Asia

YANG JIAN

Qoros should ditch Europe ambitions and focus on China

5:47 am U.S. ET | Feb. 6, 2015

China's Qoros is embarking upon an ambitious plan to reinvent itself as a global automaker with a new CEO, Phil Murtaugh, a former boss of GM China, and a lineup of new vehicles. But with limited resources and rising debts, the automaker would do better to focus on its home market....
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Nissan Rogue shipments to U.S. to be boosted by 38% to 110,000

1:46 pm U.S. ET | Feb. 5, 2015

Renault-Nissan will export 38 percent more Nissan Rogue crossovers to the U.S. from South Korea in 2015 than planned earlier, to meet rising demand in North America....
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Toyota to pay $200 million to help China dealers, group says

10:30 am U.S. ET | Feb. 5, 2015

Toyota has agreed to pay 1.24 billion yuan ($200 million) to distributors for one of its Chinese joint ventures, according to the state-backed auto dealers group....
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Honda, Subaru airlifting parts amid West Coast port labor talks

7:02 am U.S. ET | Feb. 5, 2015

Japanese carmakers including Honda and Subaru are shipping some auto parts to the US by air to bypass a labor dispute at West Coast ports that is delaying deliveries....
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Mazda profits dinged by lower-margin models, higher taxes

6:26 am U.S. ET | Feb. 4, 2015

A higher tax bill and a sales mix of richer in lower-margin models undercut profits at Mazda in the October-December quarter, despite rising global volume....
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BMW will use Indian suppliers for some local parts

Feb. 4, 2015 10:52 CET

BMW's India unit said it will partner with seven domestic suppliers to source components for local production of cars at its Chennai plant in southern India....
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Qoros hires former GM China boss as CEO

Feb. 3, 2015 12:45 CET

Chinese carmaker Qoros appointed Phil Murtaugh, a former General Motors China boss, to run the company after struggling to boost sales. Qoros has been selling vehicles in its European test market, Slovakia, since late 2013....
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Former GM exec Murtaugh hired as CEO of Chinese automaker Qoros

2:53 pm U.S. ET | Feb. 3, 2015

Qoros Automotive, the Shanghai-based joint venture between China's Chery Automobile and Israel Corporation, appointed former GM executive Phil Murtaugh to run the company after struggling to boost its sales....
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Global sales will hit 88.6 million in 2015, pushed by U.S. and China, IHS predicts

6:33 am U.S. ET | Feb. 2, 2015

Global automotive sales for 2015 could hit 88.6 million vehicles, a 2.4 percent increase from 2014 that would continue a five-year growth streak, IHS Automotive said today....
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Nexteer eyes brand development with HQ move to suburban Detroit

9:47 am U.S. ET | Feb. 2, 2015

Chinese-owned auto supplier Nexteer Automotive, the former Delphi steering unit, is moving its headquarters to suburban Detroit as it seeks to grow its brand recognition....
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Renault will increase dealer rebates in China

Jan. 30, 2015 11:32 CET

Renault will give its China dealers more rebates and moderate sales targets as demand cools. Sales growth of passenger vehicles in China will probably slow to 8 percent this year from 10 percent in 2014, according to an industry association....
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Mercedes plans to move R-class production to AM General in Indiana

10:18 am U.S. ET | Jan. 27, 2015

Mercedes-Benz plans to shift production of the R-class crossover from its Alabama plant to contract manufacturer AM General in Indiana this summer. The German automaker said it needed to free up space in its assembly operations near Tuscaloosa, Ala....
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Toyota to move to merit-based pay for Japan factory workers, report says

8:40 pm U.S. ET | Jan. 26, 2015

Toyota will change the way it pays factory workers, focusing on their performance rather than their seniority, the Nikkei reported on Monday....
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Audi to recall 80,000 vehicles; China hit hardest

Jan. 26, 2015 12:23 CET

Audi says it will recall 80,000 vehicles globally due to fuel-injection issues, adding that about 35,000 are from China. The cars, which were made between April 2011 and April 2012, include various A4, A5, A6, A7 and Q7 models, Chinese authorities said....
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VW reaches pact with China dealers

Jan. 26, 2015 11:24 CET

VW says it has reached an agreement with its dealers in China and pledged to continue setting reasonable sales targets to ensure a financially sound distribution network as demand in the world's biggest auto market slows....
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YANG JIANG

China dealers fight back as stock piles up

12:01 am U.S. ET | Jan. 26, 2015

The China Automobile Dealers Association has been a weak and loose organization. Its main job was to produce an annual list of China's top 100 dealerships and to hold a few national conferences for dealers....
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Porsche recalls 13,500 Cayennes, Panameras to fix fuel-seal flaw

7:46 am U.S. ET | Jan. 24, 2015

Porsche is recalling about 13,500 vehicles worldwide to fix a seal that may allow fuel to evaporate....
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Toyota may lose global sales lead to VW without new China strategy

Jan. 22, 2015 11:11 CET

Toyota remained the best-selling automaker worldwide in 2014 ahead of VW and GM, but the company may lose the sales crown this year as it falls behind in China, where rivals are expanding fast....
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Chinese aerospace firm pursues acquisition of U.S. supplier Henniges, report says

6:34 am U.S. ET | Jan. 22, 2015

AVIC, China's biggest aerospace company, is among bidders pursuing an acquisition of US auto supplier Henniges Automotive Holdings, people with knowledge of the matter told Bloomberg. AVIC could pay $1 billion for the acquisition, Bloomberg reported....
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Kia needs India plant to offset slowing sales in Russia and China, report says

Jan. 22, 2015 12:10 CET

Kia needs to set up a factory in India to tap growth in the fast-growing market and offset slowing sales in Russia and China, a Korean newspaper reported the automaker's CEO as saying. India may become the world's No. 3 auto market by next year....
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