Pacific trade deal cuts U.S. tariffs on light vehicles, sets new duty-free benchmark for local content

9:26 am U.S. ET | Oct. 5, 2015 | UPDATED: 10/5/15 1:21 pm ET - adds details, reaction
Pacific trade ministers reached a deal on the most sweeping trade liberalization pact in a generation that will lower U.S. tariffs on light vehicles, revamp global auto production and open Japan's market to U.S.-built vehicles.

Pacific trade pact would open Japanese market to U.S. vehicles, report says

8:04 pm U.S. ET | Oct. 2, 2015
A U.S.-Japan agreement on autos trade as part of a sweeping Pacific Rim trade deal would have its own dispute settlement mechanism, including penalties, if Japan does not open its market enough to U.S.

VW damaged trust in auto industry, Japan car group chairman says

6:07 am U.S. ET | Oct. 1, 2015
VW compromised consumer trust in the auto industry by equipping its diesel engines with software that cheated emissions tests, the chairman of...

Autos key to driving Pacific trade deal over finish line

2:39 pm U.S. ET | Sept. 29, 2015
For auto parts makers in the Mexican state of Nuevo Leon, the fine print of a Pacific trade deal negotiators aim to wrap up this week could make or...

LG Chem CEO Prabhakar Patil to retire

4:20 pm U.S. ET | Sept. 29, 2015
Prabhakar Patil will retire as CEO of LG Chem Power, effective Wednesday, the battery maker said today.

Turning wood and orange peels into car parts stronger than steel

7:39 am U.S. ET | Sept. 29, 2015
The molecules of plant fibers are being transformed into a lightweight material five times stronger than steel that can be used to make everything...

Japan orders probe of diesel emissions after VW confession

8:37 am U.S. ET | Sept. 29, 2015
Japan's transport ministry has ordered carmakers to investigate whether their diesel vehicles meet the country's emission norms after Volkswagen...

GM may need to cut capacity in Korea as exports slow

10:26 am U.S. ET | Sept. 23, 2015
GM may need to cut production capacity in its South Korean operations if the company can’t increase sales of the vehicles built there, the...

Canada's auto industry may need to accept concessions in Pacific trade talks, prime minister says

6:25 am U.S. ET | Sept. 18, 2015
Automakers with assembly plants in Canada might not be happy with some of the conditions in a proposed 12-nation Pacific trade pact, but the nation...

NGK Insulators to pay $65.3 million U.S. fine for price-fixing, obstruction

3:11 pm U.S. ET | Sept. 3, 2015
Japanese auto supplier NGK Insulators has agreed to plead guilty and pay a $65.

GM expects to be profitable in India in 5 years

6:53 am U.S. ET | Sept. 2, 2015
General Motors expects to be profitable in India in five years as it cuts costs and works toward increasing local content in its cars, the...

Renault, Nissan halt $756 million India investment, report says

5:43 am U.S. ET | Aug. 31, 2015
Renault and alliance partner Nissan have halted plans to invest 50 billion rupees ($756 million) in India because they say they are owed 46 billion...

Toyota plans Olympic all-stars, report says

12:01 am U.S. ET | Aug. 22, 2015
Toyota will capitalize on its sponsorship of the 2020 Olympics by launching a string of new models tied to the games, including a taxi and fuel cell...

Toyota may buy replacement airbag inflators from three Takata rivals

7:24 am U.S. ET | Aug. 21, 2015
Toyota, recalling about 12 million vehicles worldwide to replace Takata airbags, said it may tap three additional suppliers to boost supply of the...

Japan faces shortage of replacement airbags as recalls expand

9:33 am U.S. ET | Aug. 19, 2015
Japan may face a shortfall in supply of replacement airbags as automakers recall 9.

Thai stamping supplier to expand in Michigan

11:51 am U.S. ET | Aug. 11, 2015
Thai Summit America will break ground later this month on a 44,000-square-foot expansion in Michigan.

Toyota still No. 1 where it counts: Profits

12:01 am U.S. ET | Aug. 10, 2015
Toyota Motor Corp.

Honda's $16,000 coupe sells out in Japan after first production run

4:08 pm U.S. ET | Aug. 7, 2015
Honda has sold out all 8,600 of its new roadsters slated for production this year and is fully booked through June.

Japanese score big in N.A. in 1st quarter

12:01 am U.S. ET | Aug. 3, 2015
Booming business in North America was a gleaming bright spot for Japanese automakers in the latest quarter, as sales and operating profits climbed...

GM takes a fresh look at emerging markets

12:01 am U.S. ET | Aug. 2, 2015
GM is spending $5 billion to develop a new family of Chevrolet small cars that it will build and sell in China, Brazil, India, Mexico and other...


Subaru's low-paid foreign workers power an export boom

12:01 am U.S. ET | Aug. 1, 2015
At the heart of Subaru's ongoing U.S.

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Mazda marketer slams autonomous cars, protects 'Zoom-Zoom'

Mazda marketer slams autonomous cars, protects 'Zoom-Zoom'

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