The Insurance Institute for Highway Safety issued its first list of used vehicles that it most recommends for young motorists.» Read More
DETROIT— BMW is expanding a recall of its most popular models to fix an air bag problem that is hitting much of the global auto industry. Air bag inflators in systems made by Takata Corp. can rupture. The problem is responsible for millions of recalled vehicles during the past few years made by manufacturers such as Chrysler, Ford, Honda, Mazda, Nissan and Toyota.
*JX Holdings rises on report saying it will build hydrogen stations. TOKYO, July 16- Japan's Nikkei share average was flat on Wednesday morning as investors stayed cautious ahead of China economic data, with weakness in U.S. shares also curbing investors' risk appetites.
Congress begins a five-week summer recess that same day. White House support for the 10- month extension has annoyed some Democrats who are opposed because it would push decisions on long-term funding to a newly elected Congress next year. At the very least, Congress should be keeping people on the job who are already there right now, "Obama said.
In a visit to a government highway research center in Virginia, Obama is expected to tout work on so-called vehicle-to-vehicle and vehicle-to-infrastructure communication technology to improve navigation, according to the White House.
Ford Motor Co. rose$. 06 or. 3 percent, to $17.53. General Motors Co. fell$. 26 or. 7 percent, to $37.69. Honda Motor Co. rose$. 31 or. 9 percent, to $35.27.
Ford Motor Co. rose$. 04 or. 2 percent, to $17.51. General Motors Co. fell$. 06 or. 2 percent, to $37.89. Honda Motor Co. rose$. 27 or. 8 percent, to $35.23.
*VW declines comment on incentives from Tennessee. July 14- Volkswagen AG said on Monday it would invest about $900 million to build a mid-sized SUV at its U.S. plant in Tennessee starting in late 2016, nearly doubling the factory's work force. About $600 million of the $900 million will be invested in Tennessee, VW said.
NEW YORK, July 14- Federal prosecutors are developing a criminal fraud case hinged on whether General Motors made misleading statements about a deadly ignition switch flaw, and are examining activity dating back a decade, before GM's 2009 bankruptcy, according to multiple sources familiar with the investigation.
Ford Motor Co. rose$. 16 or. 9 percent, to $17.46. General Motors Co. rose$. 12 or. 3 percent, to $37.87. Honda Motor Co. fell$. 06 or. 2 percent, to $34.93.
Ford Motor Co. rose$. 06 or. 3 percent, to $17.36. General Motors Co. fell$. 13 or. 3 percent, to $37.63. Honda Motor Co. fell$. 13 or. 4 percent, to $34.86.
TOKYO, July 11- Japan's Nikkei share average dropped for a fifth day to a fresh 1 1/ 2- week low on Friday morning as concerns about the financial health of Portugal's top listed bank turned investors risk-averse.
Ford Motor Co. fell$. 11 or. 6 percent, to $17.33. General Motors Co. fell$. 21 or. 6 percent, to $37.76. Honda Motor Co. fell$. 51 or 1.4 percent, to $34.90.
Ford Motor Co. fell$. 12 or. 7 percent, to $17.31. General Motors Co. fell$. 33 or. 9 percent, to $37.64. Honda Motor Co. fell$. 60 or 1.7 percent, to $34.81.
*Benesse dives to 2-1/ 2- month low after data leak. TOKYO, July 10- Japan's Nikkei share average was flat on Thursday in choppy trade as worse-than-expected machinery data soured sentiment after minutes from the U.S. It had dropped 0.1 percent to 15,302.65 on Wednesday, its lowest closing level since June 30.
TOKYO, July 9- Japan's Nikkei share average fell to a fresh one-week low on Wednesday morning as U.S. stocks beat a retreat before the start of the earnings season, and the stronger yen hurt exporters. Bucking the weakness, ANA Holdings rose 1.3 percent after CLSA hiked its rating to' buy' from' outperform' citing its strong inbound and outbound traffic.
Japanese manufacturers, rich but loath to spend it at home since the financial crisis, are now spending on equipment crucial to economic recovery.
"Until now, we just couldn't take the plunge," said Takashi Nanki, director and general manager at Shima Seiki Mfg Ltd, whose knitting machines make sweaters and knitwear for the likes of Gucci, Prada and Benetton. As a result, corporate Japan sits on a cash pile of some 232 trillion yen, according to Bank of Japan data.
Compared to last June, sales have climbed 1 percent and the stock has seen double-digit growth. What's fueling the surge at the height of GM's recall crisis?
*Fresh strike at Impala Platinum mine. JOHANNESBURG/ CAPE TOWN, July 4- General Motors suspended production at its main South African plant after a strike hit parts supplies, the U.S. automaker said on Friday, becoming the latest victim of relentless labour unrest in Africa's most advanced economy.
SHANGHAI, July 4- General Motors Co expects Cadillac sales in China to rise by at least 40 percent this year, as the U.S. carmaker steps up local production in a market key to transforming Cadillac into a global luxury brand, a senior executive said.