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  • What you need to know about massive air bag recall Friday, 24 Oct 2014 | 4:51 PM ET

    So far, more than 12 million vehicles worldwide with air bags made by Japanese parts supplier Takata Corp. have been recalled for the problem. There have been recalls in Japan, Europe, China and other areas. A: Chemicals that quickly inflate air bags during a crash are exploding with too much force in Takata air bags made from 2001 to 2011. This blows apart metal...

  • WASHINGTON/ DETROIT, Oct 24- The U.S. House committee looking into the defective air bags made by Japanese supplier Takata Corp will hold an initial briefing with U.S. safety regulators next week to learn the details of the regional recalls affecting 10 automakers, a committee aide said on Friday. The committee has not requested any documents on Takata at this...

  • JAKARTA/ SINGAPORE, Oct 24- Honda Motor's Mobilio, a spacious yet affordable multi-purpose vehicle, has nearly doubled its market share this year, triggering a price war with Toyota Motor in Indonesia, the latest battleground for global carmakers. Toyota and its Daihatsu Motor affiliate have long enjoyed a more than 50 percent market share in Indonesia- where...

  • NEW YORK, Oct 23- New York City's program to create a nearly uniform taxi fleet with cabs from Nissan Motor Co will face a renewed challenge, after fleet operators opposing the "Taxi of Tomorrow" plan won permission to take their case to the state's highest court. In a brief order on Thursday, the state appeals court in Manhattan that had in June authorized the plan...

  • NEW YORK, Oct 22- U.S. federal prosecutors are trying to determine whether Japanese auto parts maker Takata Corp misled U.S. regulators about the number of defective air bags it sold to automakers, including Toyota Motor Corp and Honda Motor Co Ltd, The Wall Street Journal reported on Wednesday. Word of the investigation follows a notice on Tuesday from the U.S....

  • Correction: Air Bag Recall-Glance story Wednesday, 22 Oct 2014 | 3:28 PM ET

    The National Highway Traffic Safety Administration has expanded the number of vehicles and manufacturers covered by a warning about air bags. But Wednesday it added multiple models and removed about 133,000 older General Motors cars that were put on the list by mistake. The agency is urging people in high-humidity areas such as Florida, Puerto Rico, Guam,...

  • Oct 22- U.S. safety regulators on Wednesday expanded the number of vehicles in the United States that may be affected by recalls for potentially defective Takata Corp airbags that could spray shrapnel at occupants. Following is a list of U.S. vehicle recalls so far in 2014 that are related to the airbags:. Recalled more than 5 million potentially affected...

  • DETROIT, Oct 22- U.S. safety regulators on Wednesday expanded the number of vehicles in the United States that may be affected by recalls for potentially defective Takata Corp air bags that could spray shrapnel at occupants. The NHTSA has urged owners of certain Toyota, Honda, Mazda, BMW, Nissan, Mitsubishi, Subaru, Chrysler, Ford and General Motors vehicles to...

  • DETROIT, Oct 22- U.S. safety regulators on Wednesday expanded the number of vehicles in the United States that may be affected by recalls for potentially defective Takata Corp air bags that could spray shrapnel at occupants. The NHTSA has urged owners of certain Toyota, Honda, Mazda, BMW, Nissan, Mitsubishi, Subaru, Chrysler, Ford and General Motors vehicles to...

  • Government ups air bag warning to 7.8M vehicles Wednesday, 22 Oct 2014 | 8:42 AM ET

    DETROIT— In a story Oct. 20 about an auto industry air bag recall, The Associated Press reported an incorrect age for Hien Thi Tran, who died after being severely injured in a Florida crash. DETROIT— The U.S. government issued an urgent plea to more than 4.7 million people to get the air bags in their cars fixed, amid concern that a defect in the devices can possibly kill...

  • Hyundai's revamped Sonata yet to rev up key U.S. market Wednesday, 22 Oct 2014 | 5:14 AM ET

    Hyundai is expected to post a 9 percent fall in its third-quarter net profit when it releases its quarterly earnings on Thursday. In contrast, the Sonata's predecessor helped Hyundai expand its U.S. market share after it was launched there in 2010.. But consumers are very much driven by what the vehicle looks like, "said Scott Fink, chief executive of Hyundai of New...

  • DETROIT, Oct 21- The problems for Japanese auto parts maker Takata Corp grew after U.S. safety regulators expanded a warning about faulty air bags to 6.1 million vehicles in the United States while two more lawsuits have been filed over accidents in older Honda cars. The news came a day after Toyota Motor Corp recalled 247,000 vehicles in the United States...

  • Oct 21- U.S. auto dealer Asbury Automotive Group Inc's quarterly profit jumped 43 percent as easier credit for customers helped the company sell more imported cars. Asbury sells new and used cars made by BMW, Mercedes-Benz, Lexus, Honda Motor Co, Nissan Motor Co Ltd and Toyota Motor Corp, among others. Asbury's net profit rose to $32.5 million, or $1.08 per share, in the...

  • DETROIT, Oct 20- Toyota Motor Corp recalled 247,000 cars, SUVs and pickup trucks in the United States on Monday because of potentially defective front passenger air bag inflators from Japan's Takata Corp that can rupture and spray metal shrapnel, according to U.S. safety regulators. That raised the number of vehicles affected by regional recalls launched in...

  • Vehicles with air bag problem that should be fixed Monday, 20 Oct 2014 | 1:19 PM ET

    The National Highway Traffic Safety Administration issued an urgent plea to more than 4.7 million car owners whose air bag inflators have been recalled to get them repaired. The air bags, especially in areas along the coast with high absolute humidity, have inflators that can rupture. —Models: 2002 to 2004 Lexus SC, 2003 to 2004 Toyota Corolla and Matrix, 2002 to...

  • US agency warns car owners to get air bags fixed Monday, 20 Oct 2014 | 11:46 AM ET

    Multiple automakers have recalled vehicles in the U.S. over the past two years to repair air bag inflators made by Takata Corp., a Tokyo- based supplier of seat belts, air bags, steering wheels and other auto parts. In a statement Monday, the National Highway Traffic and Safety Administration warned owners of those cars to act right away. The warning covers cars made...

  • SHANGHAI, Oct 16- China said on Thursday it would punish carmakers by restricting their production and publicly naming them if they fail to meet fuel consumption requirements on passenger vehicles set for 2015.. China's fuel economy rules, as stringent as those to be enforced in the United States, Europe and Japan, involve a fleet-wide corporate average target...

  • Growth slows in China passenger vehicle sales Monday, 13 Oct 2014 | 4:29 AM ET

    BEIJING— Growth in China's car sales slowed again in September while the country's own auto brands increased their market share slightly. Global automakers are looking to China to drive global sales but growth has slowed steadily from May's rate of 13.9 percent as the world's second largest economy cools. The China Association of Automobile Manufacturers...

  • Asia stocks joined Wall Street's selloff on Friday, led by declines in the energy sector, as investors fretted over slowing European growth.

  • Fuel economy for new light-duty vehicles in the United States reached an all-time high in the 2013 model year, averaging 24.1 miles per gallon, up 0.5 mpg on the year, the EPA said in an annual report. The EPA said recent improvements in part reflected automakers' rapid adoption of more efficient technologies such as gasoline direct injection engines, turbo...