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World - As Ford closes, European rust belt seeks new ideas


By Robin Emmott and Robert-Jan Bartunek GENK, Belgium (Reuters) - In the heart of western Europe, the Belgian-Dutch-German rust belt has been dealt another blow. Two car plants closed this month as companies sought cheaper labor elsewhere, the final chapter of a manufacturing boom that began when coal mines fuelling Europe`s industrialization shut in the 1960s. The final production day at Ford Motor Co`s plant in the eastern Belgian city of Genk came barely two weeks after General Motors closed its Opel Bochum factory across the border in Germany, both part of automakers` strategy to adapt to falling sales following the euro zone crisis. `I worked at Ford Genk for almost 40 years, I`ve never applied for another job in all my life,` said Pierre Boonen, 57, after one of his last shifts at the plant that generated work directly or indirectly for around 10,000 people.


Sunday, December 21, 2014  12:39

Yahoo

Business - U.S. regulator orders national Takata driver-side air bag recall


By Bernie Woodall DETROIT (Reuters) - The U.S. National Highway Traffic Safety Administration on Wednesday ordered air bag supplier Takata Corp to expand its regional recall of driver-side air bags to cover the entire United States. Such a nationwide recall would affect vehicles made by five automakers: Ford Motor Co ; Honda Motor Co ; Chrysler Group LLC, a unit of Fiat Chrysler Automobiles ; Mazda Motor Corp and BMW AG . NHTSA gave Takata until Tuesday to issue a recall. ...


Wednesday, November 26, 2014  17:35

Yahoo

Business - Japan automakers add 550,000 cars to Takata air bag recalls


By Chang-Ran Kim and Mari Saito TOKYO (Reuters) - Three Japanese automakers will recall more than half a million cars globally to replace air bag inflators made by Takata Corp , bringing the total tally of Takata-related recalls across all brands to around 20 million since 2008. The recalls announced on Thursday by Honda Motor , Nissan Motor and Mitsubishi Motors correspond with a similar, precautionary recall by Toyota Motor last week after a recent `unusual deployment` of a passenger-side air bag at a scrap yard in Japan. ...


Thursday, December 11, 2014  07:50

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Most Recent - General Motors Fast Facts



Tuesday, December 09, 2014  19:31

Yahoo

Business - Nissan to recall around 152,000 cars worldwide over Takata air bags


TOKYO (Reuters) - Nissan Motor Co said on Thursday it would recall around 152,000 cars worldwide that carry potentially defective Takata Corp air bags. Japan`s No. 2 automaker said it was recalling cars using Takata`s passenger side air bags including its Presage minivan models. Nissan said it expanded its recall after a recent `unusual deployment` of a Takata air bag at a salvage yard in central Japan, which also triggered recalls by Toyota Motor Corp . The company also said it was recalling 250,000 cars, including its March model in Japan, over separate issues with its door mirrors. ...


Thursday, December 11, 2014  05:45

Yahoo

Business - Honda says November China auto sales down 12 percent on year


SHANGHAI (Reuters) - Honda Motor Co Ltd and its two Chinese joint ventures sold 72,973 vehicles in China in November, down 12.1 percent from a year earlier, the Japanese automaker said on Tuesday. This follows a 5.8 percent year-on-year fall in October and a 23.1 percent decline in September. In the first 11 months of this year, Honda sold a total of 646,127 vehicles, down 1.4 percent from a year earlier. Honda makes vehicles in China in partnership with Dongfeng Motor Group Co and Guangzhou Automobile Group Co . ...


Tuesday, December 02, 2014  06:19

Yahoo

Business - Japan may expand air bag recalls; worried about impact on industry


By Mari Saito and Maki Shiraki TOKYO (Reuters) - Honda Motor and Mazda Motor may have to recall another 200,000 cars in Japan to replace Takata Corp air bags if Takata complies with a U.S. order to recall cars across the United States rather than just in humid regions. Several automakers in the U.S. have issued regional recalls of certain models to investigate what is causing some Takata air bags to explode with excessive force. U.S. safety regulators have ordered Takata to have those recalls expanded nationwide. Takata has so far resisted a wider U.S. ...


Friday, November 28, 2014  10:37

Yahoo

Business - Toyota recalls more cars for dangerous Takata air bags


By Chang-Ran Kim TOKYO (Reuters) - Toyota Motor Corp said on Thursday it would recall 57,000 vehicles globally to replace potentially deadly air bags made by Takata Corp, in a sign that a safety crisis around the Japanese auto parts maker is far from contained. Toyota`s action follows a recall by rival Honda Motor Co for the same problem two weeks ago after revelations of a fifth death, in Malaysia, linked to Takata`s air bag inflator. ...


Thursday, November 27, 2014  06:34

Yahoo

Business - Toyota to recall more cars for dangerous Takata air bags


TOKYO (Reuters) - Toyota Motor Corp said on Thursday it would recall 57,000 vehicles globally to replace potentially deadly air bags made by Takata Corp, in a sign that the safety crisis surrounding the Japanese auto parts maker is far from contained. Toyota`s action follows a recall by rival Honda Motor Co for the same problem two weeks ago after revelations of a fifth death, in Malaysia, caused by Takata`s air bag inflator. ...


Thursday, November 27, 2014  05:40

Yahoo

Business - Changan Auto sees sales to rise around 10 percent in 2015: executive


GUANGZHOU China (Reuters) - Chongqing Changan Automobile Co Ltd , the Chinese partner of Ford Motor Co , expects sales to reach 2.8 million units next year compared with about 2.55 million units forecast for 2014, its president Zhang Baolin said on Thursday. Zhang said he expected China`s auto market to grow around 6 percent in 2015, a similar pace to this year`s growth, he told reporters at the Guangzhou autoshow. Changan Auto, which also partners with Japanese carmaker Mazda Motor Corp and French automaker Peugeot SA , sold a total of 2. ...


Thursday, November 20, 2014  08:38

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