Asia

Tata to Cease Nano Production in 2020

January 25, 2019 at 8:00 AM

Tata Motors Ltd. will stop producing the Nano, touted as the world’s cheapest car when it debuted in India in 2008, next year.

Hyundai to Launch Sales JV in Vietnam

January 25, 2019 at 12:40 AM

Hyundai Motor Co. and Vietnam’s Thanh Cong Group have agreed to set up a joint sales venture that target’s Vietnam’s booming car market.

Nissan Calls Shareholder Meeting to Remove Ghosn, Kelly

January 25, 2019 at 12:22 AM

Nissan Motor Co. plans an extraordinary shareholder meeting in mid-April to formally discharge board members Carlos Ghosn and Greg Kelly.

Hyundai Airbag Targets Secondary Impacts

January 25, 2019 at 12:00 AM

Hyundai Motor Co. has developed an airbag system that deploys after a more serious secondary collision if the initial crash isn’t severe enough to trigger deployment.

Nissan CEO Signals He Will Step Down

January 24, 2019 at 1:58 PM

Nissan CEO Hiroto Saikawa says he intends to relinquish his job after the company reforms governance problems revealed by the arrest of ex-Chairman Carlos Ghosn on charges of financial wrongdoing.

Hyundai Post First Quarterly Loss in 7 Years

January 24, 2019 at 1:42 AM

Hyundai Motor Co. and its Kia Motors affiliate posted an unexpected fourth-quarter net loss of 203 billion won ($180 million), its first in at least seven years.

Faulty Part Idles Subaru’s Sole Plant in Japan

January 23, 2019 at 12:06 AM

Defective power steering components have idled Subaru Corp.’s home plant in Japan, disrupting roughly 60% of the company’s global capacity.

Renault Hires a New Distributor in Indonesia

January 22, 2019 at 4:02 PM

Renault SA plans to expand its model lineup in Indonesia and has hired a new distributor to ignite consumer interest in them.

Geely Reveals Volvo-Based Crossover

January 22, 2019 at 11:58 AM

China’s Zhejiang Geely Holding Group Co. has released exterior images of its upcoming FY11 SUV/crossover after photos of the vehicle were leaked on the internet.      

Karma Readies Updated Revero for Global Markets

January 22, 2019 at 11:03 AM

California-based Karma Automotive LLC is updating its Revero plug-in hybrid sedan and plans to expand sales to European and Asian markets later this year.

Lishen to Supply EV Batteries for Tesla’s Plant in China

January 22, 2019 at 12:19 AM

China’s Tianjin Lishen Battery Co. has signed a preliminary deal to supply batteries for electric cars made in the $2 billion factory Tesla Inc. is building in Shanghai, Reuters reports.

Japanese Court Rejects Ghosn’s Latest Plea for Bail

January 22, 2019 at 12:00 AM

A court in Tokyo has again rejected Carlos Ghosn’s bail request, making it less likely that the former Nissan Motor Co.