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Hyundai-Kia tie-up falls further behind GM, VW on delivery drop

Bloomberg Third time’s the charm, but not for Korea’s largest carmaking group. Hyundai Motor Co. and affiliate Kia Motors Corp. said they sold 7.25 million autos in 2017, a million short of the companies’ joint target and missing forecasts for the third consecutive year. Deliveries fell to the lowest level since 2012. The group is forecasting a 4.1 percent increase ...

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China to stop production of 553 vehicle models over fuel use

Bloomberg China’s will end the production of 553 passenger-car models that don’t meet fuel-consumption limits amid efforts by the nation to curb pollution. The halt in production was expected to begin on January 1, the China Vehicle Technology Service Center said in a statement Thursday. Models include FAW VW’s Audi FV7145LCDBG sedan, Beijing Benz’s Benz BJ7302ETAL2 sedan and Shanghai GM’s ...

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Coal power pace slows in India as glut leaves plants unused

Bloomberg India is adding the least amount of coal-fired power in more than a decade as tepid demand from indebted state retailers fails to utilise the nation’s existing generation capacity. Coal-fired capacity, which accounts for more than three quarters of the nation’s electricity, rose by 809 megawatts during the April-November period, according to Bloomberg calculations based on the latest available ...

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