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Latest East Asia Automotive News

  • REFILE-UPDATE 1-Honda posts surprise Q1 profit gain, costs held 25 Jul 2008 07:09 GMT
    ... (Refiles to include UPDATE 1 tag in headline. No ... in quarterly net profit after it raised car prices and cut costs, helping it overcome ... model line-up mostly made up of passenger cars and its manufacturing flexibility, which has helped ...

  • European markets may extend losses; global cues weak 25 Jul 2008 06:32 GMT
    ... of some bleak economic data and the Asian markets are trading sharply lower on Friday. ... of durable goods orders and new home sales for the month of June. The European markets fell ... The European markets fell on Thursday, as automotive stocks lost ground after Daimler cuts its ...

  • CHINA'S OIL USE SOARS IN H1 DESPITE HIGHER PRICES: INDUSTRY BODY 25 Jul 2008 06:28 GMT
    ... BEIJING, Jul 25, 2008 (AsiaPulse via COMTEX) -- ... to the China Association of Automobile Manufacturers, sales of domestic cars increased 18.52 per cent to 5.18 million ...

  • China sets record in oil consumption amid spiralling prices 25 Jul 2008 06:28 GMT
    ... Beijing, Jul 24, 2008 (Asia Pulse Data Source ... sector also posted a robust growth with sales of domestic cars increasing 18.52 per cent to 5.18 million ...

  • Healthy growth in uncertain times 25 Jul 2008 05:51 GMT
    ... year. These are companies that grew their sales at least 10 per cent annually in ... retailing giant; Wearnes International (1994), the luxury car distribution unit of WBL Corp; Keppel Corp's venture ... parts provider that started out as an automotive parts distributor. It recorded just $5 million ...

  • Interim Report January-June 2008: Sales Growth Continued, Full-year Result Expected To Improve From Last Year 25 Jul 2008 05:51 GMT
    ... Interim Report January-June 2008: Sales Growth Continued, Full-year Result Expected To Improve ... as wiping fabrics, filtration and nonwovens for cars, housing filtration materials, as well as glass ...

  • Microchip-maker's return a challenge 25 Jul 2008 05:48 GMT
    ... trying to stay ahead of bigger chip manufacturers. A former quarterback who led Aliquippa to ... other applications for robots, medical products, the automotive industry and the military. He pitches ideas ... easily, maybe not crack $100 million (in sales), but be a very comfortable company. He's ...

  • S KOREA'S KIA POSTS 40 PCT RISE IN Q2 PROFIT TO US$85 MLN 25 Jul 2008 05:46 GMT
    ... S KOREA'S KIA POSTS 40 PCT RISE IN Q2 ... by strong demand for its fuel-efficient mini cars and a weaker Korean currency. In the ... than tripled to 116.9 billion won and sales gained 1.4 per cent to 4.19 trillion ...

  • Thomson Financial Europe AM at a glance share guide: Stocks fall; bonds up 25 Jul 2008 05:46 GMT
    ... Thomson Financial Europe AM at a glance share guide: ... after a steeper-than-expected decline in existing home sales and worries about the financial sector chilled ... crude prices sent oil stocks lower, while car makers also weighed on sentiment after Renault made ...

  • Brunswick Corp. Q2 2008 Earnings Call Transcript 25 Jul 2008 05:10 GMT
    ... never been more important. 47% of our sales in the second quarter came from outside ... she now owns one of the fastest car's on the planet... fastest sports car's I ... to the floor planning model. On the automotive side that there was some but its ...

  • Toyota poised to unseat No. 1 GM as world's top automaker by sales 25 Jul 2008 04:59 GMT
    ... Toyota poised to unseat No. 1 GM as world's top automaker by sales TOKYO -- Toyota sold more than 4.8 ... prices. Toyota has a reputation for high-mileage cars such as its gasoline-electric Prius hybrid, but ...

  • Chinese carmaker found guilty of copying Italy's Panda car 25 Jul 2008 04:48 GMT
    ... Chinese carmaker found guilty of copying Italy’s Panda car Many Western and Japanese companies accuse Chinese ... lacks the necessary experience to make original cars. (AsiaNews/Agencies) – Western car companies are up ...

