Mar 30, 2016

Honda and Takata's stealth air bag fix

by

In August 2009, after ruptured air bag inflators in Honda vehicles were linked to least four injuries and a death, the automaker quietly requested a design change and did not notify U.S. regulators, Honda confirmed in response to inquiries from Reuters. Honda Motor Co. ...

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 ...

Honda chief rebuilds management team

Feb 24, 2016

Honda chief rebuilds management team

Honda Motor Co. President Takahiro Hachigo is assembling his team of senior executives a year after being named to the position. Nine members of top management are retiring following a series of quality issues. Seiji Kuraishi, head of Honda’s China business, becomes executive vice ...

Strong yen is a brake on Japanese carmakers' profits

Feb 15, 2016

Strong yen is a brake on Japanese carmakers' profits

by

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 ...