Honda Motor Co.

Takata downplayed air bag crisis and lost major investor because of it

How Takata Corp. handled their air bag crisis is the very reason why they lost one of their biggest investors, Sawakami Asset Management. In a statement published from Bloomberg News, Sawakami's fund manager, Takahiro Kusakari, said they could not help but feel Takata's management is not trustworthy.

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Japanese auto majors may post encouraging quarterly results

The second quarter for Japanese automobile majors is expected to be positive as the sales surged in the US market. Toyota Motor Corp, Nissan Motor Co and Honda Motor Co. registered a rise in sales volume in the North American market during July to September. Investors are closely monitoring the forecasts about vehicle sales to ascertain the possible outcome from the third quarter results. The US and China markets account for one-third of global sales for the top three Japanese automobile companies. The rise in US sales and weaker Yen may add to profits for the Japanese automobile majors during the quarter.

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Honda opens first compressed natural gas fueling station in Ohio despite CNG civic being discontinued

Despite its compact Civic sedan, which has compressed natural gas (CNG)-fueled powertrain, being discontinued earlier in 2015, Honda has just opened its first CNG refuelling station at its campus in Marysville, Ohio.

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Lexus, Mazda get highest marks in Consumer Reports auto brand study

Toyota Motor Corp's (7201.T) Lexus brand finished on top of the Consumer Reports annual "brand report card" for the third straight year, the influential U.S. magazine said on Tuesday.

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Japan automakers hit production snags as U.S. port dispute drags on

Japanese automakers are being forced to ship some car parts to U.S. plants by expensive air cargo and tweak production processes as a protracted labor dispute at U.S. West Coast ports shows no signs of letting up.

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U.S. regulators recall 2.1 million vehicles in new air bag issue

The auto industry’s air bag troubles deepened on Saturday as U.S. federal safety regulators said three big automakers will recall about 2.1 million older vehicles to fix defects that could cause air bags to deploy when they are not supposed to.

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GM develops contingency plans in case Takata recalls widen

General Motors Co (GM.N) has developed contingency plans in case recalls of potentially lethal Takata-made air bag inflators widens, forcing the U.S. automaker to repair millions of vehicles, the company said on Friday.

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Ford expands Takata driver-side air bag recall in U.S.

Ford Motor Co on Thursday expanded the recall of older-model Mustang cars that have driver-side Takata air bags with inflators, to include about 502,500 vehicles.

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Takata says has sufficient funds to deal with recalls: Nikkei

Air bag maker Takata Corp (7312.T) has sufficient funds to deal with a global recall that has climbed to about 21 million vehicles after five deaths linked to its products, the company executive told the Nikkei newspaper.

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Takata tightens screws on suppliers as air bag crisis mounts: sources

Takata Corp. (7312.T) has begun enforcing tighter quality controls on a group of parts suppliers as the auto safety equipment maker boosts production to replace millions of air bags recalled for a potentially deadly defect, according to people involved.

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Toyota recalls more cars for dangerous Takata air bags

Toyota Motor Corp said on Thursday it would recall 57,000 vehicles globally to replace potentially deadly air bags made by Takata Corp, as a safety crisis around the Japanese auto parts maker looks far from being contained.

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Cars that drive themselves starting to chat with each other

An Acura RLX sedan demonstrated an unusual way to tow another car this week: the vehicles were not physically attached. The second car drove itself, following instructions beamed over by the first in a feat of technology that indicates a new stage in automation is happening faster than many expected.

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Carmakers, others fund research toward cars that talk to each other

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.

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US auto makers rebound as sales hit 15.5M vehicles

2013 had been the best sales year for the auto industry as US consumers bought 15.5 million vehicles. Ford Motor Co., Honda Motor Co. and Chrysler Group posted single-digit percentage gains, while General Motors Co. and Toyota Motor Corp. sales declined.

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China gives green light to USD1.3 billion Dongfeng-Renault joint venture

The Chinese government on Thursday cleared the USD1.3 billion car-making joint venture between Dongfeng Motor Group and France's Renault. Under the deal, the two companies will manufacture 150,000 multi-purpose vehicles annually.

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