Carlos Ghosn’s plan to triple Renault-Nissan’s Indian market share by 2016 begins with next year’s launch of the Datsun Go small car, followed by an ultra-low-cost Datsun model and rollout of a pioneering manufacturing technology....More
Union officials see the auto maker’s veiled threat to ease its way out of South Korea as a tactic to force a compromise on back pay for workers if it loses lawsuits demanding compensation for unpaid overtime....More
Auto makers looking for a way to kick-start sales want the government to roll back excise-duty rates to 2008 levels, and introduce compulsory scrapping of passenger vehicles at least 15 years old....More
“We are still studying possible expansion, but for the next 2-year period the focus is on quality and brand improvement,” Hyundai spokesman Frank Ahrens says as analysts question why the auto maker is locking in supply when demand is high....More
FTA negotiations between the two sides are not meant to change legislation dramatically on any shore of the Atlantic, but to find common sense and recognize each other’s standards, a knowledgeable EU source says....More
Sharing a platform and some components with the popular Fiesta small car, EcoSport is aimed at luring buyers away from hatchbacks and entry-level sedans, and will compete with highly successful CUVs such as the Renault Duster....More
The company also may continue its cooperation with the Derways auto plant. There is an agreement between Haima and Derways on CKD assembly of the new-generation Haima 3. However, the timing for the vehicle's launch at Derways has not been announced....More
Car production for the home markets improved 18.7% in June from prior-year to 26,212 units. The export build was up 8.5% to 105,374, but was not enough to offset a 3.8% drop in first-half output to 601,636....More
Due to loopholes in the 2-year-old FTA, Korean authorities have proven reluctant to dismantle non-tariff barriers to trade, introduced new ones and failed to deliver their promised regulatory convergence,” the ACEA says....More
Skoda sold only locally made cars after launching production in 2007. The auto maker this spring began importing two vehicles from Czech Republic to China, where it has identified a market segment that favors imported cars....More
A Toyota executive says suppliers should not rely only on automotive but seek out other industries with similar needs. Makers of defense vehicles, for example, may require components like those used by auto makers....More
The rules that will be enforced as of January 2014 will require front airbags and antilock braking systems on all new cars sold in the country, features that have been standard for years on autos in most industrialized nations....More
Last month’s sales signal a slowdown expected to continue in June as the backlog from last year’s first-car tax-rebate scheme and natural disasters in 2011 and 2012 subsides and the market returns to normal....More
Some suppliers are investing in additional facilities because they are confident current production levels will be sustained and because they have exhausted most of their avenues to stretch available...
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