Asia

Mitsubishi buys defunct Ford plant in Philippines to fuel Asia growth

6:53 am U.S. ET | March 31, 2014
Mitsubishi Motors Corp. has bought a defunct assembly plant from Ford Motor Co. in the Philippines as part of its push to expand sales in booming Southeast Asia.... Read More »

 

YANG JIAN

In China, Musk rivals Jobs as tech superstar

12:01 am U.S. ET | March 31, 2014
Never before has a car model created such a big splash in China as the Tesla Model S electric sedan. Most observers here admire the company's innovative business model of selling the Model S through its own stores.... Read More »

 

PSA raises transmission production on China demand

March 28, 2014 15:55 CET
PSA says it is stepping up production of transmissions at a plant in Valenciennes, northern France, to meet strong Chinese demand.... Read More »

 

GM pulling Opel out of China after two decades

1:35 pm U.S. ET | March 28, 2014
GM will pull Opel from China next year after failing to gain traction in the market over the last two decades and will invest in Europe to boost the German car brand’s sales in its home region.... Read More »

 

Opel will build Buicks in Germany for U.S.

March 28, 2014 12:37 CET
Opel said it will build a Buick model for the United States at a plant in Germany. It said production would begin in the second half of the decade without naming the model. Opel also said it will stop exporting vehicles to China.... Read More »

 

GM stock drop shows Barra's challenges go far beyond recalls

10:13 am U.S. ET | March 26, 2014
Less than three months into her tenure as GM CEO, Mary Barra has more than recalls to worry about. Her challenges also include stemming losses in Europe, navigating currency fluctuations in South America, buffering VW's advances in China, and managing a slow start to 2014 sales in the United States where a bitterly cold winter hamstrung retail activity.... Read More »

 

Hyundai mulls 4th China plant to meet demand

March 26, 2014 12:07 CET
Hyundai is considering building a fourth car plant in China to meet demand after the carmaker sold more than 1 million vehicles in the country last year for the first time.... Read More »

 

PSA targets China fashionistas in quest for 10% luxury share

March 25, 2014 18:34 CET
PSA wants to capture 10 percent of China's luxury vehicle sales with its Citroen DS brand. The company aims to sell 200,000 DS vehicles in China in four years after delivering about 3,500 units in 2013.... Read More »

 

SKF to supply transmission seals to China's Geely

March 25, 2014 11:45 CET
Swedish supplier SKF says it has signed a five-year deal to supply transmission seals to China's Zhejiang Geely Holding.... Read More »

 

Members only: How a Japanese Lexus dealer pampers LS owners

12:01 am U.S. ET | March 24, 2014
From the sparkling Swarovski chandelier to its veined marble paneling, the secluded LS Owners' Lounge at Nagoya's biggest Lexus dealership is one of a kind.... Read More »

 

U.S. chip maker muscles into rival's turf

12:01 am U.S. ET | March 24, 2014
Japan's killer 2011 earthquake was an unprecedented knockout to the country's auto industry. But for U.S. company Freescale Semiconductor Inc., it has been a business breakthrough.... Read More »

 

Volvo plans to boost development spending in expansion push

March 21, 2014 16:33 CET
Volvo plans to boost research and development spending this year as the carmaker prepares to roll out the new XC90 SUV in a reset of the brand.... Read More »

 

Volvo sees growth for all main car markets in 2014

March 21, 2014 11:17 CET
With cost cutting boosting profits last year, Volvo says it is looking forward to all its main markets growing in 2014, especially in China.... Read More »

 

Japan auto demand to slump after sales tax hike, JAMA says

12:01 am U.S. ET | March 20, 2014
Japanese auto deliveries will drop 16 percent in the year starting April 1 as a sales-tax increase damps demand, an industry group estimates.... Read More »

 

Bentley forecasts reversal of China slump on new Flying Spur

March 18, 2014 11:17 CET
Bentley expects to reverse last year's 3 percent decline in China deliveries after introducing a new V-8 variation of its all-new Flying Spur sedan next month.... Read More »

 

BMW plans China recall on engine-part complaints

March 17, 2014 12:58 CET
BMW will recall an unspecified number of vehicles proactively in China following consumer complaints over a potentially defective engine part.... Read More »

 

Dongfeng CEO says his company won't 'eat' PSA

March 15, 2014 06:01 CET
Dongfeng CEO Zhu Fushou has sought to quell fears over his company's planned purchase of a 14 percent stake in PSA, saying the Chinese company was not seeking to take control of PSA.... Read More »

 

Tesla will expand European outlets

March 14, 2014 06:01 CET
Tesla will open more than 30 new service centers and stores in Europe as it anticipates a jump in sales in the region.... Read More »

 

Turkish output down 11%

March 12, 2014 16:57 CET
Turkey's vehicle production fell 11 percent year-on-year in February and is down by the same percentage for the first two months of 2014.... Read More »

 

Ford, Canadian union criticize South Korea trade deal

8:00 am U.S. ET | March 12, 2014
A new free trade agreement with South Korea will throw a wrench into Canada's auto sector recovery, Ford and Canadian union leaders warned on Tuesday, highlighting the pressure on an industry already struggling with competition from Mexico.... Read More »

 

3 years later, rebounding from quake, tsunami

12:01 am U.S. ET | March 11, 2014
On March 11, 2011, a massive earthquake-tsunami devastated Japan and also torpedoed much of the nation's auto industry for the better part of a year. But as Japan marks the three-year anniversary, the country's carmakers have rebounded to precrisis highs. Last year, Japan churned out 9.6 million vehicles, just topping 2010's prequake result.... Read More »

 

Canada to phase out tariffs on Korean vehicles under trade pact

2:04 am U.S. ET | March 11, 2014
Canada concluded negotiations on a free-trade deal with South Korea that it says will phase out tariffs on cars made by Korean companies such as Hyundai.... Read More »

 

Chrysler near China Jeep deal

12:01 am U.S. ET | March 9, 2014
Fiat Chrysler executives say they expect to complete an agreement this month for Jeep production in China.... Read More »

 

Mercedes closes gap with Audi by one-third on China sales surge

March 7, 2014 12:34 CET
Mercedes slashed second-place Audi's luxury-car sales lead by almost one-third in the first two months on surging demand for its models in China.... Read More »

 

Mazda snaps up engineers in latest sign of rebound

1:44 pm U.S. ET | March 7, 2014
Mazda is embarking on a hiring binge in Japan, the latest sign that the former money-losing carmaker is bouncing back. The surge in new recruits will come in engineering as Mazda doubles down on future product.... Read More »

 

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