Toyota Motor Corp. is discounting its all-electric RAV4 through low-cost lease and loan offers to boost demand for the slow-selling compact crossover that’s powered by a Tesla Motors Inc. battery pack and motor.
The rand fell against the dollar for the first time in three days as strikes began at South Africa’s largest construction companies and its state-owned airline, extending labor disputes beyond gold mines and carmakers.
Asian stocks rose, paring the benchmark equity gauge’s biggest weekly decline in two months, after reports from Europe to the U.S. boosted confidence in the economic recovery and the yen weakened against the dollar.
Strikes that have shut plants owned by Toyota Motor Corp. and General Motors Co. in South Africa may spread to gold mines and construction companies, threatening more than 10 percent of the economy’s output.
Mitsubishi Heavy Industries Ltd.’s new regional jet, Japan’s first such aircraft, won fresh support from U.S. commuter carriers SkyWest Inc. and Trans States Holdings even as its debut was delayed by more than a year.
Ford Motor Co., stepping up criticism of Japan’s auto industry, said a weaker yen lets carmakers led by Toyota Motor Corp. keep open plants that are producing a vehicle glut and threatening U.S. job growth.