Asia

Hyundai group under pressure from U.S. activist hedge fund with $1 billion stake

7:32 am U.S. ET | April 4, 2018

A unit of activist hedge fund Elliott Management revealed that it holds more than $1 billion worth of shares in key affiliates of Hyundai Motor Group and called for more rapid reform of the auto giant's governance.... Read More »

Female Hyundai executive resigns amid #MeToo movement

8:30 am U.S. ET | April 3, 2018

A female Hyundai executive in South Korea has resigned after being accused of pressuring female subordinates to pour drinks for and dance with senior male members of staff.... Read More »

GM wants to halt shift at Korean plant as sales dive

6:38 am U.S. ET | April 2, 2018

General Motors' South Korean unit has proposed suspending one of two shifts at a plant near Seoul, an internal union newsletter seen by Reuters showed.... Read More »

Trump delivers for Detroit 3 with Korea deal

12:01 am U.S. ET | April 2, 2018

The agreement, which faces legislative review in both countries, addresses a big imbalance in the automobile trade between the U.S. and South Korea.... Read More »

Nontariff barriers in Japan? Not for Volkswagen

12:01 am U.S. ET | March 31, 2018

The head of Volkswagen Japan says nontariff barriers are a nonissue in Japan.... Read More »

Ghosn seeks Renault-Nissan deal for when 'mere mortal' steps in

6:09 am U.S. ET | March 30, 2018

Carlos Ghosn has revived two troubled automakers and he's in the midst of doing so with a third. Now, he's poised to undertake what might well be his final act: A full merger of Renault SA and Nissan Motor Co.... Read More »

Skoda to decide on low-cost platform by mid-year

March 29, 2018 06:01 CET

VW Group subsidiary Skoda will decide by mid-year whether to develop a low-cost version of the group's small-car platform. Skoda CEO Bernhard Maier said that if the project is approved, the first cars based on the budget platform would go on sale around 2021.... Read More »

Italdesign will design minicars for VinFast

March 29, 2018 06:01 CET

Italdesign will style two new minicars for VinFast, which aims to be Vietnam's first domestic automaker. The VW Group design subsidiary previously earned the chance to style an SUV and sedan for VinFast.... Read More »

Nissan will return to Pakistan with Datsun brand

March 28, 2018 14:29 CET

Nissan will resume building and selling cars in Pakistan next year, with its entry-level Datsun brand becoming the latest global automaker to operate in a market tipped to expand in coming years.... Read More »

Hyundai union calls revised trade deal with U.S. 'humiliating'

7:17 am U.S. ET | March 27, 2018

Hyundai's South Korean labor union called the nation's revised free trade deal with the United States "humiliating," and said the extended tariffs on pickups mean a missed opportunity to tap into the American market.... Read More »

GM says South Korean unit will file for bankruptcy if no union concessions

10:33 pm U.S. ET | March 26, 2018

General Motors said its loss-making South Korean operations would file for bankruptcy if its union did not agree to cut labor costs by April 20, the union said.... Read More »

U.S., South Korea revise trade deal; Korean steel faces quota

1:31 pm U.S. ET | March 26, 2018

The United States and South Korea agreed to revise a trade pact with American automakers winning improved market access and Korean steelmakers hit with quotas but avoiding hefty tariffs.... Read More »

GM factory worker in South Korea found dead in suspected suicide

11:25 am U.S. ET | March 25, 2018

A worker at a GM plant in South Korea was found dead in a suspected suicide after filing for a voluntary redundancy program at the company's ailing unit, union officials and police said.... Read More »

Ford, India's Mahindra to develop SUVs, electric vehicle

11:29 am U.S. ET | March 22, 2018

Ford and India's Mahindra & Mahindra said they have signed an agreement to develop midsize and compact SUVs and an electric vehicle.... Read More »

Renault said to shift more Clio production to Turkey

March 16, 2018 18:00 CET

Renault plans to move more production of its Clio subcompact to Turkey, Reuters reported. The shift is likely to be the start of a French manufacturing phaseout for the brand's top-selling model, a move that would be politically sensitive in France.... Read More »

