TOKYO, April 11- Four Japanese automakers including Toyota Motor Corp, Nissan Motor Co and Honda Motor Co are recalling a total of about 3.4 million vehicles worldwide as a result of an airbag problem, the companies said on Thursday. Japanese auto parts maker Takata Corp spokesman Toyohiro Hishikawa said the company supplied the airbags related to the recalls.
DETROIT, April 9- One of China's largest auto parts makers said it will construct a $200- million factory to build a radical new engine developed by a suburban Detroit startup. The plant, about 150 miles west of Shanghai in Anhui province, will have an annual capacity of 150,000 and will also supply engines to EcoMotors for sale to its own customers.
DETROIT, March 28- The United Auto Workers union said on Thursday it added members for the third straight year in 2012, as it organized workers from casinos as well as auto parts companies in Alabama and Kentucky, the union said on Thursday. The union is active in trying to organize workers at two Tennessee auto plants and one in Mississippi.
TOKYO/ HONG KONG March 26- KKR& Co agreed to sell Intelligence Holdings to Temp Holdings for 68 billion yen, almost double what the U.S. buyouts firm initially paid for the temporary staffing agency three years ago.
SHANGHAI/ HONG KONG, March 6- China's campaign to get the world using its currency, the yuan, is hitting headwinds in corporate boardrooms, raising doubts as to whether it will ever challenge the dominance of the U.S. dollar in global trade and finance.
GENEVA, March 5- The production restart for Fisker Automotive Inc's flagship Karma plug-in hybrid vehicle is a "couple of months" away, Fisker co-founder Barney Koehler said on Tuesday. The restart is contingent on a deal with Fisker's battery supplier, A123 Systems Inc, which was purchased by Wanxiang Group, China's largest auto parts maker.
*Union still wants to organize southern auto plants. DETROIT, March 5- United Auto Workers President Bob King says he has finally begun to stem the decades-long membership decline in one of America's most powerful labor unions, but his goal of organizing at least one foreign-owned automaker in the South continues to elude him.
*Sees 2013 total sales of $32 bln- $33.4 bln. *Sees 2013 total production sales of $27 bln- $28 bln. TORONTO, March 1- Canadian auto parts maker Magna International Inc raised its full-year sales forecast on Friday and sweetened its quarterly dividend after a fourth-quarter performance that beat expectations.
DETROIT, Feb 15- Auto parts supplier TRW Automotive Holdings Corp posted a stronger-than-expected quarterly profit on Friday. Net income in the fourth quarter slipped to $419 million, or $3.26 a share, compared with $425 million, or $3.27 a share, in the year-earlier period. The company said increasing demand in North American and China offset weakness in Europe.
*Sees growing consumer class in Indonesia, India and Russia. JAKARTA, Feb 14- Nissan Motor Co considers Indonesia key to its bid to resurrect Datsun next year-- a brand name retired in the early 1980 s-- as a sub- $10,000 no-frills car to drive growth in emerging market sales.
DuckDuckGo CEO Gabriel Weinberg says web traffic on his search engine, billed as an alternative to Google that doesn't store your private information, surged 33 percent after the NSA news broke. Weinberg discusses the model of his search engine, and how the company makes money.
Wednesday, 19 Jun 2013 | 6:31 AM ETJohn Silvia, Wells Fargo Securities, and Barbara Marcin, Gabelli Dividend Income Fund, discuss whether investors should reconsider allocating their portfolios as the Fed wraps up its two-day policy meeting.
Wednesday, 19 Jun 2013 | 8:53 AM ETKen Langone, Invemed Associates chairman and president, called Fed Chairman Ben Bernanke a "lame duck."