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Report: Japan Car Giants To Slash China Production

Japanese newspaper Nikkei reported Monday that carmakers Toyota, Nissan and Honda will cut production in China by about half, a sign of the economic fallout from the ongoing diplomatic dispute between Japan and China, though...

CDT Money: Positive Breeze Amid Diplomatic Firestorm

U.S. Secretary of State Hillary Clinton and Treasury Secretary Timothy Geithner’s arrival in Beijing for a fourth round of Strategic Economic Dialogue (SED) with several high-ranking members of the Chinese leadership took...

Supplier Strike Halts Toyota Plant in China

A Tianjin Toyota plant has been idled after a strike at one of its supplier factories. From the Wall Street Journal: Toyota Motor Corp. suspended production at an assembly plant in China on Friday because of a strike at a...

Walkout Closes Another Toyota Supplier in China

From the New York Times: Workers at an auto parts factory in Tianjin, China, run by a Chinese subsidiary of Toyoda Gosei, which is 42 percent owned by Toyota Motor, went on strike Thursday and have not returned to their jobs, a...

Toyota Chief Apologises in China

The head of Toyota made a public apology for the recalls of his company’s vehicles to Chinese customers in Beijing today. From Al Jazeera: Akio Toyoda bowed in apology before hundreds of journalists who gathered at a hotel...

Toyota heads down new road in China with Camry – Edwina Gibbs and Alison Leung

From Reuters (link) Toyota’s first Chinese-built Camry sedan rolled off assembly lines on Tuesday, a U.S. success story that the company hopes will spearhead a drive into an affluent middle-class market. The Camry also marks a milestone in China in terms of volume growth for Toyota, putting the relative latecomer on an even footing with […]

Toyota to sell China cheapies – Dominic O’Connel

From Times Online (link) Toyota is planning to extend its dominance of the world car market with a range of low-cost vehicles aimed at emerging markets such as China, India and Brazil. Tokuichi Uranishi, the head of Toyota’s operations outside Japan, told The Sunday Times that the company had initiated a “serious project” on low-cost […]

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