Asia

India Stalls on Plan to Ban Piston Engines

August 22, 2019 at 1:40 AM

India, which formulated a plan two years ago to ban the sale of piston-powered vehicles by 2030, confirms it has not yet made the deadline official.

China Could Test Ban on Gasoline-Fueled Vehicles

August 22, 2019 at 12:53 AM

China’s central government says it may test bans on gasoline-powered cars and trucks in certain areas to help improve air quality.

Hyundai Touts Improved Hybrid Transmission Tech

August 21, 2019 at 4:09 PM

Hyundai Motor Co. says it has developed new transmission control software that will enable faster and smoother shifts in hybrid-electric vehicles.

Geely’s Net Profit Plunges 40%

August 21, 2019 at 12:36 PM

China’s Geely Automobile Holding Co. says its net profit in the first half of 2019 skidded 40%, as unit sales and revenue suffered double-digit declines.

Mahindra Opens Assembly Plant in Sri Lanka

August 21, 2019 at 1:04 AM

Sri Lanka is celebrating its first auto assembly plant, a facility launched by neighboring India’s Mahindra & Mahindra Ltd. to make KUV100 mini-crossover vehicles from kits.

Report: China’s Ride-Hailing Market to Rebound

August 20, 2019 at 6:30 PM

China’s market for ride-hailing services, whose growth has slowed to less than 5% this year from 25% in 2018, will rebound to at least 10% in 2021, predicts Bain & Co.

Segway Readies Remote-Controlled Scooter Tech

August 20, 2019 at 4:32 PM

Segway-Ninebot Group says it has developed an electric scooter that can be guided to a central charging station via a remote operator.

Mahindra Sheds 1,500 Employees as Sales Sag

August 20, 2019 at 12:46 AM

Mahindra & Mahindra Ltd. says it has eliminated 1,500 contract jobs in India since April and warns more layoffs are possible next month if sales continue to slide.

EV Maker Nio Cuts 1,000 Jobs as Sales Slide

August 19, 2019 at 2:04 PM

Shanghai-based Nio Ltd. has eliminated 10% of its workforce, shedding 1,000 jobs as demand for its electric vehicles falls.

Retail Car Sales in India Drop 11%

August 19, 2019 at 1:06 PM

Retail deliveries of passenger cars in India slid 11% to 243,200 units in July, the Federation of Automobile Dealers Assns. reports.

Japan, U.S. Aim This Week for Quick Trade Pact

August 19, 2019 at 2:42 AM

Top U.S. and Japanese trade negotiators will meet for two days in Washington, D.C., this weeks in hopes of cinching a deal between the two countries by September.

Tata Braces For Sharp Sales Drop in India

August 19, 2019 at 2:03 AM

India’s Tata Motors Ltd. has warned suppliers that its domestic passenger and commercial vehicle operations each may see sales drop by double digits through next spring.