Asia

VW’s China Ventures Plan €15 Billion Investment in Tech

April 24, 2018 at 10:52 AM

Volkswagen AG says its two joint ventures in China will spend a combined €15 billion ($18.3 billion) over the next five years on advanced technologies.

Future Infiniti EVs to Take Inspiration from Concept Car

April 24, 2018 at 10:42 AM

Nissan Motor Co.’s Infiniti arm plans to launch a platform for electrified vehicles based on the stylish Q Inspiration concept car it unveiled in January at the Detroit auto show.

Visteon to Supply Integrated Cockpit ECU to Geely

April 24, 2018 at 9:54 AM

Visteon Corp. will supply its integrated cockpit domain controller to China’s Geely Auto Group for the carmaker’s new electric vehicle platform.

Initial Bailout Funding Deal for GM Korea Likely This Week

April 24, 2018 at 12:51 AM

General Motors Co. expects before the end of this week to sign a deal with Korea Development Bank to provide GM Korea with a KDB bailout loan worth 500 billion won ($465 million).

U.S. Activist Unveils Plan to Reform Hyundai’s Structure

April 23, 2018 at 2:00 PM

Hyundai Motor Group could unlock at least 50% more value by ending the circular ownership among its Hyundai Motor, Kia Motors and Hyundai Mobis units.

Skoda Reveals China-Market Kamiq SUV

April 23, 2018 at 1:18 PM

Volkswagen AG’s Skoda unit took the wraps off its upcoming Kamiq crossover/SUV on Monday ahead of the vehicle’s public unveiling later this week at the Beijing auto show.

GM Korea Averts Bankruptcy with Tentative Labor Deal

April 23, 2018 at 11:22 AM

General Motors Co.’s South Korean unit reached a provisional deal with its unionized workers over the weekend, thus averting a bankruptcy filing today.

Honda Shows Hot Hatch in Indonesia

April 23, 2018 at 11:21 AM

Honda Motor Co. says its new Small RS concept car reflects the company’s vision of a future small sports car.

Alibaba Inks Digital Assistant Deals with Audi, Daimler, Volvo

April 23, 2018 at 10:10 AM

Chinese tech giant Alibaba Group Holding Ltd. says it will supply its personal assistant technology to Audi, Daimler and Volvo operations in China.

BMW Ponders i3 EV Debut in India

April 23, 2018 at 12:00 AM

BMW AG says it may introduce its all-electric i3 city car in India, pending clarity of the the government’s evolving policy on electrification.

UPDATE: No Deal Between GM Korea, Union as Bankruptcy Looms

April 20, 2018 at 1:41 AM

GM Korea failed to reach a tentative agreement with its labor union today to avert a possible bankruptcy filing. But talks reportedly will continue into Monday.

GM Korea Bailout Talks Stall Over Labor Cuts

April 19, 2018 at 6:00 PM

GM Korea and its unionized workers failed to reach agreement on Thursday about concessions, making a bankruptcy filing on Friday more likely.