Asia

Takata sued in Canada over airbag-related vehicle recalls

6:31 am U.S. ET | March 27, 2015

Takata, the Japanese supplier whose airbags have been linked to six fatalities globally, has been sued in Canada in three separate cases, it said in a statement today.... Read More »

Ford aims to triple exports from India with new plant

March 26, 2015 10:09 CET

Ford has invested $1 billion in a new plant in India that will help the automaker triple exports from the country. The factory will build the EcoSport subcompact SUV, which Ford exports to Europe.... Read More »

Why a Japanese supplier is upping its game

12:01 am U.S. ET | March 22, 2015

Aisin Seiki, the world's fifth biggest auto supplier, is doubling the size of its global design division as it expands into new products and targets new customers.... Read More »

Japan far outpaces U.S. in replacing Takata airbag parts

6:49 am U.S. ET | March 20, 2015

As automakers plead with U.S. customers to fix potentially deadly Takata airbags, recalls in Japan are drawing much stronger responses, with more than two-thirds of the total already repaired.... Read More »

Toyota will add engineers in Japan

12:01 am U.S. ET | March 16, 2015

Toyota Motor Corp. plans to add 2,275 employees in Japan in the fiscal year beginning April 1, 30 percent more than it added a year earlier. The biggest increases are coming in engineering and manufacturing operations.... Read More »

Toyota to step up hiring at home in the next fiscal year

10:45 am U.S. ET | March 12, 2015

Profit-rich Toyota is plowing more of its cash into new hires in the coming year, especially in the engineering and technical fields crucial to its expansion. Toyota aims to add 2,275 employees in Japan in the fiscal year beginning April 1, a 30 percent increase over the 1,744 hires added a year earlier.... Read More »

Major Hyundai investor to vote against some directors over property deal, report says

7:19 am U.S. ET | March 11, 2015

The second-largest shareholder in Hyundai Motor and its two affiliates will vote against the reappointment of some board members who last year approved buying a Seoul property for $10 billion or three times its appraised value, a person with direct knowledge of the matter said today.... Read More »

Fiat will export new compacts to EU from Turkey

March 6, 2015 06:01 CET

Fiat Chrysler will begin sales of a Turkey-built hatchback and station wagon in Europe's key compact segment next year, CEO Sergio Marchionne said. The new models will plug a big hole in Fiat's European product lineup. The compact car segment, led by the VW Golf, is Europe's second biggest by sales after subcompacts.... Read More »

Toyota promotes Europe CEO Leroy to new global role

March 4, 2015 09:55 CET

Toyota will add Europe boss Didier Leroy to its board and promote him to global head of business in developed countries in a wider management shuffle. Johan van Zyl, currently CEO of Toyota's Africa region, will become Europe chief.... Read More »

Kobe Steel considers $800 million U.S. aluminum plant for auto suppliers

6:41 am U.S. ET | March 3, 2015

Kobe Steel, supplier of aluminum sheet to half of Japan’s auto industry, is considering building a 100 billion yen ($832 million) plant in the U.S. to expand sales to Japanese carmakers operating in North America.... Read More »

Futuristic, handmade Mirai represents Toyota's rebirth

12:01 am U.S. ET | March 2, 2015

Toyota Motor Corp.'s most advanced vehicle has had a decidedly low-tech birth and has an equally ironic birthday. Feb. 24, the start of production of the Mirai fuel cell sedan, was exactly five years after President Akio Toyoda was hauled before a U.S. congressional panel and given a humiliating grilling about his company's unintended acceleration recalls. The date was no accident. The Mirai symbolizes both Toyota's rebirth from that crisis and a return to its roots.... Read More »

GM retrenches in Thailand after Indonesia retreat

11:24 am U.S. ET | Feb. 27, 2015

A day after announcing it is to stop making GM-branded cars in Indonesia, General Motors today said it would cease production of its Chevrolet Sonic in Thailand by the middle of this year.... Read More »

