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  • TOKYO, Oct 10- Japan's Toyota Motor Corp announced a massive recall on Wednesday to fix malfunctioning power window switches, saying it will pull back 7.43 million vehicles worldwide in the biggest single recall since 1996, performed by Ford Motor Co. The recall primarily affects cars in the United States, China and Europe.

  • UPDATE 1-China Sept vehicle sales down 1.8 pct yr-on-yr Wednesday, 10 Oct 2012 | 3:57 AM ET

    BEIJING, Oct 10- Vehicle sales in China fell 1.8 percent in September from a year earlier, as Japanese automakers' sales collapsed, adding to downward pressures from a slowing economy and rising fuel costs that have weighed on the world's biggest auto market.

  • Nikkei falls to 2-month closing low on earnings worries Wednesday, 10 Oct 2012 | 3:04 AM ET

    *Toyota falls on vehicle recall, China sales slump. *Tokyo Electron rises after Q2 orders beat expectations. TOKYO, Oct 10- Japan's Nikkei average shed 2 percent to hit a two-month closing low on concerns that coming corporate earnings will be hurt by sluggish global growth, as the IMF cut its forecasts for the second time since April.

  • NEW DELHI, Oct 10- India's car sales are seen growing just 1 percent to 3 percent in the current financial year, an industry body said, slashing its previous estimates as high interest rates and slowing economic growth continue to stifle a once-booming industry.

  • NEW DELHI, Oct 10- India's car sales are seen growing just 1-3 percent in the financial year that ends in March 2013, an industry body said, as it slashed its previous estimate of 9-11 percent on high interest rates and slowing economic growth.

  • China shares inch up, outperform Asia; Hong Kong lower Wednesday, 10 Oct 2012 | 1:37 AM ET

    *ZTE recovers after brokers recommend buying on weakness* China auto stocks rise on rural subsidy report By Vikram Subhedar. HONG KONG, Oct 10- China shares outperformed Asian peers and inched higher on Wednesday led by brokers and oil producers for a second straight day on hopes that Beijing will take more market-boosting steps.

  • India's September car sales fall 5.4 pct Wednesday, 10 Oct 2012 | 1:08 AM ET

    NEW DELHI, Oct 10- Car sales in India fell in September for the second consecutive month, an industry body said on Wednesday, as high interest rates, rising fuel costs and slowing economic growth continued to drag down demand.

  • C-Max Hybrid: A Ford challenges Prius Wednesday, 10 Oct 2012 | 12:29 AM ET

    Ford's newest gasoline-electric vehicle, the C-Max Hybrid, is so roomy, stylish and smart, it's likely to attract buyers before they see the noteworthy 47 miles-per-gallon fuel rating on the window sticker.

  • List of counterfeit air bags-vehicles Wednesday, 10 Oct 2012 | 12:05 AM ET
  • China finance officials to skip Tokyo IMF meeting Tuesday, 9 Oct 2012 | 11:43 PM ET

    TOKYO-- China's central bank governor and finance minister won't be attending IMF and World Bank annual meetings in Tokyo this week, a Japanese official said Wednesday _ cancelations that come as the two Asian giants remain at odds over a cluster of tiny islands both claim.

  • Nikkei hits 2-month low on corporate earnings concerns Tuesday, 9 Oct 2012 | 11:19 PM ET

    TOKYO, Oct 10- Japan's Nikkei average fell to a two-month low on Wednesday on concerns that upcoming corporate earnings for the latest quarter would be hurt by sluggish global growth, as the IMF cut its forecasts for the second time since April.

  • Gov't to warn motorists about counterfeit air bags Tuesday, 9 Oct 2012 | 10:24 PM ET

    WASHINGTON-- The Obama administration is preparing to warn car owners whose air bags have been replaced in the past three years that dangerous counterfeit bags may have been installed, according to auto industry officials who have been briefed by the government.

  • *Tokyo Electron rises after Q2 orders beat expectations. TOKYO, Oct 10- Japan's Nikkei share average fell to a two-month low on Wednesday on concerns that upcoming corporate earnings results for the latest quarter have been hit by slowing global growth.

  • TOKYO, Oct 10- Japan's Nikkei share average is expected to open down on Wednesday and test a one-month low on concerns over companies' latest quarterly earnings results as global growth slows. "The Alcoa results were above market forecast but they were still in the red," said Takashi Hiroki, chief strategist at Monex Inc..

  • Honda will buy fuel for natural gas Civic buyers Tuesday, 9 Oct 2012 | 5:46 PM ET

    TORRANCE, Calif.-- Honda Motor Co. is giving fuel cards worth $3,000 to customers who buy natural gas-powered Honda Civics before the end of this year. Honda began selling the natural gas Civic last fall, but sales have been slow. Honda has sold 1,576 natural gas Civics so far this year.

  • Oct 9- American Honda and natural gas fueling station operator Clean Energy Fuels Corp are offering $3,000 for fillups to customers buying a 2012 Honda Civic Natural Gas car, the companies said on Tuesday. Honda has sold 1,576 of the car, which runs on compressed natural gas, since it was introduced last October, Honda spokesman Marcos Frommer said.

  • GM to Remake Cadillac Under New Boss Tuesday, 9 Oct 2012 | 5:12 PM ET

    General Motors is trying to remake its flagging Cadillac brand with a new chief who will oversee growing the luxury brand around the world.

  • News Summary: Japan cars suddenly lemons in China Tuesday, 9 Oct 2012 | 2:28 PM ET

    The islands, called Senkaku in Japan and Diaoyu in China, were already under Tokyo's control but are also claimed by Beijing. BAD ROAD TRIP: Toyota Motor Corp. said that sales of new vehicles in China dropped 48.9 percent in September from a year earlier.

  • China consumers spurn Japan cars amid islands row Tuesday, 9 Oct 2012 | 7:56 AM ET

    TOKYO-- Sales of Japanese vehicles nosedived in China during September as anti-Japanese sentiment flared over a territorial dispute that threatens to hobble what was a booming business relationship between Japan and its biggest export market.

  • Japan economy shaky as island spat hits business Tuesday, 9 Oct 2012 | 7:51 AM ET

    But the high-pitched row between Beijing and Tokyo over their ownership is exacting a growing toll on Japan, threatening to send its recovery from last year's disasters into reverse.

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