Asia

Toyota finds airbags are in demand on world's deadliest roads

12:01 am U.S. ET | July 3, 2015

For many years, carmakers have been loath to make airbags standard on models in India, worried that higher costs will hurt sales. But Toyota has found that customers don't mind paying more for safety on the world's deadliest roads....
Read More »

Cuba orders 719 cars from China's BYD for tourist rentals

11:14 am U.S. ET | July 3, 2015

The Cuban government ordered 719 cars from China's BYD Co. which it will rent out to tourists in a deal that is a bright spot for Chinese automakers facing a weak export market....
Read More »

Japanese cement comeback in China as Toyota posts record sales

3:19 am U.S. ET | July 3, 2015

Japanese automakers sold a record number of cars in China in the first six months of the year, cementing a comeback from anti-Japanese protests in 2012....
Read More »

Honda to make English official language by 2020

6:57 am U.S. ET | July 3, 2015

Former Honda Motor Co. CEO Takanobu Ito famously said five years ago that it was “stupid” to make English the official work language of a Japanese company. Now that he’s left the building, however, Japan’s No. 3 carmaker is changing its tune....
Read More »

Saab owner to build EV plant in China

July 3, 2015 11:06 CET

China's National Electric Vehicle Sweden, which owns the assets of bankrupt Swedish automaker Saab, broke ground on a plant in China to produce electric vehicles. The company did not release any details about the EVs and it's not clear whether they will be marketed as Saabs....
Read More »

Toyota prices 'Model AA' shares at top range

9:50 am U.S. ET | July 2, 2015

Toyota set the price for its "Model AA" class shares at the top of its range, as retail investors flocked to the $4 billion issue the world's biggest automaker hopes will secure its longer-term shareholders....
Read More »

Toyota's top female executive, Hamp, steps down after arrest in Japan

4:34 am U.S. ET | July 1, 2015

Toyota said Julie Hamp, its first female managing officer, had resigned following her arrest last month on suspicion of illegally importing the painkiller oxycodone into Japan. Hamp, 55, notified Toyota of her intent to resign, the company said in a statement today....
Read More »

Fiat Chrysler will start Jeep output in India in 2017

July 1, 2015 16:10 CET

Fiat Chrysler will invest $280 million to begin Jeep production in India in 2017 through an expanded joint venture with Tata Motors....
Read More »

Japanese automakers to subsidize hydrogen station operating costs

6:25 am U.S. ET | July 1, 2015

Toyota, Nissan and Honda plan to help cover the cost of operating hydrogen stations in the country to popularize cars powered by fuel cells....
Read More »

Jaguar Land Rover will make China chief its Europe boss, source says

July 1, 2015 10:45 CET

Jaguar Land Rover will move Bob Grace, its China chief, to lead its European unit, a source said. The company's new China chief will have to deal with slowing industrywide demand amid a prolonged government crackdown on graft and conspicuous consumption, which has hit luxury car sales....
Read More »

GM Korea workers approve strike over pay, output

6:57 am U.S. ET | July 1, 2015

GM employees in South Korea voted today in favor of a strike over wages and production volumes, prompted by uncertainty over the automaker's output plans as its labor costs in the country rise....
Read More »

Germany's Getrag getting interest from Magna, Dana, China, report says

3:36 pm U.S. ET | June 30, 2015

Getrag, one of the biggest independent makers of transmissions, has attracted interest from automotive suppliers including Canada's Magna International Inc., people with knowledge of the matter told Bloomberg....
Read More »

Citroen CEO confirms next C5 for China; Europe future unclear

June 30, 2015 06:01 CET

Citroen will replace its C5 midsize model, CEO Linda Jackson told Automotive News Europe, but she would only confirm that the next-generation car would be sold in China. Jackson said there is a “question mark” over whether Citroen would sell the replacement in Europe....
Read More »

Suzuki patriarch appoints son as president and likely successor

5:50 am U.S. ET | June 30, 2015

Osamu Suzuki, the outspoken patriarch of Suzuki Motor, positioned his son Toshihiro as his successor, appointing him president and COO of the family's namesake carmaker. Osamu Suzuki will keep his positions as chairman and CEO....
Read More »

Toyota's new shares are popular in Japan

10:17 am U.S. ET | June 30, 2015

Japanese retail investors are flooding stock brokers with orders for a new class of Toyota shares, indicating the carmaker can fetch a good price for the issue and secure a new group of long-term investors....
Read More »

Spanish supplier Ficosa opens third China plant

June 30, 2015 11:32 CET

Spanish supplier Ficosa has opened its third Chinese plant in the city of Shenyang to supply automakers in the north of the country, including BMW....
Read More »

After 'chicken tax,' a flood of foreign trucks?

12:01 am U.S. ET | June 29, 2015

Two free-trade deals the U.S. is trying to negotiate would roll back the so-called chicken tax. Critics of the tax say it has priced imported trucks out of the market, shielding the Detroit 3's biggest profit machine from robust foreign competition. The tariff also has had other effects, experts say, such as stifling pickup innovation and motivating Japanese automakers to build U.S. factories....
Read More »

How U.S. chickens led to Japanese truck plants

12:01 am U.S. ET | June 29, 2015

The so-called chicken tax has played a significant role in shaping the U.S. auto market....
Read More »

VW to launch low-cost car family for China, possibly elsewhere, in 2018

9:16 am U.S. ET | June 28, 2015

Volkswagen plans to launch a family of low cost budget cars in China and possibly elsewhere starting in 2018, CEO Martin Winterkorn said in a newspaper interview published Sunday....
Read More »

Porsche mulls legal action over Macan copy in China, report says

June 26, 2015 06:01 CET

Porsche may take legal action against Zotye Automobile over the Chinese automaker's T700 SUV that closely resembles the Macan, a report said. The T700 is due to launch next year at a price much lower than the Macan's....
Read More »

McLaren boosts profit threefold on China sales

June 26, 2015 11:51 CET

McLaren said its 2014 pretax profit rose threefold, helped by rising sales in China. McLaren sold 1,649 cars in 2014, but expects to increase annual production to 4,000 by 2017 as it adds new entry-level models to its lineup....
Read More »

Continental begins construction of brake factory in China

June 26, 2015 06:15 CET

Continental began construction of a factory in Chongqing in southwest China to supply brakes to automakers operating in the area....
Read More »

Rolls-Royce's China sales drop on luxury crackdown

June 25, 2015 10:39 CET

Rolls-Royce sales are being hit by a "cool wind blowing in China," said the executive in charge of the ultraluxury brand, as the nation's wealthy pull back from ostentatious purchases amid a government crackdown on conspicuous consumption....
Read More »

Toyota President Toyoda earns $10.3 million, surpassing Nissan's Ghosn

June 24, 2015 11:14 CET

Toyota President Akio Toyoda became the highest-paid auto executive in Japan last year after dividend payouts pushed his total compensation to $10.3 million, passing Nissan CEO Carlos Ghosn....
Read More »

Toyota HQ raided by police over executive's arrest, report says

10:28 am U.S. ET | June 23, 2015

Toyota's headquarters was raided by police over the arrest of the company's new communications chief, Julie Hamp, for the alleged illegal import of painkillers, a Japanese newspaper reported today....
Read More »

 
Newsletters & Alerts
  • Sample
  • Sample
  • Sample
  • Sample
Most Read