Asia

Geely, Volvo to Merge Engine Operations

October 07, 2019 at 8:29 AM

China’s Zhejiang Geely Holding Group and its Volvo Car Corp. unit are merging their engine operations to form a new stand-alone business that will develop and supply conventional engines and hybrid-electric systems to Geely’s brands.

India’s Used-Car Market to Grow 50% by 2023

October 07, 2019 at 1:33 AM

India’s used-car market will expand to 6.6 million vehicles per year by 2023 from 4.4 million in the current fiscal year, predicts online marketplace OLX.

India's Central Bank Cuts Rates, Outlook

October 04, 2019 at 2:52 PM

India’s central bank has dropped its prime lending rate for the fifth time to help spur the country’s economy, now expected to expand by 6.1% rather than 6.9% in the fiscal year ending next March 31.

VW’s Jetta Brand Off to Strong Start in China

October 04, 2019 at 11:33 AM

Volkswagen Group’s new Jetta sub-brand in China reportedly beat VW’s first-month sales target by 30%.

China’s Used-Car Sales Expand 4%

October 03, 2019 at 6:13 PM

Sales of used passenger cars in China rose 4% year on year to 9.27 million units in January-August.

Antitrust Panel Questions Hyundai-Ola Deal

October 03, 2019 at 3:18 PM

India’s antitrust commission has challenged Hyundai Group’s 6-month-old plan to invest $300 million in Ola Cabs, the country’s largest ride-hailing service.

Nissan Touts New Robotics Tech for Old Parts

October 03, 2019 at 2:43 PM

Nissan Motor Co. says it has developed a cost-efficient way to produce replacement parts for discontinued vehicles.

Mitsubishi Concept Previews AWD Series-Hybrid Tech

October 03, 2019 at 12:43 PM

Mitsubishi Motors Corp.’s new Mi-Tech concept crossover features a plug-in hybrid system that teams four electric motors with a small gasoline-fueled turbine generator.

Renault’s Chairman Interviews Nissan CEO Candidates

October 02, 2019 at 4:23 PM

Three finalist candidates to become CEO at Nissan Motor Co. reportedly have been personally interviewed by Renault SA Chairman Jean-Dominique Senard.

Canadian Fuel Cell Company Forms China JV

October 02, 2019 at 12:18 PM

Canada’s Loop Energy has formed a joint venture with China’s In-Power to develop fuel cell range extenders for trucks and buses in China.

Suzuki Readies Hybrid, Autonomous Concepts

October 02, 2019 at 11:32 AM

Suzuki Motor Corp. will publicly unveil a pair of retro-styled concept vehicles later this month at the Tokyo auto show.

Korea’s Auto Sector Skids toward Unsustainability

October 02, 2019 at 2:31 AM

South Korea’s annual vehicle production could slip below 4 million units this year, a minimum volume deemed necessary to sustain the industry’s supply base.