Asia

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 »

Kia needs India plant to offset slowing sales in Russia and China, report says

Jan. 22, 2015 12:10 CET

Kia needs to set up a factory in India to tap growth in the fast-growing market and offset slowing sales in Russia and China, a Korean newspaper reported the automaker's CEO as saying. India may become the world's No. 3 auto market by next year.... Read More »

Toyota supplier weighs raising airbag capacity as demand climbs

9:35 am U.S. ET | Jan. 21, 2015

Toyoda Gosei, a supplier part-owned by Toyota, is considering increasing its capacity for making airbags to cater to expanding global demand for the safety devices.... Read More »

Toyota, Honda in talks to put 6,000 fuel cell cars on road in Tokyo by 2020 Olympics

6:19 am U.S. ET | Jan. 20, 2015

Japan's capital will build 35 stations to fuel hydrogen-based fuel cell vehicles and is in negotiations with Toyota Motor Corp. and Honda Motor Co. to put 6,000 hydrogen cars on its roads by 2020.... Read More »

Japan's Daicel to lift inflator output after Takata recalls

8:48 pm U.S. ET | Jan. 19, 2015

Japan's Daicel said it would boost production of airbag inflators to meet demand for the component at the heart of rival Takata's quality problems, which have led to the recall of more than 24 million vehicles worldwide since 2008.... Read More »

THE TAKATA RECALL CRISIS

Takata recalls prompt Japan to consider supplier regulations

6:34 am U.S. ET | Jan. 16, 2015

Japanese Transport Minister Akihiro Ohta said today his ministry was considering whether to revise existing laws to beef up oversight of auto suppliers in the wake of massive recalls of Takata airbags.... Read More »

Toyota raises ante on hydrogen; Japan to ease fuel cell regulation

6:56 am U.S. ET | Jan. 15, 2015

Japan will introduce self-service hydrogen filling stations and ease other regulations related to fuel cells to promote the technology, which carmakers including Toyota are using in vehicles.... Read More »

Toyota to build more SUVs as U.S. demand provides edge over VW

7:56 am U.S. ET | Jan. 14, 2015

Toyota will build more SUVs this year at factories in Japan and Canada to meet rising US demand, the carmaker’s top North American executive said.... Read More »

Takata stock rises after lender expresses support

6:33 am U.S. ET | Jan. 8, 2015

Shares in Takata, the maker of airbags that led to millions of vehicle recalls by global carmakers, rose to the highest price in more than two months as a major lender said it would support the troubled supplier should it fail.... Read More »

Turkey's auto sales fall 10% in 2014

Jan. 8, 2015 11:20 CET

Turkish auto sales fell 10 percent in 2014, the ODD industry body said. The result was in contrast to the year before when auto sales in the market rose 10 percent year-on-year.... Read More »

Hyundai Motor Group plans to invest $73 billion by 2018

6:38 am U.S. ET | Jan. 7, 2015

South Korea's Hyundai Motor Group, the world's fifth-largest automaker, said it would spend $73 billion over four years on expanding capacity, building a new headquarters and developing new vehicles.... Read More »

Hyundai, Kia promote younger execs, with eye on succession planning

7:57 am U.S. ET | Dec. 26, 2014

Hyundai Motor and affiliate Kia Motors promoted younger executives in moves analysts said would help smooth an eventual leadership succession at the family-owned conglomerate.... Read More »

Subaru scraps plan to shift Crosstrek production to U.S., report says

7:50 am U.S. ET | Dec. 25, 2014

Fuji Heavy Industries, the maker of Subaru brand cars and SUVs, has scrapped a plan to shift production of the new XV Crosstrek to its plant in the United States and will instead make the SUV in Japan, a source familiar with the company's production plans told Reuters.... Read More »

Japan's laws, attitude help recalls work better

12:01 am U.S. ET | Dec. 21, 2014

In Japan, automakers achieve recall rates that automakers in North America could only dream of.... Read More »

Takata airbag crisis may spur maintenance changes in Japan

8:54 am U.S. ET | Dec. 18, 2014

Takata's airbag crisis could spur changes to how car owners maintain their vehicles, with Japan’s automakers discussing whether drivers should regularly replace the chemicals used to inflate the safety devices.... Read More »

Visteon to sell Halla Climate unit stake for $3.6 billion

12:38 pm U.S. ET | Dec. 17, 2014

Visteon has agreed to sell a majority stake in Halla Visteon Climate Control to South Korea’s Hankook Tire and its investment partner for $3.6 billion, to focus on connected-vehicle solutions and cockpit electronics.... Read More »

Takata tightens screws on suppliers as airbag crisis mounts, report says

8:05 am U.S. ET | Dec. 14, 2014

Takata has begun enforcing tighter quality controls on a group of parts suppliers as the auto safety equipment maker boosts production to replace millions of air bags recalled for a potentially deadly defect, people familiar with the situation told Reuters.... Read More »

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