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Honda to end its Clarity Fuel Cell model in August : The Asahi Shimbun


Honda Motor Co.’s Clarity Fuel Cell model (Provided by Honda Motor Co.)
Honda Motor Co. said it will discontinue production of the Clarity, its only hydrogen fuel cell model, in August due to sluggish sales so it can concentrate on the development of fully electric vehicles.
Honda announced in April it will manufacture only fuel cell cars and EVs by 2040 in its shift from gas engine vehicles to bring its carbon footprint to zero.
Honda started selling its fuel cell model in 2016, two years after Toyota Motor Corp. released the Mirai fuel cell model.
Though Honda pitches its fuel cell model to rental car agencies in Japan and the United States, the market price in Japan carries a hefty 7.84 million yen ($71,100) price tag after tax. ....

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Toyota Roars Back With Robust Profit Forecast, Share Buyback


Toyota Roars Back With Robust Profit Forecast, Share Buyback
May 12 2021, 7:18 PM
May 12 2021, 9:59 AM
May 12 2021, 7:18 PM
(Bloomberg) Toyota Motor Corp. unveiled a 250 billion yen ($2.3 billion) share buyback and expects to return to pre-pandemic profitability in the current fiscal year as its ability to keep churning out vehicles amid a global shortage of automotive chips puts it in a prime position to capitalize on swiftly recovering demand for cars.
(Bloomberg) Toyota Motor Corp. unveiled a 250 billion yen ($2.3 billion) share buyback and expects to return to pre-pandemic profitability in the current fiscal year as its ability to keep churning out vehicles amid a global shortage of automotive chips puts it in a prime position to capitalize on swiftly recovering demand for cars. ....

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Japan's Nikkei 225 Tops 30,000 for First Time Since 1990


Japan’s Nikkei 225 Tops 30,000 for First Time Since 1990
Bloomberg
2/15/2021
Gearoid Reidy and Min Jeong Lee
(Bloomberg) Japan’s Nikkei 225 Stock Average topped 30,000 yen for the first time since August 1990, as it continued its charge back up through levels not seen since the collapse of the bubble economy.
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The gauge rose 1.9% to close at 30,084.15 on Monday, amid signs an economic recovery is intact at home and hopes of progress in U.S. stimulus talks. While equities globally have hit new heights in recent months, the Nikkei 225 still needs to gain almost 30% to surpass its record of 38,915.87. That was reached in the final trading session of 1989, before the index went on to lose more than half its value in three years after the economic bubble burst. ....

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Nikkei 225 passes 30,000 for first time since 1990

Japan’s Nikkei 225 Stock Average topped 30,000 for the first time since August 1990, as it continued its charge back up through levels not seen since the collapse of the bubble economy.
The gauge rose 1.9 percent to close at 30,084.15 yesterday, amid signs an economic recovery is intact at home and hopes of progress in US stimulus talks. While equities globally have hit new heights in recent months, the Nikkei 225 still needs to gain almost 30 percent to surpass its record of 38,915.87. That was reached in the final trading session of 1989, before the index went on to ....

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