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Beijing bling: Hyundai plots China branding reboot after missile row

SEOUL/BEIJING Bruised by anti-Korean sentiment in its biggest market and losing ground to local automakers, Hyundai Motor will open its first Chinese brand store, and may locally assemble its premium Genesis cars and accelerate the launch of a sport-utility vehicle (SUV), people familiar with the plans said.

Latest Auto News

BRIEF-Gaz recommends dividend of RUB 1.58 per preferred share for 2016

* RECOMMENDS DIVIDEND OF RUB 1.58 PER PREFERRED SHARE FOR 2016

9:51am EDT
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BMW says shortage of parts from Bosch hampers production

FRANKFURT German carmaker BMW said a shortage of steering gears supplied by Robert Bosch [ROBG.UL] slowed production of several of its compact and mid-sized models and caused stoppages at its plants in South Africa and China.

9:28am EDT

BRIEF-India's Hindustan Motors March-qtr loss narrows

* Net loss in march quarter last year was 84.8 million rupees; total revenue 5.2 million rupees

9:09am EDT

UPDATE 1-BMW says shortage of parts from Bosch hampers production

* Bosch says Italian sub-supplier is to blame (Adds Bosch statement)

9:09am EDT

BRIEF-Scooters India posts March-qtr loss

* March quarter net loss 37.1 million rupees versus profit 38.8 million rupees year ago

8:19am EDT

EU ministers agree car approval rules after dieselgate

BRUSSELS EU ministers agreed on Monday on draft new rules for approving cars for sale in order to prevent a repeat of the Volkswagen emissions scandal and giving the European Commission the power to fine cheating manufacturers directly.

7:09am EDT

UPDATE 1-EU ministers agree car approval rules after dieselgate

BRUSSELS, May 29 EU ministers agreed on Monday on draft new rules for approving cars for sale in order to prevent a repeat of the Volkswagen emissions scandal and giving the European Commission the power to fine cheating manufacturers directly.

7:07am EDT

BMW says shortage of parts from Bosch hampers production

FRANKFURT, May 29 German carmaker BMW said a shortage of steering gears supplied by Robert Bosch slowed production of its 1 series, 2 series, 3 series and 4 series BMW models and caused stoppages at its plants in South Africa and China.

6:07am EDT

Peugeot-Citroen recalls 30,000 cars in Russia

MOSCOW, May 29 Peugeot-Citroen has informed about voluntary recall of 30,000 cars of Citroen C4 hatchback/DS4 model sold in Russian between January 2011 and June 2016, the Russian standards agency said on Monday.

4:59am EDT

BRIEF-SocGen's ALD to buy BBVA Autorenting

* SocGen's ALD has signed an agreement to acquire BBVA Autorenting, the Spanish full-service leasing subsidiary of BBVA

2:39am EDT

BRIEF-Precision Camshafts gets global contract from Ford for delivery of 8 mln camshafts

* Says won a global contract from Ford for delivery of circa 8 million camshafts

1:31am EDT

China auto ABS motors ahead, despite bond slowdown

* Car-loan securitisations buck downbeat trend for corporate credit

May 28 2017

DIARY-Malaysia 2017 corporate earnings

Following is a list of release dates for the quarterly earnings of some top Malaysia-listed companies. All dates are confirmed except those marked by a "TBD", which means it will be released around those dates. To submit a date, email: liz.lee@thomsonreuters.com TBD: To be determined Company RIC PERIOD DATE AirAsia Bhd Q1 May 25 AMMB Holdings Bhd Q4 May 25-29 Astro Malaysia Holdings Bhd Q1 May 29-Jun 2 Axiata Group Bhd Q1 May 25 British American Tobacco Q1 Apr 20 (Malaysia) Bhd MISC Bhd Q1 May 4 CIMB Group Holdings Bhd Q1 May 24-29 DiGi.com Bhd Q1 Apr 28 Felda Global Ventures Q1 May 22-26 Holdings Bhd Genting Malaysia Bhd Q1 May 22-26 Genting Bhd Q1 May 22-26 Hong Leong Bank Bhd Q3 May 22-26 Hong Leong Financial Group Q3 May 22-26 Bhd IHH Healthcare Bhd Q1 May 19 IOI Corporation Bhd Q3 May 16 Kuala Lumpur Kepong Bhd Q1 May 15-19 Malayan Banking Bhd Q1 May 25 Maxis Bhd Q1 Apr 27 Petroliam Nasional Bhd Q1 TBD Petronas Chemicals Group Bhd Q1 May 15 PPB Group Bhd Q1 May 25 Petronas Dagangan Bhd Q1 May 19 Petronas Gas Bhd Q1 May 16 Public Bank Bhd Q1 Apr 20 RHB Bank Bhd Q1 May 22-26 Sime Darby Bhd Q1 May 31 Tenaga Nasional Bhd Q2 Apr 27 Telekom Malaysia Bhd Q1 May 23-29 IOI Properties Group Bhd Q3 TBD UMW Holdings Bhd Q1 May 23 Sapura Energy Bhd Q3 TBD YTL Corporation Bhd Q3 May 24-29 AirAsia X Bhd Q1 May 23

May 28 2017
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Supply problems hit production at BMW: Focus

FRANKFURT Problems at one of its suppliers has forced German carmaker BMW to halt production in Leipzig and could hit its plants in China and South Africa, German magazine Focus reported in its online edition.

May 28 2017

Supply problems hit production at BMW -Focus

FRANKFURT, May 28 Problems at one of its suppliers has forced German carmaker BMW to halt production in Leipzig and could hit its plants in China and South Africa, German magazine Focus reported in its online edition.

May 28 2017

GM says ISS advises against Greenlight share plan, board nominees

May 27 General Motors Co said on Saturday that proxy advisory firm Institutional Shareholder Services has recommended that shareholders vote against a slate of directors proposed by hedge fund Greenlight Capital and reject the hedge fund's plan to divide GM shares into two classes.

May 27 2017
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GM says ISS advises against Greenlight share plan, board nominees

General Motors Co said on Saturday that proxy advisory firm Institutional Shareholder Services has recommended that shareholders vote against a slate of directors proposed by hedge fund Greenlight Capital and reject the hedge fund's plan to divide GM shares into two classes.

May 27 2017

GM says ISS advises against Greenlight share plan, board nominees

May 27 General Motors Co said on Saturday that proxy advisory firm Institutional Shareholder Services has recommended that shareholders vote against a slate of directors proposed by hedge fund Greenlight Capital and reject the hedge fund's plan to divide GM shares into two classes.

May 27 2017

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