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Honda Motor Co Ltd

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  • WASHINGTON/ DETROIT, May 19- Japanese air bag manufacturer Takata Corp has agreed to declare nearly 34 million vehicles defective due to problems with air bag inflators, creating the largest automotive recall in American history, U.S. safety regulators said on Tuesday. Transportation Secretary Anthony Foxx said NHTSA also issued a consent order to Takata,...

  • WASHINGTON, May 19- Japanese air bag manufacturer Takata Corp is expected to declare about 33.8 million vehicles defective on Tuesday, a move that is expected to lead to the largest auto recall in U.S. history, the Detroit News reported, citing three officials briefed on the announcement. Takata had no immediate comment on the report. The number of vehicles with...

  • Takata air bag recall doubles to nearly 34 million Tuesday, 19 May 2015 | 1:54 PM ET

    WASHINGTON— Under pressure from U.S. safety regulators, Takata Corp. has agreed to declare 33.8 million air bags defective, a move that will double the number of cars and trucks included in what is now the largest auto recall in U.S. history. "We know that owners are worried about their safety and the safety of their families," said Mark Rosekind, head of the National...

  • *Chiyoda rises on liquefied natural gas project. TOKYO, May 19- Japanese stocks rose to a three-week high on Tuesday thanks to Wall Street's record close and a surge in companies announcing higher shareholder returns. "When risk appetite recovers investors start to pay more attention to stock valuations," said Hiroyuki Nakai, chief strategist at Tokai Tokyo...

  • May 18- The Obama administration on Monday escalated a running regulatory battle with Fiat Chrysler Automobiles NV, saying it could impose "multiple penalties" on the automaker and order a public hearing to examine FCA's handling of 20 recalls affecting more than 10 million vehicles. The National Highway Traffic Safety Administration said Fiat Chrysler...

  • *No need to change capital alliance with Renault- Nissan's Ghosn. YOKOHAMA, Japan, May 18- Nissan Motor Co Ltd CEO Carlos Ghosn said on Monday he did not think there was any need to change the automaker's capital alliance with Renault at present after France raised its stake and voting rights in Renault last month. The government of France, which owns almost 20...

  • DETROIT, May 18- For the fifth straight year, Toyota Motor Corp and Honda Motor Co topped a study of automakers with U.S. plants in supplier relations, helping them get the best parts at the lowest cost. Toyota was the tops in supplier relations, followed closely by Honda. Ford Motor Co was a distant third, followed by Nissan Motor Co. General Motors Co and Fiat Chrysler...

  • TOKYO, May 18- Japan's Nikkei share average rose on Monday morning to a 2-1/ 2- week high, bolstered by gains in the insurance sector after Dai-ichi Life announced higher shareholder payouts. "Investors finally started looking to domestic catalysts after worries about volatility in global bond markets receded," said Hikaru Sato, a senior technical analyst at...

  • Honda on Friday unveiled a new model with an unusual sales pitch- fuel efficient, lots of cargo space and, by the way, no air bag inflators made by Takata, the Japanese supplier at the centre of a global safety crisis that has rocked both companies. Over the past five years, recalls have ballooned to include 36 million vehicles fitted with potentially lethal Takata...

  • TOKYO, May 15- Honda Motor Co could see an impact on sales in Japan from its plans to recall some 5 million cars to replace potentially fatal air bags made by Japan's Takata Corp, a top executive said on Friday. It also comes after investigations showed that some Takata air bag inflators were not sealed properly, allowing moisture to seep into the propellant casing,...

  • TOKYO, May 15- Honda Motor Co could see an impact on sales in Japan from this week's recall to replace potentially fatal air bags, a top executive said on Friday. Honda said a day earlier it was recalling another 4.9 million cars fitted with air bag inflators made by Japan's Takata Corp, as investigations showed that some inflators were not sealed properly,...

  • WASHINGTON, May 14- A former executive of Japanese auto parts maker T.RAD Co Ltd was indicted on Thursday on one charge of fixing the prices of radiators sold to car makers, the Justice Department said. Michitaka Sakuma, former executive managing director of T.RAD, was accused of coordinating with other auto parts makers to illegally set the prices of radiators...

  • Honda adds to air bag recall; tally rises to 36M Thursday, 14 May 2015 | 9:43 AM ET
    A Honda vehicle is on display in front of its headquarters in Tokyo.

    Honda Motor recalled close to 5 million vehicles fitted with potentially faulty Takata air bag inflators.

  • TOKYO, May 14- Honda Motor Co on Thursday recalled close to 5 million vehicles fitted with potentially faulty Takata Corp air bag inflators, as investigations showed the problem behind one of the biggest auto safety crises may be more widespread than thought. Honda said it decided to recall the cars after finding some Takata bag inflators were not sealed...

  • TOKYO— A massive new recall from Honda of vehicles with Takata air bags Thursday has brought the total recalls for the potentially deadly devices to more than 33 million. Honda Motor Co. recalled an additional 4.89 million vehicles around the world for a new type of problem in Takata Corp. air bag inflators, a day after Japanese rivals Toyota and Nissan...

  • TOKYO, May 14- Honda Motor Co and Daihatsu Motor Co said on Thursday they would recall more than 5 million cars to replace potentially fatal air bag inflators made by Japan's Takata Corp, already at the centre of one of the biggest automotive recalls to date. Honda has so far borne the brunt of the recalls linked to the Takata air bag inflators, which can erupt with too...

  • TOKYO, May 14- Honda Motor Co said on Thursday it would recall another 4.8 million cars globally to replace potentially fatal air bag inflators made by Japan's Takata Corp, already at the center of one of the biggest automotive recalls to date. The recall comes a day after Toyota Motor Corp and Nissan Motor Co said they were taking back some 6.5 million vehicles...

  • Early movers: DAL, PLL, HUM, VZ, KMB, FB & more Wednesday, 13 May 2015 | 7:56 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • TOKYO, May 13- Japan's three biggest carmakers said on Wednesday they would expand a huge global recall triggered by potentially fatal air bags made by Takata Corp, saying they were taking back millions of vehicles worldwide for investigation. The Takata- linked recall is now on par with a General Motors Co recall of some 30 million vehicles last year for a range...

  • TIMELINE-Takata air bag recalls Wednesday, 13 May 2015 | 3:31 AM ET

    Honda and Takata deny fault and settle for an undisclosed sum. Her family sues Honda and Takata for more than $75 million in April 2011, claiming they knew of the air bag problems as early as 2004. Honda and Takata settle in January 2013 for $3 million, according to court documents. April 27- Honda recalls 896,000 Honda and Acura 2001-03 cars in order to find...