Asia

Report: Nissan Expects 8% Drop in Future Sales in China

March 20, 2019 at 1:20 AM

Nissan Motor Co. now expects its China venture with Dongfeng Motor Corp. will sell 2.39 million vehicles in 2022, down 8% from its estimate late last year, sources tell Bloomberg News.

SAIC Miffed at VW Comment About JV

March 20, 2019 at 12:41 AM

SAIC Motor Corp. has taken offense that Volkswagen CEO Herbert Diess told reporters that VW might raise its 50% stake in the venture launched by the two carmakers 34 years ago.

Maruti Suzuki Trims Output by 8%

March 19, 2019 at 2:49 AM

India’s largest carmaker, Maruti Suzuki India Ltd., lowered its production by 8% last month as January-February retail sales stalled.

India Will Hike Tariffs to Boost Local EV Production

March 19, 2019 at 1:45 AM

India plans to raise taxes on imported electric vehicle components and batteries to encourage local EV production.

Nissan Mulls Electric Options for Next-Gen GT-R, ā€œZā€ Models

March 18, 2019 at 2:44 PM

Nissan Motor Co. is evaluating the future of its Z-badged sports cars and top-end GT-R that could yield electric variants for the performance models.

Hella Opens 6th Facility in India

March 18, 2019 at 12:33 AM

Hella GmbH is opening its second electronics component plant in India and its sixth facility in the country.

Nissan, Mitsubishi JV Launches Next-Gen Minicars

March 15, 2019 at 9:22 AM

NMKV Co., the 50:50 joint venture between Nissan Motor Co. and Mitsubishi Motors Corp., is introducing four second-generation minicars this month.

China Lifts Import Freeze on Tesla Model 3 EVs

March 14, 2019 at 2:47 PM

China has removed a temporary ban on Tesla Model 3 electric sedans that began last week over a lack of certain Chinese-language labels.

Maxion, Dongfeng Form China Aluminum Wheel JV

March 14, 2019 at 9:36 AM

Germany’s Maxion Wheels is forming a joint venture in China with Dongfeng Motor Parts and Components Group to build aluminum wheels for the local market.

Hyundai Picks Up Key Support in Proxy Fight

March 14, 2019 at 2:14 AM

Hyundai Motor Co. and its parts affiliate Hyundai Mobis gained the support of a key shareholder today in their effort to fend off proxy proposals by activist U.S. hedge fund Elliott Management Corp.

Nissan Ponders Outside Non-Chairman to Head Board

March 13, 2019 at 5:16 PM

Nissan Motor Co. plans to leave its chairmanship position open for now but use a highly regarded Japanese executive to preside over director meetings.

Nissan: Electrified Vehicles to Account for 25% of Sales in Asia by 2022

March 13, 2019 at 2:42 PM

Nissan Motor Co., which is expanding the availability of electrified models throughout Asia-Oceania, expects that such vehicles will account for one-fourth of its sales in the region by 2022.