Asia

Japan's laws, attitude help recalls work better

12:01 am U.S. ET | Dec. 21, 2014
In Japan, automakers achieve recall rates that automakers in North America could only dream of.... Read More »

 

Takata airbag crisis may spur maintenance changes in Japan

8:54 am U.S. ET | Dec. 18, 2014
Takata's airbag crisis could spur changes to how car owners maintain their vehicles, with Japan’s automakers discussing whether drivers should regularly replace the chemicals used to inflate the safety devices.... Read More »

 

Visteon to sell Halla Climate unit stake for $3.6 billion

12:38 pm U.S. ET | Dec. 17, 2014
Visteon has agreed to sell a majority stake in Halla Visteon Climate Control to South Korea’s Hankook Tire and its investment partner for $3.6 billion, to focus on connected-vehicle solutions and cockpit electronics.... Read More »

 

Takata tightens screws on suppliers as airbag crisis mounts, report says

8:05 am U.S. ET | Dec. 14, 2014
Takata has begun enforcing tighter quality controls on a group of parts suppliers as the auto safety equipment maker boosts production to replace millions of air bags recalled for a potentially deadly defect, people familiar with the situation told Reuters.... Read More »

 

Honda planning worldwide recall for Takata airbags, Ito says

5:53 am U.S. ET | Dec. 9, 2014
Honda President Takanobu Ito said his company is planning to launch a worldwide investigative airbag recall, just days after extending a similar callback in the United States. Ito also expressed frustration with the response of Japanese airbag supplier Takata, but said Honda will offer support if Takata tips into financial difficulties.... Read More »

 

Toyota overhauls supply chain to aid r&d efforts

6:30 am U.S. ET | Dec. 9, 2014
Toyota is overhauling its Toyota Group supplier network to better support its next generation product platform and develop advanced active safety technologies.... Read More »

 

Toyota widens airbag recalls after Japan scrapyard rupture

6:55 am U.S. ET | Dec. 4, 2014
Toyota Motor widened a recall of its vehicles linked to defective airbags to include some of the same models in Japan and China, after one of the devices ruptured in a car at a scrapyard in its home country.... Read More »

 

Takata chief called to explain airbag crisis to Japan's industry ministry, report says

10:08 am U.S. ET | Dec. 3, 2014
Japan's powerful industry ministry has summoned Shigehisa Takada, chairman and CEO of Takata, to explain what the company is doing to resolve a crisis over potentially deadly airbags, two people with knowledge of the matter told Reuters.... Read More »

 

Bob Thomas, former U.S. boss of Nissan, dies at 69

7:09 am U.S. ET | Dec. 3, 2014
Bob Thomas, who led Nissan's United States sales operations in the 1990s before joining AutoNation and Edmunds, has died in Hawaii. Thomas died November 23 after a brief illness, according to friends and former colleagues. He was 69.... Read More »

 

Takata Mexico airbag plant inspection finds safety shortcomings

6:37 am U.S. ET | Dec. 3, 2014
Takata, the airbag supplier at the center of a recall crisis, was told by Mexico’s government to take 171 measures to improve health and safety at a plant tasked with making millions of replacement air bags.... Read More »

 

Airbag explosion in scrapyard has Japan weighing more recalls

6:12 am U.S. ET | Dec. 2, 2014
Japan’s investigation into dangerous airbags is leading to a remote scrapyard in the central Gifu prefecture, where the explosion of a car model not included in current recalls suggests automakers may have to yet again expand their safety campaigns.... Read More »

 

Inside Takata, tantrums, but little sense of crisis over airbag recalls

10:17 am U.S. ET | Nov. 30, 2014
Shigehisa Takada, the third-generation head of Takata, shows little sense of the crisis engulfing the Japanese airbag maker at the center of one of the auto industry's biggest safety recalls, say people who have met him recently.... Read More »

 

Takata recalls could shake trust in Japan auto industry, minister warns

10:34 pm U.S. ET | Nov. 27, 2014
Takata's safety crisis linked to five fatal auto accidents threatens to shake confidence in Japanese manufacturing and the country's auto industry, the nation's transport minister warned.... Read More »

 

India may extend tax breaks for carmakers beyond 2014, report says

Nov. 27, 2014 11:08 CET
India may extend excise duty concessions for carmakers beyond Dec. 31, a finance ministry source said. European automakers such as Renault and VW are trying to gain a foothold in the market, which is led by Asian brands.... Read More »

