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Automobiles and Components

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  • Toyota finds new air bag issue, recalls more cars Thursday, 27 Nov 2014 | 1:24 AM ET

    TOKYO— Toyota Motor Corp. recalled more than 40,000 vehicles in Japan on Thursday as part of a worldwide scare over defective air bags and is investigating a new type of air bag problem that could lead to further recalls. Toyota's recall for driver-side air bags is the latest in the widening safety problems related to Takata Corp. air bags.

  • *Daihatsu joins list of car makers in Takata recalls. TOKYO, Nov 27- Toyota Motor Corp said on Thursday it would recall 57,000 vehicles globally to replace potentially deadly air bags made by Takata Corp, in a sign that a safety crisis around the Japanese auto parts maker is far from contained. Toyota's action follows a recall by rival Honda Motor Co for the same...

  • Toyota to recall more cars for dangerous Takata air bags Thursday, 27 Nov 2014 | 12:18 AM ET

    TOKYO, Nov 27- Toyota Motor Corp said on Thursday it would recall 57,000 vehicles globally to replace potentially deadly air bags made by Takata Corp, in a sign that the safety crisis surrounding the Japanese auto parts maker is far from contained. Toyota's action follows a recall by rival Honda Motor Co for the same problem two weeks ago after revelations of a...

  • Should Takata's recall go nationwide?     Wednesday, 26 Nov 2014 | 8:45 PM ET

    Scott Upham, Founder, President & Chief Executive at Valient Market Research, says the U.S. National Highway Traffic Safety Administration can force the airbag maker to issue recalls.

  • Honda recalled cars with Takata air bags in 2002 Wednesday, 26 Nov 2014 | 6:26 PM ET
    A man arranges airbag cushions at a plant for Japanese car parts maker Takata Corp.

    Honda Motor recalled a small number of cars equipped with Takata Corp air bags in March 2002, two years before the first known injury.

  • DETROIT, Nov 26- Chrysler Group LLC will send recall notifications to owners of vehicles equipped with potentially defective Takata Corp air bags nearly two weeks earlier than planned, the company said late Wednesday. Chrysler's delay in alerting owners of potential defects in the Takata air bags "exacerbates the risk to motorists' safety," the NHTSA said in a...

  • DETROIT, Nov 26- Honda Motor Co recalled a small number of cars equipped with Takata Corp air bags in March 2002, two years before the first known injury that Honda and Takata have linked to a defective air bag inflator, Reuters has learned. Since 2008, Honda and nine other manufacturers have recalled more than 10 million cars in the United States and more than 16...

  • DETROIT, Nov 26- Honda Motor Co recalled a small number of cars equipped with Takata Corp air bags in March 2002, two years before the first known injury that Honda and Takata have linked to a defective air bag inflator, Reuters has learned. Since 2008, Honda and nine other manufacturers have recalled more than 10 million cars in the United States and more than 16...

  • DETROIT, Nov 26- Chrysler Group LLC must expand its regional recall of vehicles with Takata Corp air bags and begin notifying customers of the action by Monday, the U.S. National Highway Traffic Safety Administration said. Chrysler's delay in alerting owners of potential defects in Takata air bags "exacerbates the risk to motorists' safety," the NHTSA said in a...

  • Delphi's Korean JV partner complicates unit sale -sources Wednesday, 26 Nov 2014 | 10:35 AM ET

    Delphi's Thermal Systems business has caught the eye of France's Valeo, Germany's Mahle and Japan's Denso and a sale could fetch more than $700 million. Delphi and South Korean companies Erae and Daewoo jointly hold a company called Kdac, which had sales of $1.2 billion in 2013, a quarter of which it generated in its heating, ventilation, and air conditioning...

  • DETROIT, Nov 26- Chrysler Group LLC must expand its recall of vehicles with Takata Corp air bags and begin notifying customers of the action by Monday, the U.S. National Highway Traffic Safety Administration said. The Fiat Chrysler Automobiles unit is at the "rear of the pack" among automakers in telling its customers of the possible dangers of Takata's air bags,...

  • *Honda drops on under-reporting of accidents. Honda led the Nikkei's losses, falling 2.8 percent after admitting it had failed to report serious accidents in the U.S. since 2003. The automaker has been at the centre of investigations into defects in Takata Corp airbags. Investors are likely to take profits after recent gains on the back of the Bank of Japan's...

  • DETROIT, Nov 25- U.S. safety regulators have closed investigations into about 500,000 Ford Motor Co and about 100,000 General Motors Co vehicles without calling for recalls, the National Highway Traffic Safety Administration said on Tuesday. The Ford vehicles involved were 2004 to 2007 model year Ford Crown Victoria, Mercury Grand Marquis and Mercury...

  • Honda admits failing to report deaths, injuries Monday, 24 Nov 2014 | 4:55 PM ET

    DETROIT— Honda is admitting that it failed to report more than 1,700 injury and death claims about its vehicles to U.S. safety regulators, a violation of federal law. The agency said at the time that Honda may have failed to report incidents related to air bags made by Takata Corp. as well as other defective parts. Honda has recalled more than 5 million vehicles in...

  • WASHINGTON, Nov 24- South Korean parts makers Continental Automotive Electronics LLC and Continental Automotive Korea Ltd have agreed to plead guilty to rigging bids for parts sold to car makers, the U.S. Department of Justice said on Monday. The devices were sold to Hyundai Motor Co and Kia Motors Corp, and the conspiracy ran from about 2004 to 2012, the...

  • Honda said in a statement that its count of underreported claims came from a third-party audit. Honda and Japanese supplier Takata Corp have been at the center of investigations of defects in Takata air bags. Since 2008, Honda has recalled more than 7.5 million U.S. cars because defects can cause the inflators in some Takata air bags to rupture, spraying metal...

  • Woman cleared in fatal car wreck after GM letter Monday, 24 Nov 2014 | 3:05 PM ET

    HOUSTON— A Texas judge cleared a woman Monday for a car accident that killed her fiance in 2004, after General Motors acknowledged that her car would have been among millions being recalled for a problem that may have contributed to the death. Candice Anderson was driving a 2004 Saturn Ion when it suddenly veered off a road about 60 miles east of Dallas and...

  • Automakers aim to drive away car computer hackers Monday, 24 Nov 2014 | 9:19 AM ET

    LOS ANGELES— Against the team of hackers, the poor car stood no chance. Meticulously overwhelming its computer networks, the hackers showed that— given time— they would be able to pop the trunk and start the windshield wipers, cut the brakes or lock them up, and even kill the engine. "You're stepping into a rolling computer now," said Chris Valasek, who helped catapult car...

  • SEOUL, Nov 24- U.S. automotive parts maker Visteon Corp has signed a preliminary deal to sell its controlling stake in South Korea's Halla Visteon Climate Control Corp to a local private equity firm for $3.6 billion, Korean media reports said. The Korea Economic Daily said on Monday Visteon plans to sign a final deal to sell its 69.99 percent stake in Halla Visteon...

  • Maybach magic: Mercedes readies big, pricey S600 Sunday, 23 Nov 2014 | 5:06 PM ET
    The new Mercedes-Benz Maybeck S 600 unveiled at the 2014 L.A. Auto Show.

    The new Mercedes-Maybach S600 will be the biggest vehicle in the German maker's luxury line-up--and its priciest--when it hits showrooms next year.