VENTURE CAPITAL POST

Takata Corp is reportedly planning to meet its major clients in order to discuss its business forecasts. The US transport authorities announced a fresh recall of about 5 million vehicles subsequent to the recent death caused by the Japanese firm's airbag inflators.

Daimler AG on Tuesday said it would expand its cooperation with partner Nissan Motor Co Ltd to develop a mid-sized pickup truck for Mercedes-Benz as the German premium automaker seeks to narrow its sales gap with rival BMW.

Car makers, including Volkswagen AG (VOWG_p.DE), Nissan Motor Co (7201.T) and Daimler AG's (DAIGn.DE) Mercedes Benz, said they are probing allegations aired late on Sunday by Chinese state TV that the firms oversold repairs and spare parts to drivers.

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.

Automakers and Silicon Valley upstarts are kicking their efforts to define the car of the future into a higher gear, even though many of the players disagree about what that car should be.

Daimler AG (DAIGn.DE) will buy 25 percent of Italian motorcycle maker MV Agusta IPO-MVAG.MI - the latest sign that motorbike and car technologies are converging, driven by a push to lower emissions and improve safety.

German carmaker Daimler will take a 5% stake in British luxury sports carmaker Aston Martin in exchange for supplying engines and electronic components to the latter. The partnership will develop a new generation of V8 engines for sports cars.

Hankook Tire Co Ltd stepped up by striking a deal with luxury car maker Daimler AG to supply tires for its new Mercedes-Benz S-Class and E-Class sedans.

Daimler reported that its quarterly operating revenue boosted by selling its aerospace and defense firm EADS stake.

Beijing Automotive established BAIC International Development Co to lead overseas acquisitions.