Audi and Mercedes Benz, world famous German automakers have joined to express their interest for hydrogen fuel powered cell cars. Remaining one step ahead of Mercedes, Audi has already introduced its H-tron Quattro at the North American International Auto show, held at Detroit. Industry insiders assume, Mercedes, the lavish German carmaker will introduce its first hydrogen fuel cell car at the 2017 Frankfurt Auto Show.
Japan
Data portray poor Japanese economy
The economy of Japan struggled last month according to a wave of data released by the Bank of Japan. The industrial production was down 1.4% over the prior month.
Toyota Motor contemplates a complete buyout of Daihatsu
Toyota Motor is seriously contemplating a buyout of Daihatsu Motor Co., which would give the company direct access to Daihatsu’s 660 cc mini vehicles. This investment would fetch Toyota great returns in the emerging markets and also enable leveraging of the low-cost production model that has long been Daihatsu’s competitive advantage.
Ford Motor to pull out of Japan and Indonesia before year-end
Ford Motor has announced on Monday that they would be exiting the Japanese and Indonesian markets by the end of this year as the governments are running a very "closed" market, protecting domestic sales over the international ones. The automaker has been unable to increase their sales or sustain profits under such circumstances. They said that the employees have already been informed and they would be providing detailed explanations regarding post-sale services like servicing and providing new car parts to its customers very soon.
Mazda MX-5 Miata Showcased in Tokyo Auto Salon 2016 Reflects Enthusiast’s Dream.
The Miata hasn’t witnessed the best presentation through the years. Mazda has represented MX-5 generation Miata in the Tokyo Auto Salon 2016. The uproar from the audience indicates that the Miata generation now claims due status in the sports car segment. The new widened Miata has absorbed inspirations from a lot of tuning cultures and thus proclaimed as the largest road racers in the US.
Latest News
World’s oldest man Yasutaro Koide died Tuesday at the age of 112 in Japan. World's oldest man died Tuesday at 112 in a hospital in Nagoya central Japan.
Japan gave the go signal for the 2012 clean energy projects that could produce up to 85,550 megawatts of renewable power, the bulk of which is from solar energy.
Mitsubishi Research Institute and UFJ Morgan Stanley Securities plans to raise 50 billion yen to revive struggling Japanese megasolar power plants.
Honda showcases its newly redesigned 2017 Ridgeline during the Detroit Auto Show last Monday. The new pickup truck design makes the owner forget that they are riding a unibody platform.
Takeda is a global pharmaceutical founded by Chobei Takeda I in 1781 in Osaka, Japan. The company focus on innovative medicine in gastroenterenterology, cardiovascular and metabolic, as well vaccine.
The project could start as soon as this year and is estimated to be completed in 2022. The transportation project would established Central America's first monorail.
As oil price continues to plunge, two Japan airlines:Air Nippon Airways (ANA) and Japan Airlines (JAL) decided to eliminate fuel surcharge. This will trim the airline tickets price substantially. Both airlines are also actively searching for alternative fuel.
Japan's Prime Minister's focus on improving the nation's day care facilities to help women population work. This, he believes, plays a pivotal role in improving the sluggish economy as well as their ageing population.
The company aims to establish other R&D offices overseas, especially in the United States and Europe. By doing that, they strive to deliver better quality and technology that could enter globat markets.
