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Japan may aid carmakers facing U.S. tariff threat

TOKYO — Japan is considering giving carmakers fiscal support including tax breaks to offset the impact from trade frictions with the United States and a sales-tax hike planned for next year, government sources told Reuters on Wednesday. Going into a second round of trade talks with the United States on Sept. 21, Japan is hoping to avert steep tariffs on its car exports and fend off U.S. demands for a bilateral free trade agreement that could put it under pressure to open politically sensitive markets, like agriculture. "If the trade talks pile pressure on Japan's car exports, we would need to consider measures to support the auto industry," a ruling party official said on condition of anonymity because of sensitivity of the matter. The auto industry accounts for about 20 percent of Japan's overall output and around 60-70 percent of the country's trade surplus with the United States, making it vulnerable to U.S. action against Japanese exports. Japan's biggest automakers and components suppliers fear they could take a significant hit if Washington follows through on proposals to hike tariffs on autos and auto parts to 25 percent. Policymakers also worry that an increase in the sales tax from 8 percent to 10 percent planned for October 2019, could cause a slump in sales of big-ticket items such as cars and home. Prime Minister Shinzo Abe has twice postponed the tax hike after the last increase from 5 percent in 2014 dealt a blow to private consumption, which accounts for about 60 percent of the economy. To prevent a pullback in demand after the tax hike, the government may consider large fiscal spending later when it draws up its budget for next year, government sources said. "One option may be to greatly reduce or abolish the automobile purchase tax," one of the government sources said. The government is also considering cuts in the automobile tax and automobile weight tax to help car buyers, the source added. Reporting by Izumi Nakagawa and Tetsushi KajimotoRelated Video: Image Credit: Getty Government/Legal Isuzu Mazda Mitsubishi Nissan Subaru Suzuki Toyota Trump Trump tariffs trade

Junkyard Gem: 1990 Isuzu Pickup, Zombie Response Edition

Isuzu-built pickups first went on sale in North America for the 1972 model year, but with Chevrolet LUV badges. Elsewhere, they were known as the Isuzu KB or Isuzu Faster, But eventually they got Isuzu badges in America, and were named the Isuzu P'up in the early 1980s. Later, they became simply known as the Isuzu Pickup (following Toyota's lead after the US-market Hilux became just the Toyota Truck) starting when the third-generation Faster debuted for 1988. Here's one of those trucks, found in a Denver self-service boneyard last Halloween. I see a lot of zombie-themed decor on junkyard vehicles, mostly just a single decal here or there (often combined with snowboarding and/or cannabis-themed stickers), but someone went above and beyond in the zombification of this Isuzu. This truck started life with a coat of dark blue paint, but that's just too cheerful when you're out hunting down the undead. Now it has a thick coat of flat black and "Toxic Waste Green" stickers everywhere. It appears that you can buy this sticker set on Amazon for under $30 right now. Remember when you'd see these Metal Mulisha stickers all over? In case you're looking for some Get Up Stand Up Light Roast coffee, Marley Coffee has you covered. Someone should write a doctoral dissertation about the stickers found on vehicles in Denver car graveyards. The engine is the 2.6-liter Isuzu straight-four that went into so many Amigos and Rodeos over the years. You should have four-wheel drive and a manual transmission when pursuing zombies across the wastelands of eastern Colorado, especially in the winter, and this truck has both. There's no telling how many miles were on it at the end, because some junkyard shopper nabbed the instrument cluster. While four-wheel-drive small pickups are useful even at age 32, the rust plus the manual transmission (plus the Zombie Appearance Package) would have made this one a tough sell for its final owner. When you have Isuzus of the late 1980s and early 1990s, you have Joe Isuzu! Did you know Joe Isuzu was a phone phreaker? The Isuzu Pickup was slightly cheaper than the Toyota Truck, if you considered only the stripped-down base versions. The only things scarier than Isuzu trucks are Isuzu trucks on sale!

Junkyard Gem: 1986 Isuzu I-Mark Hatchback

Thanks to the long global reach of The General's tentacles, Americans looking for economy cars at GM dealerships during the middle 1980s could buy Suzukis (the Chevrolet Sprint), Opels (the Chevrolet Chevette), Daewoos (the Pontiac LeMans), and Isuzus (the Chevrolet Spectrum). Just as Mitsubishi sold Mirages in the United States while Chrysler continued to sell the Mirage's Colt sibling, Isuzu moved in with the new front-wheel-drive I-Mark to compete with its Spectrum twin. These cars weren't big sellers and they didn't last very long on the road, but I managed to find this '86 in a Denver, Colorado, self-service wrecking yard. The I-Mark was known as the Gemini in its Japanese homeland and in Europe; the front-wheel-drive second-generation Gemini debuted in 1985. This one didn't make it to 150,000 miles, unlike most of its Honda, Toyota, and Nissan competitors, but it was pretty cheap when new. The hatchback listed at $7,149 in 1986, dismayingly more than the stripped-down '86 Civic 1.3 hatchback ($5,479) but closer to the similarly equipped Civic DX hatchback ($6,699). If you were really brave that year, you could have purchased a new Hyundai Excel for a mere $4,995. This is the base engine, a 1.5-liter four rated at 70 horsepower. Believe it or not, an I-Mark Turbo was available a year later, and it boasted 110 horses. My favorite thing about 1980s Isuzus is the way the HVAC controls are labeled. You can choose between "wind in your long, feathered hair" and "wind on your high-heeled disco boots" settings here. This car is in very nice shape for a dated econo-commuter from a long-departed brand, considering that it survived for a good 20 years while being worth approximately scrap value. For the very strong owners of decade-old Chevy Vegas, the Isuzu I-Mark seemed like a wise choice. Some of the first appearances of the soon-to-be-legendary Joe Isuzu were in I-Mark ads. Priced at only $9!