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Ferrari Launches Flagship Testarossa in Japan

TOKYO - Ferrari Japan unveiled the new plug-in hybrid vehicle (PHV) ‘849 Testarossa’ in Tokyo on September 24th, carrying forward the name of the legendary Testarossa.

The model succeeds the flagship SF90 Stradale, with improved engine output and aerodynamics. It can exceed a top speed of 330 kilometers per hour and accelerate from zero to 100 kilometers per hour in just 2.3 seconds.

The car’s name, 849, signifies its eight-cylinder engine with a displacement of 499cc per cylinder. Equipped with a 3,990cc V8 engine and three electric motors, the system delivers a maximum output of 1,050 horsepower, up 50 horsepower from the previous model. The vehicle can travel up to 25 kilometers on electric power alone. The price is set at 64.65 million yen including tax, with deliveries scheduled between the fourth quarter of 2026 and the first half of 2027.

The Testarossa name, which originally symbolized Ferrari’s high-performance engines and became an icon of the 1980s with the 1984 model, continues to shine as a design symbol. The 849 Testarossa inherits this tradition with a striking design, including connected front lights and a large spoiler that enhances aerodynamic performance. Its body measures 4,718mm in length, 2,304mm in width, and 1,225mm in height, with a weight of 1,570kg. Painted in an amber-toned finish, the new flagship has already drawn global attention since its world premiere in Italy earlier this month on September 9th.

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Typhoon No. 15 (Chan-hom) is expected to make landfall near Ibaraki Prefecture between around 6 p.m. and 9 p.m. on August 11, bringing rapidly strengthening winds, high waves and heavy rain to parts of Kanto and southern Tohoku, with unsettled weather potentially continuing even after the storm moves inland.

Japan's H3 Rocket No. 9 successfully placed the Michibiki No. 7 navigation satellite into its planned orbit after lifting off from the Tanegashima Space Center in Kagoshima Prefecture at 4:23 a.m. on August 11, marking the country's second consecutive successful H3 launch.

The Tokaido Shinkansen operated its first overnight service ahead of the Obon holiday period, offering travelers a 15,000 yen trip from the Tokyo area to Kyoto and Shin-Osaka while allowing them to save on hotel costs and arrive earlier than the first regular morning trains.

Typhoon No. 15 is expected to approach and likely make landfall somewhere in the Kanto region on August 11, bringing strong winds and heavy rain that could disrupt conventional rail services, expressways and flights while also affecting a wider area extending into Tohoku.

Raccoons are increasingly invading homes across Japan, damaging roofs and wiring, contaminating buildings with large amounts of urine and feces, and raising concerns over agriculture, native wildlife and the spread of disease as their population continues to expand.

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Japan's street-level economic sentiment improved for a third consecutive month in July, supported by sharply hotter weather after the end of the rainy season and the start of the summer vacation period, with stronger sales of products including men's parasols and air conditioners.

Tokyo stocks rose on August 10, with the Nikkei 225 closing at 66,376.25, up 1.2%, as investors bought electronics, metals and artificial intelligence-related shares, while fresh signs of a more hawkish Bank of Japan debate kept attention on the yen, bond yields and the timing of the next rate increase.

Japan recorded a current account deficit of 92.3 billion yen in June, its first shortfall in 17 months, as a sharp increase in import costs outpaced growth in exports.

Several Bank of Japan policymakers have signaled support for accelerating interest rate increases, with one member warning that the pace of hikes could become faster than financial markets currently expect as the central bank pays greater attention to upside inflation risks.

A repeat of the sharp yen appreciation seen in the summer of 2024 is unlikely under current conditions, with persistently high U.S. interest rates and continued structural pressure on Japan's currency making another rapid surge difficult, according to UBS wealth management chief investment officer Daiju Aoki.

Japanese companies delivered a wave of strong earnings on August 7, with Fujikura, Recruit Holdings, INPEX and several other major groups raising forecasts as artificial intelligence investment, higher resource prices and resilient consumer demand lifted profits.

Tokyo stocks ended slightly lower on August 7, with the Nikkei 225 closing at 65,606.71, down 76.55 points, or 0.12%, as selling in chip-related and artificial intelligence-linked shares outweighed solid buying in the broader market and a late recovery led by Fujikura.

Nippon Steel has completed a new production line at its Nagoya Works after investing about 300 billion yen, as Japan's largest steelmaker seeks to expand production of high-performance steel products primarily for automakers.