Asia

Buick's Envision

12:01 am U.S. ET | July 28, 2014
Buick last week previewed the Envision crossover, center, a vehicle developed specifically for China, though sources say a U.S. version will be ready in the second half of 2015 as a '16 model....
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Audi cuts spare-part prices in China amid anti-monopoly probe

9:58 am U.S. ET | July 27, 2014
Volkswagen AG's luxury Audi brand plans to cut spare-part prices in China as global automakers rush to change their pricing strategies after Chinese anti-monopoly regulators began probing the auto industry....
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Mitsubishi retools flagship Japan plant before hybrid push

12:01 am U.S. ET | July 26, 2014
Mitsubishi is overhauling its flagship assembly plant in Japan to slash production costs and boost capacity as it readies for increased output of plug-in hybrid vehicles. The renovations at Mitsubishi's Okazaki plant in central Japan aim to cut the cost of body assembly 30 percent....
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Jaguar Land Rover cuts prices on 3 models in China in response to government probe

7:40 pm U.S. ET | July 25, 2014
Jaguar Land Rover will cut prices on 3 models by an average of $32,300 starting August 1, after the National Development and Reform Commission, China's state planner, launched an investigation into monopolistic prices in the auto industry, the company said in a statement on Friday....
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Cooper-Standard begins operations at Asia Pacific tech center

2:44 pm U.S. ET | July 24, 2014
Auto supplier Cooper-Standard Automotive Inc. began operations at its Asia Pacific Technical Center today in Shanghai....
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GM Korea could make next-gen Cruze if union calls off strike

7:22 am U.S. ET | July 24, 2014
GM's South Korean subsidiary told its employee union that the automaker could consider making the next-generation Chevrolet Cruze in South Korea if the union calls off a wage-related strike....
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Japan readies fuel cell subsidies in bet on Toyota's next big thing

10:44 am U.S. ET | July 23, 2014
Japan is readying subsidies to help Toyota and key suppliers take the lead in hydrogen-powered fuel cell vehicles that could top $400 million over the next several years if the most bullish projections for the technology play out....
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Rolls-Royce names new China boss

July 22, 2014 06:01 CET
Rolls-Royce has named BMW veteran Leon Li as regional director for its China operations. China demand helped to boost the ultraluxury brand's global vehicle sales to a record 3,630 last year....
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Mercedes seeks to outpace premium rivals in China with more dealers, new models

July 22, 2014 10:35 CET
Mercedes expects to outpace the 17 percent to 18 percent growth in industry sales of premium vehicles in China this year, after merging two competing sales networks and adding new models....
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Germany's Rheinmetall forms new JV with China's Hasco

July 22, 2014 13:16 CET
Rheinmetall will shift a unit making aluminum engine blocks to a joint venture with China's Hasco to help finance growth at its automotive business, the German company said....
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Japan to dangle nearly $20,000 in subsidies to spur fuel-cell sales

9:05 am U.S. ET | July 19, 2014
Japan's government will offer at least $19,700 in subsidies to speed up the introduction of fuel-cell vehicles coming to market from Toyota and Honda....
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Mazda2 output starts; Europe sales begin in 2015

July 18, 2014 11:03 CET
Mazda has given its Mazda2 subcompact the sharp creases and sportier stance of the brand's new Kodo design language....
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JCI profits fall on restructuring charges

8:46 am U.S. ET | July 18, 2014
Johnson Controls' fiscal third-quarter earnings slid 68 percent as restructuring and other charges offset a modest rise in revenue....
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VW goes local in India to lift sales

July 17, 2014 16:52 CET
VW will increase the amount of locally made parts in the cars it sells in India to help lift falling sales. Five years after entering India, VW has captured just 2.1 percent of the market because its cars are seen as relatively expensive....
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BMW will raise China capacity to 400,000 vehicles

July 16, 2014 13:23 CET
BMW said it will raise capacity at its two Chinese plants by a third to 400,000 cars over the next two years and double the range of locally made vehicles to six models....
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Jaguar Land Rover sets H1 sales record

July 16, 2014 11:52 CET
Jaguar Land Rover said its global sales increased 14 percent to 240,372 vehicles in the first six months, its best half year to date, boosted by robust demand in China....
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Toyota delays delivery of 23,000 vehicles covered by neighbor's tar, soot

7:18 am U.S. ET | July 16, 2014
Toyota has to delay delivery of thousands of vehicles, including some 20,000 for export, because it has to clean up a mess left by a neighbor....
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Volkswagen plans $250 million investment in India

July 15, 2014 10:36 CET
Volkswagen plans to invest 15 billion rupees ($250 million) in India over the next five to six years. VW's market share in India fell in the last fiscal year to 2.1 percent from 2.4 percent....
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2015 Tokyo Motor Show to return to October after schedule mishap

11:03 am U.S. ET | July 15, 2014
The Tokyo Motor Show, accidentally booked last year to overlap with shows in Los Angeles and Guangzhou, will return to its traditional late October slot in 2015 in a bid to boost overseas attendance....
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China's sales outlook cut by trade group on slow economy, truck slump

2:04 am U.S. ET | July 14, 2014
China's state-backed auto association forecast that vehicle sales will slow more than it previously projected, as the economy showed little signs of improvement and more cities consider purchase restrictions....
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VW outsells GM in China to remain on track for repeat sales win

July 14, 2014 10:01 CET
VW outsold GM in China in the first half, keeping it on track to extend its reign as the best-selling foreign car company in the world's biggest vehicle market....
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Ford, Toyota models will help boost Turkish car output to record

July 13, 2014 20:01 CET
New models from Ford, Toyota and Hyundai are expected to help boost Turkish automotive production to a record this year as a recovery in European demand drives up exports....
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Top Toyota designer heads to Yamaha

12:14 pm U.S. ET | July 11, 2014
Akihiro “Dezi” Nagaya, a key designer who brought more emboldened, emotional styling to Toyota and Lexus vehicles, has been named design general manager for affiliate Yamaha Motor Co....
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Skoda bets on new models to revive China sales

July 11, 2014 06:01 CET
Skoda is counting on new models and dealership face-lifts to boost China sales more than 10 percent by the end of the year. Skoda was one of only two mass-market foreign brands to see a decline in China deliveries last year....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Ex-Opel CEO Stracke eyes acquisitions to boost Magna Steyr's engineering unit

July 11, 2014 06:01 CET
Karl-Friedrich Stracke, Magna Steyr's head of vehicle technology and engineering, is betting on acquisitions in China. The supplier is watching the M&A market very closely, Stracke said in an interview....
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