Suzuki

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 »

Suzuki Motor appoints scion as CEO to rebuild after testing scandal

6:36 am U.S. ET | June 29, 2016

Suzuki Motor Corp. tapped the son of the company patriarch to become CEO, keeping management of Japan's fourth-largest automaker with the founding family as it tries to recover from a testing scandal.... Read More »

Suzuki Baleno is company's first model in Europe with fuel-saving mild hybrid

June 24, 2016 06:01 CET

Suzuki has boosted fuel economy in its new Baleno hatchback by using a mild hybrid system for the first time in one of its models sold in Europe.... Read More »

Takata says it is selling automakers' shares to raise cash

June 14, 2016 10:41 CET

Takata, the embattled airbag maker behind the industry's biggest ever automotive safety recall, said it's selling shares it owns in automakers to raise funds as it faces compensation claims for its defective devices.... Read More »

VIDEO: First Shift: FCA in Uber, Amazon talks?

12:01 am U.S. ET | June 8, 2016

FCA in talks with Uber, Amazon - report; Suzuki chair to quit CEO job; Nissan ads ditch glitz; Toyota tops brand-value list, Tesla cracks top 10; Mercedes targets U.S. sales record.... Read More »

Suzuki chairman will step down as CEO over false fuel-economy tests

June 8, 2016 09:36 CET

Suzuki Chairman Osamu Suzuki will give up his CEO title and Executive Vice President Osamu Honda will retire, the automaker said today, after the company revealed using false fuel-economy tests last month.... Read More »

Suzuki raided by Japanese investigators over false fuel economy tests

June 3, 2016 10:46 CET

Japanese investigators raided Suzuki's headquarters as they probe the automaker's use of improper fuel economy tests.... Read More »

Suzuki halts output at 3 Japanese factories after explosion at supplier plant

June 2, 2016 11:15 CET

Suzuki halted production at three plants in Japan after an explosion at an Aisin Advics factory caused a shortage of brake components.... Read More »

Suzuki blames lack of resources for using wrong mileage tests

May 31, 2016 11:19 CET

Suzuki said 14 of its branded models were affected by incorrect fuel tests, down from the 16 it initially reported.... Read More »

VIDEO: First Shift: Two Mitsubishi execs to resign

12:01 am U.S. ET | May 18, 2016

Two Mitsubishi execs to quit; Suzuki admits improper testing; More scrutiny for GM; Chinese suitor for FCA?; VW: Dismiss parts of U.S. case; Snyder on riding the off-lease wave.... Read More »

Suzuki says it used wrong fuel efficiency tests on 16 models in Japan

May 18, 2016 08:37 CET

Suzuki said it had used fuel efficiency and emission testing methods that were different from Japanese regulations on 16 models now sold in the country, but that proper testing showed no need to amend the data.... Read More »

Japanese look outside for engineering help

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

Japanese automakers are increasingly willing to accept outside engineering help, as tightening emissions and safety regulations stretch r&d resources. British engineering firm Ricardo sees a big opportunity and plans to double its business with Japanese automakers.... Read More »

Suzuki quarterly operating profit up slightly; net profit outlook trimmed

1:57 pm U.S. ET | Feb. 8, 2016

Suzuki said operating profit rose slightly in the third quarter on healthy demand in India, but trimmed its full-year net profit outlook due to a tax-related issue.... Read More »

NEWS ANALYSIS

Scion is not Japan's only failed U.S. brand

11:31 am U.S. ET | Feb. 3, 2016

Japanese failures in the United States are rare, but there have been a few. And with the death of Scion, announced today, Toyopet no longer stands alone as Toyota’s only failed brand.... Read More »

HANS GREIMEL

BLOG: Suzuki shares surge on report of talks with Toyota

12:55 pm U.S. ET | Jan. 27, 2016

Suzuki shares surged on the Tokyo Stock Exchange today amid speculation the minicar specialist is seeking a new alliance partner after its acrimonious breakup with Volkswagen.... Read More »

