Industry Developments

Hyundai has announced that it expects a 6% fall in Hyundai and Kia sales for 2006 due to strikes in the

US carmaker General Motors has turned to its South Korean division, GM Daewoo Auto and Technology, for the development of a new small car platform. The platform will then be given... 2006-10-13

South Korea's Hyundai plans to begin production of an SUV in Malaysia next year, through local importer Hyundai-Sime Darby Motors. The model is yet to be revealed, although Hyundai... 2006-10-12

Maruti Suzuki and Nissan plan to invest INR30-35bn in an exclusive port for exporting their jointly produced cars. The partners have inspected a number of sites in Gujarat, although... 2006-10-11

US carmaker Ford is preparing to launch a small car for Indonesia, taking advantage of lower luxury taxes on smaller vehicles. A sliding luxury tax, calculated according to engine... 2006-10-10

Australia's new vehicle market has lost some of the momentum gathered in 2005, with August representing the fifth consecutive month of falling sales. Sales for the month declined... 2006-10-09

Plagued by annual industrial action and an escalating rate of vehicle ownership, South Korea's automotive industry can be a tough nut to crack, as reflected in the poor domestic sales... 2006-10-06

Manganese Bronze, the UK manufacturer of the famous London taxi, has established a joint venture with China's Geely. The new company will operate the British firm's first ever overseas... 2006-10-05

Manganese Bronze, the UK manufacturer of the famous London taxi, has established a joint venture with China's Geely. The new company will operate the British firm's first ever overseas... 2006-10-05

A record year in 2005 for Indonesia's automotive sales seems a long way off now, as sales for the first half of 2006 reflect a decline of almost 50% y-o-y. Industry Association Gaikindo... 2006-10-03