Asia

S. Korea to slap VW with record fine, pursue execs over emissions ads

Dec. 7, 2016 09:25 CET

South Korea will file criminal complaints against five former and current executives at VW Group's local unit and fine the automaker a record $32 million for false advertising on vehicle emissions.... Read More »

BMW will pay $57 million for irresponsible lending in Australia

Dec. 6, 2016 15:25 CET

Australia's corporate regulator said BMW has to pay $57 million to compensate customers who received loans they could not afford, in what is Australia's largest ever consumer credit remediation program.... Read More »

GM builds final Australian engine

12:01 am U.S. ET | Dec. 5, 2016

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.... Read More »

Panasonic in final talks to buy headlight maker ZKW, report says

Dec. 5, 2016 10:12 CET

Panasonic is in the final stages of talks to buy Austrian automotive headlight maker ZKW Group for up to $1 billion, accelerating its push into the automotive electronics market, the Nikkei business daily reported today.... Read More »

BMW begins 7 series production in Indonesia

Dec. 1, 2016 09:34 CET

BMW will begin assembling its flagship 7-series sedan in Indonesia as the automaker seeks to tap into the long-term demand for luxury vehicles in Southeast Asia's biggest economy.... Read More »

Takata shares slump after influential day trader tweets he sold shares

6:39 am U.S. ET | Nov. 30, 2016

Takata, finalizing a buyer after spurring record auto industry recalls, fell in Tokyo trading after a Japanese day trader told his more than 103,000 Twitter followers he sold shares in the airbag maker.... Read More »

BMW, Porsche, Nissan face sales ban on some models in S. Korea

Nov. 29, 2016 10:44 CET

South Korea plans to disallow sales of some Porsche, BMW and Nissan models after finding errors in certification documents for the carmakers' imported vehicles. The country's environment ministry also plans to fine the automakers a combined $5.56 million.... Read More »

Nissan suspends production at Fukushima engine plant

Nov. 22, 2016 10:37 CET

Nissan said it would suspend production at its engine factory in Fukushima at least until a tsunami warning is lifted after a powerful earthquake rocked northern Japan early today.... Read More »

NuTonomy to test self-driving vehicles in Boston

11:50 am U.S. ET | Nov. 21, 2016

NuTonomy is expanding its autonomous vehicle testing to Boston following the trials it began in April on Singapore roads.... Read More »

EcoSport to be Ford's first import from India

12:01 am U.S. ET | Nov. 21, 2016

The EcoSport crossover will be the first vehicle Ford Motor Co. imports from India, the latest sign of that country's importance to the Blue Oval.... Read More »

TRUMP: THE ROAD AHEAD

Japan's twin worries: Trade and yen

12:01 am U.S. ET | Nov. 12, 2016

Japan's carmakers fear a double whammy on free trade and foreign exchange.... Read More »

Toyota begins production of C-HR in Turkey for export to Europe, U.S.

Nov. 9, 2016 11:16 CET

Toyota launched production of its C-HR small SUV in Turkey today and said the model would be exported to all global markets including North America.... Read More »

Ford to create $195 million tech, business center in India

4:30 am U.S. ET | Nov. 8, 2016

Ford today said it is investing $195 million and creating 3,000 jobs over the next five years for a new global technology and business center in Chennai, India.... Read More »

VIDEO: AutoNews Now: Nissan, Toyota view on U.S. dims

1:45 pm U.S. ET | Nov. 8, 2016

Nissan, Toyota view on U.S. dims; Tesla's German buy; Unifor ratifies pact with Magna unit; JLR scraps racetrack plan; Chevy Bolt, Kia Optima among Green Car of the Year finalists.... Read More »

Japan Inc. steps up autonomous-drive push

12:01 am U.S. ET | Nov. 6, 2016

Japan is stepping up efforts to develop a world-leading intelligent transport system by 2020 through the deployment of autonomous and connected car technologies.... Read More »

Suzuki lifts annual profit outlook on robust India and Europe sales

Nov. 4, 2016 15:38 CET

Suzuki raised its annual operating profit forecast after quarterly results beat estimates thanks to strong vehicle sales in India and Europe. The automaker now sees operating profit climbing 2.4 percent after it had previously forecast a profit decline of 7.8 percent.... Read More »

Renault plans to build cars in Pakistan with local partners

Nov. 3, 2016 17:43 CET

Renault said it is in talks to invest in a car plant in Pakistan with local partners. Pakistan's government wants to shake up its Japanese-dominated car market and loosen the grip of Toyota, Honda and Suzuki.... Read More »

KKR said to drop from bidding for Takata

6:14 am U.S. ET | Nov. 2, 2016

KKR & Co. has dropped out of the bidding for Takata Corp. as the troubled airbag maker seeks to finalize a shortlist of suitors by mid-November, according to people familiar with the matter.... Read More »