Mazda launches CX-3 small SUV, bets on diesel-only car for Japan

7:30 am U.S. ET | Feb. 27, 2015

The Mazda CX-3 compact crossover went on sale in Japan today with the carmaker offering a 1.5-liter diesel engine as the nameplate's only powerplant. That won't happen in the US, says chief engineer Michio Tomiyama: “In America, it will be only gasoline.”... Read More »

Nissan expects to reach 10% U.S. share goal ahead of schedule

9:15 pm U.S. ET | Feb. 26, 2015

Nissan North America Chairman Jose Munoz outlined a four-prong capacity expansion plan that could power Nissan to its 10 percent U.S. market share goal ahead of schedule. He also said he targets increased North American operating profit margin of at least 8 percent, thanks to an influx of high-margin nameplates such as the Murano crossover and Maxima sedan.... Read More »

GM cuts capacity, jobs in Indonesia, where Japanese dominate

7:32 am U.S. ET | Feb. 26, 2015

General Motors is to stop making cars in Indonesia, a battleground for global automakers in emerging Southeast Asia, closing an assembly plant, axing some 500 jobs and shifting its branding focus to SUVs.... Read More »

Tata plans image lift for ultracheap Nano

6:43 pm U.S. ET | Feb. 24, 2015

Tata Motors, producer of the car conceived as the world's cheapest, is rethinking the “cheap” part of it. The Indian automaker believes its Nano, which went on sale in 2009 with a price tag of about $2,500, may have been too inexpensive for its own good.... Read More »

Toyota's most high-tech car gets ultra low-tech birth

6:47 am U.S. ET | Feb. 24, 2015

Toyota celebrated the launch of its high-tech Mirai fuel cell vehicle today from its noticeably low-tech production line. And President Akio Toyoda chose today as the celebration date for a reason. It's the five-year anniversary of when Toyoda was hauled before a congressional panel to answer questions about his company's unintended acceleration recalls.... Read More »

VW wins government approval for Thai plant

Feb. 21, 2015 15:23 CET

Volkswagen won approval from Thai authorities to build a manufacturing plant for fuel efficient cars near Bangkok after months of delays.... Read More »

Hyundai to enter U.S. commercial vehicle market as part of $1.8 billion offensive

7:38 am U.S. ET | Feb. 16, 2015

Hyundai plans to spend around $1.8 billion by 2020 on a major offensive in commercial vehicles, including entering the race in the United States, to catch up with rivals in a rapidly growing global market.... Read More »

Honda CEO Ito resists moves for his ouster, report says

6:37 pm U.S. ET | Feb. 11, 2015

Honda CEO Takanobu Ito, under fire for how he is dismantling the traditional way the Japanese car maker sources parts and technologies, has resisted moves for his ouster and will fight on for another two-year term, four people with direct knowledge of the matter told Reuters.... Read More »

Nissan Rogue shipments to U.S. to be boosted by 38% to 110,000

1:46 pm U.S. ET | Feb. 5, 2015

Renault-Nissan will export 38 percent more Nissan Rogue crossovers to the U.S. from South Korea in 2015 than planned earlier, to meet rising demand in North America.... Read More »

Honda, Subaru airlifting parts amid West Coast port labor talks

7:02 am U.S. ET | Feb. 5, 2015

Japanese carmakers including Honda and Subaru are shipping some auto parts to the US by air to bypass a labor dispute at West Coast ports that is delaying deliveries.... Read More »

Mazda profits dinged by lower-margin models, higher taxes

6:26 am U.S. ET | Feb. 4, 2015

A higher tax bill and a sales mix of richer in lower-margin models undercut profits at Mazda in the October-December quarter, despite rising global volume.... Read More »

BMW will use Indian suppliers for some local parts

Feb. 4, 2015 10:52 CET

BMW's India unit said it will partner with seven domestic suppliers to source components for local production of cars at its Chennai plant in southern India.... Read More »

Toyota to move to merit-based pay for Japan factory workers, report says

8:40 pm U.S. ET | Jan. 26, 2015

Toyota will change the way it pays factory workers, focusing on their performance rather than their seniority, the Nikkei reported on Monday.... Read More »

 
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