Asia

Infiniti readying new platform for electrified cars
April 23Nissan's Infiniti luxury brand will introduce an all-new platform for its entire range when it shifts to exclusively electrified powertrains in 2021.

GM Korea, union reach tentative wage deal to avert bankruptcy
April 23GM's South Korean unit said that it has reached a tentative wage deal with its labor union, meeting a key condition laid down by the automaker to prevent it filing for bankruptcy.
Activist investor turns up heat on Hyundai
April 23Activist hedge fund Elliott Management dismissed Hyundai Motor Group's restructuring plan as insufficient on Monday and called on the South Korean conglomerate to adopt a holding company strategy and appoint more independent board members.

China's Alibaba snags AI deal with Daimler, Audi, Volvo
April 22Chinese online retailing giant Alibaba is partnering with global auto brands for the first time to supply artificial intelligence technology for home-to-vehicle connectivity in China.

Don't bet on widespread breakups of JVs in China
April 23A complete separation will be hard for some global brands that manufacture in China, and it may not be desirable for major global automakers such as General Motors.
Infiniti plots more local production in China
April 23Infiniti wants to triple its sales in China in five years by ramping up local production of five new nameplates.
Nissan to launch 8 electrified vehicles in Japan by 2022
April 20Nissan aims to stoke sales in Japan by launching eight electrified vehicles and overhauling its dealer network over the next five years.

GM Korea, union fail to reach wage deal
April 20GM's South Korean unit and its labor union failed to reach a wage deal after another round of talks that sought to avert a bankruptcy filing for the unprofitable operation. Talks will continue over the weekend.

As GM mulls options, how does bankruptcy work in S.Korea?
April 19GM's Korean unit has warned that it would file for bankruptcy if there isn't a restructuring deal by Friday, as the operation is running out of cash to pay employees and suppliers amid slumping sales. A look at how South Korea's court-managed bankruptcy protection procedures work.

GM Korea, union fall short of deal before deadline
April 19Wage talks between GM's South Korean unit and its labor union ended without an agreement on Thursday, a day before the deadline the company has set for filing for bankruptcy.

Infiniti sets ambitious plan to hike China output
April 19Nissan's Infiniti luxury brand, looking to duck steep tariffs, aims to triple sales in the world's biggest auto market in five years by ramping up production of five new nameplates in China.

For GM, VW and their Chinese partners, breaking up may be hard
April 17Some marriages are just too hard to break up. The many joint ventures between multinational automakers and their Chinese betrothed might be just that.