Shares of Japanese automakers surged after U.S. auto tariffs were reportedly lowered to 15% from the current 25%, according to public broadcaster NHK, citing a Japanese official. Stocks of Japan's Honda jumped more than 8%, while Toyota rose above 11%. Nissan jumped over 8%, and Mazda Motor surged over 17%. Mitsubishi Motors popped over 13%.

Trump believes he can deploy tariffs without tradeoffs or distortions. In reality, each new tariff move creates both.

Shares in global carmakers surged after a U.S. trade agreement with Japan sparked optimism for the auto industry. Japanese auto stocks were particularly buoyant, with Toyota closing up 14%, its bigges

Hopefully nobody has forgotten the Toyota GR Yaris M Concept; shown at a surprisingly well-stocked Tokyo show in January, it suggested the mid-engined hot hatch - a la Clio V6 - somehow wasn’t done yet.

For many years, Japanese automakers have received a stellar reputation for making some of the most reliable cars you can buy. Brands such as Honda, Toyota, Nissan, and Lexus are always in ...

Toyota Motor reported a more than doubling of second-quarter profit on Wednesday, helped by a weak yen and strong sales, and raised its full-year forecast by 50%. CNN values your feedback 1.

Best Japanese Large Cars. Toyota Avalon – 9.2 / 10; Nissan Maxima – 8.6 / 10; Best Japanese Luxury Large Cars. Acura RLX – 8.3 / 10; Lexus LS 500 – 7.8 / 10; Best Japanese Sports Cars.

A Toyota car assembly plant in Japan in 2017. Credit... Franck Robichon/EPA, via Shutterstock. By River Akira Davis and Kiuko Notoya. Reporting from Tokyo. Published June 3, 2024 Updated June 6, 2024.