Asia

Report: Renault Readies New Nissan Merge Plan

April 26, 2019 at 12:55 PM

Renault SA is preparing a proposal that would merge the company with Nissan Motor Co. through a holding company, sources tell The Nikkei.

Nikon to Produce Lidar for Velodyne

April 26, 2019 at 8:27 AM

Camera giant Nikon Corp., which invested $25 million in Velodyne Lidar Inc. last year, will produce lidar systems for the California-based company through its Sendai Nikon subsidiary in Japan.

Study: Fuel Price is Main Driver of India Car Sales

April 25, 2019 at 3:10 PM

Fuel prices are the biggest factor in determining sales of new cars and commercial trucks in India, according to the country’s central bank.

VW and China Partner Building $751 Million EV Factory

April 25, 2019 at 11:58 AM

The electric car factory in Hefei, China, being launched by Volkswagen AG and joint venture partner Anhui Jianghuai Automobile Co. will have capacity to make 100,000 EVs per year.

UPDATE: Ghosn Granted Bail, Again

April 25, 2019 at 1:01 AM

A court in Tokyo has again granted bail to former Nissan Motor Co. Chairman Carlos Ghosn, who could be released today.

New Toyota/Subaru Sports Coupes May Get Toyota Platform

April 24, 2019 at 12:34 PM

Toyota Motor Corp. and Subaru Inc. may move from the current Subaru chassis to a Toyota architecture for second-generation versions of their co-developed sports coupes.

Nissan Issues Another Profit Warning

April 24, 2019 at 11:54 AM

Nissan Motor Co. now expects its operating profit for the fiscal year ended March 31 plunged 29% to 318 billion yen ($2.8 billon), its worst result in nearly 10 years.

Hyundai’s Quarterly Profits Jump 24%

April 24, 2019 at 2:09 AM

Hyundai Motor Co.’s net profit in January-March climbed 24% to 829 billion won ($722 million), thanks to an upturn in sales in South Korea and the U.S. that offset weak demand in China.

Japan Adds EV Emissions to Fuel Economy Goals

April 24, 2019 at 1:38 AM

Japan plans new emission standards this summer that recognize electric cars don’t directly emit pollutants, but the power plants that charge their batteries do.

Hyundai Taps Loasby to Head Global Design

April 24, 2019 at 12:21 AM

Hyundai Motor Co. has promoted Simon Loasby, its head of design in China, to director of its corporate design center in Seoul, South Korea.

Hyundai Readies “N” Variants of New Venue Crossover

April 23, 2019 at 3:08 PM

Hyundai Motor Co. is developing up-level versions of its all-new Venue small crossover vehicle.

Cadillac to Expand Dealer Network by Two-Thirds in China

April 23, 2019 at 2:30 PM

General Motors Co.’s Cadillac brand says it aims to increase its dealer outlets in China by 66% to 500 locations.