Asia

Brexit hits yen, causes headaches for Honda

12:01 am U.S. ET | July 16, 2016

At the beginning of the year, Honda's plan to fire up its export engine seemed smart because of a weak yen. But after the U.K.'s vote to leave the EU, maybe not. The Brexit vote sparked a realignment of world currencies. The yen rose and is now causing headaches for Japanese exporters.... Read More »

Japan's aluminum fabricators beef up U.S. output, betting on rising auto use

12:28 pm U.S. ET | July 15, 2016

Japanese aluminum products makers such as UACJ and Kobe Steel are boosting output capacity in the U.S. in a bid to snare market share as automakers turn to the lighter metal to meet stricter environmental rules.... Read More »

Tesla in talks for store in Korea’s biggest mall

6:30 am U.S. ET | July 15, 2016

Tesla Motors is in talks to open its first store in what will be South Korea’s biggest mall, according to the shopping complex’s owner Shinsegae Group.... Read More »

Hyundai's Korean workers vote for strike

July 14, 2016 11:29 CET

Hyundai's unionized workers in South Korea voted to go on strike for a fifth year in a row after wage talks broke down, adding to the automaker's troubles as it battles a sales slowdown.... Read More »

Honda develops hybrid motor without key rare-earth metals

9:55 am U.S. ET | July 12, 2016

Honda has developed a new electric motor for hybrid vehicles that tackles two top challenges in manufacturing the critical drivetrain component: The high cost and uncertain supply of the rare-earth metals used in their powerful magnets.... Read More »

Visteon completes acquisition of AllGo Embedded Systems

11:28 am U.S. ET | July 12, 2016

Visteon said it completed the acquisition of India-based automotive embedded multimedia and connectivity software supplier AllGo Embedded Systems.... Read More »

South Korea to decide soon on whether to suspend VW sales

7:48 am U.S. ET | July 11, 2016

South Korea's environment ministry said today it will decide later this month whether to revoke the certification of 32 vehicle models made by Volkswagen after prosecutors accused the German automaker of fabricating documents on emissions and noise-level tests.... Read More »

Brexit hits Toyota, Nissan as rising yen weighs on profit outlook

July 5, 2016 12:24 CET

The yen's extended surge after UK's decision to exit the EU has turned put added pressure on Japan's automakers. Since the June 23 Brexit vote, the mean forecast for net income at Toyota has slid to $16.5 billion, with four analysts cutting their predictions by an average $2.3 billion for the fiscal year.... Read More »

Nissan's Le Cost Killer stirs fear in Mitsubishi factory town

4:00 am U.S. ET | July 5, 2016

Investors cheered when Nissan CEO Carlos Ghosn announced that the company would acquire a 34 percent stake in scandal-tainted Mitsubishi Motors as part of an expanded strategic partnership. The reaction has been far less buoyant in Mizushima, an industrial town in southern Japan that's home to Mitsubishi's flagship assembly plant.... Read More »

Toyota wins on the court, but not on the name

12:01 am U.S. ET | July 4, 2016

Laugh if you want, but the strangely named Toyota Alvark is a force to be reckoned with. On the basketball court, that is. It's not a car.... Read More »

Japan moves quickly into mirrorless cars

12:01 am U.S. ET | July 3, 2016

Japan has approved rules to allow automakers to replace vehicle mirrors with camera displays, giving suppliers there a head start on the emerging technology.... Read More »

Japan automakers recall 1.3 million cars at home over Takata airbags

6:32 am U.S. ET | June 30, 2016

Japanese automakers recalled about 1.3 million cars at home as part of an expanded recall of potentially faulty airbags from Takata, with some planning more recalls overseas that could affect more than 1 million additional cars.... Read More »

Takata boss says he'll step down once 'new regime' is in place

June 28, 2016 11:12 CET

Takata CEO Shigehisa Takada said he will resign after a "new management regime" is found, finally heeding calls for change so that the auto parts supplier can move ahead in dealing with a multibillion dollar airbag recall.... Read More »

Ford's Indonesian dealers demand compensation after abrupt withdrawal

4:13 pm U.S. ET | June 27, 2016

Ford's dealers in Indonesia are demanding around $75 million in compensation after the U.S. carmaker announced in January it would close all operations in Southeast Asia's biggest economy.... Read More »

Honda says Takata airbag ruptured in fatal crash in Malaysia

9:17 am U.S. ET | June 27, 2016

Honda said the driver-side airbag inflator ruptured during a fatal crash in Malaysia, possibly the third death this year in the Southeast Asian country linked to airbags from supplier Takata.... Read More »