Japan's automakers warn of higher prices following Trump tariffs

7:07 am U.S. ET | March 15, 2018

Japan's automaker lobby warned car prices will rise following President Trump's new tariffs on steel and aluminum but said it was too early to say by how much.... Read More »

South Korea willing to offer short-term loans to GM

6:36 am U.S. ET | March 14, 2018

South Korea's Korea Development Bank said it would provide short-term loans to General Motors' South Korean unit after April, should the company cooperate with due diligence.... Read More »

VIDEO: First Shift: Buick vehicles without the 'Buick' badge

8:00 am U.S. ET | March 13, 2018

'Buick' name stripped from Envision, rest of '19 lineup - reports; VW to expand EV output; UAW accuses Tesla of retaliation; GM's new HR boss; Volvo aims S60 at young, affluent.... Read More »

GM's Ammann: 'Shared sacrifice' needed to fix Korea unit

6:42 pm U.S. ET | March 12, 2018

GM President Dan Ammann says the automaker's troubled South Korean operations can be a "sustainable, profitable business," if unions and the South Korean government agree quickly on a restructuring.... Read More »

GM confirms investment plans for South Korea unit

11:55 am U.S. ET | March 9, 2018

GM confirmed details of a proposed investment in its loss-making South Korean business, but said it was subject to support from Seoul and GM's Korean union.... Read More »

Mahindra doesn't fear trade war as world needs India

10:00 am U.S. ET | March 9, 2018

Anand Mahindra, chairman of India's largest SUV maker, can't understand why Indian markets seem perturbed by the threat of a global tariff war.... Read More »

As Trump adviser leaves, a win for hard-line tariff supporters

8:36 am U.S. ET | March 7, 2018

Gary Cohn's departure from the White House is a victory for the protectionists who have sought to push President Donald Trump to fully embrace their views.... Read More »

Mercedes, BMW gain ground in S. Korea, outselling GM for first time

March 7, 2018 09:35 CET

Mercedes and BMW both sold more cars in South Korea than GM for the first time last month, helped by the growing popularity of German premium brands and a consumer shift away from GM after it announced a major restructuring.... Read More »

Toyota, Kobe hit with U.S. lawsuit over vehicle metal quality

3:24 pm U.S. ET | March 6, 2018

Consumers filed a federal lawsuit against Kobe Steel and Toyota accusing the companies of violating consumer protection laws by concealing the use of sub-standard metal components in vehicles.... Read More »

Skoda could begin sales of low-cost car in India by 2021

March 5, 2018 16:53 CET

Skoda could start selling low-cost vehicles in the country in 2021, CEO Bernhard Maier told a German business paper.... Read More »

 
Why BMW envisions its iNext as an SUV

Christiaan Hetzner
12:01 am U.S. ET | May 23 2018

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BMW looks likely to follow Audi's e-tron and Mercedes's EQC with its own battery-powered full-size S ...
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Can autonomous vehicles be developed without risking lives?

Dave Guilford
12:01 am U.S. ET | May 14 2018

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It's easy to become enamoured of the accident-free future with autonomous cars, but before that time ...
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Porsche wants Chinese buyers to love the 911

Christiaan Hetzner
4:31 am U.S. ET | May 11 2018

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China may be Porsche's biggest market but sales of its 911 sports car are poor. ...
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Lessons learned from DaimlerChrysler

Richard Johnson
8:50 am U.S. ET | May 9 2018

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Conventional wisdom is that the combining of Daimler-Benz with Chrysler failed because of a clash of cultures, but that's an oversimplification. ...
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VW hopes marketing overhaul will banish diesel stain

Christiaan Hetzner
12:01 am U.S. ET | May 1 2018

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VW will support the launch of its I.D. ...
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Renault's push to grow outside Europe is off to a mixed start

Peter Sigal
8:50 am U.S. ET | April 27 2018

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Carlos Ghosn is betting that Renault's sales outside of Europe will drive revenues over the next six years. ...
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Why it won't be easy for global automakers to part with Chinese partners

Yang Jian
12:01 am U.S. ET | April 23 2018

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The Chinese government will phase out restrictions on foreign ownership of joint ventures with domes ...
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Schaeffler looks beyond ball-bearings with future urban mobility ideas

