Asia

India Surpasses Germany in New-Car Sales

January 14, 2019 at 12:03 AM

India has surpassed Germany to become the world’s fourth-largest vehicle market in terms of unit sales, says LMC Automotive.

Lexus Concept May Preview Upcoming Convertible

January 11, 2019 at 3:53 PM

Toyota Motor Corp. will publicly unveil a concept drop-top variant of its Lexus LC luxury coupe at next week’s Detroit auto show.

Nissan’s Munoz Resigns

January 11, 2019 at 3:21 PM

Jose Munoz, Nissan Motor Co.’s chief performance officer, has resigned one week after the company announced he was taking a leave of absence.

Ghosn Catches a Fever in Jail

January 10, 2019 at 2:03 AM

Jailed former Nissan Motor Co. Chairman Carlos Ghosn has developed a high fever that has prompted prosecutors to temporarily stop questioning him.

Car Sales in China Fell 6% in 2018

January 09, 2019 at 10:02 AM

Retail demand for light vehicles in China dropped 6% to 22.7 million units in 2018, its first retreat in at least 20 years, says the China Passenger Car Assn.

Nissan Debuts Zippier Leaf

January 09, 2019 at 2:04 AM

Nissan Motor Co. debuted its new Leaf e+ electric sedan in Las Vegas yesterday, roughly two months after its planned unveiling was delayed by the arrest of Chairman Carlos Ghosn in mid-November.

Ghosn Could Face Another 6 Months in Jail

January 08, 2019 at 6:54 PM

Carlos Ghosn, who has been held in a Tokyo jail since Nov. 19 for financial misdeeds as chairman of Nissan Motor Co., could spend another six months behind bars, according to his lawyer.

Toyota Pushes Its Driver Assist System as Rival to Waymo

January 08, 2019 at 6:31 PM

Experts say Toyota Motor Corp.’s offer to market its Guardian driver assist technology to other carmakers is a bid to set a de facto industry standard for the way future cars operate under human or robotic control.

Ghosn Responds to Charges

January 08, 2019 at 4:10 PM

Former Nissan Motor Co. Chairman Carlos Ghosn used a court appearance in Tokyo earlier today to reject claims that he underreported deferred compensation and burdened the company with a personal investment loss.

Byton EV Startup Hopes to Raise Another $500 Million

January 08, 2019 at 3:06 PM

China’s Byton Ltd. is preparing a new $500 million fundraising round for its electric car business, sources tell Reuters.

Meunier to Succeed Krueger as Infiniti Chief

January 08, 2019 at 9:32 AM

Nissan Motor Co. has named Christian Meunier to head its Infiniti luxury division, effective immediately.

Ghosn to Japanese Court: “I Was Wrongly Accused”

January 08, 2019 at 1:13 AM

Former Nissan Motor Co. Chairman Carlos Ghosn told a Tokyo court this morning that he has been “wrongly accused and unfairly detained” since Nov. 19 for alleged financial wrongdoing.