Mar 3, 2016

Toyota adds 331,200 more vehicles to recalls over Takata air bags

Toyota Motor Corp said Wednesday it is expanding by 331,200 cars worldwide its recall involving potentially defective Takata Corp. air bag parts. Toyota earlier on Wednesday said the new recalls totaled 356,000 globally but later lowered the figure. An estimated 29 million Takata air ...

Japanese automakers set sales records in U.S.

Mar 2, 2016

Japanese automakers set sales records in U.S.

An energetic market for sports utility vehicles and pickups drove record sales in the U.S. for Toyota Motor Corp. and Nissan Motor Co. in February, while Honda Motor Co. notched up double-digit percentage growth in passenger car sales, data showed Tuesday. Drawn by low ...

Feb 24, 2016

No Takata rescue in the cards, Hachigo says

Honda’s president is sticking to the stance that his company has no plans to conduct an independent financial bailout of supplier Takata, which is embroiled in a massive recall crisis over air bag inflators that may explode. Takahiro Hachigo, Honda Motor Co.’s president and ...

Feb 15, 2016

Toyota plants start again after six-day parts shortage

Toyota said Monday that operations have resumed at its vehicle assembly and parts plants in Japan, ending its longest domestic production outage since the March 2011 earthquake and tsunami. The world’s top automaker earlier said it would temporarily stop all domestic vehicle production from ...

Strong yen is a brake on Japanese carmakers' profits

Feb 15, 2016

Strong yen is a brake on Japanese carmakers' profits

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Japanese automakers may have run out of the fuel that has driven profits higher for the past four years: the weaker yen. Toyota Motor Corp. and Japan’s six other automakers may combine to earn ¥4.55 trillion in the fiscal year through March 2017, according ...