Asia

Mitsubishi promises new products

12:01 am U.S. ET | Nov. 17, 2014
Mitsubishi, amid a remarkable sales rebound in the United States, is targeting its first profit in North America since the global financial crisis. Now CEO Osamu Masuko pledges to build on the company's momentum with a badly needed injection of fresh product....
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Hot sales put Subaru ahead of plan

12:01 am U.S. ET | Nov. 17, 2014
In May, Yasuyuki Yoshinaga, president of Subaru maker Fuji Heavy Industries, unveiled a business plan to guide the company through 2020. But Subaru's sales are rising so fast, he may have to roll out a new plan much sooner than expected....
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LETTER TO THE EDITOR

Clean diesels are perfect for China

12:01 am U.S. ET | Nov. 17, 2014
Today's clean diesel technology does not require a compromise between real-world fuel economy and vehicle size and performance....
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Confessions of a price fixer

6:00 pm U.S. ET | Nov. 16, 2014
As one after another Japanese auto supplier gets snagged for price fixing, it is the unwritten rule, say insiders and lawyers, that middle managers sometimes take the fall for superiors and get rewarded for not airing the company's dirty laundry in public court. This is one such story....
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Supplier upheaval fueled price fixing

6:00 pm U.S. ET | Nov. 16, 2014
To hear auto industry insiders in Japan, the country's problems with bid rigging began to spiral in the early 2000s. Or, more specifically, with the arrival of Carlos Ghosn, the cost-cutting CEO who parachuted into a nearly bankrupt Nissan Motor Co. and blew up the carmaker's ossified supplier network....
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SLICING THE PIE

At 'bid meetings,' suppliers aimed to maintain one another's market share

6:00 pm U.S. ET | Nov. 16, 2014
When Japanese auto suppliers schemed to fix prices, it was as much about protecting market share as pumping up profits, an industry insider said. In textbook Japanese fashion, in which consensus rule trumped individual agendas, rival companies agreed to protect the status quo, lest someone was pushed out altogether....
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China's Qoros will add compact SUV to growing lineup

Nov. 16, 2014 06:01 CET
Qoros will unveil a compact SUV at the Guangzhou auto show. The Qoros 3 City SUV will give the Chinese brand a model aimed at Europe's fourth-largest segment as it prepares for a regionwide rollout in 2016....
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VW boosts dual-clutch output in China

Nov. 15, 2014 06:01 CET
VW has boosted production of its dual-clutch transmission at a second plant in China. The plant, in the northern city of Tianjin, will build up to 450,000 units of VW's so-called DSG gearbox annually, with output rising to 1.2 million units by 2016, VW said....
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Subaru to hit North America sales target ahead of plan

4:49 am U.S. ET | Nov. 13, 2014
The parent of Subaru said it will reach its mid-term sales target in North America at least three years ahead of plan, helped by demand for the Forester crossover and Legacy sedan....
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Car2Go poised to top 1-million users

Nov. 13, 2014 10:19 CET
Daimler's Car2Go car-sharing unit will have more than 1 million registered users by the end of the year, a company executive said, up from 900,000 now. The company aims to double penetration to 50 cities by 2016 with an emphasis on China....
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Faurecia aims to nearly double sales in China by 2018

Nov. 12, 2014 11:07 CET
Faurecia is targeting sales of more than 4 billion euros ($4.97 billion) in China by 2018, up from the 2.3 billion euro estimated for this year. The supplier says it will invest 400 million euros in the country over the next five years....
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Takata's chairman a no-show as airbag crisis endangers dynasty

11:06 am U.S. ET | Nov. 11, 2014
Takata Chairman Shigehisa Takada’s failure to come forward and address an airbag crisis ensnaring the world’s biggest automakers risks shaking investor confidence in the 81-year-old manufacturer’s prospects....
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VW's talks to raise stake in its Chinese joint venture stall

