Asia

Takata's remaining two bidders to seek court-led turnaround in Japan, report says

UPDATED: 1/19/17 6:21 am ET - adds details

Takata's two remaining bidders plan to propose a court-mediated turnaround for the Japanese operations of the troubled airbag supplier, the Nikkei business daily reported.

 

Hyundai, Kia plan $3.1 billion U.S. investment, consider new plant

UPDATED: 1/17/17 7:22 am ET -- adds analyst comment

Hyundai and Kia said they will spend $3.1 billion in the U.S. in the next five years, joining other vehicle manufacturers in announcing investment plans amid threats from President-elect Donald Trump of higher levies on auto imports from Mexico.

Korea bans sales of some BMW, Porsche, Nissan models in emissions probe

South Korea banned the sale of 10 models built by BMW, Porsche and Nissan after an investigation found the automakers fabricated documents related to

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