Carmakers

Apple's delay in mainland launch for CarPlay could benefit rival platforms

Apple's high-profile CarPlay launch partners are Ferrari, Daimler's Mercedes-Benz and Volvo, with more expected to follow. Photo: EPA

Apple's new CarPlay technology could redefine how carmakers integrate smartphones and mobile applications into their vehicles, but its debut in the world's largest car market will have to wait.

Thursday, 6 March, 2014, 4:29am 1 comment

9 Japanese firms fined US$740 million for fixing prices of parts sold to US carmakers

More than US$5 billion of parts sold to US carmakers were affected in the decade-long conspiracies. Photo: Reuters

Nine companies based in Japan and two executives have agreed to plead guilty and to pay a total of more than US$740 million in fines for their roles in long-running conspiracies to fix the prices of car parts sold to US carmakers, the US Department of Justice said on Thursday.

27 Sep 2013 - 5:18pm

Honda throws US$1b lifeline to Acura

Honda is relaunching the NSX super sports car. Photo: Xinhua

Acura's future was so dire four years ago that Honda Motor began killing models and choking off product development. Now, the carmaker is putting US$1 billion into its luxury brand, a perennial also-ran to Toyota Motor's Lexus line.

27 Feb 2013 - 4:39am

Oh, what a feeling

Toyota has increased sales this year after the 2011 tsunami and is on track to be the world's biggest carmaker again. Photo: Bloomberg

Toyota Motor is poised to take back the title of world's biggest carmaker for this year, as Volkswagen fights General Motors for second place heading into the final weeks.

18 Dec 2012 - 4:46am

Beijing Automotive Group to list car unit BAIC Motor

Beijing Automotive Group hopes the Hong Kong listing of BAIC Motor could raise 10 billion yuan to produce "world-class" Beijing-brand cars.

Beijing Automotive Group, the country's fifth-largest carmaker in terms of sales, is planning initial public offerings for three units to fund an ambitious business expansion over the next three years.

8 Nov 2012 - 3:51am

Mainland carmakers Guangzhou Auto and Chery in bid to beat slow market

Chery's QQme at a car show. The firm will take advantage of its new partner's production and management experience to move to the higher end of the market. Photo: AFP

Guangzhou Automobile Group, the Chinese partner of Japan's Toyota Motor and Honda Motor, formed an alliance with fellow mainland firm Chery Automobile yesterday to share core technology and management experience in an attempt to boost competitiveness in a slowing market.

7 Nov 2012 - 3:36am

Beijing Auto mulls joint venture with Aston Martin

An Aston Martin gets a finishing touch. Beijing Auto is looking to satisfy the luxury lifestyle desire of middle-class motorists. Photo: Bloomberg

Beijing Automotive Group plans to set up more joint ventures with foreign brands such as Aston Martin Lagonda of James Bond fame as the state-owned carmaker seeks to diversify its product lines.

26 Oct 2012 - 8:31am

Hyundai and Kia big winners in China-Japan spat

Hyundai car sales in China have grown 15 per cent. Photo: Reuters

Hyundai Motor and affiliate Kia Motors forecast China sales will exceed their targets as South Korea's two largest carmakers benefit from anti-Japan protests.

9 Oct 2012 - 3:01am

Japanese airline, carmakers hit by Diaoyus fallout with China

Salesmen at a Toyota dealership in Beijing. Toyota and Nissan are both cutting production in China to reflect demand. Photo: AFP

All Nippon Airways announced tens of thousands seat cancellations yesterday and several major Japanese car companies suspended production - further evidence of the economic fallout from an intense dispute over islands in the East China Sea.

27 Sep 2012 - 9:25am