Toyota Motor Corp
FILE - In this March 13, 2015 file photo, Toyota President and CEO Akio Toyoda, left, and IOC President Thomas Bach pose with a signed document during a press conference in Tokyo as Toyota signed on as a worldwide Olympic sponsor in a landmark deal, becoming the first car company to join the IOC's top-tier marketing program. Toyota won't be airing any Olympic-themed advertisements on Japanese TV during the Tokyo Games despite being one of the IOC's top corporate sponsors. The unusual decision by the country's top automaker underlines how polarizing the Games have become in Japan as COVID-19 infections rise ahead of the July 23, 2021, opening ceremony.(AP Photo/Eugene Hoshiko, File)
Olympic sponsor Toyota pulls Games-related TV ads in Japan

By Yuri Kageyama Jul. 19, 2021 04:02 AM EDT

An employee of the beverage maker Suntory receives a Moderna COVID-19 vaccine shot at their office building as the company began its workplace vaccination Monday, June 21, 2021, in Tokyo. Thousands of Japanese companies began distributing COVID-19 vaccines to workers and their families Monday in an employer-led drive reaching more than 13 million people that aims to rev up the nation's slow vaccine rollout. (AP Photo/Eugene Hoshiko)
Companies give vaccines to workers, boosting Japan's rollout

By Yuri Kageyama Jun. 21, 2021 01:25 AM EDT

Covid 19 Vaccine Minister Taro Kono, center, and Masayoshi Son, chief executive of technology company SoftBank Group Corp., left, speak to media after visiting an inoculation site set up by Japanese technology company SoftBank Group Corp. at a WeWork office Tuesday, June 15, 2021, in Tokyo. Japanese companies have joined the effort to speed up the country’s lagging coronavirus vaccine rollout before the Tokyo Olympics begin next month. (AP Photo/Yuri Kageyama)
Vaccine laggard Japan steps up shots with company efforts

By Yuri Kageyama Jun. 15, 2021 07:31 AM EDT

A man wearing a protective mask to help curb the spread of the coronavirus walks past the logo of Honda Motor Company Thursday, May 13, 2021, in Tokyo. Honda swung into the black in January-March, recording a 213 billion yen ($2 billion) profit, despite the ongoing uncertainties unleashed by the coronavirus pandemic, the results, released Friday, May 14, 2021. (AP Photo/Eugene Hoshiko)
Honda returns to quarterly profit despite pandemic damage

By Yuri Kageyama May. 14, 2021 05:40 AM EDT

The company logo adorns a sign outside a Toyota dealership Sunday, March 21, 2021, in Lakewood, Colo. Toyota reported Wednesday, May 12, 2021, its January-March profit more than doubled from the previous year to 777 billion yen ($7 billion), as the Japanese automaker’s sales gradually recovered from the damage of the coronavirus pandemic. (AP Photo/David Zalubowski)
Japan's Toyota says profit soared in Jan-March amid pandemic

By Yuri Kageyama May. 12, 2021 03:31 AM EDT

A woman wearing a face mask to to help curb the spread of the coronavirus walks by the logo of Nissan seen at the automaker's showroom in Tokyo Tuesday, May 11, 2021. Nissan reduced its losses for January-March, compared to last year, as restructuring efforts kicked in, despite the sales damage from the coronavirus pandemic, the Japanese automaker said Tuesday. (AP Photo/Eugene Hoshiko)
Japan's Nissan sees smaller loss, promises sales recovery

By Yuri Kageyama May. 11, 2021 06:50 AM EDT

The 2022 Next Gen Toyota Camry Cup car was unveiled during a NASCAR media event in Charlotte, N.C., Wednesday, May 5, 2021. (AP Photo/Mike McCarn)
NASCAR returns to roots with sleek new pony cars for 2022

By Jenna Fryer May. 06, 2021 02:01 AM EDT

A row of unsold 2021 QX50 sports-utility vehicles sits at an Infiniti dealership, Sunday, Dec. 27, 2020, in Highlands Ranch, Colo. U.S. auto sales rose more than 11% in the first quarter, as strong March 2021 sales far outpaced 2020 when coronavirus pandemic began. (AP Photo/David Zalubowski)
Auto sales rise 11% in 1Q on strong showing in March

Apr. 01, 2021 09:02 PM EDT

Auto industry braces for more chip shortages after fire

Mar. 22, 2021 01:42 PM EDT
NEW YORK (AP) — A fire at a plant owned by Japanese chipmaker Renesas could deepen the ongoing global semiconductor shortage that has especially hampered...

