Asia

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 »

 

Honda planning worldwide recall for Takata airbags, Ito says

5:53 am U.S. ET | Dec. 9, 2014
Honda President Takanobu Ito said his company is planning to launch a worldwide investigative airbag recall, just days after extending a similar callback in the United States. Ito also expressed frustration with the response of Japanese airbag supplier Takata, but said Honda will offer support if Takata tips into financial difficulties.... Read More »

 

Toyota overhauls supply chain to aid r&d efforts

6:30 am U.S. ET | Dec. 9, 2014
Toyota is overhauling its Toyota Group supplier network to better support its next generation product platform and develop advanced active safety technologies.... Read More »

 

Toyota widens airbag recalls after Japan scrapyard rupture

6:55 am U.S. ET | Dec. 4, 2014
Toyota Motor widened a recall of its vehicles linked to defective airbags to include some of the same models in Japan and China, after one of the devices ruptured in a car at a scrapyard in its home country.... Read More »

 

Takata chief called to explain airbag crisis to Japan's industry ministry, report says

10:08 am U.S. ET | Dec. 3, 2014
Japan's powerful industry ministry has summoned Shigehisa Takada, chairman and CEO of Takata, to explain what the company is doing to resolve a crisis over potentially deadly airbags, two people with knowledge of the matter told Reuters.... Read More »

 

Bob Thomas, former U.S. boss of Nissan, dies at 69

7:09 am U.S. ET | Dec. 3, 2014
Bob Thomas, who led Nissan's United States sales operations in the 1990s before joining AutoNation and Edmunds, has died in Hawaii. Thomas died November 23 after a brief illness, according to friends and former colleagues. He was 69.... Read More »

 

Takata Mexico airbag plant inspection finds safety shortcomings

6:37 am U.S. ET | Dec. 3, 2014
Takata, the airbag supplier at the center of a recall crisis, was told by Mexico’s government to take 171 measures to improve health and safety at a plant tasked with making millions of replacement air bags.... Read More »

 

Airbag explosion in scrapyard has Japan weighing more recalls

6:12 am U.S. ET | Dec. 2, 2014
Japan’s investigation into dangerous airbags is leading to a remote scrapyard in the central Gifu prefecture, where the explosion of a car model not included in current recalls suggests automakers may have to yet again expand their safety campaigns.... Read More »

 

Inside Takata, tantrums, but little sense of crisis over airbag recalls

10:17 am U.S. ET | Nov. 30, 2014
Shigehisa Takada, the third-generation head of Takata, shows little sense of the crisis engulfing the Japanese airbag maker at the center of one of the auto industry's biggest safety recalls, say people who have met him recently.... Read More »

 

Takata recalls could shake trust in Japan auto industry, minister warns

10:34 pm U.S. ET | Nov. 27, 2014
Takata's safety crisis linked to five fatal auto accidents threatens to shake confidence in Japanese manufacturing and the country's auto industry, the nation's transport minister warned.... Read More »

 

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BorgWarner’s video montage highlighting 2014 Indianapolis 500 winner Ryan Hunter-Reay. Thu., January 15
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