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Auto


Out of the frying pan into the fire

Carlos Ghosn attends an interview at Nissan’s global headquarters in Yokohama yesterday. Nissan Chief Executive Ghosn said he will quit the post to focus on overhauling scandal-hit Mitsubishi Motors, but will stay on as chairman at the Japanese automaker he was credited with saving. Ghosn, 62, who also heads up French automaker Renault, will hand over the reins to Nissan veteran Hiroto Saikawa in April. Among a handful of foreign-born CEOs at Japanese firms, Ghosn earned the nickname Le Cost Killer for his aggressive restructuring at Renault and later the nearly bankrupt Nissan in the late 1990s. ...

February 24, 2017, Friday


Mercedes-Benz recalls vehicles over defective electronic power steering

GERMAN carmaker Mercedes-Benz started recalling 59 vehicles in China on Tuesday due to defective electronic power steering, according to China's quality watchdog. The recall affects 29 cars made between ...

February 21, 2017, Tuesday


Reprieve for German Opel

FRENCH automaker PSA has pledged to keep Opel plants in Germany running if a planned merger goes forward, and to refrain from layoffs until at least 2019, a newspaper report said yesterday. PSA, the ...

February 20, 2017, Monday


BMW to recall 41,685 vehicles in China

BMW will recall 41,685 vehicles in China due to defective airbags, the country's quality watchdog has said. The recall, set to begin on October 9, 2017, affects a batch of 3,926 cars made between January ...

February 14, 2017, Tuesday


Chinese auto sales post decrease

China’s auto market slowed in January, affected by holidays and reduced tax discounts, an industry group said yesterday. Passenger car sales in the world’s biggest auto market fell 1.1 percent from a ...

February 14, 2017, Tuesday


Dongfeng Kia announces recall

Dongfeng Yueda Kia Motor Co is to recall 31,803 defective automobiles over defective rear traction rods, China’s consumer quality watchdog said yesterday....

February 13, 2017, Monday


New-energy vehicle sales to surge over 50%

CHINA’S new-energy vehicle market is expected to keep its more than 50 percent growth this year as more new models will be launched, the China Association of Automobile Manufacturers has said. Sales ...

February 11, 2017, Saturday


Sales of passenger cars fall in January

CHINA’S passenger vehicles sales fell in January, the first year-on-year drop in almost a year, data showed yesterday. A total of 2.12 million passenger vehicles were sold in January, down 9.8 percent, ...

February 10, 2017, Friday


Handshake seals EV motor venture

Honda CEO Takahiro Hachigo (left) and Hitachi Automotive counterpart Hideaki Seki shake hands at a news conference in Tokyo yesterday. Honda and Hitachi Ltd’s auto parts subsidiary plan to form a joint venture in July to develop, produce and sell motors for electric vehicles. The venture, with an investment of 5 billion yen (US$44.69 million), will be 51 percent owned by Hitachi Automotive Systems Ltd and 49 percent held by Honda....

February 8, 2017, Wednesday


Toyota and Suzuki eye R&D tie-up

TOYOTA Motor Corp and Suzuki Motor Corp said yesterday that they plan to trade expertise in parts supplies and R&D, in an agreement that will aid expansion in emerging markets and help them cope with ...

February 7, 2017, Tuesday


 

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