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YANG JIAN

VW, Ford, Nissan eye China's entry-level market

4:35 am U.S. ET | July 28, 2014
Global automakers have long been reluctant to sell cheaper vehicles in China as they seek to protect their healthy profit margins. But now foreign automakers are moving into China's entry-level segment in a quest for market share.... Read More »

 

GM Korea reaches tentative wage deal, averting strike

6:30 am U.S. ET | July 28, 2014
General Motors' South Korean unit reached a tentative wage deal with its labor union today, averting a potential strike at one of its key Asian production bases.... Read More »

 

RISK AND REWARD

Russia has potential, but there are problems beyond the current crisis

12:01 am U.S. ET | July 28, 2014
For General Motors, Ford, Volkswagen, Renault-Nissan and other carmakers, the giant country is an emerging market with huge strategic significance. But the risks are there, too, and they also are enormous.... Read More »

 

Buick's Envision

12:01 am U.S. ET | July 28, 2014
Buick last week previewed the Envision crossover, center, a vehicle developed specifically for China, though sources say a U.S. version will be ready in the second half of 2015 as a '16 model.... Read More »

 

Audi cuts spare-part prices in China amid anti-monopoly probe

9:58 am U.S. ET | July 27, 2014
Volkswagen AG's luxury Audi brand plans to cut spare-part prices in China as global automakers rush to change their pricing strategies after Chinese anti-monopoly regulators began probing the auto industry.... Read More »

 

Mitsubishi retools flagship Japan plant before hybrid push

12:01 am U.S. ET | July 26, 2014
Mitsubishi is overhauling its flagship assembly plant in Japan to slash production costs and boost capacity as it readies for increased output of plug-in hybrid vehicles. The renovations at Mitsubishi's Okazaki plant in central Japan aim to cut the cost of body assembly 30 percent.... Read More »

 

Jaguar Land Rover cuts prices on 3 models in China in response to government probe

7:40 pm U.S. ET | July 25, 2014
Jaguar Land Rover will cut prices on 3 models by an average of $32,300 starting August 1, after the National Development and Reform Commission, China's state planner, launched an investigation into monopolistic prices in the auto industry, the company said in a statement on Friday.... Read More »

 

Valeo raises 2014 profit forecast

July 25, 2014 06:01 CET
French car parts supplier Valeo has raised its full-year earnings forecast following a 21 percent rise in first-half profit, due mainly to overseas expansion and increased demand for fuel-saving technologies.... Read More »

 

Audi, BMW and Mercedes pressure Ford, GM as UK market booms

July 25, 2014 06:01 CET
Germany's premium automakers are benefiting most from the UK car market boom. Audi, BMW and Mercedes are winning customers from mass-market brands such as Ford and Vauxhall.... Read More »

 

Audi, BMW and Mercedes pressure Ford, GM as UK market booms

12:01 am U.S. ET | July 25, 2014
Germany's premium automakers are benefiting most from the UK car market boom. Audi, BMW and Mercedes are winning customers from mass-market brands such as Ford and Vauxhall.... Read More »

 

Cooper-Standard begins operations at Asia Pacific tech center

2:44 pm U.S. ET | July 24, 2014
Auto supplier Cooper-Standard Automotive Inc. began operations at its Asia Pacific Technical Center today in Shanghai.... Read More »

 

UK car output boosted by new models in first half

July 24, 2014 10:41 CET
UK car production grew by 4 percent in the first six months thanks to new models, but the Society of Motor Manufacturers and Traders warned that further growth must be backed by bolstering the UK's parts supply chain.... Read More »

 

Ford posts European profit in second quarter

July 24, 2014 12:40 CET
Ford posted a second-quarter pre-tax profit of $2.6 billion, boosted by its first quarterly profit in Europe in three years and record quarterly earnings in North America.... Read More »

 

GM Korea could make next-gen Cruze if union calls off strike

7:22 am U.S. ET | July 24, 2014
GM's South Korean subsidiary told its employee union that the automaker could consider making the next-generation Chevrolet Cruze in South Korea if the union calls off a wage-related strike.... Read More »

 

Japan readies fuel cell subsidies in bet on Toyota's next big thing

10:44 am U.S. ET | July 23, 2014
Japan is readying subsidies to help Toyota and key suppliers take the lead in hydrogen-powered fuel cell vehicles that could top $400 million over the next several years if the most bullish projections for the technology play out.... Read More »

 

Sogefi reports first-half loss on restructuring costs, Brazil downturn

July 22, 2014 15:29 CET
Italian supplier Sogefi reported a first-half net loss, hit by restructuring costs, the negative impact of the strong euro on South American currencies and a sharp slowdown in the Brazilian market.... Read More »

 

Rolls-Royce names new China boss

July 22, 2014 06:01 CET
Rolls-Royce has named BMW veteran Leon Li as regional director for its China operations. China demand helped to boost the ultraluxury brand's global vehicle sales to a record 3,630 last year.... Read More »

 

Osram provides BMW i8's laser lights

12:01 am U.S. ET | July 22, 2014
Osram provides the headlamps for the optional laser high beams on the BMW i8 plug-in hybrid supercar. BMW says the i8's laser lights use half the energy of light-emitting diode headlamps.... Read More »

 

Mercedes seeks to outpace premium rivals in China with more dealers, new models

July 22, 2014 10:35 CET
Mercedes expects to outpace the 17 percent to 18 percent growth in industry sales of premium vehicles in China this year, after merging two competing sales networks and adding new models.... Read More »

 

Germany's Rheinmetall forms new JV with China's Hasco

July 22, 2014 13:16 CET
Rheinmetall will shift a unit making aluminum engine blocks to a joint venture with China's Hasco to help finance growth at its automotive business, the German company said.... Read More »

 

Opel will discontinue weak-selling Ampera, sources say

July 21, 2014 06:01 CET
Opel will discontinue the weak-selling Ampera plug-in hybrid, according to people familiar with the company's plans.... Read More »

 

GM won't offer version of next Volt in Europe

12:01 am U.S. ET | July 21, 2014
GM's Opel division will discontinue the Ampera, a rebadged Volt, after the redesign of the 2016 Volt, according to two people familiar with the company's plans.... Read More »

 

Japan to dangle nearly $20,000 in subsidies to spur fuel-cell sales

9:05 am U.S. ET | July 19, 2014
Japan's government will offer at least $19,700 in subsidies to speed up the introduction of fuel-cell vehicles coming to market from Toyota and Honda.... Read More »

 

Mazda2 output starts; Europe sales begin in 2015

July 18, 2014 11:03 CET
Mazda has given its Mazda2 subcompact the sharp creases and sportier stance of the brand's new Kodo design language.... Read More »

 

JCI profits fall on restructuring charges

8:46 am U.S. ET | July 18, 2014
Johnson Controls' fiscal third-quarter earnings slid 68 percent as restructuring and other charges offset a modest rise in revenue.... Read More »

 

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