Peter Sigal
4:52 am U.S. ET | April 19 2018

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Schaeffler is looking toward the future of mobility with new products that include the Mover, a comp ...
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Key takeaways from VW's wild week

Christiaan Hetzner
7:13 am U.S. ET | April 13 2018

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Audi loses, Porsche wins and why VW Group parted ways with Matthias Mueller were among the key takea ...
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Pininfarina preps H500 concept as Tesla fighter

Jay Ramey
12:01 am U.S. ET | April 13 2018

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Pininfarina is joining with Hong Kong's Hybrid Kinetic Group to develop "clean energy vehicles," and ...
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Newsletters & Alerts
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VW, Toyota, Dacia rise as Europe sales rise 10% in April
VW, Toyota and Dacia all saw their European sales rise sharply in April, outpacing a market that gre ...
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Russian sales rise 18% as buyers try to beat price hikes
New-car sales in Russia rose 18 percent in April, as consumers hastened purchases anticipating that ...
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UK sales increase 10% amid diesel slump
UK registrations rose 10 percent in April, reflecting a poor performance in the same month last year ...
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VW brand continues to recover in German market up 8%
VW brand continued to recover in its German home market last month with a 15 percent increase in reg ...
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Toyota, Hyundai and Kia among winners as Spanish sales rise 12%
New-car registrations in Spain increased 12 percent in April, with Toyota, Hyundai and Kia among the ...
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Private demand drives Italy's 7% growth
New-car sales in Italy rose 6. ...
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Hyundai, Fiat, Dacia gain as French sales rise 9%
French registrations rose 9 percent in April, led by strong gains at Dacia, Hyundai, Kia, Fiat and D ...
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Mercedes leads China luxury car sales despite Audi surge
Mercedes brand retained its lead as China's top-selling luxury brand so far this year despite a surg ...
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Nissan, Ford, Fiat among losers as Europe sales fall 5%
Nissan, Ford and Fiat brand saw their European sales decline steeply in March as industrywide regist ...
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Premium automakers add drivetrains, body styles to stabilize midsize sales
Europe's premium automakers are diversifying drivetrain and body style choices in the core midsize s ...
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Europe's automakers invest in sedans despite SUV surge
Automakers in Europe are continuing to invest in sedans even though the body style has been losing c ...
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Hyundai, Seat add body styles to spice up key sector
Automakers such as Hyundai, Ford, Kia and Seat are experimenting with new compact-car body styles in ...
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Audi, BMW forecast to give key SUV sector a lift with new flagships
A two-year slump in the demand for premium large SUVs in Europe is expected to end in 2019 as BMW an ...
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Tesla Model S outsells German luxury flagships in Europe
Germany's premium brands are under pressure to accelerate their plans for electric cars after Tesla' ...
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Europe's luxury compact car segment forecast to decline for second year
Aging models such as the BMW 1 series and Audi A3 as well as the continued rise of SUV alternatives ...
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Europe's EV sales expected to top 200,000 this year
Sales of full-electric cars are set to surge to 200,000 this year, helped by the arrival of the new ...
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VW, Peugeot, Seat propel compact SUV sector toward new record
Strong demand for new entries from VW, Peugeot and Seat helped to increase European sales in the com ...
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Premium midsize SUVs overtake sedans, wagons in key European segment
Last year for the first time premium SUV models such as the Volvo XC60, Audi Q5 and BMW X3 were more ...
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Renault, Mercedes, Fiat give new life to pickup segment
Renault, Fiat, Mercedes, and soon PSA, are all launching pickup trucks to take on market leader Ford ...
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Continental appoints chief technology officer for China
Continental has named veteran executive Ming Jing to fill the newly created post of head of innovati ...
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Ex-AvtoVAZ CEO Bo Andersson is reborn as a supplier
Bo Andersson has been dispatched by the president of Japan's giant family-owned wiring supplier, Yaz ...
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Seating supplier Adient promotes veteran exec Fleischer to lead Europe business
Seating supplier Adient has promoted veteran executive Ingo Fleischer to head its business in Europe ...
