Mitsubishi Pauses U.S. Deliveries Over Fears of Trump Tariff Fallout

TOKYO, Apr 14 (News On Japan) - Mitsubishi Motors has suspended shipments of new vehicles to its dealerships in the United States, citing uncertainty over the impact of new U.S. tariffs on imported cars imposed by the Trump administration.

Last year, Mitsubishi sold more than 109,000 vehicles in the U.S., all of which were imported from Japan and other countries.

In response to the 25 percent tariff on imported vehicles announced by the Trump administration, a U.S.-based spokesperson for Mitsubishi said on April 11th that the company has halted vehicle transport at U.S. ports "until further details on the tariffs and future decisions become clear." As a result, shipments to local dealers have been suspended.

The company emphasized that dealerships currently have sufficient inventory, and customer service will not be affected for the time being. However, depending on how future U.S. trade policies unfold, Mitsubishi may be forced to consider additional measures regarding its vehicle imports.

Source: TBS

Palm Tree Falls Near Cannes Film Festival Venue, Injures Japanese Film Worker

A palm tree collapsed near the venue of the Cannes International Film Festival in France on May 17th, seriously injuring a Japanese film industry professional in his 30s.

UK Tourists in Shorts Stranded on Snowy Hokkaido Peak Rescued by Helicopter

Two foreign tourists were rescued by helicopter on May 13th after becoming stranded due to the cold on Mt. Yotei in Kutchan, Hokkaido’s Shiribeshi region, where snow still remains at higher elevations.

Baby Boom at North Safari Sapporo Despite Eviction Plans

Spring has brought a wave of newborn animals to North Safari Sapporo, a privately run zoo in Minami Ward, Sapporo City, even as the facility remains under pressure to remove illegal structures and relocate its animals.

Southern Kyushu Enters Rainy Season Earlier Than Okinawa for First Time in 49 Years

Southern Kyushu has entered the rainy season, marking the first time in 49 years that it has done so earlier than Okinawa. It is also the earliest rainy season start for any region in Japan since the Meteorological Agency began keeping records. Authorities are warning of heavy rainfall not only in Kyushu but across other parts of the country as well.

Saitama Road Collapse Recovery to Take 5-7 Years

A road collapse in Yashio City, Saitama Prefecture is expected to take five to seven years to fully restore, local officials said on Friday, following the recovery of a truck cab that had remained lodged in the sewer system since the January accident.

MEDIA CHANNELS

MORE Business NEWS

US Fund Criticizes Fuji HD for Rejecting Board Nominees

U.S. investment fund Dalton Investments has issued a statement criticizing Fuji Media Holdings for rejecting its proposed board nominees, calling the move "regrettable" and stating it "does not appear to have been seriously considered."

Toyota Unions Secure Highest Wage Hikes Since 2000

Toyota Group unions have secured the highest average wage increase since 2000, with 123 manufacturing unions achieving pay hikes averaging 16,430 yen and a 5.72% increase, according to the All Toyota Labor Federation, which represents about 362,000 members across 307 unions.

Japanese Man Gets 12 Years in China for Spying, Underscoring Risks for Japanese Business Travelers

A Japanese man in his 50s was sentenced to 12 years in prison by a Chinese court on May 13 under the anti-espionage law, following his December 2021 detention in Shanghai and formal arrest in June 2022 after six months of interrogation.

Nissan Plant Closure Raises Alarm in Kitakyushu Over Job Losses

Nissan's plan to shut down several of its production facilities has drawn concern from Kitakyushu Mayor Kenji Takeuchi, who said at a press conference on May 15th that the move is "a matter directly linked to citizens' employment and livelihoods."

Japan’s Top Banks Break Profit Records as Interest Rates Rise

Japan’s three largest banking groups have all reported record net profits for the past fiscal year, with their combined earnings nearing 4 trillion yen.

Toshiba Posts Major Turnaround with Fivefold Jump in Operating Profit

Toshiba announced that it returned to profitability in its earnings report for the fiscal year ending March 2025, posting a net profit of 279 billion yen. Operating profit, a key indicator of core business performance, surged nearly fivefold from the previous year to 198.5 billion yen, driven in part by increased sales of hard disk drives for data centers.

Sony Group Posts Record Profit on Strong Games and Music

Sony Group announced on May 14th that its net profit for the year ending March 2025 rose 17.6% year-on-year to a record 1.1416 trillion yen. The strong performance was driven by brisk sales in its gaming division, including the PlayStation 5, as well as continued growth in its music and film business.

Kadoya and Takemoto Accused of Sesame Oil Cartel

Kadoya Sesame Mills and Takemoto Oil & Fat have been accused of forming a cartel over the wholesale pricing of sesame oil and related products, prompting Japan’s Fair Trade Commission to issue an elimination order against the two companies.

< 2 3 4 5 >