NGK Insulators to pay $65.3 million U.S. fine for price-fixing, obstruction
3:11 pm U.S. ET | Sept. 3, 2015 |
UPDATED: 9/3/15 4:29 pm ET - adds details
Japanese auto supplier NGK Insulators has agreed to plead guilty and pay a $65.3 million fine for fixing prices of automotive parts and attempting to obstruct the ongoing global investigation into auto parts bid rigging, the U.S.
GM expects to be profitable in India in 5 years
6:53 am U.S. ET | Sept. 2, 2015 |
UPDATED: 9/2/15 10:16 am ET -- adds details
General Motors expects to be profitable in India in five years as it cuts costs and works toward increasing local content in its cars, the automaker's India chief told Reuters.
Toyota plans Olympic all-stars, report says
12:01 am U.S. ET | Aug. 22, 2015
Toyota will capitalize on its sponsorship of the 2020 Olympics by launching a string of new models tied to the games, including a taxi and fuel cell...
Toyota may buy replacement airbag inflators from three Takata rivals
7:24 am U.S. ET | Aug. 21, 2015
Toyota, recalling about 12 million vehicles worldwide to replace Takata airbags, said it may tap three additional suppliers to boost supply of the...
Japan faces shortage of replacement airbags as recalls expand
9:33 am U.S. ET | Aug. 19, 2015
Japan may face a shortfall in supply of replacement airbags as automakers recall 9.
Thai stamping supplier to expand in Michigan
11:51 am U.S. ET | Aug. 11, 2015
Thai Summit America will break ground later this month on a 44,000-square-foot expansion in Michigan.
Toyota still No. 1 where it counts: Profits
12:01 am U.S. ET | Aug. 10, 2015
Toyota Motor Corp.
Honda's $16,000 coupe sells out in Japan after first production run
4:08 pm U.S. ET | Aug. 7, 2015
Honda has sold out all 8,600 of its new roadsters slated for production this year and is fully booked through June.
Japanese score big in N.A. in 1st quarter
12:01 am U.S. ET | Aug. 3, 2015
Booming business in North America was a gleaming bright spot for Japanese automakers in the latest quarter, as sales and operating profits climbed...
GM takes a fresh look at emerging markets
12:01 am U.S. ET | Aug. 2, 2015
GM is spending $5 billion to develop a new family of Chevrolet small cars that it will build and sell in China, Brazil, India, Mexico and other...
REUTERS SPECIAL REPORT
Subaru's low-paid foreign workers power an export boom
12:01 am U.S. ET | Aug. 1, 2015
At the heart of Subaru's ongoing U.S.
Pacific trade talks end without deal; vehicle tariffs, rules remain a hurdle
3:49 am U.S. ET | Aug. 1, 2015
High-level negotiations in Hawaii on a trade agreement in the Pacific Rim wrapped up without a final deal as disagreements over vehicle tariffs and...
FCA battles in court with Australia ex-CEO
9:56 am U.S. ET | July 31, 2015
FCA traded charges in court with its former Australia CEO, who denied breaching his legal duties and said he acted on instructions from above after a...
Subaru parent's operating profit jumps 70% on surging U.S. sales
6:20 am U.S. ET | July 31, 2015
Japan's Fuji Heavy Industries, the maker of Subaru cars, posted a 70 percent jump in quarterly operating profit as sales continued to climb in the...
Mitsubishi Motors' April-June net falls 15%
1:51 pm U.S. ET | July 30, 2015
Mitsubishi Motors today said its fiscal first-quarter net income fell 15 percent to 23.99 billion yen, or $195.
GM to invest $1 billion in India, plans to double market share by 2020
6:59 am U.S. ET | July 29, 2015
General Motors plans to invest $1 billion in the next few years to turn operations in India into a new global export hub aimed at boosting sales in...
Mitsubishi will focus production on Japan, Russia, S.E. Asia after closing U.S. plant
2:42 am U.S. ET | July 27, 2015
Mitsubishi will focus production on Japan, Russia and Southeast Asia after closing its U.S. plant, the automaker's president, Tetsuro Aikawa, said.
GM Korea reaches tentative wage deal with union
9:01 am U.S. ET | July 27, 2015
General Motors' South Korean unit tentatively reached an annual wage deal with its labor union today, averting a major strike at one of its key Asian...
Mitsubishi to end U.S. vehicle output, report says
4:32 pm U.S. ET | July 23, 2015
Mitsubishi plans to quit building light vehicles in the U.S.
High-performance Cadillacs roar into Japan
7:23 am U.S. ET | July 21, 2015
GM is introducing two high-performance V-Series Cadillac nameplates in Japan that outspoken presidential hopeful Donald Trump famously blasted as...