Industry Developments

BMI's updated Business Environment Ranking for the automotive industry sees Hong Kong retaining joint 13th place at the mid-year point, on a composite score of 29. This represents... 2006-08-04

US carmaker General Motors has officially announced the signing of a memorandum of understanding (MoU) with the state government of Maharashtra for its second Indian plant. GM will... 2006-08-04

Japan's Mitsubishi Motors has halved its y-o-y loss for the first quarter of the Japanese financial year ending June 30. Its operating loss of JPY6.79bn against JPY13.78bn for the... 2006-08-03

Japanese carmaker Toyota is capitalising on its success in China with the decision to double its annual production capacity. Local partner Guangzhou Automobile Group, of the Hong... 2006-08-01

Fiat's commercial vehicle division Iveco has bolstered its relationship with China's Shanghai Automotive Industry Corp (SAIC), through a new project to manufacture diesel engines... 2006-07-27

A report published by Malaysia's Ministry of International Trade and Industry (Miti) this week, outlines the government's aim to create an automotive industry centred around two strong... 2006-07-27

Indian carmaker Tata Motors and Italy's Fiat have further underlined their co-operation with the signing of a Memorandum of Understanding for a production joint venture. The 50:50... 2006-07-26

Japanese carmaker Nissan produced its 100 millionth vehicle in June, becoming the second Japanese manufacturer behind Toyota to do so. By the end of June, Nissan had produced 100.14mn... 2006-07-25

Taiwan's Prince Motors has acquired a 50% stake in Taiwan Isuzu Motors for TWD200mn. Prince assembles Taiwan Isuzu's 3.49 tonne ELF trucks, as well as distributing other Isuzu and... 2006-07-25

Talks between South Korean carmaker Hyundai Motor and union representatives ended with no resolution to the current strike action last week. Despite quotes from South Korea's Labour... 2006-07-24