Asia

Nissan CEO Saikawa to Step Down Next Week

September 09, 2019 at 9:18 AM

Nissan Motor Co. says CEO Hiroto Saikawa will resign on Sept. 16 and be replaced temporarily by Chief Operating Office Yasuhiro Yamauchi.

New-Car Wholesales Plummet 41% in India

September 09, 2019 at 5:23 AM

Factory shipments of new cars in India plunged 41% to a “very dismal” 115,000 units in August, according to final figures from the Society of Indian Automobile Manufacturers.

China’s Export Volume Shrinks

September 09, 2019 at 12:28 AM

China says its export volume fell 1% in August, led by a 16% drop in shipments to the U.S.

No Quick Rebound Likely for Car Sales in India

September 09, 2019 at 12:16 AM

India’s passenger car market, which shrank more than 12% to 5.3 million wholesales through July, isn’t likely to recover until about 2025.

Head of Nissan’s Ghosn Inquiry Quits Suddenly

September 09, 2019 at 12:03 AM

Christina Murray, who for five months led Nissan Motor Co.’s internal investigation of alleged financial wrongdoing by former Chairman Carlos Ghosn, has resigned unexpectedly, sources tell Automotive News.

Workers Set to Strike GM Korea Next Week

September 06, 2019 at 4:36 PM

Unionized workers at General Motors Co.’s South Korean unit say they will strike the company’s facilities there from Monday through Wednesday.

Thailand Moves to Legalize Ride-Hailing Services

September 06, 2019 at 3:56 PM

Regulators in Thailand have drafted guidelines to legalize ride-hailing services in the country by March.

Ghosn’s First Trial May Start in March-April

September 06, 2019 at 3:16 PM

Carlos Ghosn’s first trial on charges of financial wrongdoing at Nissan Motor Co. will probably start in March or April, sources tell The Nikkei.

PSA, Dongfeng Finalize Plan to Restructure JV

September 05, 2019 at 5:32 PM

PSA Group says it is launching a restructuring plan for its 27-year-old carmaking venture with Dongfeng Motor Group in Wuhan, China, to cut costs and boost sales.

Toyota Flexes New Small Car Platform

September 05, 2019 at 4:30 PM

Toyota Motor Corp. says its new GA-B small car platform will accommodate a wider variety of vehicles than the carmaker’s current B-car architecture.

Bosch Partners with CATL on Battery Cells

September 05, 2019 at 1:32 PM

Robert Bosch GmbH is partnering with China’s CATL (Contemporary Amperex Technology Co.) to develop next-generation 48-volt batteries.

Nissan Probe Turns Up Exec Overpayments

September 05, 2019 at 2:12 AM

Nissan Motor Co. overpaid several of its senior executives by hundreds of thousands of dollars in a compensation plan indexed to the company’s share price, sources tell the Financial Times.