 

Secretive Lexus LFA workshop now makes Toyota Mirai fuel cell sedan

12:01 am U.S. ET | Nov. 27, 2014
Toyota has struggled until now to fill the void at the secretive workshop in Japan where the Lexus LFA was assembled ever since the last $375,000 sports car rolled off a line in December 2012.... Read More »

 

Takata airbag rupture in Japan signals more automaker recalls

6:36 am U.S. ET | Nov. 26, 2014
Japan's transportation ministry said a Takata airbag ruptured in a model not covered by existing recalls, suggesting automakers may have to expand safety campaigns to replace the devices linked to five deaths.... Read More »

 

Opel unions upset over output plans for Karl, Corsa, report says

Nov. 25, 2014 06:15 CET
Opel faces labor unrest in Germany over production plans for the Corsa and Karl small cars, a business magazine reported. Workers think the Karl should be made in Germany rather than Korea and fear future Corsa output will be cut from Germany.... Read More »

 

South Korea embraces European imports. Yes, South Korea

12:01 am U.S. ET | Nov. 24, 2014
Here is a fairly stunning statistic: South Koreans, long viewed as among the most nationalistic of car buyers, are on track to spend more on vehicle imports from Europe this year than their country takes in from its own vehicle exports.... Read More »

 

EDITORIAL

Global companies should abide by the same rules

12:01 am U.S. ET | Nov. 24, 2014
Of all forms of price fixing, the practice of suppliers pre-arranging high and low bids on various contracts to share the business is distinctly Japanese. Nominally, it fits a national culture that values consensus and avoids conflict.... Read More »

 

BMW, Mercedes gain in once-impregnable Korea

Nov. 23, 2014 06:01 CET
South Korea's car imports have leapt from 3 percent of sales a decade ago to 14 percent today as foreign brands led by Germany's BMW and Mercedes take advantage of a free trade deal to grow sales in a once-impregnable market.... Read More »

 

Mitsubishi promises new products

12:01 am U.S. ET | Nov. 17, 2014
Mitsubishi, amid a remarkable sales rebound in the United States, is targeting its first profit in North America since the global financial crisis. Now CEO Osamu Masuko pledges to build on the company's momentum with a badly needed injection of fresh product.... Read More »

 

Hot sales put Subaru ahead of plan

12:01 am U.S. ET | Nov. 17, 2014
In May, Yasuyuki Yoshinaga, president of Subaru maker Fuji Heavy Industries, unveiled a business plan to guide the company through 2020. But Subaru's sales are rising so fast, he may have to roll out a new plan much sooner than expected.... Read More »

 

Confessions of a price fixer

6:00 pm U.S. ET | Nov. 16, 2014
As one after another Japanese auto supplier gets snagged for price fixing, it is the unwritten rule, say insiders and lawyers, that middle managers sometimes take the fall for superiors and get rewarded for not airing the company's dirty laundry in public court. This is one such story.... Read More »

 

Supplier upheaval fueled price fixing

6:00 pm U.S. ET | Nov. 16, 2014
To hear auto industry insiders in Japan, the country's problems with bid rigging began to spiral in the early 2000s. Or, more specifically, with the arrival of Carlos Ghosn, the cost-cutting CEO who parachuted into a nearly bankrupt Nissan Motor Co. and blew up the carmaker's ossified supplier network.... Read More »

 

SLICING THE PIE

At 'bid meetings,' suppliers aimed to maintain one another's market share

6:00 pm U.S. ET | Nov. 16, 2014
When Japanese auto suppliers schemed to fix prices, it was as much about protecting market share as pumping up profits, an industry insider said. In textbook Japanese fashion, in which consensus rule trumped individual agendas, rival companies agreed to protect the status quo, lest someone was pushed out altogether.... Read More »

 

 
Newsletters & Alerts
  • Sample
  • Sample
  • Sample
  • Sample
Most Read
Special Report
Canadian dealer buries a Jeep, hires an ambassador and puts on the Ritz

Canadian dealer buries a Jeep, hires an ambassador and puts on the Ritz

At Bay King Chrysler, Dodge, Jeep, Ram in Hamilton, Ontario, dealer Jamie Richter has put luxury-hotel touches in his new showroom. They include concierges who see to the needs of service customers. Mon., December 15
» Watch the Video