• News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa
Thursday, February 26, 2026
  • Login
Auto Journal Africa
  • News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa
Ask Autojorunal AI
No Result
View All Result
  • News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa
No Result
View All Result
Morning News
No Result
View All Result
Home Business

Japan Auto Union refuses to ease wage demands as tariffs hit profits

David Ijaseun by David Ijaseun
November 16, 2025
in Business, Cars/SUVs
0
Japan’s auto workers’ union (JAW) source: Reuters
1.3k
SHARES
11.5k
VIEWS
Share on FacebookShare on Twitter

Japan’s biggest auto workers’ union says it will not soften its wage demands next year, even as U.S. tariffs hit company profits and force the industry into what leaders call a “critical moment.”

Akihiro Kaneko, head of the Confederation of Japan Automobile Workers’ Unions (JAW), told Reuters the group must protect workers as rising prices erode earnings.

READ ALSO

Ride of the day: The 2026 Mazda CX-5

How luxury cars secretly make their way into Russia despite war sanctions

Union says wage cuts not an option

Kaneko said real wages are still falling, even after strong pay gains this year. “With inflation persisting and real wages still lagging, there’s no option to enter next year’s talks with a weaker stance,” he said.

The auto sector faces a profit drop of about 30% this year due to higher U.S. tariffs. But Kaneko said stopping wage growth now would break the country’s “positive cycle” of higher pay, stronger spending, and faster growth. “This year is about making that cycle last,” he said. “Lowering our push is out of the question.”

Auto sector feels pressure from tariffs

In September, Washington and Tokyo agreed to a new trade deal with a 15% baseline tariff on most Japanese imports. That replaced an earlier 27.5% tariff on autos and planned 25% duties on other goods.

Automakers say the new structure still hurts earnings because the U.S. remains Japan’s largest car export market.

JAW represents 12 unions and 784,000 workers, including staff at Toyota, Honda and major parts suppliers. This year, member unions secured an average monthly wage rise of 4.94%.

BOJ watches talks closely

The auto industry supports more than 5 million jobs in Japan and often sets the tone for national wage talks. Bank of Japan Governor Kazuo Ueda said the central bank needs “a bit more data” to confirm companies will continue raising pay despite weaker profits.

He said the BOJ is watching the auto sector closely as it weighs its next interest rate hike.

Kaneko said the union is ready to work with companies on ways to boost profits, including fairer pricing so suppliers can raise wages too.

Read more on Over 100,000 stranded as Air Canada flight attendants extend strike

Tags: Around the worldHeadlineHondaJapanJapan auto workersToyota

Related Posts

Ride of the day The 2026 Mazda CX-5
Cars/SUVs

Ride of the day: The 2026 Mazda CX-5

February 16, 2026
Luxury cars in Russia [Reuters]
Cars/SUVs

How luxury cars secretly make their way into Russia despite war sanctions

February 13, 2026
30m Ferretti yacht H And Co
Business

Luxury yacht destroyed after grounding in severe storms off Greece

February 13, 2026
Canadian tourists
Business

Florida, California roll out incentives to win back Canadian tourists

February 12, 2026
BMW engine plant marks 25 years with 7.6 million units built
Cars/SUVs

BMW engine plant marks 25 years with 7.6 million units built

February 11, 2026
EV Charger
Cars/SUVs

US proposes 100% ‘Buy America’ rule for federally funded EV chargers

February 11, 2026
Next Post
Blue Island airlines [Source The Independent]

Blue Islands shuts down as govt ends support, cutting 9,200 weekly seats

POPULAR NEWS

Inferno at Toyota 1000 Desert Race consumes 49 cars

Inferno at Toyota 1000 Desert Race consumes 49 cars

July 3, 2023
Mobius Motors

Mobius Motors: Rising taxes, competition ends Kenyan SUV maker’s journey

August 7, 2024
Autojournal car race

Get ready for the biggest RACE show this December in Nigeria

August 12, 2024
From style to sustainability: How Geely Auto is shaping the future of luxury vehicles

From style to sustainability: How Geely Auto is shaping the future of luxury vehicles

October 25, 2024
Oyo State Governor gifts Saheed Osupa Toyota Prado SUV worth ₦70M 

Oyo State Governor gifts Saheed Osupa Toyota Prado SUV worth ₦70M 

August 22, 2023

EDITOR'S PICK

car assembly line

5 countries with the most automobile firms in the world

January 14, 2023
Textron Aviation private jet

Textron delivers first citation ascend as super midsize jet demand takes off

January 8, 2026
Toyota Hilux [Photo Credit CarandDriver]

Toyota Hilux, Ford listed among best-selling cars made in South Africa

August 17, 2023
Lucid vs. Rivian: The battle for America’s EV future heats up

Lucid vs. Rivian: The battle for America’s EV future heats up

June 19, 2025

About

Auto Journal Africa is the leading online and print magazine for automobiles in Africa.

Follow us

Recent Posts

  • Volkswagen AG cost reduction program explained
  • China steps into fighter jet markets Russia can no longer serve
  • Ride of the day: The 2026 Mazda CX-5
  • How luxury cars secretly make their way into Russia despite war sanctions

Links

  • Privacy Policy
  • About Us
  • Contact Us
  • Terms & Conditions
  • News
  • Reviews
  • Events
  • Tools
  • For Sale

© 2023 Auto Journal

No Result
View All Result
  • News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa

© 2023 Auto Journal

Welcome Back!

Sign In with Google
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?