In Japan, the results of the national automobile award 2022/2023 of the year - Japan Car of the Year (JCOTY) have been summed up.

The results of the competition will be summed up by the end of 2022.

Honda having left behind in the race of crossover SUVs is cooking up a couple of all-new CUV models, which according to Japanese media will be unveiled within this year.

Honda is getting ready to switch off its engines as part of a radical restructuring leading to an all-electric future.

Japanese automakers expect vehicle production to be cut by at least 1.3 million units in fiscal year 2021 due to the global semiconductor chip shortage and the c0vid-19 pandemic in Southeast Asia.