American Cars Could Use Toyota's Sales Network in Japan, VP Says

American carmakers looking to expand sales in Japan could consider using Toyota Motor Corp. 's domestic sales network, according to a senior executive of the Japanese carmaker.
While US carmakers have 163 sales locations in Japan, Toyota holds more than 4,000, Chief Technology Officer Hiroki Nakajima said in a interview published Monday on the company's media site.

Try Our AI Features

Explore what Daily8 AI can do for you:

Learn with AIFact CheckingText to SpeechAI Summary

Related Articles

Yahoo

43 minutes ago

• Yahoo

A South Korean Biotech Firms Gets $183.3M Funding to Build Bitcoin Treasury

Bridge Biotherapeutics (288330), a South Korean biotech company, may be looking to become the country's answer to Strategy (MSTR) or Metaplanet (3350) by adopting a bitcoin treasury strategy. Seongnam-based Bridge has received a 25 billion won ($183.3 million) backing from crypto investment firm Parataxis, with which it will build a BTC treasury. Bridge will change its corporate name to Parataxis Korea and continue to trade on the South Korean stock market KOSDAQ, according to an announcement on Friday. "Inspired by the growing interest in BTC treasury strategies seen in companies like Strategy in the U.S. and Metaplanet in Japan, we believe institutional interest in this space is increasing globally," Parataxis partner Andrew Kim said. More and more companies are copying the playbook of Strategy, which owns more than 2.8% of all the bitcoin that will ever exist. Tokyo-listed hotel operator turned bitcoin investor Metaplanet holds 10,000 BTC ($1.04 billion), making it the largest holding of a public company outside North America. These firms have witnessed dramatic appreciation in their share price as traders cash in on them as a bitcoin-proxy asset. Bridge joins fellow healthcare-adjacent companies Semler Scientific (SMLR) and Prenetics Global (PRE) in adopting a bitcoin treasury strategy. Parataxis is currently preparing to go public in the U.S. via a special purpose acquisition company (SPAC), SilverBox Corp IV (SBXD). Bridge shares closed over 20.5% higher on Friday at 943 won ($0.69).

Yahoo

2 hours ago

• Yahoo

CarMax pops on Q1 earnings: The journey to catch up to Carvana

CarMax (KMX) stock gains after reporting an earnings beat driven by strong demand for used vehicles. Wedbush Securities managing director of equity research Scott Devitt outlines the results and the used car retailer's efforts to catch up to Carvana (CVNA). To watch more expert insights and analysis on the latest market action, check out more Catalysts here. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data

Motor 1

2 hours ago

• Motor 1

‘Am I Being Gaslit?:' Expert Warns Your Sunroof Drains Need Cleaned Yearly. Then He Shows Just How Big a Deal It Can Be

Vehicles require a lot of regular maintenance to keep them running smoothly. You know you need to get your oil changed every 5,000 to 7,500 miles, tires need to be rotated, and brakes inspected. But one thing most people don't think about? Sunroof drains. Get the best news, reviews, columns, and more delivered straight to your inbox, daily. back Sign up For more information, read our Privacy Policy and Terms of Use . It's one car part that people often forget to maintain. But ignoring it could cost you thousands of dollars in repairs. Here's what you need to know before a blocked sunroof drain turns your ride into a moldy, water-damaged mess. Demolished by Clogged Sunroof Drain In a viral video with nearly 500,000 views, mechanic Tyler Sale reveals the surprising amount of damage one car had because of a simple lack of maintenance. This can happen to anyone with a sunroof. 'Just your daily reminder to get your sunroof drain cleared out once a year. It prevents you from spending a good amount of money to get your carpet replaced and all this mold that's in here taken out,' Sale says. In the video, Sale shows that he had to take out much of the front interior of the car, including the carpet, seats, and center console, essentially stripping the interior down to the bare bones. There are dark marks under where the carpeting was, and Sale seems to say that they're not just water marks—they're mold. 'Bummer day for this customer,' he adds empathetically. What is a Sunroof Drain? A sunroof drain is a small tube that drains water from the sunroof to prevent leaks in your car. Most sunroofs have drain holes in each corner that feed into the drain hose. The hose goes through the panels of the vehicle's body to allow the water to escape. Trending Now 'Making It Personal:' Man Buys 'Lemon' Ford F-150 From Used Car Dealership. Then He Decides to Get a Custom Wrap and Warn Buyers 'I Bet You Didn't Know This:' Woman Discovers This Little-Known Perk to Driving A Subaru. Then Her Order Comes in the Mail What Happens if the Drain Gets Clogged? If your sunroof's drain holes are blocked by dirt, debris, and leaves, they won't be able to serve their function of draining water. Instead, it'll accumulate in the drainage container and eventually spill into the cabin. This can also lead to potential electrical issues. Can You Fix It Yourself? While there are DIY fixes, be warned that you may end up disconnecting, puncturing, or otherwise damaging the drain tubes. This would then require removal of the car's headliner, which could be a costly mistake. If you do plan to attempt to clean your car's sunroof drain on your own, bear in mind that you should: Inspect your sunroof frame or consult the owner's manual to locate the drains; Pour water down the hole; If the water doesn't drain, use a string trimmer line from a garden trimmer or plumber's snake to clear up and push out the blockage. You can also use a toothbrush or other small, stiff-bristled brush to scrub and dislodge debris from the sunroof drain trough; and Pour water again to see if the blockage was cleared up. Warning: Do not use pressurized air as a solution. While this seems like a logical fix, it can cause the hose to disconnect. How to Unclog or Clean a Sunroof Drain If the problem still isn't resolved, then it's time to take it to a mechanic. Ignorance Isn't Bliss People in the comments largely said that they had no idea that sunroofs require this type of maintenance. 'Wait this my first time hearing we need to do that,' a top comment read. 'Never have I ever had a sunroof drain cleaned out,' a person said. 'Daily reminder not to have a sunroof,' another wrote. 'I barely want to put gas now I need to stress about this,' a commenter added. Motor1 reached out to Sale for comment via TikTok direct message and comment. We'll be sure to update this if he responds. More From Motor1 'I'm Absolutely Doing This:' Arizona Man Shares Little-Known Sunroof Trick to Stay Cool. Then He Slides It Open to Show Off Dodge Demon 170 Sunroof Costs $10k To Discourage People From Ordering It The New Audi Q3 Gets Split Lights and a Column Shifter The Porsche Taycan Turbo GT Just Set Another Lap Record Share this Story Facebook X LinkedIn Flipboard Reddit WhatsApp E-Mail Got a tip for us? Email: tips@ Join the conversation ( )