FILE - In this Tuesday, Feb. 25, 2020 file photo, Electric car ID.3 cars stand at the factory area during a press tour at the plant of the German manufacturer Volkswagen AG ,VW, in Zwickau, Germany. Automaker Volkswagen tripled sales of battery-only cars last year as its new electric compact ID.3 came on the market ahead of tough new limits on auto emissions. (AP Photo/Jens Meyer, file)
Volkswagen weathers pandemic with $10.7 billion profit

By David Mchugh Feb. 26, 2021 08:45 AM EST

In this image made from video, cars drive through the used vehicle lot at a LaFontaine auto dealership in Fenton Township, Mich., Thursday, Jan. 28, 2021. A chain reaction touched off by the coronavirus pandemic has pushed new-vehicle prices to record highs and dramatically driven up the cost of used ones. (AP Photo/Mike Householder)
New or used? Either way, price hikes squeeze US auto buyers

By Tom Krisher And Mike Householder Feb. 23, 2021 09:37 AM EST

A man wearing a protective mask walks in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm Wednesday, Feb. 17, 2021, in Tokyo. Asian shares were lower Wednesday as investors sold to lock in profits from the recent rally driven by hopes economies will gradually return to a pre-pandemic normal. (AP Photo/Eugene Hoshiko)
Asian shares slip on profit-taking, hopes grow for recovery

By Yuri Kageyama Feb. 16, 2021 02:19 AM EST

FILE - In this Jan. 24, 2014, file photo, former Japanese Prime Minister Yoshiro Mori answers a reporter's question at a press conference in Tokyo as Mori was officially appointed head of the Tokyo 2020 Summer Olympic organizing committee. Mori resigned Friday, Feb. 12, 2021 as the president of the Tokyo Olympic organizing committee following sexist comments implying women talk too much. (AP photo/Junji Kurokawa, File)
Mori is gone but gender issues remain for Tokyo Olympics

By Stephen Wade Feb. 12, 2021 06:59 AM EST

Visitors walk at a Toyota showroom in Tokyo, on Nov. 2, 2020. Toyota reported a 50% jump in its October to December profit Wednesday, Feb. 10, 2021, underlining a solid recovery at the Japanese automaker from the damage of the coronavirus pandemic. (AP Photo/Koji Sasahara)
Toyota profits up amid solid recovery from pandemic fallout

By Yuri Kageyama Feb. 10, 2021 12:58 AM EST

A woman wearing a face mask walks in front of a Honda Motor Co. showroom in Tokyo, Tuesday, Feb. 9, 2021. Japanese automaker Honda reported Tuesday its fiscal third quarter profit more than doubled to 284 billion yen ($2.7 billion) despite the coronavirus pandemic as auto sales grew in Japan and the U.S. (AP Photo/Koji Sasahara)
Japan automaker Honda's profit rises despite pandemic damage

By Yuri Kageyama Feb. 09, 2021 02:06 AM EST

A long row of unsold 2021 QX50 sports-utility vehicles sits at an Infiniti dealership Sunday, Dec. 27, 2020, in Highlands Ranch, Colo. U.S. auto sales are expected to be down only about 15% for the year, with the average price hitting a record high as sales bounced back during the second half of the year. AP Photo/David Zalubowski)
Late sales rebound helps US automakers avoid 2020 disaster

By Tom Krisher Jan. 05, 2021 05:56 PM EST

FILE - In this June 24, 2019, file photo machines work on a Ford vehicle assembly line at Ford's Chicago Assembly Plant in Chicago. American factories expanded at a faster pace last month, continuing a rebound from the coronavirus recession. The Institute for Supply Management, an association of purchasing managers, reported Tuesday, Sept. 1, 2020, that its manufacturing index climbed to 56 in August from 54.2 in July. (AP Photo/Amr Alfiky, File)
US factories grew in December at fastest pace since mid-2018

By Martin Crutsinger Jan. 05, 2021 10:27 AM EST

FILE - In this Thursday, Feb. 23, 2017, file photo, the logo of PSA Group is pictured in Paris. Italian-American carmaker Fiat Chrysler Shareholders of Fiat Chrysler and France's PSA Group are meeting Monday, Jan. 4, 2021 to vote on a merger that will create the world's fourth-largest automaker. The new company called Stellantis will be run by PSA CEO Carlos Tavares, who is known for cutting vehicles or ventures that don't make money. (AP Photo/Christophe Ena, File)
Fiat Chrysler, Peugeot shareholders approve merger

By Colleen Barry And Tom Krisher Jan. 04, 2021 04:24 AM EST

This May 20, 2020, photo provided by Smithfield Foods shows some of the measures the company says it has taken to limit the spread of the coronavirus inside its plants. Workers inside its Sioux Falls, South Dakota, pork processing plant wear protective gear and are separated by plastic partitions as they carve up meat. (Photo courtesy Smithfield Foods via AP)
US plants hope to maintain production despite virus threat

By Josh Funk And Tom Krisher Dec. 25, 2020 10:17 AM EST

People walk by a Honda car displayed in front of a Honda Motor Co. showroom in Tokyo, Monday, Nov. 2, 2020. Japanese automaker Honda reported Friday, Nov. 6, 2020 that its profit rose 23% from a year earlier in the last quarter, despite a pandemic that has slammed businesses around the world. (AP Photo/Koji Sasahara)
Japan automaker Honda reports profit rise despite pandemic

By Yuri Kageyama Nov. 06, 2020 02:36 AM EST