Nissan sues South Korea over accusations of emissions cheating

6:33 am U.S. ET | June 24, 2016

Nissan's South Korean unit said it has filed a lawsuit over claims by the government that the automaker had cheated on emissions with its Qashqai diesel SUV.... Read More »

VW Korea exec arrested over emissions manipulation

June 24, 2016 11:55 CET

South Korea prosecutors arrested an executive at Volkswagen's local unit as part of investigations into whether the automaker violated the country's environmental laws after it admitted to rigging diesel vehicles to cheat on U.S. emissions tests.... Read More »

Nissan CEO Ghosn's pay tops $9 million for second year

June 22, 2016 10:52 CET

Nissan CEO Carlos Ghosn received a 3.5 percent pay rise to take his total compensation to more than $9.58 million for the second straight year after the automaker's profit climbed to a record.... Read More »

Mitsubishi sees first loss in 8 years amid fuel-consumption scandal

June 22, 2016 11:09 CET

Mitsubishi forecast its first loss in eight years after setting aside compensation costs related to manipulating fuel-efficiency ratings and falsifying test data.... Read More »

Mitsubishi expects annual loss due to mileage-cheating scandal, report says

June 21, 2016 11:21 CET

Mitsubishi Motors expects to post a net loss this financial year over its mileage-cheating scandal as it is hit by compensation costs and a slide in vehicle sales, a report said today.... Read More »

Tesla prepares for South Korea debut in challenge to Hyundai

6:35 am U.S. ET | June 20, 2016

Tesla is preparing for its debut in South Korea as the U.S. electric-car maker looks to challenge Hyundai at home.... Read More »

Toyota researcher sees cheap robots possible by mass production

June 20, 2016 11:21 CET

The researcher hired by Toyota to spearhead its robotics and artificial intelligence efforts says the automaker's production principles can be applied to build affordable helper robots for rapidly aging societies.... Read More »

Japan's NSK sets sights on Detroit 3

12:01 am U.S. ET | June 20, 2016

NSK Ltd., a Japanese supplier of electric power steering systems and old-school components such as ball bearings, sees growth potential in the era of electrified cars, thanks to increasing demand for high-spec bearings in motors and actuators.... Read More »

How GM contained quake's ripple effect

12:01 am U.S. ET | June 20, 2016

An April earthquake in Japan forced the closure of four GM plants in North America - but the fallout could have been far worse if not for changes in GM's supply chain management to keep parts flowing to key plants.... Read More »

BMW says Vietnam is a top growth market as economy expands

June 19, 2016 06:01 CET

BMW said its car sales in Vietnam are expanding at the fastest pace among markets in Southeast Asia as the nation's economic growth spurs demand.... Read More »

 
Ghosn's life-changing post-Christmas offer

Douglas A. Bolduc
5:37 am U.S. ET | Aug. 22 2016

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Carlos Ghosn's powers of persuasion are very hard to resist, Nissan Brazil's current boss learned on Dec. 26. 2011. ...
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Automakers face uncertainty over key Chinese government policies

Yang Jian
6:24 am U.S. ET | Aug. 19 2016

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Auto executives in China are worried these days. ...
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Confessions of a diesel junkie


12:01 am U.S. ET | Aug. 3 2016

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My plan to someday drive off into the sunset in a diesel-powered car at the conclusion of my career ...
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PSA bravely reveals industry's dirty secret

