Across Asian markets, the energy plays rose as oil hit the $50-a-barrel mark for the first time since November, but broader markets were mixed. » Read More
DETROIT— Eight automakers are recalling more than 12 million vehicles in the U.S. to replace potentially dangerous Takata air bag inflators. Documents detailing recalls by Honda, Fiat Chrysler, Toyota, Mazda, Nissan, Subaru, Ferrari and Mitsubishi were posted Friday by the National Highway Traffic Safety Administration. Friday's U.S. recalls include...
Eight automakers said they are recalling more than 12 million vehicles in new recalls related to defective Takata air bags.
Markets in Asia ended mostly higher on the week's final trading day as traders awaited direction from Fed chief Janet Yellen's comments due later.
One day, one or both companies, may offer ride-hailing services, says Sean Behr, founder of Zirx, a platform to move, store and service cars at scale.
Asia markets mostly closed higher on Wednesday, with Hong Kong leading gains and several major indexes advancing more than 1 percent each.
ISE, Japan— Leaders of the Group of Seven rich nations plan to voice unity over fighting terrorism, pandemics and tax evasion at their summit in Japan this week. Ahead of the summit meetings that begin Thursday, finance ministers and central bank governors of the G-7 meeting in northern Japan failed to concur on a coordinated approach to fighting what Nobel...
KUALA LUMPUR, Malaysia— Japanese automaker Toyota Motor Corp. said Wednesday that it will build a second factory in Malaysia as part of expansion to meet rising local demand. The plant is expected to begin operations in early 2019 and will help double Toyota's production volume in Malaysia to around 100,000 units a year, said Akio Takeyama, deputy chairman of...
TOKYO— Leaders of the Group of Seven rich nations will undoubtedly voice unity over fighting terrorism, pandemics and tax evasion at their summit in Japan this week. At a pre-summit meeting in northern Japan's Sendai, finance ministers and central bank governors of the G7 failed to concur on a coordinated approach to fighting what Nobel prize-winning...
NEW YORK— Toyota said Tuesday it is investing in Uber, making it the latest car company to put money in a ride-hailing app. Earlier this year, General Motors Co. invested $500 million in Uber rival Lyft. Toyota is investing in San Francisco- based Uber alongside Mirai Creation Investment Limited Partnership, an investment fund backed by Toyota and Japanese bank...
CNBC's Dominic Chu reports the collaboration and partnership announced between Toyota Motor and Uber.
The automaker says the front passenger side air bag inflators made by Takata could deploy with too much force in a crash.
Some of the names on the move ahead of the open.
U.S. stock futures are pointing to modest gains after stocks faded into Monday's close and ended the day with small losses.
Toyota Motor said on Monday it will recall almost 1.6 million additional U.S. vehicles for Takata air bag inflators that could rupture.
DETROIT— Toyota Motor Corp. is recalling nearly 1.6 million vehicles in the U.S. to replace potentially faulty front passenger air bag inflators made by Takata Corp. of Japan. The action expands what was already the biggest automotive recall in U.S. history. The U.S. government announced earlier this month that 17 automakers— including Toyota— are adding 35...
Asia markets closed mixed on Monday, with the Nikkei down after weak trade data, as markets adjust to a slew of comments from the Fed.
The dollar stood tall and set a three-week high against the yen on Thursday, after the minutes of the U.S. Fed's meeting rekindled expectations.
The National Weather Service in New Braunfels said Wednesday it has had no reports of injuries during storms in Castroville, just west of San Antonio. Forecaster Jason Runyen says New Braunfels and parts of San Antonio had 3- to-4 inches of rain since Tuesday night. A flood warning was issued Wednesday for the Comal River, in Guadalupe and Comal counties.
Most Asian markets retreated Wednesday amid concerns the Fed may hike rates soon, with Japan's shares ending a tad down after topsy-turvy trade.
Honda Motor shares dropped after the automaker posted a surprise fourth-quarter loss.