Exports and ImportsHANS GREIMEL Economic revival boosts foreign car sales in Japan 12:01 am U.S. ET | June 17, 2013 For months, U.S. and European automakers have fretted about the potential boost to Japanese brands' sales in their markets from the tumbling yen, which makes Japanese exports more profitable and increases their allure in overseas markets. But here's the flip side those automakers don't complain about: Import sales in Japan are soaring.... Read More »
HANS GREIMEL Resurgent economy bolsters foreign car sales in Japan 10:36 am U.S. ET | June 7, 2013 For months, American and European automakers have been fretting about the impact of the tumbling yen on local sales. But here's the flip side they don't complain about: Import sales in Japan are soaring.... Read More »
EU trade deal would lift U.S. exports to EuropeMay 24, 2013 06:01 CET U.S. auto exports to Europe could quadruple within 15 years if regulators get rid of tariffs and adopt standard vehicle-safety rules, automaker associations say.... Read More »
Industry: EU trade deal would lift exports 12:01 am U.S. ET | May 20, 2013 U.S. auto exports to Europe could quadruple within 15 years if regulators get rid of tariffs and adopt standard vehicle-safety rules, automaker associations say.... Read More »
LINDSAY CHAPPELL The past is no indication of Japanese trade barriers 7:21 pm U.S. ET | April 12, 2013 The free-trade proposal that’s on the table between Japan and the United States and other countries has been a flash point because Japan’s critics have grave doubts that the Japanese government will allow American cars to sell there unencumbered.... Read More »
As imports gain, South Korea steps in 12:01 am U.S. ET | April 8, 2013 A price-fixing probe in South Korea pours cold water on imports, just as new free-trade agreements with Europe and the United States began to open the car market in a country once known as the Hermit Kingdom.... Read More »
Mulally says he’s concerned about effect of weaker yen 10:59 am U.S. ET | March 26, 2013 Ford CEO Alan Mulally said he’s concerned that the depreciation of the yen is bolstering the competitiveness of Japanese carmakers.... Read More »
HANS GREIMEL Japan may crack open market to join U.S. free-trade agreement 10:22 am U.S. ET | March 6, 2013 Is Japan poised to open its market to more imports? Japan's automakers are desperate for their country to enter a free-trade deal with the United States. But U.S. automakers oppose Japan's entry, saying Japan's market is closed.... Read More »
Auto execs to speak on U.S. manufacturing in House hearing 2:59 pm U.S. ET | Feb. 28, 2013 Top executives from Ford, Honda, and Toyota are scheduled to testify next week at a Capitol Hill hearing on the outlook for U.S. auto manufacturing.... Read More »
U.S. automakers urge Obama to punish Japan for weak yen 11:09 am U.S. ET | Jan. 17, 2013 President Barack Obama should tell Japan's new government that the United States will retaliate for policies aimed at weakening the yen, a group representing Ford, GM and Chrysler said today.... Read More »
Mexico auto production stalls in December while annual output hits record 1:19 pm U.S. ET | Jan. 10, 2013 Mexico's auto production was little changed in December as exports fell 9.7 percent on fewer shipments to other Latin American countries and the United States, an industry trade group said. Mexico's annual production climbed 13 percent to a record 2.88 million vehicles in 2012.... Read More »
Free trade pacts prompt Koreans to eye imports over Hyundai, Kia 12:01 am U.S. ET | Dec. 22, 2012 Two trade deals and a shift in Korean consumer sentiment have cut domestic sales of Hyundai, Kia and the country's three other automakers by 5.2 percent this year, according to the Korea Automobile Manufacturers Association.... Read More »
Subaru parent will delay decision on U.S. expansion 11:31 am U.S. ET | Dec. 12, 2012 The head of Subaru's parent company said the company delayed making a decision on its U.S. capacity expansion as slumping demand in China and Europe gave it more room to ship vehicles to America. Fuji Heavy Industries will decide on the matter by the end of the fiscal year ending March, instead of the previous plan to do so by the end of December, Fuji President Yasuyuki Yoshinaga said today.... Read More »
