A Times investigation finds that NHTSA has frequently been slow to identify issues, tentative to act and reluctant to use its legal powers.» Read More
Ford Motor Co. fell$. 08 or. 4 percent, to $16.73. General Motors Co. fell$. 07 or. 2 percent, to $33.18. Honda Motor Co. fell$. 06 or. 2 percent, to $33.79.
DETROIT— In July, two scary notices arrived in Amaris McGee's mailbox. They came from General Motors, and each told her the gray 2005 Chevy Malibu she drives to work every day is being recalled for safety problems. Like millions of others caught in GM's massive recall crisis, the 25- year-old corporate chef in Dallas can't afford to rent or buy another car.
*Few companies want yen to drop below 110 yen- Reuters poll. TOKYO, Sept 9- Japan is waking up to the reality that a blessing can come with a curse: the weaker yen sought by policymakers has a downside for some companies and the broader economy. By contrast, the Bank of Japan is expected to keep its ultra-easy policy until it meets its target of two percent inflation.
SYDNEY, Sept 9- Australia would be risking both its national security and damaging its economy by buying next-generation submarines from Japan instead of building them at home, the opposition leader said on Tuesday, amid growing speculation over a possible deal.
Ford Motor Co. fell$. 34 or 2.0 percent, to $16.80. General Motors Co. fell $1.04 or 3.0 percent, to $33.24. Toyota Motor Corp. fell$. 35 or. 3 percent, to $116.04.
California- based Tesla has been supplying batteries and motors for Toyota's RAV4 electric SUVs that went on sale in 2012, but that partnership is set to end this year after Toyota sold just 2,000 of the vehicles.
Ford Motor Co. fell$. 39 or 2.2 percent, to $16.75. General Motors Co. fell$. 98 or 2.9 percent, to $33.30. Honda Motor Co. fell$. 02 or. 1 percent, to $33.83.
Some of Monday's midday movers:
Ford Motor Co. fell$. 33 or 1.9 percent, to $16.82. General Motors Co. fell$. 39 or 1.1 percent, to $33.90. Honda Motor Co. fell$. 02 or. 1 percent, to $33.83.
Tesla's CEO said he would not be surprised if there was a significant deal with Toyota in the next two to three years, though there were no plans.
*SoftBank rises on news Alibaba's IPO price seen $60- $66/ share. *Rakuten falls on worries about recent hefty capital spending. TOKYO, Sept 8- Japanese stocks were modestly higher in choppy early trade on Monday, as mixed signals from China trade numbers and soft Japanese and U.S. data checked investors' risk appetite.
DETROIT, Sept 5- A group of companies, including several large automakers, have joined a public-private research initiative to lay the groundwork for a system that wirelessly connects vehicles and helps smooth the flow of traffic, the University on Michigan said on Friday.
*Sekisui House soars on strong earnings. TOKYO, Sept 5- Japan's Nikkei share average rose on Friday morning as the dollar rose to a six-year high against the yen, supported by the European Central Bank's latest monetary easing.
Japan is pushing to secure at least 60 percent of its rare earth needs from outside China within four years.
One pro thinks Tesla is overvalued, but another thinks the stock will continue to move higher.
Select Japanese and European equities hold the greatest potential right now, Morningstar's Fund Manager of the Decade David Herro says.
August auto sales were the highest for that month in more than a decade, with the industry selling at an annualized pace not seen since early 2006.
GM held on to the top spot, while Toyota Motor Corp edged Ford Motor Co for the second straight month. The lowest gasoline prices in four years helped GM and Chrysler Group, a unit of Fiat SpA, achieve double-digit gains in sales of full-size pickups, which provide the bulk of profit.
General Motors Co narrowly missed expectations, but held on to the top spot, while Toyota Motor Corp edged Ford Motor Co for the second straight month. The lowest gasoline prices in four years helped GM and Chrysler Group, a unit of Fiat SpA, achieve double-digit gains in sales of full-size pickups, which provide the bulk of profit.
DETROIT, Sept 3- Chrysler Group, a unit of Fiat SpA, handily beat analysts' expectations by showing a 20 percent gain in U.S. auto sales for August, and forecast a stronger-than-expected month for the full industry. Nissan Motor Co also beat expectations, showing a sales gain of 11.5 percent to 134,388 vehicles.