Asia
 

Hyundai directors kept in dark on size of $10 billion land bid, report says

10:56 am U.S. ET | Sept. 22, 2014
Hyundai Motor and two affiliates did not seek board clearance for the size of their record $10 billion bid for a plot of land in Seoul, more than triple its appraised value, four board members of the...... Read More »

7 Japanese supplier execs indicted in price-fixing scheme

4:09 pm U.S. ET | Sept. 18, 2014
A federal grand jury in Detroit has indicted seven executives from Japanese auto suppliers Mitsubishi Electric and Hitachi Automotive Systems for their alleged roles in a conspiracy to fix auto parts...... Read More »

Hyundai Motor's record $10 billion bid for trophy property alarms investors

11:33 am U.S. ET | Sept. 18, 2014
Hyundai Motor Group will pay a record $10 billion for the site of its new headquarters in Seoul's high-end Gangnam district, out-bidding Samsung...... Read More »

Penske expands engines, power business in Australia, Pacific

3:46 pm U.S. ET | Sept. 16, 2014
Penske Automotive Group today said it is buying a company that distributes diesel and gasoline engines and power systems in Australia, New Zealand...... Read More »

Nissan transforms Japanese plant

12:01 am U.S. ET | Sept. 15, 2014
With a stern foreman clocking their efforts on his stopwatch, the Chinese apprentices snap together their first Nissan vehicle, brick by brightly...... Read More »

Japan exports fall despite favorable yen

12:01 am U.S. ET | Sept. 15, 2014
Japan's auto exports finally may be decoupling from the yen after decades of yo-yoing up and down with exchange rates.... Read More »

THE GM RECALL

GM has substantially completed vehicle recalls, Barra says

9:06 am U.S. ET | Sept. 11, 2014
General Motors has “substantially completed” its vehicle recalls, CEO Mary Barra said.... Read More »

Athletic Mazda2 debuts as test on many levels

9:00 pm U.S. ET | Sept. 10, 2014
Mazda unveiled a more athletic fourth-generation Mazda2 hatchback late Wednesday, deploying its latest Skyactiv drivetrain and chassis technologies...... Read More »

Mazda splurges on MX-5 Miata debut and celebration

7:47 am U.S. ET | Sept. 6, 2014
Mazda is a tiny carmaker on a shoestring budget.... Read More »

Why GM struggles in Japan

12:01 am U.S. ET | Aug. 31, 2014
Selling General Motors' U.S.-built vehicles in Japan has never been easy and these days it is harder than ever.... Read More »

Lexus NX may challenge RX for brand sales leader outside U.S.

6:51 am U.S. ET | Aug. 29, 2014
The new Lexus NX compact crossover, already racking thousands of orders in Japan, may unseat big sibling RX as the luxury brand's top global...... Read More »

Subaru casts wider net with safer, greener WRX

1:42 pm U.S. ET | Aug. 27, 2014
Subaru hopes the redesigned WRX line will capture a wider customer base with better fuel economy and safety features after spinning off the nameplate...... Read More »

GM, Ford, Toyota and VW among automakers hit by antitrust penalties in India

4:21 am U.S. ET | Aug. 26, 2014
India's antitrust regulator fined 14 carmakers a combined $420 million for stifling competition in the market for spare parts.... Read More »

Subaru shows glitzy new global HQ befitting new stature

10:26 am U.S. ET | Aug. 25, 2014
Subaru today christened a glistening new global headquarters more befitting of the hot brand's bigger international profile.... Read More »

Smartphone camera makers see next opportunity in cars

2:23 pm U.S. ET | Aug. 15, 2014
South Korean smartphone camera makers are tapping the surging yet more technologically demanding market for vehicle cameras to dull the impact of...... Read More »

Jobs growth slows at Japanese auto plants in U.S.

12:25 pm U.S. ET | Aug. 15, 2014
Japanese automakers and their suppliers added jobs in the United States at a slower pace in 2013 than in 2012, as they continued to expand in Mexico...... Read More »

Pope bestows halo on Kia's Soul

6:19 am U.S. ET | Aug. 14, 2014
Pope Francis is helping to elevate the profile of the Kia Soul beyond that of the car of choice for dancing hamsters.... Read More »

Jaguar Land Rover helps parent Tata triple Q1 profit

12:01 am U.S. ET | Aug. 12, 2014
Jaguar Land Rover's surging retail sales and profit helped parent Tata Motors triple its first-quarter net income.... Read More »

BMW, others lead shake-up of once-closed Korean market

12:01 am U.S. ET | Aug. 11, 2014
Korean automakers may threaten the global dominance of automakers such as Volkswagen and Toyota, but they are fast losing ground at home to foreign...... Read More »

Southeast Asia: Next boom market?

11:00 am U.S. ET | Aug. 6, 2014
Auto industry executives are still upbeat about China, but their enthusiasm for the other BRIC countries has waned.... Read More »

Toyota cutting the fabled andon cord, symbol of Toyota Way

1:38 pm U.S. ET | Aug. 5, 2014
Toyota is retiring the fabled “andon cord,” the emergency cable strung above assembly lines that came to symbolize the built-in quality...... Read More »

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Calif. dealer champions chaplain services

Calif. dealer champions chaplain services

Calif. dealer Bill Hoehn has something few retailers have: A full-time chaplain. The chaplain provides care and support for employees, is available 24/7 for crisis needs and even presides over weddings. Mon., September 22
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