Honda to become 'net exporter' of vehicles from North America 4:04 pm U.S. ET | Dec. 5, 2012 Honda, Japan's first automaker to build cars in the United States, said it expects to export more cars and light trucks from North America than it imports to the region within two years.... Read More »
New yen headache hits Honda Accord in U.S. 12:01 am U.S. ET | Dec. 3, 2012 Virtually all Honda Accords sold in North America are built locally -- a nifty hedge against currency fluctuations. Yet the strong Japanese yen threatens to undercut U.S. sales of the Accord in another way.... Read More »
Toyota plans to export U.S.-made Venzas to South Korea 11:51 am U.S. ET | Nov. 14, 2012 Toyota plans to export its Kentucky-built Venza crossover to South Korea, the first time the vehicle will be sold outside North America. Venza exports are forecast to be about 600 units annually, said Bob Carter, Toyota senior vice president of automotive operations.... Read More »
Fiat will build two small SUVs at Italian plant, report saysOct. 19, 2012 12:44 CET Fiat Group has shelved the idea of closing its Mirafiori car plant in Turin and is considering producing two new SUVs at its factory in Melfi in southern Italy, an Italian daily newspaper said.... Read More »
HANS GREIMEL Japan a closed market? Don’t tell VW 2:29 pm U.S. ET | Sept. 20, 2012 For all the complaints about Japan’s market being closed to imports, it doesn’t seem to bother Volkswagen. The German juggernaut, aiming to be the world’s biggest carmaker by 2018, wants to double its Japan sales by then.... Read More »
NEWS ANALYSIS As Japan ends sales subsidies, exports to U.S. could surge 12:01 am U.S. ET | Sept. 10, 2012 An imminent slowdown in Japanese domestic auto sales is expected to trigger a surge in exports to the United States. It also might speed investment in overseas plants, particularly for hybrid vehicles.... Read More »
Nissan cars head home as yen erodes century of made-in-Japan 12:01 am U.S. ET | Sept. 1, 2012 Japan Inc. has a new export market: Japan. For the first time, companies such as Nissan Motor are building products abroad to ship home as a stronger yen, aging workforce and improved skills overseas erode a century-old mantra that what’s sold in Japan should be made there.... Read More »
HANS GREIMEL Are French sour grapes spoiling auto free trade? 12:01 am U.S. ET | Aug. 28, 2012 So much for the much-hyped South Korea free-trade agreements. Separate deals with the European Union and United States were brokered only after much wrangling to ensure that automakers from those regions would get fair access to Korea. But less than four months after the EU pact took effect, France is crying foul.... Read More »
HANS GREIMEL Are French sour grapes spoiling auto free trade? 12:01 am U.S. ET | Aug. 28, 2012 So much for the much-ballyhooed South Korea free-trade agreements. Separate deals with the European Union and United States were brokered only after much wrangling to ensure that automakers from those regions would get fair access to Korea. But less than four months after the EU pact took effect, France is crying foul.... Read More »
HANS GREIMEL Japan bashing rears its head in…China 10:31 am U.S. ET | Aug. 22, 2012 Video images of angry mobs tipping over Japanese cars and bludgeoning them with metal pipes. It sounds like a throwback to the Japan bashing days of the 1980s in the United States. But this time, the Japan bashing is happening in China.... Read More »
2012 MANAGEMENT BRIEFING SEMINARS Canadian official chides auto execs on stalled bridge 2:51 pm U.S. ET | Aug. 8, 2012 The Canadian government is expressing increasing frustration with politics on the American side of the Detroit River that are stalling plans to build a new bridge for auto trade between Canada and the United States.... Read More »
HANS GREIMEL If Brazil balks, it could spoil the Mexican auto fiesta 12:01 am U.S. ET | Aug. 6, 2012 Brazil's free-trade phobia threatens to derail one of the biggest manufacturing trends these days: the deluge of automakers setting up in Mexico to build cars not only for the United States but also for booming Latin America Hans Greimel is Asia editor for Automotive News.... Read More »
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