Asia

Renault in No Rush to Rebalance Nissan Alliance

October 09, 2019 at 10:52 AM

Renault SA Chairman Jean-Dominique Senard says his priority is to strengthen the company’s alliance with Nissan Motor Co., not to rebalance the equity structure of their partnership.

Ghosn Whistleblower Gets New Job at Nissan

October 09, 2019 at 10:17 AM

Nissan Motor Co. has reassigned Hari Nada, a lawyer and senior vice president who last year called attention to alleged misconduct by then-Chairman Carlos Ghosn.

VW Approved to Merge Units in India

October 09, 2019 at 9:24 AM

Volkswagen AG says it has received regulatory approvals in India to combine its local Skoda, Volkswagen and sales units.

Nissan Names New Leadership Team

October 08, 2019 at 10:15 AM

Nissan Motor Co.’s board has chosen Makoto Uchida, a senior vice president and former head of the company’s China operations, to take over as CEO.

Trump Pledges No New Tariffs on Japanese Cars

October 08, 2019 at 12:40 AM

The limited trade pact signed yesterday by Japan and the U.S. includes President Donald Trump’s verbal assurance that the U.S. will not impose new tariffs on cars from Japan, at least for now.

Hyundai Invests in AI-Based Mapping Startup

October 07, 2019 at 3:41 PM

Hyundai Motor Co. is making an undisclosed investment in Netradyne Inc., a San Diego-based startup that uses cameras with artificial intelligence to help map roads for autonomous driving systems.  

India’s EV Market Going Nowhere

October 07, 2019 at 3:02 PM

Demand for electric cars in India is barely moving and won’t accelerate until prices drop and the country’s network of charging stations expands dramatically, says Bloomberg News.

Great Wall , Autoliv Partner on N. America Safety

October 07, 2019 at 1:20 PM

Autoliv Inc. and Chinese light-truck specialist Great Wall Motor Co. are launching a research center in China to prepare vehicles to meet safety standards in North America.

Report: Nissan May Oust Ghosn Whistleblower

October 07, 2019 at 12:18 PM

Nissan Motor Co. reportedly is poised to force the resignation this week of Hari Nada, a lawyer closely associated with ousted Chairman Carlos Ghosn.

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.