Hans Greimel

The automakers will increase their cooperation on EVs and launch projects in Latin America, India and Europe as part of a deal that addresses friction in their alliance.

As the head of the Lexus premium brand and Gazoo Racing motorsports division, Sato's mission was to break the boring-old Toyota mold by developing fun-to-drive cars that are stylish and cool.

To expand sales in U.S., Alfa Romeo needs a bigger, all-electric vehicle. The new entry will help Alfa Romeo achieve a goal of generating 40 percent of brand global sales from outside Europe by 2030, compared with just 18 percent in 2021.

Koji Sato will be Toyota's next president and CEO, as Akio Toyoda, grandson of the company’s founder, steps up to become chairman.

Japan's homegrown automakers are out in force for the Tokyo Auto Salon, with funky new concepts and reimagined road cars.

The automaker is cutting back worldwide production again on supply chain disruption.

The plan could include EV production in the U.S. as early as 2026-2027. The automaker also will partner with Envision AESC Group, a Chinese-owned battery maker.

Organizers hope the Tokyo auto show will reboot international interest in Asia’s one-time premier auto event and in Japan as a technology leader.

On tap for the redesigned fifth-generation Prius is a new range of more powerful drivetrains with more power.

Mazda hopes to add a second shift to its new Alabama plant as it struggles with staffing amid low unemployment in the U.S. state, where it makes the CX-50.

Operating profit increased but net income fell, largely due to a big one-time charge for the cost of Nissan quitting its Russia business.

The sales and servicing plan for Honda's EV partnership with Sony is still under discussion. But Honda's network of more than 1,000 U.S. dealers are well situated to service the new cars, the automaker's CFO said.

Operating profit more than tripled to 53.8 billion yen ($372.3 million) and net income more than doubled to 44.1 billion yen ($240.4 million) in the three-month period.

Subaru says soaring U.S. labor costs are one reason his company is not thinking of new investments to build electric vehicles Stateside anytime soon.

Toyota warns of looming price increases, saying they are needed to offset surging input costs that automaker's European business to an operating loss in the latest quarter. The big question is how much of an increase customers will be willing to bear.