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Toyota Motor Corp

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  • TOKYO— Japanese data on Friday showed a mixed outlook for the world's third-largest economy while a renewed decline in the value of the yen is adding to uncertainty over whether the recovery is gaining ground. By some measures, Japan's economy is on the upswing as share prices surge thanks to exporters profiting from the weak yen. Japan's jobless rate dropped to...

  • Automakers, gov't reveal models in expanded Takata recall Thursday, 28 May 2015 | 10:46 AM ET

    DETROIT— Car owners are beginning to find out if their cars or trucks are included in a big expansion of a recall of air bags made by Takata Corp.. Automakers, as well as Canadian and U.S. safety regulators, are posting documents that spell out the vehicles being recalled to replace air bag inflators that can explode with too much force, spewing shrapnel into the...

  • *Nikkei's winning streak is longest since Feb 1988 Nikkei has risen 5.0 pct over 10 days. TOKYO, May 28- Japan's Nikkei share average rose on Thursday, extending its gains to a 10th day as investors hoped exporters' earnings will rise after the dollar hit its highest against the yen since December 2002. The dollar's surge against the yen gathered pace during Asian...

  • Nikkei rises for 10th day as weak yen lifts exporters Wednesday, 27 May 2015 | 10:37 PM ET

    TOKYO, May 28- Japan's Nikkei share average rose on Thursday morning, extending its gains to a 10th day as investors hoped exporters' earnings will rise after the dollar hit eight-year highs against the yen. "I thought the market would see a correction given the straight days of gains, but contrary to my initial view, it's being lifted by the weak yen," said Masashi Oda,...

  • BEIJING, May 28- Japan's Takata Corp, which for months resisted U.S. regulators' demands to widen a recall over its potentially lethal air bags, has had an "attitude shift" and is in a mood to compromise to try to resolve the ballooning auto safety crisis, said a person close to the company. "'There's no use or gain in fighting the regulators' is how one Takata management...

  • TOKYO, May 27- Japan's Nikkei share average was marginally higher on Wednesday morning, extending its gains into a ninth day, but gains were limited as U.S. shares languished after upbeat U.S. data fed fears that a rate hike may come earlier than expected. The buoyant data follows Federal Reserve Chair Janet Yellen saying on Friday that the central bank could raise...

  • Nikkei's winning streak runs into profit-taking Monday, 25 May 2015 | 10:23 PM ET

    *Tomy falls after Marunouchi Capital sells entire stake. *Kyushu Electric rises after nuclear reactor restart announcement. TOKYO, May 26- Japan's Nikkei share average edged down on Tuesday morning, snapping a seven-day winning streak as investors took profits after the recent gains made on optimism over the economy's recovery and higher shareholder...

  • Having taken the helm of the National Highway Traffic Safety Administration in January, Mark Rosekind has wasted no time in forcing reluctant companies into recalling millions of defective vehicles. In the past week alone, the agency announced the biggest recall in history, involving nearly 34 million vehicles with potentially deadly Takata Corp air bags.

  • 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.

  • A board of stock indicators shows upward momentum on the floor of the New York Stock Exchange.

    The Shanghai Composite clinched a fresh seven-year high on Friday, while markets in Japan edged up to finish at their highest levels in 15 years.

  • 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...

  • What do Toyota and Madoff have in common? Wednesday, 20 May 2015 | 1:39 PM ET
    Private plane jet

    Civil asset forfeitures have gone up in recent years, and in this report we break down how many asset seizures were valued over $1 million.

  • *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...