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Honda Motor Co Ltd

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  • WASHINGTON, Jan 8- Honda Motor Co has agreed to pay $70 million to the U.S. government in penalties for failing to report hundreds of injuries, deaths and other consumer claims involving its cars, transportation officials said on Thursday. In November, Honda revealed that it had failed to report 1,729 cases involving deaths or injuries between July 2003 and June...

  • Asian equity markets raked in gains on Thursday, as the fall in oil prices abated, while a positive finish on Wall Street overnight lifted trading sentiment.

  • *McDonald's Japan slides to 11- month low. TOKYO, Jan 8- Japanese stocks rose on Thursday morning with all subsectors up after gains in U.S. and European shares and a rebound in oil prices eased investor jitters. "Sentiment is supported by such overseas developments and investor concerns are eased for now," said Toshihiko Matsuno, chief strategist at SMBC Friend...

  • *Nikkei has lost 4.6 percent since Dec. 26. TOKYO, Jan 7- Japanese stocks gained on Wednesday as investors' appetite for risk returned, despite a fall in Wall Street shares driven by global economic worries and slumping oil prices. The market has discounted bad news from Greece, and the Nikkei's now at a reasonable level, "said Takashi Hiroki, chief strategist at Monex,...

  • WASHINGTON/ DETROIT, Jan 6- A recent wave of auto recalls may lead to even more flaws being discovered this year as drivers become alert to design faults, the top U.S. car safety official said on Tuesday. NHTSA has been accused of acting too slowly to prevent dangers involving Takata Corp air bags and General Motors Co ignition switches, and Rosekind said he must turn...

  • Look at what Toyota is giving away for free Tuesday, 6 Jan 2015 | 12:23 PM ET
    Toyota Mirai FCV (fuel cell vehicle) is displayed during a press conference during the 2015 Consumer Electronics Show (CES) in Las Vegas, Nevada.

    Toyota said it would share its fuel-cell car patents for free to promote hydrogen-powered vehicle technology.

  • TOKYO, Jan 6- Japan's Nikkei share average tumbled 2.6 percent on Tuesday as concerns over Greece's future in the euro zone and weak oil prices curbed risk appetite, while the strong yen dragged down exporters. Crude oil futures prices dropped to their lowest since 2009 amid a global supply glut and lacklustre demand, while political uncertainty in Greece has...

  • TORONTO, Jan 5- Major automakers reported their best ever Canadian sales performance last year, with Ford Motor Co holding on to the top sales spot for 2014, despite a late surge by Fiat Chrysler Automobiles NV's Canadian unit. "The battle for best-selling vehicle company remained tight all year," DesRosiers Automotive Consultants said in a note to clients.

  • DETROIT, Jan 5- BMW on Monday regained bragging rights as the top-selling luxury brand in the United States, ending the one-year reign of German rival Mercedes. BMW ended with a lead last year of more than 9,000 vehicles over Mercedes-Benz, which in 2013 seized a title BMW had held for the previous two years. Last year, Mercedes-Benz outsold BMW by about 3,000...

  • DETROIT, Jan 5- Automakers reported strong December U.S. sales on Monday, boosted by falling gasoline prices, but industry executives and analysts cautioned that growth would slow in 2015 after five years of rapid recovery from the recession. "U.S. auto sales are dancing to a very different beat," Morgan Stanley analyst Adam Jonas said in a research note.

  • Auto sales end 2014 strong, helped by low gas prices Monday, 5 Jan 2015 | 11:00 AM ET
    2014 Ram 5500 Chassis Cab

    Automakers reported strong December U.S. sales, boosted by falling gas prices, but analysts cautioned that growth would slow this year.

  • DETROIT, Jan 5- Automakers reported strong December U.S. sales Monday, boosted by falling gas prices, but industry executives and analysts cautioned that growth would slow this year after five years of rapid recovery from the recession. General Motors Co easily beat analyst expectations, logging a 19 percent gain to 274,483 vehicles, the best December for the No....

  • DETROIT, Jan 5- Fiat Chrysler Automobiles said its U.S. sales rose 20 percent on strong Jeep SUV and pickup truck sales but still missed expectations of analysts. Nissan Motor Co's December U.S. sales narrowly topped and Honda Motor Co. And a separate poll of 35 economists polled by Thomson Reuters showed that they expect on average an annualized selling rate for...

  • Find out how many cars were recalled this year Wednesday, 31 Dec 2014 | 11:07 AM ET
    Shop foreman John Chapman performs a service recall on a General Motors 2005 Saturn Ion at Liberty Chevrolet in New Hudson, Michigan, U.S., on Friday, April 25, 2014.

    The number of cars recalled in the U.S. reached a new record this year, the New York Times reports.

  • SHANGHAI, Dec 30- Foreign automakers in China may struggle to dictate sales goals in the future after dealers complained to the government that inflexible targets set during a market boom obliged them to buy too much stock and bear the brunt of a drop in demand. Japan's Honda Motor Co Ltd and Nissan Motor Co Ltd cut their China sales forecasts last month while...

  • Toyota to miss China 2014 sales goal Tuesday, 30 Dec 2014 | 12:25 AM ET

    Toyota is likely to miss its 2014 objective of selling over 1.1 million cars in China because of an economic slowdown and resulting auto price wars.

  • BEIJING, Dec 29- Toyota Motor Corp is likely to miss its 2014 objective of selling over 1.1 million vehicles in China because of a faster-than-anticipated economic slowdown and resulting price war in the local auto market. The shortcoming reveals continued difficulty for Japanese automakers in China even as diplomatic relations recover from a territorial...

  • Asian markets mostly rise amid light trade Friday, 26 Dec 2014 | 3:11 AM ET

    Asian bourses largely rose amid thin post-Christmas trading, as markets in Australia, Hong Kong, Indonesia and the Philippines remain shut.

  • Holiday lights decorate buildings in the Central district in Hong Kong, China.

    On the last trading session before Christmas, Asian indices largely rose, with the exception of China, as a strong U.S. growth report card revived risk sentiment.

  • TOKYO, Dec 24- Takata Corp, the auto supplier embroiled in a global safety crisis, said Wednesday its president, Stefan Stocker, would step down and its chairman would assume the role to unify the company's response to the recall of millions of vehicles carrying defective air bags. Stocker, a Swiss national, joined Takata from privately-held supplier Robert Bosch...