  • Booming Auto Sales Help Infrastructure 25 Jul 2008 04:46 GMT
    ... sales rose 41 percent to 1.65 million cars, swollen by demand for models from U.S. ... auto market, and by 2015, the country’s car sales are expected to account for one ... rising incomes fuel demand,” Mikhail Pak, an automotive analyst at IFC Metropol in Moscow, was ...

  • Backseat Driver | Abandon Ship 25 Jul 2008 04:45 GMT
    ... Sixty percent of its 9 million vehicle sales are abroad, and profits are robust there. ... instead, it's 22% and still sinking. Its cars are fine, its pickups and sport utility ... carryforwards. But still, the loss from continuing automotive operations in North America was $3.3 billion ...

  • Toyota's global sales rose 2 percent in 1st-half 25 Jul 2008 04:41 GMT
    ... TOKYO - Toyota sold more than 4.8 million ... said Wednesday. That exceeded General Motors Corp.'s sales of 4.5 million vehicles in the same ... prices. Toyota has a reputation for high-mileage cars such as its hit gasoline-electric Prius hybrid, ...

  • Golfer sues Daimler over ban from golf tournament 25 Jul 2008 03:30 GMT
    ... Singapore - An amateur golfer is taking German ... organized by the company because he sells cars for a rival firm, news reports said ... at the event, Daimler's general manager for sales and marketing Kwek Geok Koon said in ...

  • Gold above 2-week low as oil bounces; platinum up 25 Jul 2008 02:55 GMT
    ... SINGAPORE (Reuters) - Gold gained on Friday as a ... hardest hit as fears of falling global car sales, blamed on a slowing U.S. economy, could ...

  • GM sees sales soar overseas, sink at home 25 Jul 2008 02:53 GMT
    ... companies' continuing battle to be the global automotive leader. Toyota reported preliminary second-quarter sales of ... in North America, make money on small cars and make money in areas they haven't ... costs, cut production of trucks and boost car output to satisfy American consumers' rapidly shifting ...

  • Ficosa and Omron Form JV for ADAS Technology 25 Jul 2008 02:53 GMT
    ... Acquire Media NewsEdge) Ficosa International, a Spanish automotive systems and components maker, and Omron, a ... of technical and production centers in Europe, Asia, South America and the NAFTA area (USA, ... to supply technologies and systems to vehicle manufacturers for new models currently under development. ((Comments ...

  • (3rd LD) Hyundai Motor's Q2 profit dips 10.6 pct, outlook tough 25 Jul 2008 02:31 GMT
    ... (3rd LD) Hyundai Motor's Q2 profit dips 10.6 ... ballooning losses from currency-related derivatives offset higher sales. The near-term outlook for South Korea's largest ... percent, driven by rising demand from small cars overseas because of skyrocketing oil prices. However, ...

  • Price hikes stalled 25 Jul 2008 02:30 GMT
    ... RETAIL :The Internal Trade Department yesterday insisted it has ... yet approved petitions for price increases by manufacturers in 14 categories. Director-general Yanyong Phuangrach said ... categories seeking price increases include auto tyres, car batteries, student shoes, canned fish, fish sauce, detergent, ...

  • Smith International, Inc. Q2 2008 Earnings Call Transcript 25 Jul 2008 02:26 GMT
    ... Good morning ladies and gentlemen. And welcome to ... we have seen significant water treatment equipment sales into West Africa, Asia and markets outside ... I thing we got 5000 trucks and cars in the company. So we actually see ...

  • The Warp And Weft Of Antique Oriental Rug Market 25 Jul 2008 01:16 GMT
    ... Many decorators like Oriental rugs but are put off ... transformed the average auction into a somnolent sales presentation. Nonetheless, says Namnoun, novices sometimes run ... then they drive off in an $80,000 car," she jokes. High-end collectors are driving up ...

  • AGC Europe choose ReadSoft to automate their Accounts Payable process in SAP 25 Jul 2008 00:50 GMT
    ... in Japan, with a strong presence across Asia, Europe and North America. AGC Europe provides ... main activities include AGC Flat Glass who manufactures flat glass products used mainly in the ... mainly in the building industry and AGC Automotive who develops and produces high tech automotive ...

  • Meanwhile, the rest of the world is going nuclear 25 Jul 2008 00:50 GMT
    ... For those of us with longer memories than ... reduce greenhouse gas emissions by 60% in factory built cars not conversions that have been around for a ...


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