Toyota considers Daihatsu buyout, denies Suzuki tie-up talks

Jan. 27, 2016 08:50 CET

Toyota said it was considering buying out the rest of minivehicle maker Daihatsu, a $3.2 billion deal at current market prices, but denied a report that it was in partnership talks with Daihatsu rival Suzuki.... Read More »

Suzuki lifts annual profit outlook on strong India, VW stake sale

Nov. 4, 2015 11:38 CET

Suzuki says it has lifted its annual net profit forecast by 14 percent, citing better-than-expected earnings in India and the sale of its stake in Volkswagen Group.... Read More »

JAMES B. TREECE

BLOG: Checking out the competition

1:45 pm U.S. ET | Oct. 29, 2015

It’s common to see senior auto executives strolling through an auto show, checking out the competition. The various ways they do it offer insight into their styles.... Read More »

Suzuki sells 1.5% VW stake to Porsche holding company

Sept. 26, 2015 11:14 CET

Suzuki has sold its entire 1.5 percent stake in VW Group to Porsche SE and will post a special profit of 36.7 billion yen ($304 million) on the transaction.... Read More »

HANS GREIMEL

BLOG: Suzuki gets last laugh, and vindication, on failed VW partnership

6:58 am U.S. ET | Sept. 25, 2015

Suzuki executives can't help but feel some sense of vindication at the unraveling of former partner Volkswagen over its diesel dupe. After all, it was VW's backbiting over diesel engines that helped torpedo their ill-fated tie-up that was officially unwound this month after four years of bitter arbitration.... Read More »

Suzuki confirms $3.8 billion buyback of Volkswagen stake

Sept. 17, 2015 16:39 CET

Suzuki confirmed that Volkswagen has sold back all 111.6 million shares it held in the Japanese carmaker for $3.8 billion, closing the final chapter of an acrimonious partnership.... Read More »

Suzuki's divorce from VW will cost it up to $3.9 billion

Sept. 16, 2015 10:47 CET

Suzuki will buy back the 19.9 percent stake held by top shareholder Volkswagen after an international arbitration court last month ordered VW to sell its holding following a failed tie-up between the two automakers.... Read More »

Is strident Suzuki up to going solo?

12:01 am U.S. ET | Sept. 13, 2015

With the company's small global footprint and r&d budget, Suzuki's bid to remain independent after splitting with estranged partner Volkswagen will be a key test of whether small players can stay that way in an age of consolidation.... Read More »

Suzuki will defend its independence after 4-year dispute with VW ends

Aug. 31, 2015 11:14 CET

Suzuki plans to defend its hard-won independence after arbitrators upheld the Japanese automaker's request to terminate a 2009 agreement with Volkswagen. VW will sell its 19.9 percent Suzuki stake, valued at about $3.8 billion.... Read More »

Volkswagen must sell shares in Suzuki, court decides

Aug. 30, 2015 10:54 CET

Volkswagen must sell its shares in estranged partner Suzuki, an international court decided, ending a nearly four-year battle over a dysfunctional alliance between the two carmakers.... Read More »

 
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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How to push self-driving tech to the limits without the risks

Nick Gibbs
12:01 am U.S. ET | July 6 2016

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There's a risk-free way to push autonomous cars to their limits. A simulator in the UK is going to d ...
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Volvo defies gravity

Luca Ciferri
8:33 am U.S. ET | July 5 2016

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Volvo doesn't consider itself a true global player in the premium segment. ...
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BMW CEO scores first big win with Intel, Mobileye deal

Christiaan Hetzner
10:40 am U.S. ET | July 2 2016

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Led by CEO Harald Krueger, BMW's strong push into autonomous driving with Intel and Mobileye could b ...
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Why Europe's car buyer categories need a shake-up

Douglas A. Bolduc
4:49 am U.S. ET | July 1 2016

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Johnson Controls says current car buyer categories aren't telling the full story. ...
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Nissan struggles to make sense of Sunderland shocker

