Asian markets declined in tepid trade on Tuesday as investors digested a raft of Chinese economic reports and ignored a record close on Wall Street.» Read More
Oct 1- Honda Motor Co Ltd:. *Honda Canada-voluntary recall of about 29,947 Honda accord v6 sedans to. replace power steering feed hose in Canada.
DETROIT-- Honda is recalling 600,000 Accord midsize cars in the U.S. and Canada to fix a faulty power steering hose that can leak fluid and cause a fire. Honda has a report of one fire but no injuries or crashes. Any owner who suspects a leak should take their car to a dealer for inspection, Honda spokesman Ed Miller said Monday.
DETROIT-- Honda is recalling 573,000 Accord midsize cars in the U.S. to fix a defective power steering hose that can leak fluid and catch fire. Honda says one fire was reported but no injuries. The National Highway Traffic Safety Administration says the hoses can deteriorate prematurely, causing cracks and leaks.
Oct 1- Honda Motor Co Ltd is expanding a recall in North America to include more than 600,000 Accord mid-size sedans to address a potential power steering fluid leak problem that could cause a fire under the hood.
In this market, whenever you get some good news Fast traders Guy Adami and Steve Cortes say sell it - be nimble, take the money and run.
Supply disruptions related to the earthquake and related crisis in Japan haven't affected Mercedes-Benz yet, but could down the road, warned Ernst Lieb, the automaker's U.S. CEO, in an interview with CNBC.
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If the US auto industry is to survive, it will have to undergo a major transformation—slashing operations, focusing on fewer models, shedding dealerships and making better cars, analysts say.