Honda warns of rising costs, forecasts weaker annual profit
Company has already slashed production due a severe shortage of semiconductors
Toyota, Honda beat profit estimates but remain wary of chip crunch
Japan’s automakers join host of global car makers in warning chip shortage likely to persist
Honda returns to profit but expects chip shortage to crimp 2021 earnings
Car compnay, like global peers, has been struggling to ramp up car production due to chip shortage
Honda aims for 100% electric vehicles by 2040, says new CEO
Japan prime minister vows country will aim for a 46% cut in emissions by 2030
Toyota unveils new models in advanced driver-assist technology push
Competition to develop more self-driving and connected cars heats up
Citroën’s Irish distributor to relinquish contract
IM Group is handing back the Irish distribution rights from next April
Companies shutting locations in China over coronavirus
Starbucks, Facebook , Nissan Motor and McDonald’s among the companies affected
Honda profit forecast hit by sluggish global vehicle demand and supply issues
Company says operating profit for fiscal year ending March will be 690bn yen instead of 770bn yen
Trump backs boycott of Harley Davidson in tariff dispute
Motorcycle manufacturer to move production of motorcycles for the EU overseas
Toyota to invest €850m in Southeast Asian ride-hailing firm Grab
Toyota wants to offer data-based services to Grab drivers
Donald Trump launches US inquiry into car imports
US imported 8.27m cars and light trucks last year, more than half from Mexico and Canada
Toyota finds way to reduce use of rare metal in magnets for electric cars
Breakthrough could cut costs for electric cars and reduce threat of squeeze on supplies
Nikkei falls to four-month low as strong yen bites
Investors turn risk-averse as yen rises against the dollar
Honda’s electric future revealed while Opel guns for the Qashqai
Frankfurt Motor Show: Honda’s 2019 urban electric car, Opel’s Grandland X and its plugin hybrid, and Hyundai’s sleeker i30 Fastback
The key business events happening this week
Apple results; Irish unemployment indicator; and UCD seminar on algorithmic consumers
Honda recalls more vehicles in Japan over Takata airbags
Bags can explode with excessive force in hot, humid conditions
Second deadly quake hits Japan, rescuers race against time
Powerful 7.3 magnitude kills at least 20 people, injures more than 1000
Australian figures show many multinationals paid little or no tax on earnings
Tax authorities in Australia have published records of hundreds of companies
Nissan Motor raises profit forecast on forex windfall
Japan’s second automaker by sales after Toyota has enjoyed strong growth in US
Asian markets fall as renewed fears over Ukraine mount
Markets hit two-week low as US and European Union look set to impose new sanctions on Russia
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