Sony and Honda are aiming to establish a new company this year and begin sales of their first vehicle in 2025.
Top Japanese automakers are halting production in Russia, joining the growing list of western automakers doing the same. In 2021, exports to Russia from Japan stood at 862.4 billion yen (US$7.48 billion) with automobiles alone accounting for over 40% of that, or 357.5 billion yen. This week, top Japanese automakers including Toyota Motor, Honda Motor … Read more » The post Japanese automakers including Toyota is suspending car manufacturing, sales in Russia indefinitely appeared first on Tech Wire Asia .
Honda Motor Co. is selling bonds meant to benefit the environment for the first time, joining its competitor Ford Motor Co. in tapping the booming world of sustainable finance to fund a transition to electric vehicles.

Mazda and Honda suspend exports to Russia

12:20pm, Thursday, 03'rd Mar 2022 IPE Club
Honda will stop exporting cars, motorcycles and other products to Russia, and Mazda will suspend exports of auto parts to its plant in the country, Report informs referring to Nikkei. As more companies announce their adherence to economic sanctions against Russia that have been imposed by the US, Europe, and Japan, the business environment in … The post Mazda and Honda suspend exports to Russia appeared first on IPE Club .
The Japanese carmaker has announced heavy discounts across its existing line-up in India. The offers are available throughout this month

Tokyo stocks close higher as US rate fears ease

08:45am, Thursday, 03'rd Mar 2022 Business Recorder
TOKYO: Tokyo stocks closed higher on Thursday, tracking gains on Wall Street on hopes that the pace of the US Federal Reserve''s rate hikes would be slower than expected. The benchmark Nikkei 225 index closed up 0.70 percent or 184.24 points at 26,577.27 while the broader Topix index rose 1.18 percent or 21.86 points to 1,881.80. The dollar fetched 115.62 yen in Asia, against 115.51 yen on Wednesday in New York. US central bank chief Jerome Powell repeated the need for increasing interest rates to ease inflation, as the US battles consumer prices that are climbing at the fastest pace in four decades, as well as soaring oil. But at the same time, Powell said he favours raising the benchmark borrowing rate by a patient quarter-point at the central bank''s meeting this month, although not entirely ruling out the possibility of more aggressive moves. "Following rallies in US shares, the Nikkei 225 was led by purchases," strategist Mutsumi Kanamori of Daiwa Securities said in a commentary. However, investors are increasingly cautious "ahead of ceasefire talks between Ukraine and Russia" expected later in the day, she added.

‘Gran Turismo 7’ review: A car aficionado’s delight

04:05am, Thursday, 03'rd Mar 2022 Rappler
Gran Turismo is a classic that any longtime PlayStation user will remember, if not hold close to heart. Nearly every gamer I know using the same console has his or her unique experiences over the last two decades with the popular car simulator, which now capitalizes on nostalgic elements to launch its 25 th anniversary edition. “The theme of GT7 is to convey the allure and culture of cars,” Kazunori Yamauchi, president of Polyphony Digital, said in a statement. That promise is fulfilled immediately as the opening montage of the game highlights automobile history, starting with images of 3-wheelers in black and white (from the late 19 th century) to virtual representations of modern racing tracks and 4-wheelers. There are slideshows demonstrating the story of every major car brand one can think of, whether American, European, or Asian. The life trajectory of Lewis Hamilton, who pundits argue is in the running for greatest Formula 1 racer of all time, is also present in the game, which shows again just how wide-ranging its coverage of car culture is, while also paying homage to a high-profile sports celebrity who has shared about his admiration of the franchise.
Companies around the globe have answered Russia’s invasion of Ukraine by putting a hold on business or fully exiting operations in Russia. This comes in addition to the harsh economic sanctions rec

Honda suspends exports to Russia, more Japanese automakers could follow

12:16pm, Wednesday, 02'nd Mar 2022 Business Standard
Western companies have spurned Moscow following the invasion, stopping sales in Russia and even saying they would exit investments there
© Reuters. FILE PHOTO: The Honda logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland, March 5, 2019. REUTERS/Pierre Albouy By Satoshi Sugiyama TOKYO (Reuters) – Honda Motor said on Wednesday it has suspended exports of cars and motorcycles to Russia, signalling the likelihood more Japanese automakers would join the global …

Honda sales declines continue into February

11:00am, Wednesday, 02'nd Mar 2022 Business Journals
Honda Motor Co.’s slow start to 2022 continued.

Honda, Mazda stop exports to Russia

10:56am, Wednesday, 02'nd Mar 2022 Report AZ
Honda will stop exporting cars, motorcycles and other products to Russia, and Mazda will suspend exports of auto parts to its plant in the country

Apple halts product sales in Russia along with Google, Ford and Honda

10:01am, Wednesday, 02'nd Mar 2022 The Hindu BusinessLine
Google, Ford, Honda, and Exxon Mobil have also shunned Russia

Mazda, Honda to stop Russia exports - report

09:35am, Wednesday, 02'nd Mar 2022 Breaking the News 24/7
Japanese carmakers Honda and Mazda will stop exporting vehicles and other products to Russia due to the country''s military operations in Ukraine, according to a report published by Nikkei on Wedne…

Honda to suspend car and motorcycle exports to Russia

08:53am, Wednesday, 02'nd Mar 2022 Times LIVE
Honda will temporarily suspend car and motorcycle exports to Russia as countries impose stricter sanctions on Russia in protest against its invasion of Ukraine, NHK reported on Wednesday
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