Industry Developments

US carmaker Ford has revealed expansion plans for its Indian subsidiary, which include making the unit a regional hub for engines and possibly a global vehicle. As part of the company's... 2008-05-06

China's automotive component segment has received another boost in the form of a new plant from GKN Driveline. Set to open in H109, the Wuhan-based plant will produce driveshafts... 2008-05-02

Toyota has secured further shares in steelmaker Daido Steel, according to Japanese business daily the Nikkei, at time when rising input costs are hurting vehicle and steel producers... 2008-05-01

Japan's Isuzu Motor has taken steps to enhance its position in Indonesia's commercial vehicle segment by increasing its stake in local manufacturer and distributor Pantja Motor. Prior... 2008-04-30

Chinese carmakers are redoubling their efforts to break into the European markets following years of disappointment. China's Great Wall Motor is preparing to export a new SUV model... 2008-04-30

Chinese carmaker Chery has established a joint venture with Malaysia's Alado Corp, which will extend Chery's reach to the markets of the ASEAN Free Trade Area (AFTA). Chery Alado... 2008-04-29

Import taxes on completely built vehicles have been raised by the Vietnamese government in an attempt to cut the country's trade deficit. A government official has told local press... 2008-04-28

South Korean carmaker Hyundai Motor has recorded a net profit in the first quarter of 2008, following on the back of its record year for sales in 2007. However, the KRW392.7bn net... 2008-04-25

US automotive component manufacturer BorgWarner has highlighted the significance of China to its Asian business with the opening of its largest Chinese plant to date. Based in Ningbo,... 2008-04-24

China's Guangzhou Honda will produce a new Honda sedan, according to company sources. Based on the chassis of the existing City, the model will be powered by a 1.8-litre engine and... 2008-04-18