U.S. sales a rare bright spot for Mitsubishi

12:01 am U.S. ET | Oct. 29, 2016

Mitsubishi's pint-sized North American business has suddenly emerged as a sales anchor in a year of tumbling volume. While Mitsubishi's volume collapsed in virtually every other global market in the fiscal first half ended Sept. 30, North America at least held ground by staying flat.... Read More »

Nissan-backed Calsonic Kansei surges on report of KKR takeover

8:41 am U.S. ET | Oct. 28, 2016

Calsonic Kansei shares surged to a record in Tokyo after a report that the U.S. investment firm KKR & Co. will acquire the Japanese auto-parts supplier backed by Nissan Motor Co.... Read More »

Mitsubishi Motors suffers quarterly loss; mileage scandal slashes sales

6:27 am U.S. ET | Oct. 28, 2016

Mitsubishi Motors today reported its first quarterly operating loss in nearly six years as the Japanese automaker struggles to recover from a slump in domestic sales after admitting to overstating the fuel economy on its vehicles.... Read More »

Hyundai net income falls 11th straight quarter as strikes cut production

6:33 am U.S. ET | Oct. 26, 2016

Hyundai posted a drop in quarterly profit after labor strikes hurt domestic production and a stronger currency eroded repatriated earnings. Operating profit declined 29 percent to 1.07 trillion won ($943 million) while net income fell for an 11th consecutive quarter to its lowest level in more than four years.... Read More »

Tata management shake-up could slow group's debt reduction process

Oct. 25, 2016 11:07 CET

Tata Sons' shock move to oust Cyrus Mistry and his core team of advisors and bring back Ratan Tata as chairman of the conglomerate could lead to delays in the group's bid to reduce its debt load across its businesses, analysts say.... Read More »

Japan Inc. gets serious about cybersecurity

12:01 am U.S. ET | Oct. 22, 2016

Japan's carmakers are still seen as slow to adapt to the vulnerabilities of connected cars. But with the advent of autonomous driving just over the horizon, Japan Inc. is finally getting serious about cybersecurity.... Read More »

Nissan takes control of Mitsubishi with Ghosn as chairman

Oct. 20, 2016 11:04 CET

Carlos Ghosn officially folded troubled Mitsubishi into the Renault-Nissan alliance and put himself at the helm while installing British executive Trevor Mann as Mitsubishi's chief operating officer. Ghosn expects hundreds of millions of dollars in savings as his group joins an exclusive club of automakers operating at a massive scale.... Read More »

 
Volvo and Microsoft make the unreal real

Douglas A. Bolduc
12:01 am U.S. ET | Dec. 8 2016

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Volvo, with a big assist from Microsoft, is creating physical objects that are not physical. ...
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Why Brexit could be bad news for self-driving cars


12:01 am U.S. ET | Dec. 7 2016

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Brexit should be a wake up call to proponents of autonomous driving, said a researcher from a London-based think tank. ...
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Why Porsche, Toyota love endurance racing even as Audi quits

Christiaan Hetzner
12:01 am U.S. ET | Dec. 5 2016

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Audi said will no longer race in certain endurance events to focus on the all-electric Formula E rac ...
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Nissan exec remembers when EVs were 'doomed to fail'


8:21 am U.S. ET | Dec. 1 2016

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Nissan Europe Chairman Paul Willcox smiles when he thinks about the verbal beatings the automaker took after making its multi-billion-euro commitment to electric vehicles. ...
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BMW said to plan performance version of its i3 electric car

Graham Kozak
12:01 am U.S. ET | Nov. 30 2016

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BMW plans a performance variant of the i3 to be called the i3S, according to a UK media report that ...
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Stadler was right to pick outsider for top Audi r&d post

Christiaan Hetzner
12:01 am U.S. ET | Nov. 25 2016

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Audi CEO Rupert Stadler did the right thing when he picked a non-VW Group executive to fill his key ...
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Why VW's job cuts were always going to happen

Christiaan Hetzner
12:01 am U.S. ET | Nov. 23 2016

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VW Group's decision to save 3.7 billion euros in costs at its core brand by cutting 30,000 jobs has ...
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Mopar's Gorlier has the makings of FCA's next CEO

Larry P. Vellequette
12:01 am U.S. ET | Nov. 18 2016

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Pietro Gorlier has run an innovative business unit at Fiat Chrysler that has expanded and made lots of money and touches every facet of the company around the world. ...
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How Li Shufu will weave an empire around Volvo, Geely

Yang Jian
5:04 am U.S. ET | Nov. 15 2016

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Shortly after Geely founder Li Shufu acquired Volvo in 2010, he pledged to maintain the Swedish marq ...
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Germany's auto industry says climate change targets too ambitious after Trump's election

