PSA has no plans to return to India any time soon

Oct. 6, 2015 15:32 CET

PSA says it has no plans to re-enter India's car market any time soon after a report said the carmaker is in talks with Tata to form a local partnership that could oversee production and distribution in the market and share technology.... Read More »

Pacific trade deal cuts U.S. tariffs on light vehicles, sets new duty-free benchmark for local content

9:26 am U.S. ET | Oct. 5, 2015

Pacific trade ministers reached a deal on the most sweeping trade liberalization pact in a generation that will lower U.S. tariffs on light vehicles, revamp global auto production and open Japan's market to U.S.-built vehicles.... Read More »

Pacific trade pact would open Japanese market to U.S. vehicles, report says

8:04 pm U.S. ET | Oct. 2, 2015

A U.S.-Japan agreement on autos trade as part of a sweeping Pacific Rim trade deal would have its own dispute settlement mechanism, including penalties, if Japan does not open its market enough to U.S. vehicles, a source close to the trade negotiations said.... Read More »

VW damaged trust in auto industry, Japan car group chairman says

6:07 am U.S. ET | Oct. 1, 2015

VW compromised consumer trust in the auto industry by equipping its diesel engines with software that cheated emissions tests, the chairman of Japan’s car manufacturers’ trade group said.... Read More »


VW could face fines in Australia, sales halt in S. Korea

Oct. 1, 2015 11:42 CET

VW Group could face millions of dollars in fines in Australia and the suspension of sales in South Korea in the wake of the automaker's admission that it used emissions-cheating software in 11 million vehicles worldwide.... Read More »

Japan orders probe of diesel emissions after VW confession

8:37 am U.S. ET | Sept. 29, 2015

Japan's transport ministry has ordered carmakers to investigate whether their diesel vehicles meet the country's emission norms after Volkswagen admitted to rigging some cars to cheat on U.S. tests.... Read More »

LG Chem CEO Prabhakar Patil to retire

4:20 pm U.S. ET | Sept. 29, 2015

Prabhakar Patil will retire as CEO of LG Chem Power, effective Wednesday, the battery maker said today. He will be succeeded by Denise Gray, who helped develop the Chevrolet Volt's lithium ion battery system, starting Thursday.... Read More »

Autos key to driving Pacific trade deal over finish line

2:39 pm U.S. ET | Sept. 29, 2015

For auto parts makers in the Mexican state of Nuevo Leon, the fine print of a Pacific trade deal negotiators aim to wrap up this week could make or break an export industry boom built up over the last 20 years that is now worth $60 billion.... Read More »

Turning wood and orange peels into car parts stronger than steel

7:39 am U.S. ET | Sept. 29, 2015

The molecules of plant fibers are being transformed into a lightweight material five times stronger than steel that can be used to make everything from auto parts to electronic displays. No wonder the technology, called cellulose nanofiber, has piqued the interest of executives in Japan.... Read More »

Mercedes will promote diesel cars in Japan despite VW scandal

Sept. 28, 2015 14:14 CET

Mercedes will continue to promote diesel cars in Japan despite the negative impression that VW's emissions test cheating has had on the fuel technology. Mercedes is aiming to double the proportion of diesel cars it sells in Japan to 10 percent in 2015.... Read More »

GM may need to cut capacity in Korea as exports slow

10:26 am U.S. ET | Sept. 23, 2015

GM may need to cut production capacity in its South Korean operations if the company can’t increase sales of the vehicles built there, the president of the GM International division said.... Read More »

South Korea will probe VW, Audi diesel car emissions

Sept. 22, 2015 10:40 CET

South Korea said it will investigate emissions of three VW and Audi diesel cars after VW Group admitted rigging emissions tests on diesel-powered vehicles in the U.S.... Read More »

Canada's auto industry may need to accept concessions in Pacific trade talks, prime minister says

6:25 am U.S. ET | Sept. 18, 2015

Automakers with assembly plants in Canada might not be happy with some of the conditions in a proposed 12-nation Pacific trade pact, but the nation must be part of the sweeping deal, Prime Minister Harper says.... Read More »

