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...decline of Japan's economy and global influence, a phenomenon the Japanese call "Japan passing." Thirty years ago, Japan was much like the China of today, an up-and-coming global power with an economy that was the envy of the world. Japanese companies such as Sony, Toyota and Honda shoved aside their competition from the West. By the late 1980s, Americans came to see Japan's economic firepower as arguably a bigger threat to U.S. global dominance than the nuclear arsenal of the Soviet Union. Today, however, no one is scared of Japan. Growth has been anemic ever since...

Author: /time Magazine | Title: Change in Tokyo: Hatoyama's Bid for Respect | 4/19/2010 | See Source »

...aliens and taken to Venus. Ironically, however, it is Hatoyama himself who is widely known as "the alien," the genesis of which has been credited to his often cryptic turns of phrase that leave Japanese guessing about his true opinions. "He's a very mysterious guy," says Masatoshi Honda, a professor of Japanese politics at the National Graduate Institute for Policy Studies in Tokyo. "We still don't know who Hatoyama...

Author: /time Magazine | Title: Change in Tokyo: Hatoyama's Bid for Respect | 4/19/2010 | See Source »

...three murders that occurred at two locations in the violent Mexican border city of Juárez on the afternoon of March 13 were themselves horrifying enough. Jorge Alberto Salcido, 37, a Mexican citizen whose wife works for the U.S. consulate, was killed at the wheel of his Honda; his two young children were wounded in the gun attack and were rushed to a hospital. Minutes later, say police, gunmen in another part of the city chased down the Toyota SUV driven by Lesley Enriquez, 25, who also worked for the consulate, and her husband Arthur Redelf, 30, both...

Author: /time Magazine | Title: The Juárez Killings: Are the Narcos Fighting Scared? | 3/16/2010 | See Source »

That didn't stop car manufacturers like Toyota and BMW from pulling out of the sport anyway (Honda had quit at the end of 2008.) That leaves only three major carmakers - Ferrari (owned by Fiat), Mercedes-Benz and Renault (though the latter recently sold a majority stake in the racing team to Luxembourg investment firm Genii Capital) - still in F1. "The sport just wasn't delivering the value," says John Howett, head of Toyota Motor Sports. For the new season, some of the old names have been replaced by entrepreneurs with more dash than cash. Ecclestone calls the new teams...

Author: /time Magazine | Title: The Turbulent Times of Formula One | 3/15/2010 | See Source »

...Toyota announces worries about brakes in Prius models. As of Feb. 4, 458 complaints would be filed on the NHTSA's website regarding the 2010 Toyota Prius. By Feb. 8, there would be 1,310 complaints. (The 2010 Honda Insight, by comparison, has just...

Author: /time Magazine | Title: Toyota's Safety Problems: A Checkered History | 2/9/2010 | See Source »

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