Toyota is betting that drivers will embrace hydrogen fuel cells, a technology that runs on the energy created by an electrochemical reaction.» Read More
DETROIT/ FRANKFURT, July 16- German automaker BMW said on Wednesday it is recalling about 1.6 million cars worldwide to replace passenger-side front airbags made by Takata Corp because the inflators could break apart during deployment and injure passengers.
DETROIT— BMW is expanding a recall of its most popular models to fix an air bag problem that is hitting much of the global auto industry. Air bag inflators in systems made by Takata Corp. can rupture. The problem is responsible for millions of recalled vehicles during the past few years made by manufacturers such as Chrysler, Ford, Honda, Mazda, Nissan and Toyota.
*JX Holdings rises on report saying it will build hydrogen stations. TOKYO, July 16- Japan's Nikkei share average was flat on Wednesday morning as investors stayed cautious ahead of China economic data, with weakness in U.S. shares also curbing investors' risk appetites.
Congress begins a five-week summer recess that same day. White House support for the 10- month extension has annoyed some Democrats who are opposed because it would push decisions on long-term funding to a newly elected Congress next year. At the very least, Congress should be keeping people on the job who are already there right now, "Obama said.
In a visit to a government highway research center in Virginia, Obama is expected to tout work on so-called vehicle-to-vehicle and vehicle-to-infrastructure communication technology to improve navigation, according to the White House.
*Fed Chair Janet Yellen's testimony awaited. *Otsuka soars on new drug application to FDA. TOKYO, July 15- Japan's Nikkei share average climbed on Tuesday with all sectors rising, helped by gains on Wall Street on Citigroup's strong earnings and a merger and acquisition deal in the healthcare industry.
Ford Motor Co. rose$. 06 or. 3 percent, to $17.53. General Motors Co. fell$. 26 or. 7 percent, to $37.69. Honda Motor Co. rose$. 31 or. 9 percent, to $35.27.
On the back of commercial launch announcements by Toyota and Hyundai and demand in Japan, Linde started up a production facility with an initial annual capacity of 50 stations a year.
Ford Motor Co. rose$. 04 or. 2 percent, to $17.51. General Motors Co. fell$. 06 or. 2 percent, to $37.89. Honda Motor Co. rose$. 27 or. 8 percent, to $35.23.
SACO, Maine— Many in the movie industry feared the need to convert to digital could be the death knell for drive-ins, but drive-in operators are finding creative ways to afford the switch. Ry Russell, general manager of Saco Drive-In, launched a social-media campaign to win an $80,000 digital projection system in a contest sponsored by Honda.
Ford Motor Co. rose$. 16 or. 9 percent, to $17.46. General Motors Co. rose$. 12 or. 3 percent, to $37.87. Honda Motor Co. fell$. 06 or. 2 percent, to $34.93.
Ford Motor Co. rose$. 06 or. 3 percent, to $17.36. General Motors Co. fell$. 13 or. 3 percent, to $37.63. Honda Motor Co. fell$. 13 or. 4 percent, to $34.86.
WASHINGTON— Dozens of companies, including Apple, Honda and Coca-Cola, have agreed to pay their suppliers more quickly in a bid to boost small businesses, the White House announced Friday.
For the larger companies, the initiative ensures that their own suppliers are robust and "demonstrates a recognition that a healthy supply chain is good for business," the White House said in a statement.
July 8- Acura, the luxury division of Japanese automaker Honda Motors Co Ltd, said it would recall 14,078 model-year 2013-2014 ILX vehicles to replace their halogen projector beam headlights.
DETROIT, July 8- Subaru of America is recalling 8,557 older model cars in the United States equipped with potentially defective air bag inflators made by Japan's Takata Corp, the automaker and U.S. safety regulators said on Tuesday.
*California is one of the biggest markets in U.S. for Honda. *Move comes after Honda learned of air bag incident in California. "While this case does not match the areas that NHTSA has determined, Honda is adding California into the areas in which it is conducting a regional recall in order to investigate the cause," the Honda spokeswoman said.
*Seven& i rises to 6- month high on strong earnings. TOKYO, July 4- Japan's Nikkei share average rose to a 5-1/ 2- month high on Friday as a much-stronger-than-expected U.S. jobs report fueled investors' appetite for riskier assets, while the weak yen lifted exporters.
*Toshiba soars after Nikkei reports Westinghouse in talks to win nuclear deal. TOKYO, July 3- Japanese stocks were flat in a choppy early session on Thursday as investors took time out ahead of the U.S. jobs data later in the day, while Toshiba Corp soared on a report that its U.S. subsidiary is expected to win a deal in Bulgaria.
General Motors Co bucked Wall Street's low expectations as well as negative publicity over a flood of safety recalls, reporting a 1 percent rise in U.S. sales in June. He added that GM's sales remain strong in part because consumers focus on brand names such as Chevrolet and Buick rather than the corporate name " General Motors."