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PSA has new heads for Russia, purchasing; sends sales expert to Opel
PSA has appointed executives to accelerate growth in Russia, boost sales at Opel, and improve purcha ...
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Russia ties stall Wolf's entry on to Porsche board
U.S. economic sanctions imposed on Russia will postpone former Magna International boss Siegfried Wo ...
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Aston Martin recruits veteran VW Group exec to lead exterior design
Aston Martin has recruited Tobias Suehlmann from VW Group's Bugatti brand as its chief exterior desi ...
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Mazda names Americas head Marumoto next CEO
Mazda named Americas chief Akira Marumoto its new CEO as the automaker -- with its limited r&d budge ...
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Rolls-Royce's former engineering chief joins Borgward
Borgward appointed Philip Koehn, former director of engineering at Rolls-Royce, as its chief technol ...
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Jaguar Land Rover prepares for EV future with new manufacturing chief
Jaguar Land Rover said Grant McPherson, its current director of quality and automotive safety, will ...
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Jaguar Land Rover prepares for EV future with new manufacturing chief
Jaguar Land Rover said Grant McPherson, its current director of quality and automotive safety, will ...
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VW takes Touareg upscale with high-tech features
VW has packed its new Touareg with the latest high-tech equipment available, including thermal imagi ...
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VW takes Touareg upscale with high-tech features
VW has packed its new Touareg with the latest high-tech equipment available, including thermal imagi ...
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Hyundai Nexo leads eco charge
Hyundai sees Europe as a key market for its Nexo fuel cell car because the region has more advanced ...
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Hyundai makes Santa Fe more family-friendly
Hyundai hopes more advanced safety and comfort features, better styling and a more refined interior ...
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BMW aims sporty X2 at young buyers
BMW's is aiming its all-new X2 at young and young-at-heart customers.The X2 is a sporty variant of t ...
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With the 720S, McLaren makes a more practical supercar
McLaren has added practical features to its 720S supercar in response to research that showed that m ...
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Nissan Leaf gets big tech, range upgrades
Nissan is counting on its sleeker, more technologically advanced, longer-range Leaf electric car to ...
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Mitsubishi expands reach in compact SUV sector with Eclipse Cross
The arrival of the Mitsubishi Eclipse Cross compact crossover gives the automaker three models that ...
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Jaguar expects to lure new customers with E-Pace
Jaguar sees the new E-Pace SUV as a conquest vehicle for the brand, with 80 percent of buyers new to ...
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With DS 7, PSA gets upscale flagship
PSA says the DS 7 Crossback will stand out from the competition because of its focus on technology, ...
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Suppliers to the new Seat Ateca
Assembly of the all-new Seat Ateca began in April 2016 at parent Volkswagen Group's plant in Kvasiny ...
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Suppliers to the new Porsche 718 Cayman
Assembly of the third-generation Porsche Cayman began in July 2016 at parent Volkswagen Group’ ...
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Suppliers to the new Nissan Micra
Assembly of the fifth-generation Nissan Micra began in December 2016 at alliance partner RenaultR ...
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Suppliers to the new Hyundai i30
Assembly of the third-generation Hyundai i30 began in December 2016 at Hyundai's plant in Nosovice, ...
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Suppliers to the new Opel/Vauxhall Insignia
Assembly of the third-generation Ope/Vauxhall Insignia began in March 2016 at the automaker's plant ...
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Suppliers to the new Ford GT
Assembly of the second-generation Ford GT began in October 2016 at Ford's plant in Markham, Canada. ...
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Suppliers to the new Audi A5
Assembly of the second-generation Audi A5 began in June 2016 at the Volkswagen Group subsidiary's pl ...
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Suppliers to the new Honda Civic
Assembly of the 10th-generation Honda Civic began in July 2016 in at Honda's plant in Swindon, Engla ...
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Suppliers to the new Ford Fiesta
Assembly of the seventh-generation Ford Fiesta began in May 2017 in at Ford's plant in Cologne, Germ ...
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Suppliers to the new Citroen C3
Assembly of the third-generation Citroen C3 began in September 2016 in at PSA's plant in Trnava, Slo ...
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