Nov. 11, 2014 16:16 CET
Volkswagen's bid to increase its stake in a lucrative joint venture with Chinese partner FAW has stalled just as the German automaker is stepping up expansion in its biggest market, company sources said....
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Hyundai Motor, Kia to spend $616 million to buy back shares

7:14 am U.S. ET | Nov. 11, 2014
Hyundai Motor and Kia Motors will buy back a combined 670 billion won ($616 million) of stock after their purchase of a Seoul property for three times the assessed price spurred a sell-off....
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Chinese car import deal draws U.S. litigation

2:39 pm U.S. ET | Nov. 10, 2014
Julie Brown, the embattled former CEO of Plastech Engineered Products, is back in court six years after her company was liquidated under bankruptcy. Brown's new venture, Plastech Holding, is taking action against a company it says interfered with its relationship with a Chinese carmaker....
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Volvo begins XC60 production in China

Nov. 10, 2014 11:03 CET
Volvo has begun local production of the XC60 SUV at its plant in Chengdu, China. The carmaker recently announced plans to begin car exports from China to the U.S. starting next year....
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Want to test drive the Lexus RC? Anyone?

12:01 am U.S. ET | Nov. 10, 2014
Well, this is embarrassing. For Toyota, as well as Japan's so-called automotive press corps. Toyota notified journalists this month that a long-scheduled new-car test-drive event was scrubbed -- for lack of interest....
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Stop the Datsun Go, safety group requests

12:01 am U.S. ET | Nov. 10, 2014
Nissan's budget-priced Datsun Go hatchback has sold poorly since it debuted with much fanfare in India last March, and a devastating new assessment of the car's crash safety surely won't help....
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Lincoln opens its first 3 dealerships in China

12:01 am U.S. ET | Nov. 10, 2014
After three years of studying China's consumers and luxury buyers, Lincoln last week opened its first three dealerships in the country and rolled out a new customer service initiative....
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Global suppliers see growth with Chinese brands

12:01 am U.S. ET | Nov. 10, 2014
International suppliers predict their next sales boom in China will come as the country's struggling domestic brands race to add advanced technologies and shore up sliding market share....
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MASAMICHI KOGAI, CEO, MAZDA MOTOR CORP.

Mazda chief: Profit trumps volume, market share

12:01 am U.S. ET | Nov. 10, 2014
In June, Masamichi Kogai marked his first anniversary as Mazda Motor Corp. CEO by reaching the company's 2016 operating-profit target two years ahead of schedule. But tougher competition is forcing him to scale back earlier, bullish sales goals. Kogai spoke with Asia Editor Hans Greimel....
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Lincoln opens in China with 3 stores

4:03 pm U.S. ET | Nov. 6, 2014
Lincoln opened the doors to its first three stores in China today, launching what it is billing as a new customer service initiative -- “The Lincoln Way.”...
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HANS GREIMEL

Lexus RC media test drive canceled in Japan -- for lack of interest

12:08 pm U.S. ET | Nov. 6, 2014
Well, this is embarrassing. For Toyota as well as Japan's so-called automotive press corps. Toyota notified journalists last week that a long-scheduled new-car test-drive event was scrubbed -- for lack of interest....
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Fiat's Turkish JV will invest $1 billion to build Bravo successor

Nov. 6, 2014 11:22 CET
Fiat's Turkish joint venture, Tofas, will invest $1 billion to produce a family of compact cars to replace the Bravo in Europe. The family will include a hatchback, sedan and station wagon....
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Daimler opens China r&d center to help Mercedes close gap with Audi, BMW

Nov. 3, 2014 14:55 CET
Daimler has opened an r&d center in Beijing tasked with further tuning its Mercedes brand to wealthy Chinese tastes and closing the sales gap with Audi and BMW....
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How 3 dealerships are connecting with tech-savvy shoppers

How 3 dealerships are connecting with tech-savvy shoppers

Three dealers have found ways to forge bonds with car shoppers who are short on time and long on Web smarts. A Honda store has mobilized a young sales team hired from Starbucks and Best Buy. Mon., November 17
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