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Toyota raises Japanese base wages for first time since 2008

Toyota is on track for record profits, and in return, its Japanese workers are receiving their first increase in base wages since 2008, plus higher pay based on seniority and a larger bonus for 2014. The Japanese automaker predicts the average laborer will net a 2.9 percent income gain.
The average Toyota employee will earn 2,700 yen ($26.28) more each month, a 0.8 percent increase from last year. Workers will also receive about 7,300 yen ($71.09) more monthly based on seniority and promotions. Finally, the company's union pushed through a median bonus of 2.44 million yen ($23,768) for 2014, the highest in 6 years.
The pay boost comes as Toyota forecasts a record 1.9-trillion yen ($18.5 billion) profit for the fiscal year ending on March 31, according to Bloomberg. It has been helped by the Japanese government's efforts to weaken the yen on international markets and expand inflation. Prime Minister Shinzo Abe has been asking businesses to increase compensation to end years of deflation and offset upcoming higher sales taxes. Honda and Nissan have also raised their wages there in recent months.

'Butching up' the 2017 Honda Ridgeline

Honda has announced a number accessories for the Ridgeline at the Chicago Auto Show: black roof rails, cross bars, running boards, and fender flares; a skid plate; a hard tonneau cover; special 18-inch wheels with all-terrain tires; and a towing kit. Most of these items are to be expected, while a few others raise an eyebrow. It appears that Honda is testing the waters to see if there is an audience for a "butched up" Ridgeline. The skid plate, fender flares, and all-terrain tires all move it a step in that direction visually. I'm not absolutely certain, but I don't think these accessories, which have a slight nod towards off-roading, have been offered by Honda in the past. Perhaps an informed reader can clarify that? There's been no word yet as to whether the tire size is larger, but looking at the image, it appears the tire may have a slightly taller sidewall. I believe the factory 18-inch tire offered is a 265/60, so this may be a 265/65 tire. Again, someone at the Chicago show could clarify this. As tepid as this may seem, it's a start. That's the good news. If these items prove successful, they may just push Honda enough to offer a beefed up trim level. Fingers crossed. This concludes my series of Ridgeline reports. I'm hoping to be at the New York Auto Show in March, and the Ridgeline is on my list of vehicles to crawl all over. If I learn of anything new, you can be assured I will report it here. Related Video: Image Credit: Honda Honda Truck open road

Autoblog Minute: Honda drops Takata, airbag maker fined $70M

US regulators hit Takata Corporation with a substantial fine, and Honda drops the embattled parts supplier. Autoblog's Adam Morath reports on this edition of Autoblog Minute. Show full video transcript text [00:00:00] US regulators hit Takata with a substantial fine, and Honda drops the embattled supplier. I'm Adam Morath and this is your Autoblog Minute. In the latest developments surrounding Takata's deadly airbag scandal, Transportation secretary Anthony Foxx released a statement accusing Takata of providing investigators with quote, "incomplete, inaccurate, and misleading information." Foxx also announced that a 70 million dollar fine, [00:00:30] which could grow to 200 million should Takata Corporation not meet certain conditions. The National Highway Traffic Safety Administration exercised its authority, issuing a mandate to speed up repairs citing 2019 as the deadline to fix recalled cars. Japanese automaker Honda dropped Takata in the wake of the scandal. The company said in a statement: "Honda expects its suppliers to act with integrity at all times and we are deeply troubled by this apparent behavior by one of our suppliers." We'll continue to report [00:01:00] as the story evolves. For Autoblog, I'm Adam Morath. Autoblog Minute is a short-form video news series reporting on all things automotive. Each segment offers a quick and clear picture of what's happening in the automotive industry from the perspective of Autoblog's expert editorial staff, auto executives, and industry professionals.