Asia

Mazda EV Will Get Get Tokyo Reveal

September 16, 2019 at 3:00 PM

Mazda Motor Corp. will take the wraps off its first electric vehicle at next month’s Tokyo auto show.

Ex-Mitsubishi Strategist to Join PSA?

September 13, 2019 at 4:51 PM

Vincent Cobee, who left Mitsubishi Motors Corp. in April, is joining PSA Group, according to Reuters.

Three Candidates in Quest for New Nissan CEO?

September 12, 2019 at 9:49 AM

Three prospects currently lead the list of candidates to take over as CEO of Nissan Motor Co., multiple sources tell Reuters.

Denso, BlackBerry Launch Integrated HMI

September 11, 2019 at 12:42 PM

Denso Corp. and BlackBerry Ltd. are launching an integrated digital cockpit system that allows multiple human machine interface (HMI) devices to share a single microcontroller.

China’s Great Wall Ponders Production in Europe

September 11, 2019 at 8:07 AM

China’s Great Wall Motor Co. Ltd. hopes to begin selling its premium Wey-brand crossover vehicles, including electric variants, in Europe two years from now.

China’s Car Sales Slump Could Last 3 Years

September 11, 2019 at 7:00 AM

Wholesales of new cars in China, which have fallen below year-earlier levels for the past 14 months, may not revive significantly until 2022, warns the China Assn. of Automobile Manufacturers.

Geely Invests in Second Flying Car Company

September 10, 2019 at 6:05 PM

Zhejiang Geely Holding Group, which acquired flying car developer Terrafugia Inc. two years ago, has invested in German startup Volocopter GmbH.

Retail Car Sales in China Drop 10%

September 10, 2019 at 12:44 AM

Retail sales of new cars in China fell 10% to 1.59 million units in August, according to the China Passenger Car Assn., which represents dealers.

Hyosung to Invest $840 Million in Carbon Fiber Unit

September 09, 2019 at 9:50 AM

South Korea’s Hyosung Corp. plans to invest 1 trillion won ($840 million) in its carbon fiber business by 2028.

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.