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Product Recalls

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  • TOKYO, Feb 5- Japanese auto parts maker Takata Corp booked nearly $30 million in extra charges to cover vehicle recalls to replace potentially deadly air bag inflators, as well as other costs, pushing it to a bigger loss this year than previously forecast. Takata, at the center of a long-running global recall crisis, said on Thursday said it booked a total special...

  • Whole Foods issues macadamia nut recall Wednesday, 4 Feb 2015 | 7:29 PM ET
    A man walks into Whole Foods Market in the Brooklyn borough in New York.

    Whole Foods has recalled macadamia nuts due to potential Salmonella contamination, according to consumer advocacy site Consumerist.

  • Remington settlement triggers questions  Wednesday, 4 Feb 2015 | 9:48 AM ET

    CNBC's Scott Cohn reports the latest details on a landmark class action suit allegedly involving millions of defective Remington rifles.

  • GM CFO: GM seeks to raise dividends  Wednesday, 4 Feb 2015 | 7:54 AM ET

    CNBC's Phil LeBeau, and Chuck Stevens, General Motors EVP & CFO, break out the automaker's quarterly results. The expansion cycle in the U.S. has room to run, says Stevens.

  • Feinberg: 51 deaths eligible for GM compensation Monday, 2 Feb 2015 | 9:18 AM ET
    Kenneth Feinberg, administrator of the GM compensation fund, waits to begin testifying before a Senate committee in July.

    Kenneth Feinberg's designation far surpasses GM's eligibility number of 13 deaths.

  • GM claims deadline passes  Monday, 2 Feb 2015 | 7:02 AM ET

    CNBC's Phil LeBeau and Kenneth Feinberg, Feinberg Rozen and administrator of the GM faulty ignition-switch compensation fund, discuss the latest details on General Motor's ignition recall program.

  • US recalls 2.1M vehicles in new air bag issue Saturday, 31 Jan 2015 | 12:13 PM ET
    2003-2004 Toyota Corolla S

    The auto industry's troubles deepened as regulators said automakers will recall about 2.1 million older vehicles to fix airbag defects.

  • Jan 31- The remedy in the latest U.S. vehicle recall announced on Saturday involves replacing the entire air bag module, including circuits manufactured by TRW automotive holdings, the head of the National Highway Traffic Safety Administration said. NHTSA Administrator Mark Rosekind told reporters the recall was prompted by 400 reported inadvertent air...

  • Toyota Motor Corp, Fiat Chrysler Automobiles NV and Honda Motor Co have issued three earlier recalls to fix problems with a defective chip in the affected airbag systems. The latest air bag recalls were not related to a wider issue involving millions of vehicles recalled over Takata Corp air bags. U.S. safety regulators have said defective Takata air bag...

  • REMEDY IN LATEST VEHICLE RECALL INVOLVES REPLACING ENTIRE AIR BAG MODULE, INCLUDING CIRUITS MANFACTURED BY TRW AUTOMOTIVE HOLDINGS- U.S.

  • Honda cuts profit guidance as recall costs bite Friday, 30 Jan 2015 | 12:31 PM ET
    A sign is shown over the O'Hare Honda car dealership in Des Plaines, Ill.

    Honda cut its annual profit forecast as it set aside more cash to cover an expanded recall of cars to replace potentially faulty air bags.

  • Honda cuts profit target as air bag recalls bite Friday, 30 Jan 2015 | 2:22 AM ET
    A sign is shown over the O'Hare Honda car dealership in Des Plaines, Ill.

    Japan's Honda Motor Co sliced 6.5 percent off its core annual profit forecast.

  • TOKYO, Jan 30- Japan's Honda Motor Co sliced 6.5 percent off its core annual profit forecast as it set aside hundreds of millions of dollars in extra cash to cover an extended car recall to replace potentially faulty air bags made by Takata Corp.. Still, Honda's Executive Vice President Tetsuo Iwamura said, "We are not seeing a big impact on sales in North America...

  • TOKYO, Jan 30- Japan's Honda Motor Co on Friday cut its annual operating profit forecast by 6.5 percent as it set aside more cash to cover an expanded recall of cars to replace potentially faulty air bags made by supplier Takata Corp. Honda also said it now expects to sell a total of 4.45 million cars this fiscal year, down from the 4.62 million it previously forecast,...

  • Tracking the massive recall of Takata airbags  Thursday, 29 Jan 2015 | 7:33 PM ET

    Jessica Caldwell, Senior Analyst at Edmunds.com, discusses news of another fatal crash that could possible be linked to the defective driver-side airbags made by Japan's Takata.

  • Ford recalls 205,000 vehicles, including police cars Wednesday, 28 Jan 2015 | 12:54 PM ET

    Ford Motor on Wednesday issued two safety recalls to fix an interior door handle issue.

  • Some 552,135 Rogues from model years 2008 and 2013 will be recalled because moisture could seep through the driver side floor and cause an electrical short to wiring that could lead to a fire, Nissan and the National Highway Traffic Safety Administration said. No crashes or injuries have been reported due to the wiring issue, a Nissan spokesman said on...

  • TOKYO, Jan 16- Japanese Transport Minister Akihiro Ohta said on Friday his ministry was considering whether to revise existing laws to beef up oversight of auto parts suppliers in the wake of massive recalls of auto parts maker Takata Corp's air bags. The spate of Takata- related recalls- more than 20 million cars have been recalled worldwide over faulty air bags-...

  • TOKYO, Jan 16- Japanese Transport Minister Akihiro Ohta said on Friday the ministry was considering whether it needs to revise existing laws to inspect auto parts companies in the wake of massive Takata Corp recalls. Millions of cars have been recalled worldwide over Takata's air bags, which can explode with too much force and spray shrapnel in cars.

  • CHICAGO, Jan 14- A Massachusetts meat company is recalling 33,948 pounds of ground beef products that may be contaminated with plastic materials, the U.S. Department of Agriculture's Food Safety and Inspection Service said on Wednesday. The agency said J&G Foods, Inc, in Sutton, Massachusetts recalled the product that consists of one-pound vacuum sealed...