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Toyota Motor Corp

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  • DETROIT— Eleven automakers are expected next week to reveal which models are being added to a massive recall of air bags made by Takata Corp.. On Tuesday, the U.S. National Highway Traffic Safety Administration announced a deal with Takata to declare millions of its air bag inflators defective and expand the recall from 17 million to 33.8 million.

  • TOKYO, May 22- The market capitalisation of shares listed on the Tokyo Stock Exchange's main board hit a record high on Friday, topping a 26- year peak and marking one victory in Prime Minister Shinzo Abe's campaign to jolt the economy out of a long phase of deflation and stagnation. The total market capitalisation of the TSE's first section rose to 591.30...

  • TOKYO— Toyota President Akio Toyoda vowed to help get to the bottom of the problems with Takata air bags, the recalls for which have ballooned to nearly 34 million vehicles, stressing that regaining consumer trust is an industry-wide concern. Doubts are growing about whether Japanese supplier Takata Corp. has the financial muscle to deal with all the defects, a...

  • *Seibu tumbles after Cerberus launched selldown. *Skylark dives after news Bain Capital to sell stake. TOKYO, May 22- Japan's Nikkei share average edged down on Friday morning, snapping a five-day winning streak as investors carefully await for the outcome of the Bank Of Japan's two-day policy meeting.

  • WASHINGTON, May 21- A current and a former executive of Japan's NGK Spark Plug Co Ltd were indicted on Thursday on charges of fixing the prices of spark plugs and oxygen sensors, the U.S. Justice Department said. Norio Teranishi, a former executive, and Hisashi Nakanishi, a current employee of NGK Spark Plug, were accused of conspiring to fix the prices of parts sold to...

  • *Some automakers explore Takata's rivals for replacement parts. *Takata shares fall 10 pct in Tokyo. DETROIT, May 20- Takata Corp's record U.S. recall of potentially deadly air bag inflators could take years to complete, industry experts and safety advocates said, as automakers scrambled to line up replacement parts, some not from Takata.

  • TIMELINE-Takata air bag recalls since 2008 Wednesday, 20 May 2015 | 2:24 PM ET

    Honda and Takata deny fault and settle for an undisclosed sum. Her family sues Honda and Takata for more than $75 million in April 2011, claiming they knew of the air bag problems as early as 2004. Honda and Takata settle in January 2013 for $3 million, according to court documents. 2011: April 27- Honda recalls 896,000 Honda and Acura 2001-03 cars in order to find...

  • *Askul soars on share buyback, tie-up with Yahoo Japan. TOKYO, May 20- Japan's Nikkei share average rose to a near one-month high on Wednesday morning after better-than-expected economic growth buoyed sentiment, while Takata Corp tumbled after doubling a recall of air bags in the United States. "Headlines are nice, but if you look at the content carefully, there are...

  • RPT-TIMELINE-Takata air bag recalls Tuesday, 19 May 2015 | 7:16 PM ET

    Honda and Takata deny fault and settle for an undisclosed sum. Her family sues Honda and Takata for more than $75 million in April 2011, claiming they knew of the air bag problems as early as 2004. Honda and Takata settle in January 2013 for $3 million, according to court documents. 2011: April 27- Honda recalls 896,000 Honda and Acura 2001-03 cars in order to find...

  • WASHINGTON/ DETROIT, May 19- Japanese air bag manufacturer Takata Corp is doubling a recall of air bags to nearly 34 million vehicles, creating the largest automotive recall in American history, U.S. safety regulators said on Tuesday. The recall, which still does not identify the cause of the problem, involves passenger and driver-side air bags in vehicles made by...

  • WASHINGTON/ DETROIT, May 19- Japanese air bag manufacturer Takata Corp has agreed to declare nearly 34 million vehicles defective due to problems with air bag inflators, creating the largest automotive recall in American history, U.S. safety regulators said on Tuesday. Transportation Secretary Anthony Foxx said NHTSA also issued a consent order to Takata,...

  • WASHINGTON, May 19- Japanese air bag manufacturer Takata Corp is expected to declare about 33.8 million vehicles defective on Tuesday, a move that is expected to lead to the largest auto recall in U.S. history, the Detroit News reported, citing three officials briefed on the announcement. Takata had no immediate comment on the report. The number of vehicles with...

  • Takata air bag recall doubles to nearly 34 million Tuesday, 19 May 2015 | 1:54 PM ET

    WASHINGTON— Under pressure from U.S. safety regulators, Takata Corp. has agreed to declare 33.8 million air bags defective, a move that will double the number of cars and trucks included in what is now the largest auto recall in U.S. history. "We know that owners are worried about their safety and the safety of their families," said Mark Rosekind, head of the National...

  • "Automakers have to be aware that India works at different levels and segments, and they have to keep up," R.C. Bhargava, chairman of Maruti Suzuki said by telephone. With that awareness comes investment in new, or upgraded production lines to produce the compact vehicles that will account for one in every four vehicles sold in India in 2019, up from a 17 percent share...

  • *Chiyoda rises on liquefied natural gas project. TOKYO, May 19- Japanese stocks rose to a three-week high on Tuesday thanks to Wall Street's record close and a surge in companies announcing higher shareholder returns. "When risk appetite recovers investors start to pay more attention to stock valuations," said Hiroyuki Nakai, chief strategist at Tokai Tokyo...

  • *No need to change capital alliance with Renault- Nissan's Ghosn. YOKOHAMA, Japan, May 18- Nissan Motor Co Ltd CEO Carlos Ghosn said on Monday there was no need to change the automaker's capital alliance with Renault, after France raised its stake and voting rights in Renault last month. The French government, which owns almost 20 percent of Renault, has said it wants...

  • *No need to change capital alliance with Renault- Nissan's Ghosn. YOKOHAMA, Japan, May 18- Nissan Motor Co Ltd CEO Carlos Ghosn said on Monday he did not think there was any need to change the automaker's capital alliance with Renault at present after France raised its stake and voting rights in Renault last month. The government of France, which owns almost 20...

  • DETROIT, May 18- For the fifth straight year, Toyota Motor Corp and Honda Motor Co topped a study of automakers with U.S. plants in supplier relations, helping them get the best parts at the lowest cost. Toyota was the tops in supplier relations, followed closely by Honda. Ford Motor Co was a distant third, followed by Nissan Motor Co. General Motors Co and Fiat Chrysler...

  • *March core orders +2.9 pct vs forecast +1.8 pct. TOKYO, May 18- Japan's core machinery orders grew in March for the first time in two months but they are seen sliding in the current quarter, suggesting that weak capital spending could further sap momentum from an economy struggling to rebound from a recession. "Japanese firms are not in a situation where they can...

  • Honda on Friday unveiled a new model with an unusual sales pitch- fuel efficient, lots of cargo space and, by the way, no air bag inflators made by Takata, the Japanese supplier at the centre of a global safety crisis that has rocked both companies. Over the past five years, recalls have ballooned to include 36 million vehicles fitted with potentially lethal Takata...