Takata's remaining two bidders to seek court-led turnaround in Japan, report says

UPDATED: 1/19/17 6:21 am ET - adds details

Takata's two remaining bidders plan to propose a court-mediated turnaround for the Japanese operations of the troubled airbag supplier, the Nikkei business daily reported.


Hyundai, Kia plan $3.1 billion U.S. investment, consider new plant

UPDATED: 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.

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

Sign up for our daily newsletter

We'll send you the top news of the day each weekday afternoon.

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.

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.

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.