Asia
 

Will Japan's auto industry consolidate?

10:21 am U.S. ET | Feb. 10, 2016
Japan's crowded auto industry is poised to look more like other major markets, with three or fewer carmakers left by the end of the decade. That's more than car-loving Germany or the far bigger U.S. market.

Suzuki quarterly operating profit up slightly; net profit outlook trimmed

1:57 pm U.S. ET | Feb. 8, 2016
Suzuki said operating profit rose slightly in the third quarter on healthy demand in India, but trimmed its full-year net profit outlook due to a tax-related issue.

Dual-sourcing dilemma hits Japan again

12:01 am U.S. ET | Feb. 8, 2016
Toyota is suspending production at all assembly lines in Japan because of an explosion at a steel plant.

N.A., Takata, currency sway Japanese earnings

12:01 am U.S. ET | Feb. 8, 2016
Better business in North America helped Subaru, Mazda and Mitsubishi in the October-December quarter.

Mazda says quarterly earnings ease on currency exchange impact

7:21 am U.S. ET | Feb. 4, 2016
Mazda reported a lower-than-expected operating profit for the third fiscal quarter largely due to a stronger yen against the euro and other...

Kia plans first sports sedan next year as it seeks younger, more hip image, report says

10:13 am U.S. ET | Feb. 3, 2016
Kia Motors plans to launch its first sports sedan next year, people familiar with the matter told Reuters, seeking to burnish a sporty, younger image...

GM to launch first compact sedan in India as part of market share quest

6:30 am U.S. ET | Feb. 3, 2016
GM said it plans to build and sell its first compact sedan in India in 2017, entering the country's fastest-growing passenger car segment as part of...

Toyota to suspend Japan output for 6 days as steel parts run low

8:54 pm U.S. ET | Jan. 31, 2016
Toyota will suspend production at all assembly lines in Japan for six days this month due to a parts shortage, hitting exports of such cars as Lexus...

NEWS ANALYSIS

No path to profits: Why Ford exited 2 key Asian markets

12:01 am U.S. ET | Jan. 31, 2016
Frustrated by paltry sales, Ford pulled the plug on its businesses in Japan and Indonesia. In both cases, it couldn't crack a Japan Inc.

Takata says CEO has no plans 'as of now' to step down

5:22 am U.S. ET | Jan. 29, 2016
Takata said its CEO Shigehisa Takada had no intention to resign "as of now" as the airbag maker struggles with a long-running safety recall crisis.

Toyota, crimped by steel shortage, may suspend Japan output

10:18 pm U.S. ET | Jan. 29, 2016
Toyota said it may halt production at its plants in Japan early next month due to a steel shortage, following an explosion at a steel plant operated...

Toyota will decide on buying out rest of Daihatsu on Friday, report says

5:56 am U.S. ET | Jan. 28, 2016
Toyota and Daihatsu will decide at board meetings on Friday if Toyota will make the minivehicle maker a wholly owned subsidiary, Reuters reported.

Ford to close operations in Japan, Indonesia this year

4:18 am U.S. ET | Jan. 25, 2016
Ford will close all operations in Japan and Indonesia this year as it sees "no reasonable path to profitability" there, according to an internal...

VW probed by South Korean antitrust agency over emissions ads

8:32 am U.S. ET | Jan. 22, 2016
Volkswagen is being probed by South Korea's antitrust regulator over claims it made in advertising relating to emissions from its cars, an official...

VW's South Korea chief faces criminal case over emissions recall

4:55 am U.S. ET | Jan. 19, 2016
South Korea plans to file a criminal complaint against the country's Volkswagen and Audi chief.

JAPAN'S LUXURY PLAN

Lexus, Acura and Infiniti search for halos in assault on Germans

12:01 am U.S. ET | Jan. 18, 2016
There's a new luxury plan from Japan, and its message is emotion and power.

Some Nissan websites down for 2nd day after hacking attempt

2:28 pm U.S. ET | Jan. 14, 2016
Nissan websites were down for a second day after an attempted cyberattack by an Anonymous-linked hacker protesting Japanese whaling.

Ford expects 2015 pretax profit to set record, says '16 may be even better

6:58 pm U.S. ET | Jan. 12, 2016
Ford said it earned a record pretax profit of at least $10.5 billion in 2015 and that it would match or beat that result in 2016.

Penske enters Japan with equity buy into luxury dealership group

5:00 pm U.S. ET | Jan. 7, 2016
Penske Automotive Group, making a foray into Japan, acquired a 49 percent equity stake in the Nicole Group, a luxury dealership group with operations...

Takata may get relief from Japanese automakers, paper reports

6:32 am U.S. ET | Jan. 4, 2016
Takata shares surged the most in more than a year after the Sankei newspaper reported that Japanese automakers may provide support to the...

Hyundai, Kia ordered to trim cross holdings by Korean antitrust authorities

6:52 am U.S. ET | Dec. 30, 2015
South Korea’s antitrust regulator ordered Hyundai Motor Group to cut cross-shareholdings strengthened by a merger between two steelmaking...

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