Asia

Hyundai to boost output of Tucson SUV

2:01 pm U.S. ET | May 22, 2015

Hyundai said today it would boost output of its Tucson SUV by adding production at a South Korean assembly line that currently makes sedans in order to meet demand from markets including the United States.... Read More »

Ford, Fiat resume output at Turkish plants

May 22, 2015 10:31 CET

Production resumed at the Turkish operations of Ford and Fiat today after a labor dispute disrupted output for just over a week. But production at Renault's local plant remained disrupted and the automaker has said it might review investment in the market.... Read More »

Renault may reconsider Turkey investment amid instability from strike

May 21, 2015 15:02 CET

Renault says it could reconsider investment in Turkey after a labor dispute over working conditions stopped production at its Turkish joint venture. Ford and Fiat also halted output after the dispute began last week.... Read More »

PSA, Dongfeng plan to start production in Vietnam

May 21, 2015 11:12 CET

PSA/Peugeot-Citroen and its Chinese joint venture partner Dongfeng Motor Group will open an assembly plant in Vietnam and have already begun production in Malaysia.... Read More »

U.S. indicts 2 execs from NGK for price-fixing

1:39 pm U.S. ET | May 21, 2015

One current and one former executive with Japanese supplier NGK Spark Plug were indicted today on a charge of conspiring to fix prices of spark plugs, standard oxygen sensors and air fuel ratio sensors sold in the United States, the Justice Department said today.... Read More »

Ford's Turkish plant cancels shift as labor unrest hits suppliers

May 20, 2015 08:27 CET

Ford Otosan, the Turkish arm of Ford, cancelled an extra working shift, citing supply chain problems amid widening labor unrest in Turkey's automotive sector.... Read More »

Renault bets on cheap car with high-end features in India

May 20, 2015 10:24 CET

Renault hopes to succeed where Nissan's Datsun brand has stumbled by introducing the Kwid minicar in India. The hatchback will start at $4,700 and offer equipment not common in the country's best-selling small cars such as an airbag and navigation functions.... Read More »

Hyundai group considers 3rd India factory

7:03 am U.S. ET | May 19, 2015

Hyundai Motor Group said today it is looking at building a third factory in India, highlighting its growing appetite for expanding globally after an unofficial two-year moratorium on boosting capacity.... Read More »

Fiat, Renault output in Turkey hit by labor dispute

May 18, 2015 10:59 CET

Production was halted at Fiat's joint venture factory in Turkey today as a labor protest over working conditions that hit Renault last week widened.... Read More »

Takata, Japan automakers stuck in uneasy reliance

7:46 am U.S. ET | May 17, 2015

Airbag supplier Takata and Japanese carmakers including Honda are locked in the commercial equivalent of a bad marriage -- not entirely happy in each other's company but unable to break apart and wary of potentially costly court battles.... Read More »

Fiat, Renault production in Turkey halted by protests

May 16, 2015 10:26 CET

Production at the Turkish factories of Renault and Fiat stopped as workers protested wages and other employment conditions.... Read More »

Workers halt production at Renault's Turkish plant

May 15, 2015 12:29 CET

Production at Renault's plant in Turkey has been halted due to a protest by workers, a company spokesman said. The factory builds the Clio and Symbol subcompact cars and Megane and Fluence compact models.... Read More »

Honda exec says latest airbag recall may impact Japan sales

7:04 am U.S. ET | May 15, 2015

Honda could see an impact on sales in Japan from its plans to recall some 5 million cars to replace potentially fatal airbags made by troubled supplier Takata, a top executive said today.... Read More »

Takata asking to pay for recalls through installments, report says

7:49 am U.S. ET | May 14, 2015

Takata asked automakers to allow it to pay for costs related to its recalled airbags by installment and is meeting with its bankers almost every day to ensure it has enough cash flow, an analyst who attended a company briefing told Bloomberg.... Read More »

Toyota, Mazda in talks on expanding partnership, report says

7:18 am U.S. ET | May 9, 2015

Toyota and Mazda are in talks to expand their technology partnership to fuel-cell vehicles, sources told Reuters on Saturday, as global automakers face rising costs to comply with stricter emission regulations.... Read More »

Fiat will unveil compact car at Turkish auto show

May 7, 2015 09:53 CET

Fiat will debut the first model in its new compact car range for Europe and Turkey later this month. The brand will unveil a compact sedan at the Istanbul auto show that will replace the Linea. A hatchback version that will replace the Bravo will follow later.... Read More »

Denso forecasts profit growth on higher Asia sales

11:10 am U.S. ET | April 28, 2015

Denso, the world's second-biggest auto supplier based on revenue, forecast a 7 percent rise in operating profit for the year ahead, citing an anticipated rise in Asian sales.... Read More »

Hyundai to create shareholder-rights group after land deal irks investors

7:23 am U.S. ET | April 27, 2015

Hyundai Motor will establish a committee to represent shareholder interests when the board makes key decisions such as acquisitions, heeding calls from investors angered over a $10 billion land purchase last year.... Read More »

Mazda quarterly profits fall on currency losses while sales rise

6:41 am U.S. ET | April 24, 2015

Profits fell at Mazda in the January-March quarter, undercut by higher outlays for marketing and factory startups and foreign exchange losses, despite rising sales.... Read More »

Mitsubishi posts first annual N.A. profit in seven years

7:47 am U.S. ET | April 24, 2015

Mitsubishi booked double-digit profit increases in the latest quarter to propel the carmaker to record annual earnings and its first North America profit in seven years.... Read More »

Toyota makes noise with Mirai hydrogen fuel cell vehicle

10:18 am U.S. ET | April 24, 2015

For all its silence, Toyota's Mirai hydrogen fuel cell vehicle actually can be pretty noisy. Ironically, that is because the car is propelled by a whispering electric motor that allows the driver to pick up sounds that might otherwise be droned out. And the distinct whirring and intermittent clicking are unique to its hydrogen drivetrain.... Read More »

Suzuki recalls record 2 million cars for smoking ignition switch

7:21 am U.S. ET | April 22, 2015

Suzuki said it would recall 2 million cars, a record for the automaker, including Chevrolet Cruzes it builds for GM, to replace the ignition switch after reports of fumes being emitted from the faulty component.... Read More »

Japan, U.S. seek deals on auto parts, rice to secure trade pact

1:19 am U.S. ET | April 19, 2015

Japanese and U.S. negotiators will seek to resolve the most contentious issues on auto parts and rice to help the two countries reach a trade pact, Japanese Economy Minister Akira Amari said.... Read More »

New markets, production for GM Korea

12:01 am U.S. ET | April 19, 2015

General Motors' massive operation in South Korea lost a big reason for being when bosses in Detroit decided in late 2013 to pull the plug on the Chevrolet brand in Europe.... Read More »

South Korea steps up price-fixing crackdown on auto suppliers

10:40 am U.S. ET | April 17, 2015

South Korea, supporting a global police action against auto-parts price fixing, has hit Japanese and German suppliers with a string of fines in recent weeks. The latest penalties came Tuesday, when Germany's Schaeffler and Japan's JTEKT were fined for rigging bids on tapered roller bearings to Hyundai, Kia and Hyundai Powertech.... Read More »

 
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