More in Asia Pacific

  • Newswire

    Airbag Recall Costs Prompt Honda to Restate Earnings  

    The Japanese automaker, citing an expanded recall of vehicles equipped with potentially defective Takata airbags, revises its operating profit for the last fiscal year downward by 19%....More
  • Newswire

    Takata CEO Compensation Cut in Latest Fiscal Year  

    Regulatory filings do not specify Shigehisa Takada's compensation for the fiscal year ended March 31 but it did not exceed ¥100 million, less than half the ¥206 million he received a year earlier....More
  • Newswire

    Internal Airbag Probe Stalling, Takata CEO Tells Shareholders  

    Chief Executive Shigehisa Takada says the supplier's internal probe into defective airbag inflators linked to at least eight deaths and dozens of injuries is "not progressing very well."...More
  • Newswire

    Chevrolet Chief Batey Upbeat About China  

    Alan Batey says he expects a good second-half showing in China by Chevrolet parent General Motors, but notes stepped-up competition is causing moderation in new-vehicle pricing....More
  • Newswire

    VW to Field Feature-Laden Subcompact in India  

    The German automaker is banking on a subcompact featuring dual airbags, automatic transmission and competitive pricing to grow its scant 2% share of the fast-growing market....More
  • Newswire

    UPDATE 2-Toyota PR chief arrested on suspected Japan drug violation  

    (Adds Toyota comment in paragraphs 4 and 5) By Kiyoshi Takenaka and Maki Shiraki TOKYO, June 18 (Reuters) - Toyota Motor Corp's head of public relations, an American and its first female senior executive, was arrested on Thursday on a suspected violation of Japan's drug laws for sending a painkiller through the mail....More
  • Newswire

    Industry Official Sees Local Brands Joining China Price Wars  

    The head of the China Association of Automobile Manufacturers writes in a blog that local producers will follow the lead of global manufacturers who have been cutting prices on Chinese models to shore up sales....More
  • Newswire

    Australia New-Vehicle Sales Slip 1.3% in May  

    Government data shows last month's 1.3% sales slide followed a 1.5% decline in April....More
  • Newswire

    China Decries U.S. Tariffs on Tire Imports  

    China's Commerce Ministry says in a statement the U.S., which has imposed duties exceeding 100% in some cases in response to alleged dumping, should "adopt a responsible attitude and actions (and) correct its mistakes."...More
  • Newswire

    Sources Say Isuzu to Build Medium-Duty Trucks for GM  

    Sources familiar with the deal say the Japanese truck maker will supply GM with Chevrolet-branded vehicles for the U.S. market starting next year....More
  • Newswire

    Hyundai, Kia Cut Production as Sales Slow  

    Last month's 2-day production rollback at Hyundai's Asan, South Korea, plant and Kia's trimming of hours at its Chinese plant, came as the automakers reported sales drops of 6% and 5%, respectively, in May....More
  • Newswire

    Widened Airbag Recall Prompts Honda to Restate Earnings  

    The automaker is revising its financial results from the fiscal year ended March 31 to reflect additional spending of ¥44.8 billion on an expanded recall of potentially defective Takata airbags in the U.S....More

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