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Mohit Arora, Executive Director at Asia Pacific at J.D. Power and Associates discusses the impact of Abenomics on Japan automakers. He says the weakening yen has a direct impact on their bottom lines and that automakers are looking at diversifying their production basis globally rather than re-investing locally.
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Mohit Arora, Executive Director at Asia Pacific at J.D. Power and Associates discusses the impact of Abenomics on Japan automakers. He says the weakening yen has a direct impact on their bottom lines and that automakers are looking at diversifying their production basis globally rather than re-investing locally.
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Car maker Hyundai apologized Thursday for a U.K. advertisement that depicts a man trying to commit suicide in his garage but failing because of his zero-emission car.
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James Rooney, Chairman & CEO at Market Force tells CNBC's Cash Flow which stocks he likes in the wake of the latest Korean GDP figures.
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Hyundai Motors unveiled a new concept car it made only for China at the Shanghai auto show on Saturday, and plans to launch the model late this year.
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Shares of Hyundai Motors and its Kia Motors affiliate slumped on Thursday, after both companies said they are recalling more than 1.8 million cars and SUVs in the United States to address faulty parts.
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South Korea's leading manufacturers are seeing their exports and profits undermined by the yen's decline and want more government help to deal with the problem, a survey by their lobby group showed.
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South Korean carmaker Hyundai Motor hopes a touch of Hermes will make its priciest sedan as desirable as the French retailer's exclusive handbags and catapult its cachet into the same league as luxury rivals.
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TrueCar.com is disrupting auto retailing by giving consumers insight into pricing while playing nice with its network of dealers, an analyst says.
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Asian shares edged up on Friday after China's trade data for January beat forecasts to underscore a recovery trend, but prices were capped by investors seeking to book profits before next week's Chinese New Year holidays.
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A new study from Consumer Reports says many new vehicles with small turbocharged engines fail to deliver the mileage advertised by automakers.
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American consumers ignored tax increases and tromped through the winter chill to buy new cars and trucks at an unusually strong pace last month.
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Asian shares wiped earlier gains on Friday as a tepid Chinese manufacturing report dented sentiment, leaving investors on tenterhooks ahead of U.S. nonfarm payroll data due later in the day.
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South Korea's threat to impose a broad tax on financial transactions is the first sign of deepening concern in Asia that speculation of competitive currency devaluations is prompting investors to head for the exit.
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Japan's Nikkei breached the 11,0000 mark briefly as the yen continued to weaken.
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Asian shares were mixed on Thursday after manufacturing data from China confirmed a recovery was on track, easing nervousness caused by a sharp drop in Apple shares.
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Asian shares retreated from multi-month highs on Wednesday amid caution as the earnings season gathers pace, with Tokyo stocks falling to three-week closing lows.
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Asian shares end mixed on Tuesday amid optimism over the global growth outlook. But bold easing measures from the Bank of Japan failed to lift Tokyo equities and the yen rebounded from a brief sell-off as investors digested the central bank's actions.
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Japan's drive to weaken the yen poses a threat to big South Korean exporters such as Hyundai Motor, but the new government in Seoul may not want to do too much about it - a firming won could actually make the economy stronger.
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Asian stock markets edged higher on Thursday on hopes of a steady economic revival in China although gains were marginal compared to the previous session's strong gains as investors took some money off the table and braced for more U.S. budget battles.