Hyundai, Kia plan $3.1 billion U.S. investment, consider new plantUPDATED: 1/17/17 7:22 am ET -- adds analyst comment
Hyundai and Kia said they will spend $3.1 billion in the U.S. in the next five years, joining other vehicle manufacturers in announcing investment plans amid threats from President-elect Donald Trump of higher levies on auto imports from Mexico.
Honda to resume Civic sedan output in Japan; weighs U.S. exports
Volkswagen executives indicted by S. Korea prosecutors
South Korean prosecutors indicted seven current and former executives and employees of Volkswagen Group's local unit for alleged violation of the Clean Air Conservation Act and other charges as part of a year-long investigation into emissions cheating at the group.
S. Korean Volkswagen exec gets jail term in emissions scandal fallout
Korea bans sales of some BMW, Porsche, Nissan models in emissions probe
South Korea banned the sale of 10 models built by BMW, Porsche and Nissan after an investigation found the automakers fabricated documents related to emission tests. The three manufacturers were slapped with total fines of $5.9 million.
Japan's once-dominant carmakers face big pay hikes to lure tech talent
Attracting the best information technologists is becoming increasingly important in Japan for Toyota, Honda Motor and Nissan as they seek a bigger share of revenue from IT-driven services such as ride-sharing and cloud-based monitoring of vehicles.
Blindsided by SUV boom, Hyundai Motor trims costs, perks
Headed for a fourth straight annual profit decline, Hyundai Motor is trimming its cost fat. The automaker has been hit by its exposure to weak emerging markets and a product lineup that features more sedans than SUVs, just as SUVs have become more popular.
Toyota C-HR to bank on design, driving dynamics to conquest customers
S. Korea to slap VW with record fine, pursue execs over emissions ads
Panasonic in final talks to buy headlight maker ZKW, report says
Panasonic is in the final stages of talks to buy Austrian automotive headlight maker ZKW Group for up to $1 billion, accelerating its push into the automotive electronics market, the Nikkei business daily reported today.
GM builds final Australian engine
Australian auto industry wind-down continues with General Motors ending engine production after nearly 70 years. Car production stops next year when GM and Toyota close plants, putting an end to Australia's auto industry.