NGK Insulators to pay $65.3 million U.S. fine for price-fixing, obstruction

3:11 pm U.S. ET | Sept. 3, 2015

Japanese auto supplier NGK Insulators has agreed to plead guilty and pay a $65.3 million fine for fixing prices of automotive parts and attempting to obstruct the ongoing global investigation into auto parts bid rigging, the U.S. Department of Justice said today.... Read More »

Turkish auto sales rise 37% in August

Sept. 3, 2015 11:44 CET

Turkish sales of passenger cars and light commercial vehicles jumped 37 percent in August, helping eight-month registrations rise by 47 percent.... Read More »

GM expects to be profitable in India in 5 years

6:53 am U.S. ET | Sept. 2, 2015

General Motors expects to be profitable in India in five years as it cuts costs and works toward increasing local content in its cars, the automaker's India chief told Reuters.... Read More »

Renault, Nissan halt $756 million India investment, report says

Aug. 31, 2015 11:43 CET

Renault and alliance partner Nissan have halted plans to invest 50 billion rupees ($756 million) in India because they say they are owed 46 billion rupees by the Tamil Nadu state government for investment promotion subsidies and tax refunds, a report said.... Read More »

Global carmakers rework India plans

Aug. 27, 2015 12:01 CET

Leading global carmakers including VW, GM, Nissan and Renault are reviewing their plans in India as they seek to boost sales, avoid more cutbacks, and better compete against market leaders Maruti Suzuki, Hyundai and Mahindra.... Read More »

Ferrari returns to India with California T, new dealers

Aug. 26, 2015 11:40 CET

Ferrari is renewing its Indian market push with two new dealers and the introduction of the California T convertible after terminating earlier dealerships for reasons including dissatisfaction with service levels.... Read More »

Toyota plans Olympic all-stars, report says

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

Toyota will capitalize on its sponsorship of the 2020 Olympics by launching a string of new models tied to the games, including a taxi and fuel cell cars, a Japanese magazine reported.... Read More »

Toyota may buy replacement airbag inflators from three Takata rivals

7:24 am U.S. ET | Aug. 21, 2015

Toyota, recalling about 12 million vehicles worldwide to replace Takata airbags, said it may tap three additional suppliers to boost supply of the components. The automaker said today it is considering using inflators from Autoliv, Daicel and Nippon Kayaku for replacement airbags.... Read More »

Renault-Nissan will cut jobs, production in India

Aug. 20, 2015 12:32 CET

Renault-Nissan plans to cut several hundred jobs in India and reduce production at its plant near Chennai. The move is in reaction to slowing sales caused by the slow pace of new product launches and growing competition from rivals such as Maruti Suzuki and Hyundai.... Read More »

Japan faces shortage of replacement airbags as recalls expand

9:33 am U.S. ET | Aug. 19, 2015

Japan may face a shortfall in supply of replacement airbags as automakers recall 9.8 million vehicles in the country to swap out potentially defective devices made by Takata, according to its transport ministry.... Read More »

Thai stamping supplier to expand in Michigan

11:51 am U.S. ET | Aug. 11, 2015

Thai Summit America will break ground later this month on a 44,000-square-foot expansion in Michigan. The North American subsidiary of Thailand-based Thai Summit Group announced earlier this year it would spend $52.5 million to expand its metal stamping operations.... Read More »

Toyota still No. 1 where it counts: Profits

12:01 am U.S. ET | Aug. 10, 2015

Toyota Motor Corp. may have lost its title as world's biggest automaker halfway through the year, but it beat its two top rivals by miles in profits in the latest quarter, thanks largely to currency gains.... Read More »

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GM's Barra: Tapping into ideas from Silicon Valley

GM's Barra: Tapping into ideas from Silicon Valley

General Motors CEO Mary Barra comments on lessons from mom; girls who shy away from math; slicing a 10-page policy down to two words; tapping millennials to erase stupid habits; taking regular trips to Silicon...
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