Asia

Pretrial Hearings Begin for Ghosn Trial in Japan

May 23, 2019 at 2:44 PM

The first pre-trial hearing kicked off in Tokyo earlier today concerning charges of financial wrongdoing by former Nissan Motor Co. Chairman Carlos Ghosn.

Mitsubishi Sizes Up SUV Differences

May 23, 2019 at 10:29 AM

Mitsubishi Motors Corp. plans to better differentiate its SUV/crossover vehicle lineup as it begins to launch next-generation models over the next 18 months, Autocar reports.

Toyota Expects Price Parity on Fuel Cell Cars by 2029

May 22, 2019 at 2:43 PM

Toyota Motor Corp. predicts fuel cell-powered cars will cost no more than hybrids within 10 years.

Trade Tensions Delay GAC’s U.S. Launch Plans

May 22, 2019 at 9:59 AM

China’s Guangzhou Automobile Group Co., which had aimed to begin shipping vehicles to the U.S. next year, is putting those plans on hold.

Daimler, Geely Launch Mobility Services Venture in China

May 21, 2019 at 1:26 PM

Daimler AG and Zhejiang Geely Holding Group have formed a new company to sell mobility services in China.

Brose Plans $335 Million Expansion in China

May 21, 2019 at 11:39 AM

Brose Group says it will spend €300 million in China on products and equipment over the next three years.

Hyundai Targets Sales of 5,000 Fuel Cell Cars This Year

May 21, 2019 at 9:51 AM

Hyundai Motor Co. says it already has surpassed 2018’s full-year sales for its Nexo fuel cell vehicle, and the company predicts a fivefold increase by year-end.

Report: Nissan CEO Won’t Be Charged in Ghosn Pay Scandal

May 20, 2019 at 5:30 PM

Nissan Motor Co. CEO Hiroto Saikawa reportedly won’t be charged by Japanese prosecutors for his role in allowing years of underreported compensation for former Chairman Carlos Ghosn.

Genesis to Drop V-8 Engines

May 20, 2019 at 4:57 PM

Hyundai Motor Co.'s Genesis luxury car unit will discontinue the 5.0-liter V-8 offered in its G80 and G90 luxury sedans.

S&P Downgrades Nissan Outlook to “Negative”

May 20, 2019 at 11:54 AM

S&P Global Ratings has revised its long-term outlook for Nissan Motor Co. to negative after predicting at least two more years of sliding profits for the carmaker.

Toyota Rebukes Trump Over Car Tariff Threat

May 20, 2019 at 1:24 AM

President Donald Trump’s continuing threats to slap 25% tariffs on foreign-made cars prompted a strongly worded rebuke from Toyota Motor Corp. last weekend.

DHL Starts Deliveries Via Drones in China

May 17, 2019 at 4:10 PM

Deutsche Post DHL Group has begun using drones to deliver packages in China.