Asia
Ford to shutter Australia car, engine plants in 2016
8:04 pm U.S. ET | May 22, 2013
Ford, citing high operating costs, falling sales and financial losses, will close its Australian car and engine assembly plants in 2016, ending almost nine decades of manufacturing in the country.... Read More » Comments [0] | Recommendations [0]
TALK FROM THE TOP: JIM LENTZ, CEO, NORTH AMERICA REGION, TOYOTA MOTOR CORP.
Toyota streamlines decision-making for North America
12:01 am U.S. ET | May 20, 2013
Toyota President Akio Toyoda restructured the company's management this year to give more authority and autonomy to local regions. Nowhere was this more evident than in North America, where Jim Lentz, CEO of Toyota Motor Sales, was placed in charge of all Toyota sales and manufacturing for the region.... Read More »| Related topics: | Europe Manufacturing | Americas | Global News | China | Europe | Eastern Europe | Western Europe |
Again, Tokyo show a no-go for Detroit 3
12:01 am U.S. ET | May 20, 2013
The Detroit 3 will sit out the Tokyo Motor Show, no-shows for the third straight time.... Read More »Infiniti: Raise quality, sales will follow
12:01 am U.S. ET | May 20, 2013
Infiniti President Johan de Nysschen, poached last summer from Audi, aims to push into new segments, restore profitability to Nissan's luxury marque and fix lackluster quality rankings. Nissan CEO Carlos Ghosn has ordered de Nysschen to make the brand a top-tier premium player and boost global sales to 500,000 by 2016 from just 170,000 last year.... Read More »CARS & CONCEPTS
Honda to return to F1 racing
12:01 am U.S. ET | May 20, 2013
Honda will return to Formula One as an engine supplier after exiting the racing series in 2008. The Japanese automaker will provide engines to its former F1 racing partner McLaren starting in 2015.... Read More »Kogai takes reins of Mazda's comeback
12:01 am U.S. ET | May 20, 2013
Mazda Motor Corp.'s CEO designate, Masamichi Kogai, had a big hand in creating the more stable, profitable carmaker he inherits. But formidable challenges lie ahead.... Read More »Hyundai, Kia losing ground to luxury imports at home as tariffs fall
12:01 am U.S. ET | May 19, 2013
Foreign brands have seen their share of South Korea's market for premium vehicles surge to 41 percent from 28 percent in the past two years, according to Korean industry groups, as lower tariffs make their cars cheaper and local buyers abandon a decades-long preference for domestic brands.... Read More »Toyota plans big hike in lithium ion battery output
12:22 pm U.S. ET | May 19, 2013
Toyota is planning to increase production of lithium ion batteries by six times, as the automaker prepares to eventually use them in its flagship Prius gasoline-electric hybrid cars, the Nikkei business daily reported on Sunday.... Read More »Ford to shift Fiesta output to Thailand from Mexico, report says
4:07 pm U.S. ET | May 16, 2013
Ford, moving to ease production constraints in North America, plans to shift output of the Fiesta subcompact from Mexico to Thailand in 2016, The Detroit News reported today.... Read More »Falling yen lifts outlook for Japanese
12:01 am U.S. ET | May 13, 2013
For five years, a rising yen undermined Japanese automakers' profits. Now the currency's sudden weakening has delivered dramatic gains, especially in the January-March quarter.... Read More »Toyota: N.A. to fuel biggest profits in 6 years
12:01 am U.S. ET | May 13, 2013
Toyota Motor Corp. expects North America to be its fastest-growing market this fiscal year, driving the company to its highest profits since the global financial crisis.... Read More »Mazda problem solver Kogai gets a new job: CEO
12:01 am U.S. ET | May 13, 2013
After Japan's devastating March 2011 earthquake and tsunami, Mazda Motor Corp. CEO Takashi Yamanouchi needed someone to sort out and reinforce the carmaker's shattered supply chain and production system. He chose Masamichi Kogai, a manufacturing and purchasing specialist. Now, Kogai, 58, is getting a new assignment: Run the whole company.... Read More »China
Automotive News Europe
Airbag supplier Takata names first foreign president
1:25 pm U.S. ET | May 10, 2013
Japan's Takata, reeling from its role in a global airbag recall, said today it will replace its president with Swiss national Stefan Stocker, the first foreigner in the post.... Read More »Nissan India says no impact on output from supplier warehouse fire
12:01 am U.S. ET | May 10, 2013
Nissan's Indian unit said today there would be no impact on production at its factory in the southern city of Chennai, a day after a warehouse supplying parts to the plant was almost destroyed by a fire.... Read More »In boon for Japan's automakers, yen tumbles over milestone
10:21 pm U.S. ET | May 9, 2013
Toyota's half-decade of fighting the yen is over, at least for now. The weakening yen breached 100 against the dollar in U.S. trading on Thursday, paving the way for Japanese automakers to emerge from an unprecedented stretch where the currency's appreciation roiled their ability to sell cars overseas at a profit.... Read More »Infiniti names veteran powertrain engineer as head product planner
2:27 pm U.S. ET | May 9, 2013
Infiniti has named powertrain specialist Toshihiro Hirai as global head of product planning as it tries to strengthen the marque's identity.... Read More »Renault-Nissan parts warehouse in India nearly destroyed by fire
3:48 pm U.S. ET | May 9, 2013
A major warehouse supplying parts to a Nissan-Renault alliance plant in India was almost destroyed by fire early today, a Nissan spokeswoman said, possibly affecting production at the plant that makes 400,000 vehicles a year.... Read More »Mazda names production chief Kogai next CEO
10:57 pm U.S. ET | May 8, 2013
Mazda has appointed Masamichi Kogai its next CEO. The production and purchasing specialist replaces Takashi Yamanouchi, who led the carmaker to its first annual profit in five years. The promotion takes effect pending approval at the Japanese company's June 25 annual shareholders' meeting, Mazda said in a May 9 statement.... Read More »Toyota to post around $13 billion annual operating profit, report says
9:45 am U.S. ET | May 6, 2013
Toyota is expected to post operating profit of more than $13 billion for the year ended March, significantly more than what has been forecasted, the Nikkei business daily reported today.... Read More »AKIO TAKES THE WHEEL
Toyota's car-buff president makes Lexus his pet project
12:01 am U.S. ET | May 6, 2013
By Akio Toyoda's own admission, his beloved Lexus luxury brand has a big problem. Unlike its German rivals, Lexus has no heritage, no narrative. Now the Toyota Motor Corp. president is investing himself personally in the brand by taking direct control of all things Lexus.... Read More »Dreary HQ city is a handicap in global glitz plan
12:01 am U.S. ET | May 6, 2013
Lexus Group was rechristened Lexus International in June 2012 in an effort to lend an air of worldwide reach and urbane globalism. Despite efforts to internationalize the brand, there is still one big hurdle: The limited allure of the company's bland industrial hometown of Toyota City.... Read More »
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Special Report
 Toyota's Lentz: Camry in a 'three-horse race'Toyota's Jim Lentz says the Camry will fend off main rival Honda Accord and upstarts such as the Ford Fusion... Mon., May 20» Watch the Video |
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