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Honda Motor Co Ltd

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  • TOKYO— Nissan's April-June profit jumped 36 percent as the Japanese automaker benefited from a cheap yen and better sales in the U.S. and Europe. Nissan stuck to its forecast for a 485 billion yen annual profit. "Given our on-going product offensive, the benefits of our alliance strategy and continued cost discipline, Nissan is on track to deliver its full-year...

  • The top executive at the maker of Subaru automobiles joked that he would have to wear a helmet on an upcoming trip to the United States. Subaru's U.S. sales have almost doubled in the past four years. Subaru's " Love Promise," in which it pledges to make "a positive impact in the world," has helped build loyal consumers in states like California, New York and Washington.

  • TOKYO, July 28- Japan's Nikkei share average dropped to a more than two-week low on Tuesday as investors worried that a fresh rout in Chinese shares would damage China's economy and as commodity prices tumbled. The dollar was under pressure as China jitters spurred flows into safe haven assets such as the yen, while commodities including oil and copper weakened...

  • That beats the old record of $70 million assessed against Honda Motor Co. for lapses in reporting deaths and injuries to safety regulators. FCA's fine includes $70 million in penalties, at least $20 million to meet performance requirements and $15 million if an independent recall monitor finds any further violations. Fiat Chrysler shares traded in the New...

  • DETROIT— Fiat Chrysler must offer to buy back from customers more than 500,000 Ram pickup trucks and other vehicles in the biggest such action in U.S. history as part of a costly deal with safety regulators to settle legal problems in about two dozen recalls. The Italian-American automaker also faces a record civil fine of up to $105 million.

  • WASHINGTON, July 26- The U.S. auto safety watchdog, toughening its stance against manufacturer defects, announced on Sunday a record $105 million in fines against Fiat Chrysler Automobiles NV over lapses in safety recalls involving millions of vehicles. The $105 million in fines sets a new standard for NHTSA's dealings with car manufacturers, eclipsing the...

  • DETROIT— Fiat Chrysler must offer to buy back from customers more than 500,000 Ram pickup trucks and other vehicles in the biggest such action in U.S. history as part of a costly deal with safety regulators to settle legal problems in about two dozen recalls. The Italian-American automaker also faces a record civil fine of up to $105 million.

  • Fiat faces record $105M fine over recalls Sunday, 26 Jul 2015 | 2:05 PM ET

    Fiat Chrysler is expected to face a $105M penalty for its allegedly inadequate response to 23 recalls, sources told the Financial Times.

  • AP Source: US to hit Fiat Chrysler with record $105M fine Saturday, 25 Jul 2015 | 11:32 PM ET

    DETROIT— The U.S. government will hit Fiat Chrysler with a record $105 million fine next week for violating laws in a series of vehicle safety recalls, a person briefed on the matter said. The National Highway Traffic Safety Administration will reveal the fine on Monday. The fine beats the old record of $70 million assessed against Honda Motor Co. for lapses in...

  • *Toshiba falls after sources say it faces up to $3 bln in charges over accounting scandal. TOKYO, July 16- Nikkei shares rose to a two-week high in early trade in Tokyo on Thursday as overnight comments on U.S. interest rates from Federal Reserve Chair Janet Yellen reinforced expectations that the U.S. economy is on track and steadily improving.

  • Honda's finance arm paying out for discrimination Tuesday, 14 Jul 2015 | 5:50 PM ET
    A sign is shown over the O'Hare Honda car dealership in Des Plaines, Ill.

    Honda Motor will pay $24 million to settle claims that minority borrowers had to pay more than white borrowers.

  • The U.S. Consumer Financial Protection Bureau and Department of Justice said American Honda Finance Corp also would change its pricing and compensation system to reduce the potential for discrimination. American Honda Finance Corporation said in a statement that it opposed discrimination. According to the complaint, Honda charged thousands of...

  • The U.S. Consumer Financial Protection Bureau and Department of Justice said American Honda Finance Corp also would change its pricing and compensation system to reduce the potential for discrimination.

  • *Honda, Mazda target around 10 pct sales rise in 2015. JAKARTA, July 14- Japanese automakers are sticking to their targets in Indonesia in defiance of the longest sales decline in six years, resorting to steep discounts to entice tight-spending consumers into showrooms that remain stubbornly empty. Honda Motor Co Ltd, Nissan Motor Co Ltd and Mazda Motor Corp aim to...

  • TOKYO, July 14- Japanese stocks surged on Tuesday morning to a 1-1/ 2- week high after Greece agreed to a debt deal with its creditors, lifting all sectors while the weaker yen supported overall sentiment. Greece won conditional agreement to receive a possible $95 billion over three years, along with an assurance of talks to bridge a funding gap until a bailout is...

  • *Honda, Mazda target around 10 pct sales rise in 2015. JAKARTA, July 14- Japanese automakers are sticking to their targets in Indonesia in defiance of the longest sales decline in six years, resorting to steep discounts to entice tight-spending consumers into showrooms that remain stubbornly empty. Honda Motor Co Ltd, Nissan Motor Co Ltd and Mazda Motor Corp aim to...

  • *Toshiba underperforms on ongoing false accounting woes. TOKYO, July 13- Japan's Nikkei share average rose on Monday morning after sharp rallies in U.S. shares encouraged investors to buy stocks on dips, but the market stayed wary of developments in Greece. In China, the Shanghai Composite index and the CSI300 index of China's biggest-listed companies were up...

  • Takata says no to fund for victims of faulty airbag Friday, 10 Jul 2015 | 11:11 AM ET
    Sen. Richard Blumenthal holds up an airbag and inflator during a Senate Commerce, Science, and Transportation Committee hearing in Washington last month.

    Takata said that a national compensation fund is not currently required, the New York Times reports.

  • Asian stock markets ended Friday on a positive note as fears surrounding China and Greece eased.

  • *Fast Retailing tumbles on weak domestic sales outlook. TOKYO, July 10- The Nikkei share average rose on Friday morning as surging China markets eased worries, but gains were capped by sharp losses in Fast Retailing Co on its weak domestic sales outlook for the current quarter. In China, the Shanghai Composite index and the CSI300 index of China's biggest listed...