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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 […]

Sales of Small CUVs Led By Honda Motor Co Ltd (ADR)(NYSE:HMC) Are Expected To Incline In 2015

The shift in consumer preferences indicates that the sales of small crossover sport utility vehicles may take the plunge and touch new heights in 2015. Reports claim that CUVs will overtake sedan cars available in the new car business for the first time. The overall sales rose by 15.6% in 1Q2015. It happened due to […]

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 […]

Nissan Motor Co., Ltd (TYO:7201) hires Fred Diaz to manage namesake brand – TM, HMC

Boston, MA 04/15/2013 (wallstreetpr) – Nissan Motor Co., Ltd (TYO:7201) (Closed: 1,052 JPY, Up by 0.86%)’ s sales in the United States have been dragging despite the rebound in the industry this year. The company has hired Fred Diaz, a former Chrysler Group LLC executive to manage its namesake brand in America. The 47-year-old Diaz […]

GM (NYSE:GM) and Its Chinese Partner Opens New Plant In China – GM, TSLA, KNDI, SORL, HMC

General Motors Company (NYSE:GM) and its local Chinese partners announced on Monday that it have release a new plant to make cars for its local discount brand Baojun. The new joint venture SAIC-GM-Wuling released the factory on Sunday in southwestern Guangxi province. GM and its partners declared they have invested 8B yuan or about $1.3 […]

Toyota (NYSE:TM) Announces Second Global Recall For Prius Hybrid – TM, GM, F, TSLA, HMC

Toyota Motor Corporation (NYSE:TM) declared on Friday another international recall of 2.77M vehicles following its major recall of 7.43M vehicles previous month. The newest recall engages 14 models including the Prius hybrid and 2000–2006 Corolla compact sedans to facilitate are subject to inspection and fix due to a problem with their steering and water-pump systems. […]

GM (NYSE:GM) Announces Milestone for DMAX Engine Plant – GM, F, HMC, SORL, TTM

General Motors Company (NYSE:GM) reported the milestone on Friday for engine plant, as the Moraine DMAX plant reached the 1.5 million diesel engine production mark this week. A joint venture of GM and Isuzu Motors Ltd., DMAX Ltd was established in 1998. GM initiated the Duramax diesel in the United States in its 2001 model […]

European Unit; CEO of GM (NYSE:GM) Reassures Workers for Work – GM, HMC, F, TM, SORL

Chief executive of General Motors Company (NYSE:GM) has told to employees at the under stress Opel unit that there are signs the firm’s effort to turn about its European operation is starting to work. GM is annoying to make its European business profitable following years of losses. Opel reported on Thursday GM Chairman and CEO […]

Ford Motor Company (NYSE:F)’s shares slightly up 0.27% on Tuesday after it declared that it leads firms selling $3.4B in asset-backed securities while auto debt dominates the market

The automaker giant is issuing $1.08B of bonds backed by auto loans, people familiar with the transaction reported who asked not to be identified for the reason that terms aren’t public. The people said that GM Financial, which provides loans to buyers with poor credit purchased by General Motors Co. (NYSE:GM), is selling $1B in […]

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