Asia

CHRISTIAAN HETZNER

BLOG: BMW's days of easy money in China are over

6:30 am U.S. ET | May 8, 2015

BMW executives are bracing the market for a profit-eroding performance in China as the automaker is weighed down by rising investment costs and an aging product lineup....
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De Tomaso brand sale leaves Italian factory's future uncertain

May 7, 2015 15:24 CET

The sale of iconic Italian sports car brand De Tomaso to Hong Kong investment fund Ideal Team Ventures has created a headache for Turin's local authorities, who now own a dormant factory and are responsible for 800 jobless workers....
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Fiat will unveil compact car at Turkish auto show

May 7, 2015 09:53 CET

Fiat will debut the first model in its new compact car range for Europe and Turkey later this month. The brand will unveil a compact sedan at the Istanbul auto show that will replace the Linea. A hatchback version that will replace the Bravo will follow later....
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Dongfeng names new chairman amid merger reports

May 6, 2015 11:03 CET

Chinese automaker Dongfeng, which has a 14 percent stake in PSA, has appointed a former president of FAW Group as its new chairman amid reports the government is preparing to merge it with FAW, a joint venture partner of VW....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

BMW sales boss shares how brand is adapting to big changes in China

May 5, 2015 06:15 CET

China's rapidly developing auto market has led some cities to restrict new-car sales and forced the country's dealers to rely more heavily on selling used cars rather than new models. BMW brand sales boss Ian Robertson told Automotive News Europe what the automaker is doing to cope with these changes....
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CHRISTIAAN HETZNER

BLOG: Good news for Europe's late arrivers in China

12:01 am U.S. ET | May 4, 2015

Late-arriving European brands in China such as Renault, Fiat and Jaguar have reason to be optimistic because most Chinese customers are ready to leave their current brands....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

How European automakers aim to keep winning in China despite market's slowdown

May 4, 2015 06:01 CET

Foreign carmakers face a tough battle in China as double-digit volume gains and fat profit margins recede and Chinese automakers make inroads into profitable segments. To combat the challenges, Volkswagen and others are focusing on low-emission models, budget vehicles and local production....
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HANS GREIMEL

Detroit has little to gain from free trade with Japan

12:01 am U.S. ET | May 4, 2015

Detroit's automakers have little to gain by having Japan in the Trans-Pacific Partnership free-trade pact, even if the U.S. wins auto import concessions from Tokyo....
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Germany's Brose expects China sales to rise 50% by 2020

May 1, 2015 06:01 CET

German supplier Brose Group expects its annual sales in China will grow by 50 percent by 2020, as the company undergoes a period of expansion in the country....
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Lotus to build SUV in China for Europe, possibly U.S.

April 29, 2015 16:25 CET

Lotus plans to build its first SUV in China and export it to Europe and possibly the U.S. The British sports car maker aims to launch the SUV in 2019. The vehicle will compete against models such as the Porsche Macan....
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LINDSAY CHAPPELL

BLOG: The president should have said 'Mexico'

11:23 am U.S. ET | April 28, 2015

Is China really the competitive threat that will spur Congress to sign off on the proposed new free-trade pact with Japan and other Asian nations?...
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Denso forecasts profit growth on higher Asia sales

11:10 am U.S. ET | April 28, 2015

Denso, the world's second-biggest auto supplier based on revenue, forecast a 7 percent rise in operating profit for the year ahead, citing an anticipated rise in Asian sales....
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Hyundai to create shareholder-rights group after land deal irks investors

7:23 am U.S. ET | April 27, 2015

Hyundai Motor will establish a committee to represent shareholder interests when the board makes key decisions such as acquisitions, heeding calls from investors angered over a $10 billion land purchase last year....
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SHANGHAI AUTO SHOW: PRICED TO SELL

China's cheap car strategy for the U.S.

12:01 am U.S. ET | April 27, 2015

Wu Song, boss of China's Guangzhou Automobile, says his cars need to be 30 percent cheaper than rivals to make it in America. If everything goes his way, GAC will test his pricing strategy with the U.S. launch of its GS4 crossover in 2017....
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To EV or not to EV: The China question

12:01 am U.S. ET | April 27, 2015

As automakers race to comply with China's increasingly stringent emissions rules, they are conflicted about the best electric-vehicle strategy and about whether the Beijing government is sufficiently supporting its avowed desire to see more EV sales....
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VW C Coupe GTE will be brand's low-emissions flagship in China

April 25, 2015 06:15 CET

VW plans to launch a production version of the C Coupe GTE plug-in hybrid concept in China, where it will be the flagship of the automaker's low-emissions lineup....
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Bitter rivals at home, GM and Ford taking different roads abroad

12:01 am U.S. ET | April 25, 2015

General Motors and Ford, Detroit's two venerable rivals, usually compete toe-to-toe in everything they do. But in Russia, they are headed in radically different directions....
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Booming Ford banks on China product blitz

12:01 am U.S. ET | April 25, 2015

Ford, on a rampage in China, aims improve on its 4.3 percent market share in China this year by outpacing the market's expected 7 percent growth with an onslaught of new product, including a Taurus flagship sedan and a clutch of performance cars to burnish the brand's image....
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Volvo will build new compacts in Belgium, CEO says

April 24, 2015 14:57 CET

Volvo will build a new family of compact cars on a common platform shared with parent Zhejiang Geely at its Belgian factory, CEO Hakan Samuelsson said. The compacts may also be built in China, the CEO said....
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Mazda quarterly profits fall on currency losses while sales rise

6:41 am U.S. ET | April 24, 2015

Profits fell at Mazda in the January-March quarter, undercut by higher outlays for marketing and factory startups and foreign exchange losses, despite rising sales....
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Mitsubishi posts first annual N.A. profit in seven years

7:47 am U.S. ET | April 24, 2015

Mitsubishi booked double-digit profit increases in the latest quarter to propel the carmaker to record annual earnings and its first North America profit in seven years....
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Toyota makes noise with Mirai hydrogen fuel cell vehicle

10:18 am U.S. ET | April 24, 2015

For all its silence, Toyota's Mirai hydrogen fuel cell vehicle actually can be pretty noisy. Ironically, that is because the car is propelled by a whispering electric motor that allows the driver to pick up sounds that might otherwise be droned out. And the distinct whirring and intermittent clicking are unique to its hydrogen drivetrain....
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VW, BMW are top brands among Chinese auto buyers, survey says

April 24, 2015 14:30 CET

Volkswagen is the top pick for Chinese consumers considering buying a vehicle followed by BMW and Buick, according to a survey on auto-purchase sentiment conducted by a research unit of Deutsche Borse....
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MIKE COLIAS

BLOG: Buick chief says new China duties won't distract from 'a lot more to do' in U.S.

6:00 am U.S. ET | April 24, 2015

In the year since he took over the Buick and GMC brands in the U.S., Duncan Aldred has made a lot of fans among dealers....
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Mercedes fined $56 million in China for price fixing

April 23, 2015 08:30 CET

Authorities in China's Jiangsu province fined Mercedes-Benz 350 million yuan ($56 million) for a pricing monopoly there. It is the biggest fine imposed on an automaker since the government started to crack down on antitrust violations last year....
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