More in Asia Pacific

  • Newswire

    Automakers Seek High-Tech Edge in Developing Self-Driving Car  

    Automakers are scrambling to load up their vehicles with sophisticated electronics that handle many driving situations but stop short of making the car fully autonomous, something experts say may be decades away....More
  • Newswire

    India's Mahindra Nearer to Pininfarina Acquisition  

    The Italian design studio, whose clients have included Ferrari, Maserati and Rolls-Royce, says it expects to reach a deal to be acquired by the Indian conglomerate in coming weeks....More
  • Newswire

    Hyundai Motor's Chung Ups Stake in Family Business  

    Chung Eui-sun, the only son of Hyundai Motor Group Chairman Chung Mong-koo, held only 6,445 shares in Hyundai Motor prior to last month's purchase of 1.85 million shares that raised his stake in the automaker to 2.28%....More
  • Newswire

    Takata Crisis Opens Japanese Window for Autoliv  

    With many Japanese automakers having abandoned Takata amid massive recalls of cars equipped with potentially lethal airbag inflators, the Swedish supplier is ramping up production of replacement devices....More
  • Newswire

    Industry Group Says China October Vehicle Sales Up 11.8%  

    The China Association of Automobile Manufacturers says October's 11.8% increase to 2.2 million deliveries was the biggest year-on-year gain since December 2014, and left sales through the year's first 10 months up 1.5%....More
  • Newswire

    Chinese Automaker Brilliance's Boss Jumps to BMW  

    Olaf Kastner succeeds Karsten Engel as chief of BMW's China business, having served previously as head of the joint venture between the German automaker and local manufacturer Brilliance....More
  • Newswire

    UPDATE 2-Toyota changes gear and makes late entry into self-driving car research  

    * Toyota a late entry in race to develop self-driving cars * New Silicon Vally research plant to hire about 200 staff * Plans to invest $1 billion in R&D over next five years (Changes headline) TOKYO, Nov 6 (Reuters) - Toyota Motor Corp said on Friday it will set up a research and development company with a focus on artificial intelligence in Silicon Valley, as competition to develop self-driving cars intensifies....More
  • Newswire

    UPDATE 3-Takata slashes outlook as automakers drop its air bag inflators  

    * Takata cuts FY net profit outlook to 5 bln yen from 20 bln * Toyota president: won't use Takata ammonium nitrate inflators * Takata shares briefly turn positive after Toyota comment * Shares down nearly 40 percent in three days (Recasts throughout with Takata earnings, guidance) By Makiko Yamazaki...More
  • Newswire

    UPDATE 2-Toyota cuts full-year sales forecast on sluggish Asian recovery  

    * Toyota lowers FY sales f'cast by 1 pct, profit unchanged * World's top automaker cites weak sales in emerging Asia * Q2 profit supported by weak yen, lower costs (Recasts, adds comment, details) By Naomi Tajitsu TOKYO, Nov 5 (Reuters) - Toyota Motor Corp cut its full-year revenue forecast on Thursday as the Japanese company expects weaker vehicle sales in emerging Asian countries, where demand for cars has been hit by slowing growth....More
  • Newswire

    GM China October Vehicle Sales Best Ever  

    GM in part credits a new tax cut for smaller cars with last month's record 15% sales increase, and says the 2.9% hike in Chinese retail sales for the year's first 10 months also was an all-time high....More
  • Newswire

    Nissan Rechecking Takata Airbags  

    An injury last week to a passenger who was struck by small pieces of metal when her Takata airbag deployed prompted Nissan to recheck vehicles equipped with the devices initially declared defect-free....More
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