Nick Gibbs
5:42 am U.S. ET | June 28 2016

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Nissan's team in the UK is “shell-shocked” by the decision of the country's voters to leave the EU, a person close to the company told me. ...
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Goodbye to the Europe I knew

Bradford Wernle
12:01 am U.S. ET | June 27 2016

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I am deeply shocked and disappointed by the decision of British voters to leave the European Union. ...
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Recapping Toyota's traumatic loss at Le Mans

Luca Ciferri
12:01 am U.S. ET | June 23 2016

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Toyota was reminded of how cruel motorsports can be when it lost the 24 Hours of Le Mans to Porsche ...
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VW's long day as shareholders quiz management

Christiaan Hetzner
6:40 am U.S. ET | June 22 2016

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As Volkswagen's 56th annual shareholder meeting began there were still long lines of people waiting ...
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Probe overshadows VW's annual meeting

Christiaan Hetzner
7:01 am U.S. ET | June 21 2016

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When VW shareholders gather for their annual meeting it is sure to be a turbulent event, not least b ...
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Newsletters & Alerts
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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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UK's June car sales fall; gov't asked for support
UK car sales fell for only the second time in more than four years in June, prompting an industry bo ...
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W. Europe car sales up 6% in June despite UK decline
Western European car registrations increased nearly 6 percent in June as demand rose last month in G ...
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VW Group sales rise nearly 2% in May, helped by Audi, Skoda gains
Volkswagen Group's global sales rose 1.6 percent in May, helped by rising demand for Audi and Skoda ...
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VW brand sales stable as Europe, China demand offsets drops in U.S., Brazil
Volkswagen brand sales slipped 0.7 percent last month with gains in Europe and China offsetting decl ...
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Russia car sales fall 15% in May
New-car sales in Russia fell 15 percent in May, after an 8. ...
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Western Europe car sales rise 14% in May
Western European car registrations increased 14 percent in May as demand rose last month in Germany, ...
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Mercedes SUVs help boost U.S. sales lead over Lexus, BMW
Mercedes outsold its luxury auto competitors in the U.S. in May, building its lead in a down month t ...
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VW sales in U.S. fall 17% for worst May since 2010
Continued weakness in car deliveries led Volkswagen of America to its worst May U.S. ...
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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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Daimler lures exec from Citroen to lead digital sales unit at Mercedes
Daimler has hired a former Citroen executive to run a new department focused on technology sales and ...
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FCA's U.S. communications chief Ranieri returns to Italy
Gualberto Ranieri, the senior vice president for communications for Fiat Chrysler Automobiles' subsidiary, FCA US, has returned to Italy, seven years after arriving to work... ...
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Former Audi, Mercedes exec named new Cadillac Europe boss
GM has appointed former Audi and Mercedes executive Felix Weller as head of Cadillac Europe as it tr ...
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VW veteran Powels faces tough task in South America
VW brand named David Powels as head of its South American operations. Powels faces a tough challenge ...
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Faraday names Ferrari exec Mattiacci global brand chief
Electric vehicle startup Faraday Future appointed longtime Ferrari executive Marco Mattiacci to the post of global chief brand and commercial officer. ...
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GM names Boler-Davis head of global manufacturing
General Motors named Alicia Boler-Davis as its head of global manufacturing and labor relations, the ...
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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 ...
 Read More ›
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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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VW Tiguan offers more room, less weight
Volkswagen has made its new Tiguan lighter, roomier and added more technology as standard equipment ...
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Audi SQ7's electric compressor banishes turbo lag
Audi's SQ7 is the world's first production vehicle equipped with an electric powered compressor, whi ...
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F-Pace set to become Jaguar's top-seller
Jaguar expects the F-Pace to become the brand's best-selling model to date after record advance sale ...
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Porsche turbocharges new Boxster
Porsche is repositioning its latest Boxster with a new name, a higher price tag, and a new four-cyli ...
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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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Suppliers to the new Ford S-Max
Assembly of the second-generation Ford S-Max began in May 2015 at Ford's factory in Valencia, Spain. ...
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