Luca Ciferri
12:01 am U.S. ET | July 7 2016

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Give credit to PSA for being bold enough to reveal in great detail something none of its rivals woul ...
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Newsletters & Alerts
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VW brand suffers most as car sales fall 2% in Europe's top 5 markets in July
VW brand car sales fell steeply in Europe's top five markets in July as the automaker continued to s ...
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Lada defies Russian market slump with new Western-style cars
Lada bucked the Russia's steep slump with a 4 percent rise in sales last month in a market down 17 p ...
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UK car sales flat in July amid signs of a consumer slowdown
British new-car sales were flat in July but demand from private consumers fell, suggesting a hit to ...
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Western Europe sales fall 2% in first monthly decline since 2013
New-car sales in western Europe fell 2 percent in July, the first monthly decline since August 2013, ...
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German car sales fell 3.9% in July as VW Group takes big hit
New-car sales in Germany fell 3.9 percent in July on fewer selling days, with VW Group brands suffer ...
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Italy car sales growth slows to 2.9% in July
New-car sales in Italy grew by 2.9 percent in July -- less than the double-digit growth recorded in ...
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French new-car sales plunged nearly 10% in July
French car sales fell 9.6 percent in July on fewer selling days with PSA and VW Group suffering stee ...
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Europe's first-half sales growth beats predictions, but Brexit could slow surge
Europe's first-half car sales grew by a stronger-than-expected 9.1 percent with nearly every automak ...
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European June car sales slow as Brexit vote reduces confidence
European car-sales growth slowed to 6.5 percent in June as the British vote on exiting the EU weighe ...
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Russia car sales fall 13% in June
Russian car sales fell 13 percent in June as an economic crisis driven by low oil prices and Western ...
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Bentley names new head of exterior design
Bentley has promoted John Paul Gregory to its head of exterior design. Gregory was previously advanc ...
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Audi lures Volvo exec to lead electrics unit
Audi has hired former high-ranking Volvo executive Thomas Mueller to be its head of electrics/electr ...
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Volkswagen Group appoints China chief for VW brand
VW Group appointed veteran manager Stephan Woellenstein to the newly created position of CEO for the ...
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Ford promotes UK exec Periam to Europe finance chief
Ford executive Will Periam is the new chief financial officer of the automaker's European subsidiary ...
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Ex-Mini design chief Warming joins Chinese-backed Borgward
Borgward, a German brand that has been revived with Chinese backing, has recruited Mini's former des ...
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PSA names new Peugeot, China, Europe chiefs
PSA Group named new chiefs for its Peugeot brand and for its Europe and China regions. ...
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Daimler promotes Turkish unit boss Seeger to Mercedes sales and marketing chief
Daimler named Britta Seeger as global sales and marketing head of Mercedes cars. ...
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BMW names former F1 exec Duesmann as new purchasing chief
BMW has appointed Markus Duesmann, its former Formula One powertrain boss and current engine guru, t ...
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Fiat Chrysler creates post to oversee global regulatory compliance
Fiat Chrysler as appointed longtime engineering executive Mark Chernoby to a new role as the automaker's global chief technical compliance officer. ...
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VW's Seat recruits new sales boss from Audi
VW Group's Seat brand has recruited Audi veteran Wayne Griffiths as its new sales and marketing boss ...
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Hyundai sees Ioniq as brand hero
Hyundai sees its new Ioniq as its green flagship and a key image booster in Europe even if sales wil ...
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Seat expects Ateca to strengthen its profitability
Seat, which recently returned to profitability after years of losses, expects to further strengthen ...
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Ford makes Edge its European flagship
Ford says it will target premium rivals including the Volvo XC60 and Audi Q5 with its new European f ...
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Cadillac XT5 price undercuts rivals in Europe
Cadillac aims to increase its SUV market share in Europe by pricing its new XT5 below German premium ...
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Honda hopes NSX halo effect will give automaker a boost in Europe
Honda hopes for a halo effect boost in Europe from its NSX supercar. The NSX is a "branding exercise ...
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Alfa touts Giulia's driving dynamics
Alfa Romeo claims its new Giulia has better driving dynamics than rivals such as the BMW 3 series be ...
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Suzuki Baleno is company's first model in Europe with fuel-saving mild hybrid
Suzuki has boosted fuel economy in its new Baleno hatchback by using a mild hybrid system for the fi ...
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MG aims first SUV at budget buyers
MG Motor, a Chinese-owned UK brand, is aiming its first SUV, the GS, at families looking for a budge ...
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Maserati expects first SUV to become its best-seller
Maserati is embracing the boom in luxury SUV sales with the launch of its Levante crossover, which t ...
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McLaren aims cozy 570GT at new audience
McLaren says that the 570GT is the first supercar it has produced that was not conceived primarily w ...
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Suppliers to the new VW Tiguan
VW started production of the new Tiguan in January at its factory in Wolfsburg, Germany. Output is e ...
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Suppliers to the new Bentley Bentayga
Bentley Bentayga production began in November 2015 at the brand's factory in Crewe, England. ...
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Suppliers to the new Renault Talisman
Assembly of the new Renault Talisman began in September 2015 at Renault's factory in Douai, France. ...
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Suppliers to the new Alfa Romeo Giulia
Assembly of the all-new Alfa Romeo Giulia began in March at parent Fiat Chrysler Automobile’s ...
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Suppliers to the new Audi A4
Assembly of the fifth-generation Audi A4 began in July 2015 at Audi's factory in Ingolstadt, Germany ...
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Suppliers to the new Skoda Superb
Assembly of the third-generation Skoda Superb began in April 2015 at Skoda's factory in Kvasiny, Cze ...
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