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Honda Motor Co Ltd

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  • TOKYO, June 12- Honda Motor Co said on Friday it would restate its financial results for the last business year, to account for about $360 million in additional costs to pay for an expanded recall of cars equipped with air bag parts made by Takata Corp.. Japan's third-largest automaker said in a statement it estimated additional spending of 44.8 billion yen after...

  • TOKYO, June 12- Honda Motor Co said on Friday it expects to spend 44.8 billion yen in quality-related costs to pay for the recall of cars fitted with air bag parts made by Takata Corp after the supplier agreed to an expanded recall in the United States. Japan's third-largest automaker said there was no change to its dividend and profit forecasts for the current...

  • Nikkei choppy after sharp rally, Toshiba falls Thursday, 11 Jun 2015 | 10:36 PM ET

    *Toshiba falls to 2- week low on report it will likely admit internal controls were inadequate. TOKYO, June 12- Japanese stocks were choppy in early trade on Friday, as investors were cautious after another turn for the worse in Greece's debt talks, while Toshiba Corp fell on a report that it will likely admit internal controls were inadequate.

  • DETROIT, June 10- The number of vehicles on U.S. roads with potentially defective Takata air bags appears to be less than half the 34 million initially estimated by federal regulators, according to a Reuters analysis of recall records submitted to the watchdog and confirmed by the car companies. About 16.2 million vehicles- roughly one out of every 16 cars on U.S....

  • WASHINGTON, June 10- U.S. auto safety regulators said on Wednesday that they are looking into a possible seventh death linked to defective Takata air bag inflators, a Louisiana woman who died after her 2005 Honda Civic hit a utility pole in the early hours of April 5. A lawsuit filed on Monday in U.S. District Court by the family of the victim, 22- year-old Kylan Rae...

  • TOKYO, June 10- Japanese stocks fell to a three-week low on Wednesday, erasing earlier gains after Bank of Japan Governor Haruhiko Kuroda said that the yen was not likely to weaken much further. "Kuroda basically put a brake on the recent weakness of the yen," said Norihiro Fujito, senior investment strategist at Mitsubishi UFJ Morgan Stanley Securities.

  • *Nintendo rises after BOFA Merrill Lynch hikes rating. *Truck makers fall after Citi cuts ratings. "Money is fleeing from advanced markets including Japan, the U.S. and Europe, so more selling is possible," said Eiji Kinouchi, chief technical analyst at Daiwa Securities.

  • *Concerns over Greece remains drag on market. TOKYO, June 9- Japan's Nikkei share average slid to a 2-1/ 2- week low on Tuesday morning pressured by worries about Greece's precarious financial position, while the prospect of a September lift-off for U.S. interest rates also sapped confidence. Market sentiment was bruised by speculation of a U.S. rate increase as...

  • DETROIT, June 4- At least 400,000 of the 4 million replacement inflators for defective Takata air bags will need to be replaced again in U.S. vehicles, sources at the Japanese safety equipment maker and the U.S. safety watchdog told Reuters. Takata Corp in mid-May told the National Highway Traffic Safety Administration that nearly 34 million air bag inflators in...

  • DETROIT, June 4- At least 400,000 of the 4 million replacement inflators for defective Takata air bags will need to be replaced again in U.S. vehicles, sources at the Japanese safety equipment maker and the U.S. safety watchdog told Reuters. An official at the National Highway Traffic Safety Administration told Reuters on Wednesday that it was up to Takata Corp...

  • Nikkei steps back on profit-taking after long rally Tuesday, 2 Jun 2015 | 10:26 PM ET

    *Profit-taking set in after 12- day rally until Monday. TOKYO, June 3- Japanese shares slipped on Wednesday as investors booked profits from the market's longest rally in more than three decades, with interest rate sensitive stocks sold the most after bond yields rose globally. Things don't move up in a straight line, "said Stefan Worrall, director of equity at...

  • Shanghai stocks climb 1.7% amid regional slump Tuesday, 2 Jun 2015 | 3:05 AM ET
    An investor and the electronic board at a stock exchange hall on May 25, 2015, in Beijing.

    As regional bourses stumbled on the back of a slew of central bank decisions, Shanghai stocks outperformed on Tuesday.

  • June 1- Takata Corp has told U.S. safety regulators it will no longer use a volatile chemical in its air bag inflators, which have been linked to six deaths since 2008.. The agreement to stop using ammonium nitrate was detailed by Takata executive Kevin Kennedy, in written testimony ahead of a hearing before a U.S. House panel on Tuesday. Discovery of a root cause of...

  • *Toshiba up after govt approves late annual report submission. TOKYO, June 1- Japan's Nikkei share average fell on Monday morning, imperiling an 11- day winning streak, after U.S. stocks languished as weak economic data dented investor sentiment, triggering profit-taking on exporters. "After rising for so many days, it's natural to see a correction," Hikaru Sato, a...

  • GM recalls heavy duty trucks with Takata air bags Friday, 29 May 2015 | 5:02 PM ET

    DETROIT, May 29- General Motors Co is recalling about 375,000 heavy duty pickup trucks equipped with passenger-side air bag inflators made by Takata Corp, the U.S. automaker said. Subaru will expand its recall of 2004 and 2005 model Impreza compact cars with Takata air bags to about 80,000 from 20,000, the unit of Japan- based Fuji Heavy Industries also said on...

  • Investors watch computer screens at a stock exchange hall in Fuyang, China.

    Shanghai shares hogged the spotlight on Friday, as the key Shanghai Composite index extended losses, while Japan was the "quiet achiever" for the day.

  • DETROIT, May 28- Three automakers on Thursday widened recalls of cars and trucks with Takata Corp air bags and the U.S. Congress set a hearing next week on the safety issue that has been linked to six deaths. Takata last week complied with demands of U.S. safety regulators and doubled the vehicles to be involved in air bag recalls to 34 million, making it the largest...

  • TOKYO, May 28- Honda Motor Co called back about 690,000 cars in Japan and the United States to replace air bag inflators made by Takata Corp after the Tokyo- based parts supplier last week agreed to comply with U.S. orders to expand some of its previous recalls. Of the recalls announced on Thursday, about 350,000 are of vehicles registered in the United States and...

  • DETROIT, May 28- Fiat Chrysler Automobiles, Honda Motor Co and BMW on Thursday expanded recalls of vehicles with potentially deadly air bags made by Takata Corp, after the Japanese manufacturer last week boosted the number of vehicles affected to 53 million globally. The recalls announced on Thursday are part of that widened Takata recall.

  • DETROIT, May 28- Fiat Chrysler Automobiles on Thursday became the first automaker to expand its U.S. recall of vehicles with faulty Takata Corp air bag inflators since federal safety regulators announced a massive recall campaign last week. Last week, Japanese air bag maker Takata said it would double the recall of potentially deadly air bags to nearly 34...