of an impact as "a professional baseba...

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Toyota Ends Tie-up With Tesla

  • Category:Driving
JAPAN TODAY
 
TOKYO - Toyota has terminated its tie-up with Tesla and stepped up efforts to develop electric vehicles by itself, a newspaper said Saturday.
In 2010, the two companies agreed on a comprehensive cooperation with the Japanese auto giant paying $50 million to buy 3.15 percent of share...

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Toyota Strengthens Lexus Brand with Boat

  • Category:Driving
THE JAPAN NEWS
 
Toyota Motor Corp. has unveiled in Tokyo a prototype for the first pleasure boat under its luxury car brand Lexus.
The hull of “Sport Yacht Concept” was created based on the Lexus design philosophy. The boat has two five-liter gasoline engines, which the Lexus car uses. It is 12....

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Suzuki Wagon R Comes with Water-draining Umbrella Stand

  • Category:Driving
JAPAN TODAY
 
TOKYO — Suzuki Motor Corp has equipped its new Wagon R with an umbrella stand capable of draining water.
This is the first time that such a function has been added to a light car. An umbrella can be inserted into a space in the door pocket of the right or left rear seat. Rainwater f...

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Mitsubishi Motors Applies Outlander's Platform to New Compact SUV

  • Category:Driving
JAPAN TODAY
 
TOKYO — Mitsubishi Motors Corp has announced details of its Eclipse Cross compact SUV (sport-utility vehicle).
This time, Mitsubishi Motors realized a coupe style by using the same platform as the Outlander, the company’s main SUV. As a power train, the Eclipse Cross comes with a ga...

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Honda, Toyota Unveil Concept Cars with AI in Las Vegas

  • Category:Driving
THE JAPAN NEWS
 
LAS VEGAS (Jiji Press) — Honda Motor Co. at a major trade show in Las Vegas on Thursday unveiled its NeuV concept self-driving car that can also be used as a driverless taxi and earn money.
Using artificial intelligence technology, the two-seater electric vehicle assesses the dri...

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Suzuki Launches Full-hybrid Model of Solio Compact Car

  • Category:Driving
JAPAN TODAY
 
TOKYO — Suzuki Motor Corp has launched a full-hybrid car, which can run on electricity as an electric vehicle (EV).
Suzuki said the Solio compact car can travel up to about 2 km as an EV when its lithium-ion (Li-ion) battery is fully charged.
“It can run (on electricity) for about t...

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Texas Shinkansen Project Moves Forward with JR Tokai Support

  • Category:Driving
THE JAPAN NEWS
 
DALLAS (Jiji Press) — A private sector-led project to build a high-speed railway between Dallas and Houston is making headway, with technical support from Central Japan Railway Co., better known as JR Tokai, the operator of the Tokaido Shinkansen bullet train line linking Tokyo a...

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Scandal-hit Mitsubishi Eyes Tripling Director's Pay

  • Category:Driving
JAPAN TODAY
 
TOKYO — Mitsubishi Motors wants to triple its directors’ pay as Nissan chief Carlos Ghosn gets set to take over as chairman at the automaker dented by a mileage-cheating scandal.
In a notice dated Nov 29, Mitsubishi said it would put a “restructuring of our executive compensation sy...

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