The first thing a visitor to the
BMW may open a factory in Slovakia, joining German rival Volkswagen group which already builds a variety of group brands there.
Maruti Suzuki India (MSIL) will now take the lead and invest in all future assembly plants across the world for its parent Suzuki Motor Corporation (SMC), which may leverage MSIL's INR70bn (US$1.29bn) cash reserves to make fresh investments abroad.
Toyota Motor will boost domestic production for the April to September 2013 period by about 10% from initial plans, as it sees steady domestic sales and strong overseas demand amid depreciation of the yen, reported the Japan Times, citing anonymous sources.
Maruti Suzuki is eyeing the rapidly growing utility vehicle (UV) segment to enhance its presence and market share in India.
Ford CEO Alan Mulally has described Japan as the 'most closed automobile market in the world' as he reiterated his opposition to Japan entering into free trade talks with the US under an Asia-Pacific agreement.
News
27 Mar, 2013
The £130k Jaguar XKR-S GT has been unveiled, and it promises to be the 'ultimate road-going XK'
The European carmakers' trade body ACEA has said that it wants Japan to eliminate non-tariff barriers to trade in cars before any agreement on EU-Japan free trade. It also said that regulatory vehicle standards in Japan should be harmonised in line with EU standards.
Mazda has told Japan's transport ministry it is recalling 8,902 of its recently redesigned Atenza cars due to an electric system fault that may cause a fire.
SENIOR EDITOR MARK VAUGHN: Growing up with
Mitsubishi seeks to gain sales in the minicar segment in Europe with the launch of the Space Star, which replaces the Colt subcompact.
Mitsubishi seeks to gain sales in the minicar segment in Europe with the launch of the Space Star, which replaces the Colt subcompact.
The Japan Automobile Manufacturers Association (JAMA) has said in a statement that it welcomes the agreement reached on March 25 by the Japanese Government and European Union (EU) to open negotiations leading to free trade between the EU and Japan.
News
27 Mar, 2013
The limited-edition, track-only SRT Viper Time Attack has been unveiled at the New York Motor Show
News
26 Mar, 2013
The facelifted Cadillac CTS has been leaked ahead of its world debut at the New York Motor Show
Fiat and Serbia have agreed on a subsidy deal to produce a cheaper version of the 500L minicar for domestic sales, a local newspaper reported.
News
26 Mar, 2013
We preview the must-see cars expected at the New York Motor Show
Improving the quality of its vehicles will be a priority this year for Hyundai-Kia, chairman and CEO Chung Mong-Koo said in a note to Kia's shareholders.
Volkswagen plans to keep car production in Slovakia at the level that saw it doubling production to a record in 2012.
Bearings and vehicle component maker Schaeffler said it remains "optimistic" this year, even though profits fell in 2012 by 1.9% to EUR872m (US$1.13 bn).