Apr 10, 2014

Mexico passes Japan to become No. 2 car exporter to the U.S.

Mexico’s booming auto industry has reached a major milestone, claiming to have overtaken Japan as the second-biggest car exporter to the United States in the past three months. The Latin American nation now only trails Canada, but experts say Mexico could become the top ...

Sep 26, 2013

Nidec to buy out Mitsubishi Material's motor-making unit

Precision motor manufacturer Nidec Corp. said Thursday it will buy out a Mitsubishi Materials Corp. subsidiary that makes motors for automobiles as it prepares to jump into the growing market for such products. The acquisition of Mitsubishi Materials C.M.I. Corp. will enhance Nidec’s product ...

U.K. car industry pulling away from European rivals

Sep 16, 2013

U.K. car industry pulling away from European rivals

Britain is accelerating away from its European competitors in the car-making sector, with investment flowing into the factories of Nissan and Jaguar Land Rover as Chinese and American demand drives sales. Jaguar Land Rover said last week it will pump £1.5 billion ($2.4 billion) ...

Aug 1, 2013

Japan, U.S. to hold TPP-related talks

Japan and the United States will hold trade negotiations next week in Tokyo in parallel with the Trans-Pacific Partnership free-trade talks, the government said Thursday. During the three-day meeting from Wednesday, Japan, which joined the TPP talks last week, will discuss safety standards and ...

Honda hopes diesel dents Suzuki India lead

Jul 5, 2013

Honda hopes diesel dents Suzuki India lead

by Siddharth Philip

Honda Motor Co. may have cracked the formula for success in India: a diesel-powered compact sedan. The Amaze, introduced in April, drove the automaker’s sales to a record the following month and propelled Honda to third place among carmakers in Asia’s third-biggest market from ...

Global automakers team up in three groups on fuel cells

| Jul 3, 2013

Global automakers team up in three groups on fuel cells

With the partnership announced Tuesday by Honda Motor Co. and General Motors Co., major global automakers have now divided into three competing groups in the development of fuel-cell technologies, with each including a Japanese player. Key to taking the lead in the market for ...

Half-year U.S. new vehicle sales highest since '07

Jul 3, 2013

Half-year U.S. new vehicle sales highest since '07

Sales of new cars and light trucks in the United States in the first six months of this year rose 7.7 percent from a year earlier to 7,829,141 units, the highest since the same period in 2007, before the global financial crisis, according to ...