The head of Indonesia's largest automobile distributor supports the government's decision to cut fuel subsidies, even though it could impact the company's revenue.
An executive from Japan's Takata Corp told U.S. senators on Thursday that the company may not be able to move quickly enough with air bag fixes.
About 14 million autos have been recalled globally due to air bags that have ruptured, injuring passengers. Here's a primer on how they work.
Asian equity markets were mixed, as traders reacted to key economic data from Japan and China. Declining commodity prices also weighed on resource-heavy bourses in the region.
Toyota will introduce its first mass-market fuel cell car next month, hoping to replicate the success of its Prius hybrid.
Now that the price of gasoline has fallen to less than $3 a gallon in much of the country, demand for light trucks has been soaring.
Takata is the subject of a U.S. criminal investigation, and executives from the company and Honda are expected to face hearings in the coming week.
Asian markets traded mixed on Thursday, with Tokyo continuing to outperform on speculations of a delayed sales tax hike and snap elections.
Takata whose potentially defective air bags have been linked to four deaths in the United States, is likely to warn of a bigger full-year loss.
Asia stocks were under pressure on Wednesday amid concerns over oil and Chinese growth, but Japanese markets continued to outperform the region.
Some of the names on the move ahead of the open.
Critics of geographic recalls say they are irresponsible and ignore many realities of the marketplace, including the mobility of drivers.
Asian equity markets followed their U.S. peers higher on Wednesday ahead of the Federal Reserve's policy statement.
Asian equities were mixed on Tuesday ahead of a Federal Reserve meeting with China's benchmark index outperforming the region following strong data.
Honda Motor reported a 4.1 percent fall in second-quarter profit, as it struggles with product recalls that could delay the development of new models.
Japan's Takata is unlikely to be dumped by its automaker customers given the cost and disruption of such a move - for now.
With gas prices down, analysts say it will be even more difficult to persuade buyers to opt for vehicles that plug in rather than tank up.
The problems for Takata grew after U.S. safety regulators expanded a warning about faulty air bags to 6.1 million vehicles in the United States.
The NHTSA said on Monday that certain car owners should "act immediately" to replace defective Takata airbags, affecting 4.7 million vehicles.
Japan's economy is in the spotlight in Asia's business calendar this week as investors look to a suite of economic indicators for signs of recovery following a sales tax hike earlier this year.