Christiaan Hetzner
12:11 pm U.S. ET | Nov. 11 2016

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Germany's auto industry lobby say now is the wrong time to accelerate action against climate change ...
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Newsletters & Alerts
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Russia sales rise nearly 1%; first increase in 2 years
New-car sales in Russia rose nearly 1 percent in November, the first monthly rise in the market sinc ...
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UK market may fall 8% next year on Brexit, Germany's VDA says
German automakers are taking a bleak view of next year's UK auto market, forecasting that demand wil ...
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UK sales rise 3% as fleet demand offsets fewer private purchases
UK new-car registrations rose by nearly 3 percent in November, putting the market on course for reco ...
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German sales gain nearly 2% as market heads for six-year high
German new-car sales rose by nearly 2 percent in November. Full-year sales are headed for their stro ...
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Mercedes all but locks down U.S. luxury sales win
Mercedes sold the most luxury autos in the U.S. again in November, virtually guaranteeing that the b ...
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VW brand's losing streak in U.S. ends with 24% gain
Volkswagen of America posted a 24 percent gain in November sales for its core brand, breaking a year ...
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Rental company demand boosts Spain sales
Spanish new-car sales rose 14 percent in November pushed by strong demand from businesses and car re ...
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Italian sales jump 8% on business demand
Italian new-car sales rose 8.2 percent in November as business buyers rushed to benefit from tax bre ...
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Renault, Toyota, Fiat gain as French sales rise 9%
French new-car sales rose by nearly 9 percent in November with Renault, Toyota, Audi and Fiat among ...
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VW Group sales gain 5% in Oct. as China offsets flat Europe
VW Group sales increased by 5 percent in October, helped by 17 percent growth in China that offset a ...
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Audi, Mercedes push key segment toward milestone
Audi, BMW and Mercedes-Benz are largely responsible for the growing success of the compact premium s ...
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Audi, BMW, Jaguar give midsize premium segment a lift
Europe's midsize premium segment grew at a near double-digit pace in the first half on new models fr ...
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Skoda, Renault, Toyota benefit from higher sales of midsize cars in Europe
Europe's midsize segment is on track for a second year of rising sales as new models from Skoda, Ren ...
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Minicars get boost from Italy rebound
European minicar sales – especially at Fiat Chrysler -- are getting a lift from the continuing ...
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Subcompact sales set to peak in Europe this year before SUVs cause decline
Demand for subcompacts in Europe will peak this year, analysts say, as competition from similar-size ...
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VW Group's small SUV push expected to help double segment's volume by 2022
Volkswagen Group's late arrival to Europe's small SUV/crossover segment is expected to make one of t ...
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Volvo picks fast-rising exec to lead r&d
Volvo named Henrik Green its new head of r&d, giving the Swedish executive his fourth promotion in t ...
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Renault-Nissan names new powertrain chief to drive engine integration
Renault-Nissan named veteran executive Philippe Brunet to replace its current head of engines and tr ...
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Volvo picks fast-rising Henrik Green to lead r&d
Volvo named Henrik Green its new head of r&d, giving the Swedish executive his fourth promotion in t ...
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Visteon hires Daimler exec to lead driver assistance system development
Visteon has appointed Matthias Schulze of Daimler as the supplier's head of advanced driver assistan ...
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VW's new Moia brand hires high-profile former Daimler executive
VW Group's new mobility services brand, Moia, has hired Robert Henrich from Daimler as its chief ope ...
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Volvo picks McDonald's exec as first chief digital officer
Volvo has named Atif Rafiq its first chief digital officer, luring the longtime Silicon Valley execu ...
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Daimler promotes Wagener to new role of chief design officer
Daimler has promoted its head of design, Gorden Wagener to the newly created role of chief design of ...
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Renault-Nissan names new purchasing chief
Renault-Nissan has promoted Veronique Sarlat-Depotte as its new head of the alliance's joint purchasing operations. ...
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BMW names new U.S., German plant bosses
BMW has named new bosses for its U.S. factory and two key plants in Germany, ...
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Audi of America names its first American CFO
Audi of America has named its first American finance chief. The brand tapped Matt Carpenter, 36, as ...
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Porsche enhances Panamera's 911-like looks
Porsche is hoping its second-generation Panamera will lure more European customers with the sedan's ...
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Renault keeps the Scenic family friendly
Renault has kept the Scenic’s minivan design in a move that goes against the industry trend of ...
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Kia Niro targets 2 sweet spots
The Kia Niro targets two sweet spots in the market: booming demand for high-riding SUV-styled models ...
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S90, V90 are key to Volvo's continued revival
Volvo expects the S90 and V90 will be big steps in the automaker's revival but a challenge looms. ...
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Audi Q2 targets affluent downsizers
The Audi Q2 is the first subcompact SUV/crossover from a German luxury brand. ...
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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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Suppliers to the new Fiat Tipo
Assembly of the new Fiat Tipo began in September 2015 at parent Fiat Chrysler Automobiles' joint ven ...
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Suppliers to the new Ferrari 488
Assembly of the Ferrari 488 began in June 2015 at the supercar maker's factory in Maranello, Italy. ...
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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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