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Honda Motor Co Ltd

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  • WASHINGTON/ DETROIT, Dec 3- Japanese auto parts supplier Takata Corp on Wednesday acknowledged that it still does not understand what is causing air bag explosions that have hurtled metal shards into vehicles even as it insisted that calls for a broader recall to remedy the problem were misguided. "Congressman, we don't identify the root cause yet," Hiroshi...

  • Honda to expand air bag recall nationally Wednesday, 3 Dec 2014 | 10:53 AM ET
    Rick Schostek, executive vice president of Honda North America, testifies on Capitol Hill in Washington, Thursday, Nov. 20, 2014, before the Senate Commerce Committee hearing about defective airbags made by Takata of Japan and installed in Hondas.

    Honda Motor on Wednesday said it will expand a recall of automobiles with Takata driver's side air bags to include all 50 states.

  • DETROIT, Dec 3- As early as 2003, Takata Corp ran an investigation into an air bag inflator that ruptured in a BMW vehicle, but concluded the problem was an anomaly, the company said on Tuesday, ahead of a second U.S. congressional hearing on dangerous air bags it supplied. Hiroshi Shimizu, Takata's chief quality officer, told a Senate committee hearing last month...

  • TOKYO, Dec 3- Japan's powerful industry ministry has summoned Shigehisa Takada, chairman and CEO of Takata Corp, to explain what the company is doing to resolve a crisis over potentially deadly air bags, two people with knowledge of the matter told Reuters. More than 16 million vehicles have been recalled worldwide since 2008 to replace Takata air bag inflators,...

  • *Takata shares responsibility for driver safety- NHTSA. *NHTSA to consider next steps after Takata response. *Takata CEO leaves decision for expanded recall to automakers.

  • US regulator calls Takata response 'disappointing' Tuesday, 2 Dec 2014 | 10:29 PM ET
    A man walks past a sign board of Japanese auto parts maker Takata Corp's Annual General Meeting in Tokyo June 26, 2014.

    U.S. auto regulators called Takata Corp's response to its demand for a nationwide recall "disappointing".

  • TOKYO, Dec 3- Japan's auto recall enforcement division, whose 16 members work from a cramped office on the eighth floor of the transport ministry building in Tokyo, only found out about safety issues with Takata Corp air bags in late-2008- more than three years after the company says it first learned of problems. The ministry, which doubles as Japan's safety...

  • DETROIT, Dec 2- The top six automakers sold more cars and trucks in November than analysts expected, with a healthy economy, generous discounts and low fuel prices luring consumers into U.S. showrooms. "This sustained demand for new vehicles was building for years during the recession, and it should continue unless a major shift in economic stability occurs," said...

  • *Takata faces Tuesday deadline for complying. *No decision yet on expanded recall- Takata. TOKYO, Dec 2- Takata Corp is preparing to comply with a U.S. order to expand a region-specific recall nationwide, the Nikkei said on Tuesday, a move that's likely to add millions more to the tally of cars called back to replace potentially deadly air bags.

  • TOKYO, Dec 2- Japan's Nikkei share average slipped on Tuesday as investors took profits from the recent gains after Moody's Investors Service cut the country's sovereign debt rating, but losses were limited as the weak yen supported sentiment. Index heavyweight stocks such as SoftBank Corp, Fast Retaling Co and Fanuc Corp lost ground, falling between 0.6-1.8...

  • *Weak gold prices hurts Sumitomo Metal Mining. TOKYO, Dec 1- Japan's Nikkei share average rose to a fresh seven-year high on Monday as strong corporate spending lifted sentiment, with airline shares extending gains as oil prices tumbled further. Such machinery shares benefited from the strong capital spending figures, with Fanuc Corp rising 1.9 percent and...

  • TOKYO, Nov 30- Shigehisa Takada, the third-generation head of Takata Corp, shows little sense of the crisis engulfing the Japanese air bag maker at the centre of one of the auto industry's biggest safety recalls, according to three people who have met him recently. More than 16 million vehicles have been recalled worldwide since 2008 over Takata's air bag...

  • TOKYO, Nov 28- Honda Motor and Mazda Motor may have to recall another 200,000 cars in Japan to replace Takata Corp air bags if Takata complies with a U.S. order to recall cars across the United States rather than just in humid regions. Several automakers in the U.S. have issued regional recalls of certain models to investigate what is causing some Takata air bags to...

  • *ANA Holdings jumps to highest since Mar 2011. The Nikkei has risen over 10 percent since the Bank of Japan stunned markets with fresh easing on Oct 31. "Japan is amidst a perfect positive storm," said Stefan Worrall, director of equities cash sales at Credit Suisse.

  • The air bags in both Honda cars were supplied by Japan's Takata Corp, which made the air bags installed in more than 10 million cars from Honda and other manufacturers that have been recalled since 2008.. U.S. government safety records showed that Honda recalled a small number of cars equipped with Takata air bags in March 2002, two years before the first known...

  • Asian stocks were mixed on Thursday following a record close on Wall Street, with Japan continuing to underperform due to a stronger currency.

  • *Daihatsu joins list of car makers in Takata recalls. TOKYO, Nov 27- Toyota Motor Corp said on Thursday it would recall 57,000 vehicles globally to replace potentially deadly air bags made by Takata Corp, in a sign that a safety crisis around the Japanese auto parts maker is far from contained. Toyota's action follows a recall by rival Honda Motor Co for the same...

  • Toyota to recall more cars for dangerous Takata air bags Thursday, 27 Nov 2014 | 12:18 AM ET

    TOKYO, Nov 27- Toyota Motor Corp said on Thursday it would recall 57,000 vehicles globally to replace potentially deadly air bags made by Takata Corp, in a sign that the safety crisis surrounding the Japanese auto parts maker is far from contained. Toyota's action follows a recall by rival Honda Motor Co for the same problem two weeks ago after revelations of a...

  • DETROIT, Nov 26- The U.S. National Highway Traffic Safety Administration on Wednesday ordered Japanese air bag supplier Takata Corp to expand its regional recall of driver-side air bags to cover the entire United States. NHTSA gave Takata until Tuesday to declare that its air bag inflators are defective and issue a recall. Shares in Takata plunged as much as 7.9...

  • Honda recalled cars with Takata air bags in 2002 Wednesday, 26 Nov 2014 | 6:26 PM ET
    A man arranges airbag cushions at a plant for Japanese car parts maker Takata Corp.

    Honda Motor recalled a small number of cars equipped with Takata Corp air bags in March 2002, two years before the first known injury.