Asia

Lexus Confirms LC Convertible Plans

July 15, 2019 at 5:57 AM

Toyota Motor Corp.’s Lexus unit says it will introduce a convertible variant of its LC sports coupe in the near future.

Car Sales Zoom 35% in Vietnam

July 15, 2019 at 2:20 AM

Demand for new cars in Vietnam grew 35% to 113,200 units in the first half of 2019, says the Vietnam Automobile Manufacturers Assn.

China’s Expansion Rate Skids to 27-Year Low

July 15, 2019 at 1:23 AM

China reports its gross domestic product grew 6.2% in the second quarter, down from 6.4% in January-March, to the slowest pace since at least 1992.

Geely Warns Its Half-Year Profits Plunged 40%

July 12, 2019 at 5:05 PM

China’s Geely Automobile Holding Co. warns that slumping sales cut its net earnings in the first half of 2019 40% to about 2.7 billion yuan ($390 million).

Hyundai Touts Variable Valve Duration Tech

July 12, 2019 at 3:38 PM

Hyundai Motor Group says its new engine “continuously variable valve duration” system is the first to adjust intake valve duration according to driving conditions.

Chinese EV Producers Ponder Indonesia to Avoid U.S. Trade War

July 12, 2019 at 2:53 PM

Two Chinese electric car makers—BYD Co. and JAC Motors—could move some production to Indonesia to avoid the trade war between China and the U.S.

China Make Hike “Green” Credit for Hybrids

July 12, 2019 at 2:08 PM

China policymakers may reclassify gasoline-electric hybrid vehicles to give them more credit in meeting the country’s tougher emission and fuel economy rules.

China’s New-Car Sales Drop 10%

July 11, 2019 at 1:17 AM

Wholesales of new passenger vehicles in China dropped 10% to 2.06 million units in June, marking the 12th consecutive monthly decline, according to the China Assn. of Automobile Manufacturers.

June Car Sales Fell 18% in India

July 10, 2019 at 6:29 PM

Demand in India for passenger cars, SUV/crossovers and light vans dropped 18% to 225,700 units in June, according to the Society of Indian Automobile Manufacturers.

Toyota, Denso to Form Chip Design Venture

July 10, 2019 at 1:33 PM

Toyota Motor Corp. and affiliate Denso are creating a joint venture to develop next-generation processors for sensors and power controllers used in connected and self-driving vehicle systems.

Hyundai to Begin Local EV Assembly in India

July 10, 2019 at 10:08 AM

Hyundai Motor Co. plans to begin assembling all-electric versions of its Kona small crossover vehicle in Chennai, India, later this year.

Chinese Battery Maker Plans European Factory

July 10, 2019 at 1:53 AM

China’s SVOLT Energy Technology Co. plans to open a €2 billion lithium-ion battery plant and development center somewhere in Europe in 2022.