Toyota and Honda Open Manufacturing Plants   The new coronavirus has not only affected the local automotive industry, it has also affected the entire global automotive industry. The auto parts supply chain was also affected, which increases ve...

Mazda Seeks $ 2.8 Billion Loan to Survive Coronavirus Crisis   Mazda is seeking 300 billion yen ($ 2.8 billion) in loans from the three "mega banks" and other Japanese lenders to help it overcome the coronavirus pandemic, the Reuters news agen...

Korean Car Exports Suffer the Largest Decline in 11 years   South Korea's auto exports in April posted the largest decline since the financial crisis 11 years ago. According to the Ministry of Commerce, Industry, and Energy (MOTIE) and the Kor...

China's Auto Sector Remains Stable Despite Falling Sales   China's auto sector will remain stable and positive in the long term despite declining car sales in the past two years, an official with the Chinese economic planner said on Thursday. ...

Toyota Expects 80% Profit Drop this Year as Virus Weakens Car Sales   Toyota Motor said on Tuesday that it expects profits to drop 80% to their lowest level in nine years as Japan's largest automaker grapples with the impact of the new coronav...

Japan Urges India to Allow Companies to Restart Operations   Japan has asked that its companies in India be allowed to return to work. The request was relayed by Japanese Foreign Minister Motegi Toshimitsu during a phone conversation with his ...

Japanese Auto Industry Vows to Protect Jobs During Virus Crisis   Toyota Chief Executive Akio Toyoda promised on Friday that the Japanese auto industry will seek to protect jobs worldwide while enduring the coronavirus pandemic. Bringing toget...

Honda Extends Production Suspension and Staff Furlough for one week   Honda officials in North America announced Thursday that the company is extending its suspension of car production in North America for a week, and is also adding an additio...

Analysis of the USD / JPY Prices: Offer Close to 107.80 with the Breaking of the Triangle Descending at 4H   The USD / JPY flashes green near 107.80 at the time of the press, with an offer of the US dollar in the middle of a new tone of risk r...

USD / JPY Analysis: Down Below 107.60   In the past few trading days, the USD / JPY currency pair has fallen to the support level - the weekly S2 at 107.53. Tuesday morning, the pair broke the support provided. Since the 55-hour SMA is pushing...

Japanese Yen Hit by Impending Coronavirus Emergency   The dollar rises managed to hold the pair above a support band formed by two key Fibonacci retracements from the impressive USD / JPY hike between March 9 and March 24. This band is between...

USD / JPY describes latest risk reset, still below 108.00   The USD / JPY portrays a lack of momentum, despite recovery gains recorded on Monday, as the rounds totaled 107.85 in the middle of Tuesday's Asian session. While some positive news f...