Mitsubishi

Shigehisa Takada

As Toyota Dropped Its Airbags, Takata Shares Plunged

Toyota decides to drop Takata as their airbag supplier last week. Previously, other automakers have ditched Takata as their airbag suppliers as well. This gives a devastating blow to Takata, whose shares drop 25% after series of incidents related to airbags defect.

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Japan's Nikkei

Japanese trading houses to cut investments, step up asset sales

Japan's big trading houses, stung by large asset writedowns in the wake of the global commodities slump, plan to step up asset sales and wind back investment spending by up to $10 billion over the next three years.

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Chrysler

Chrysler to begin replacing Takata air bag inflators in U.S. in Dec

Chrysler Group will begin replacing potentially defective air bag inflators made by Takata Corp in more than 371,000 U.S. vehicles in early December, according to documents filed by the automaker with U.S. safety regulators.

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Nissan auto dealer

Daimler, Nissan to cooperate on transporter vans

Daimler has struck a cooperation deal with Nissan Motor Co. on transporter vans, deepening a strategic alliance between the German and Japanese automakers.

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General Motors

Takata regional U.S. air bag recalls may include GM vehicles

The safety recall in parts of the United States of millions of vehicles with potentially defective air bags made by Japan's Takata Corp (7312.T) may expand to include General Motors Co (GM.N), according to documents filed this week with U.S. regulators.

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Citigroup Inc

Citigroup seeking to sell Diners Club business in Japan with retail unit-sources

Citigroup Inc (C.N) on Friday told bidders for its Japanese retail banking operations that it was looking to sell its profitable Diners Club card business in Japan with the retail unit, sources with knowledge of the matter said.

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Mitsubishi

Mitsubishi halts Venezuela plant due to imports snag: union

Japanese automaker Mitsubishi's (7211.T) subsidiary in Venezuela has halted operations due to a delay in the import of parts for assembly, a union official said on Friday.

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CFAO Motors

CFAO Auto Group looks at entering the Nigerian car manufacturing market

CFAO Auto Group has been looking at the potential car market in Nigeria following other multinational companies including Toyota, Nissan and Kia's entrance to the country through local partnership with distributors for car assembly and production.

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European Union Flag

EU mergers and takeovers

Mergers under review by the European Commission and a brief guide to the EU merger process

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