NEWS

Toyota Expands Takata Airbag Recalls in Japan, China

12/5/2014

Toyota Motor Corp. says it will recall an additional 185,000 vehicles in Japan and 5,000 in China to replace passenger-side airbag inflators from Takata Corp. that could explode when activated.

Average Gasoline Price Falls to $2.73

12/5/2014

The average price for a gallon of regular gasoline in the U.S. declined another two cents to $2.73 yesterday, according to the AAA Daily Fuel Gauge Report.

Ford Sales in China Rise 2%

12/5/2014

Ford Motor Co. reports car and truck sales through its two ventures in China expanded 2% to 100,800 units last month compared with November 2013.

Mitsubishi Dealers in Japan to Add EV Chargers

12/5/2014

Mitsubishi Motors Corp. plans to install fast-charge stations at all 700 of its dealerships in Japan by March 2016, The Nikkei reports.

Uber Car-Share Service Valued at $41 Billion

12/5/2014

Uber Technologies Inc. says its latest $1.2 billion in funding valued the five-year-old company at $41 billion.

Daimler to Open Auto Plant in Russia?

12/5/2014

Daimler AG is in talks with local officials in Moscow and St. Petersburg about launching car production in Russia, Interfax reports.

Alcoa Claims Stunning Advance in Aluminum

12/5/2014

Alcoa Inc. describes its new Micromill process as a dramatic breakthrough in aluminum production and performance.

Uber Sets Up Software Unit in Amsterdam

12/4/2014

Uber Technologies Inc., the San Francisco-based ride-share provider, has set up an office in Amsterdam to develop smartphone apps for its services, the Associated Press reports.

Ex-Nissan Chief Bob Thomas Dies

12/4/2014

Bob Thomas Bob Thomas, CEO of Nissan Motor Corp.'s U.S. operations between 1993 and 1997, died last week in Hawaii after a brief illness, Automotive News reports.

Honda to Recall Driver-Side Takata Airbags Nationwide

12/4/2014

Honda North America Executive Vice President Rick Schostek announces nationwide Honda airbag recall Honda Motor Co. tells a Congressional hearing it will expand its U.S. recall of suspected defective Takata airbag inflators nationwide.