Asia

VW plans subcompact sedan for India to help build market share

June 23, 2015 15:20 CET

Volkswagen is betting that the launch of a subcompact sedan in India will help it build on its small market share in the market. The new car comes with equipment usually reserved for high-end models, such as dual airbags and automatic gear shift....
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Ghosn's Nissan pay tops $8 million

June 23, 2015 10:48 CET

Nissan CEO Carlos Ghosn received a total of 1.03 billion yen ($8.3 million) in salary and bonuses for the year ended March 31, an increase of 4 percent from a year earlier, and the first time his pay has reached this figure....
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Bumps in Toyota's road to diversity

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

Stumbles with two high-profile foreign executives at Toyota cast a pall over what had been a bold move forward in the internationalization of the world's biggest automaker....
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Mercedes's $230,000 Maybach S class defies China's cooling luxury market

June 21, 2015 06:01 CET

Mercedes-Benz is selling almost as many Maybach cars in China each month as it used to sell worldwide in a year when it targeted the super-rich with a stand-alone model....
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Toyoda defends 'close friend' Hamp after arrest

6:40 am U.S. ET | June 19, 2015

Toyota CEO Akio Toyoda defended his "close friend" and global communications chief Julie Hamp a day after her arrest for allegedly importing narcotic painkillers and promised the investigation will show that the company's first upper-level female executive had no intention of breaking Japanese law....
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Subaru adds Impreza Sport Hybrid, its second hybrid, for Japan

11:00 am U.S. ET | June 19, 2015

Subaru is adding a second hybrid vehicle to its lineup, a gasoline-electric version of the Impreza hatchback it hopes will tap booming demand for the fuel-efficient technology in Japan....
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YANG JIAN

BLOG: VW pays the price for failing to respond to evolving customer needs in China

5:00 am U.S. ET | June 19, 2015

After outperforming the market for almost a decade, Volkswagen, the top-selling brand in China, has begun to lose market share as the economy slides and the automaker becomes less responsive to evolving consumer needs....
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Toyota appeals $327 million tax bill in Thailand

7:00 am U.S. ET | June 19, 2015

Toyota said its Thailand subsidiary is appealing a Thai government order to pay additional taxes that the Nikkei business daily said would total more than 11 billion baht ($327 million)....
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Toyota 'confident' arrested exec Hamp didn't intend to break Japan drug laws

6:52 am U.S. ET | June 18, 2015

Toyota expressed confidence in communications chief Julie Hamp, its first female senior executive, after she was arrested Thursday on suspicion of a Japanese drug offense involving a prescribed medication, saying she did not intend to break any laws....
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Geely will unveil compact car developed with Volvo at Geneva show

June 16, 2015 12:15 CET

Geely Automobile will unveil the first compact car jointly developed with Volvo at the Geneva auto show in March. The two automakers, both units of China's Zhejiang Geely Holding Group, plan to develop a series of models using a shared architecture....
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Beijing angered by U.S. duties on Chinese tires

7:26 am U.S. ET | June 15, 2015

China's Commerce Ministry today blasted the U.S. for imposing duties on certain automobile and light truck tires imported from China, calling the move "unreasonable" and damaging to world trade....
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U.S. slaps duties on Chinese tires for cars, light trucks

5:33 pm U.S. ET | June 12, 2015

The United States on Friday imposed duties on certain car and light truck tires imported from China after finding they were being dumped at below-market value and unfairly subsidized by Beijing....
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VW Group sales fall for 2nd consecutive month

June 12, 2015 20:26 CET

VW Group sales fell for a second month in May and at a faster pace than in April, highlighting the German carmaker's difficulties in weak emerging markets. Deliveries at the 12-brand group slid by 2.6 percent to 858,000 vehicles in May, VW said....
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Hyundai, Kia cut output in South Korea after sales decline

7:43 am U.S. ET | June 12, 2015

Hyundai and its affiliate Kia are reducing production after sales fell at the two Korean carmakers....
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Mercedes adds India output of GLA in bid to regain luxury-car lead in market

June 12, 2015 12:42 CET

Mercedes is boosting local output in India by adding production of the GLA at its factory in Pune. The automaker expects the move will help it lower the crossover's starting price, which should give Mercedes a sales lift as it tries to pass Audi for the market's premium-car lead....
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Japanese launch plan for cars to help power electric grid

8:11 am U.S. ET | June 8, 2015

Japanese automakers aim to solidify their global leadership in electric-vehicle charging standards by extending the technology to vehicle-to-infrastructure energy transfers....
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Deep discounts fail to boost China sales in May

2:04 am U.S. ET | June 5, 2015

Automakers failed to jumpstart the slowing growth in car sales in China last month despite offering steeper discounts, as consumers opted to defer purchases and invest in the world's biggest stock-market rally instead....
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Ford's China sales rise 4% in May

7:30 am U.S. ET | June 5, 2015

Ford and its Chinese joint ventures sold 91,013 vehicles in China in May, up 4 percent from a year earlier, the company said today....
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Toyota boosting Japan exports to reach sales goal

7:07 am U.S. ET | June 5, 2015

Toyota, facing capacity constraints in North America, may boost exports from Japan for the first time in three years to meet its global sales target....
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GM sales slump deepens in China even after price cuts

5:46 am U.S. ET | June 4, 2015

GM reported a second consecutive month of sales declines in China, its largest market, despite cutting prices on 40 models across its Buick, Chevrolet and Cadillac brands....
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VW says China agrees to bigger stake in JV with FAW

June 4, 2015 16:07 CET

China has given Volkswagen Group a green light to raise its stake in a joint venture with local partner FAW, the German company said. VW currently has a 40 percent stake in the venture....
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VW, SAIC sign deal to build EVs, plug-in hybrids in China

June 4, 2015 12:02 CET

Volkswagen Group says it has signed a cooperation agreement with partner SAIC Motor Corp. to ensure the production and research and development of electric and plug-in hybrid cars in China. VW said over the next four years it plans to localize more than 15 different green models in China, that will include plug-ins and EVs....
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JAY RAMEY

BLOG: Saab turbo engines to power Chinese Jeep Wrangler clone

11:00 am U.S. ET | June 2, 2015

The Beijing Auto BJ40, a 4x4 clone of the Jeep Wrangler, will soon receive a turbocharged 2.0-liter engine that its parent company, BAIC, received from GM's fire sale of Saab parts bin items in 2009, along with the Saab 9-3 and Saab 9-5 platforms....
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Porsche's wealthy Chinese buyers choose less costly models

June 2, 2015 12:18 CET

Porsche’s wealthy Chinese customers are settling for less expensive models as a government crackdown on graft and conspicuous consumption slows luxury sales....
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Jaguar Land Rover appoints former Porsche exec as China sales head

June 1, 2015 12:02 CET

Jaguar Land Rover has appointed former Porsche executive Mark Bishop as its new China sales boss, amid a slowdown in one of its key markets....
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