Asia

Kia Concepts Preview New SUVs

March 29, 2019 at 12:04 PM

Kia Motors Corp. took the wraps off two SUV/crossover vehicles—the Mohave Masterpiece and SP Signature—at this week’s Seoul auto show.

GM Korea Finds a Buyer for Shuttered Plant

March 29, 2019 at 2:17 AM

General Motors Co. is selling an auto assembly plant it closed in Gunsan, South Korea, last year to MS Autotech Co. Ltd, a local auto parts supplier.

Daimler, Geely Confirm Venture to Relaunch Smart Brand

March 28, 2019 at 10:17 AM

Daimler and Zhejiang Geely Holding Group confirm they have formed a 50:50 joint venture to develop and operate Daimler’s Smart brand globally as an all-electric carmaker.

Honda, Hino Join Toyota-Softbank Mobility Venture

March 28, 2019 at 1:08 AM

Honda and Hino Motors are joining the venture being launched next month by Toyota and Softbank Group to develop services that involve self-driving vehicles.

Outside Panel Says Ghosn Had Too Much Power at Nissan

March 28, 2019 at 12:15 AM

An independent group asked to assess Nissan Motor Co.’s management and governance says too much power was concentrated in the hands of former Chairman Carlos Ghosn.

China’s UCAR Buys Majority Stake in Germany’s Borgward

March 27, 2019 at 4:50 PM

China-based ride-hailing service UCAR Inc. is acquiring control of German SUV maker Borgward Group AG, for $610 million.

Hyundai Names Compact Crossover “Venue”

March 27, 2019 at 10:39 AM

Hyundai Motor Co. says its upcoming compact crossover vehicle will be called the “Venue.”

Japan Makes Coding Mandatory in Elementary School

March 27, 2019 at 1:01 AM

Japan says it will make basic computer programming a required subject in its elementary schools, beginning in April 2020.

VW Debuts First Three China Models Under Jetta Sub-Brand

March 27, 2019 at 12:22 AM

Volkswagen AG has introduced the first three models it will begin selling in China this year under its new Jetta sub-brand: a sedan and two crossover vehicles.

Report: Daimler to Sell 50% of Smart to Geely

March 26, 2019 at 3:54 PM

Daimler AG plans to sell a 50% stake in its Smart minicar unit to Zhejiang Geely Holding Group Co., sources tell the Financial Times.

Israeli Lidar Firm Lands $130 Million in Funding

March 26, 2019 at 9:31 AM

Israel’s Innoviz Technologies Inc. has secured $132 million in its Series C funding round.

China’s Carmakers Call for Connectivity Standards

March 25, 2019 at 3:17 PM

Several of China’s largest carmakers are calling for the country to set unified rules for the “internet of vehicles” that will enable cars to communicate with each other and their environment.