Honda Motor Co Ltd (ADR) (NYSE:HMC) Claims It Used ARC Airbag Inflators

Honda Motor Co Ltd (ADR) (NYSE:HMC) confessed that it used airbag inflators manufactured by ARC Automotive Inc., which is currently being investigated for probable flaws. A dark cloud of vehicle recalls has been hovering over the automaker for quite a long time now. The firm was the most affected by vehicle model recalls on account […]

Major Automobile Companies Recall Deadly Airbags from Takata Corporation (TYO:7312)

The US is facing the largest automotive recall in its history with major companies expanding its recall of vehicles carrying deadly Takata Corporation (TYO:7312) airbags. The Japanese airbag manufacturer announced last week that more than 53 million vehicles in the world were running with these deadly bags. Major automobile companies in the country including, Fiat […]

Honda Motor Co Ltd (ADR)(NYSE:HMC) recalls another 4.9 million vehicles over faulty air bags

On Thursday, Honda Motor Co Ltd (ADR) (NYSE:HMC) called back another 4.9 million vehicles with the speculation that they might also have faulty air bags. Honda is throwing in more precaution by making sure it will check all the vehicles that were fitted with airbags from TAKATA CORP, TOKYO (OTCMKTS:TKTDF). The vehicle manufacturer has joined […]

Ford Motor Company (NYSE:F) And Others’ Auto-Finance Departments Under Lens Of U.S. Consumer-Finance Regulator

Boston, MA 09/17/2014 (wallstreetpr) – The consumer-finance regulators in the U.S. have geared up for the detailed reviews of approximately 40 auto lenders. This drive will be taken up so that the federal regulators can find out whether auto lenders abide by the consumer-protection laws or not. The auto-finance departments of some of the leading […]