Toyota Expands Takata Airbag Recalls in Japan, China
12/5/2014Toyota 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
12/5/2014The 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%
12/5/2014Ford 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
12/5/2014Mitsubishi 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
12/5/2014Uber 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?
12/5/2014Daimler 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
12/5/2014Alcoa Inc. describes its new Micromill process as a dramatic breakthrough in aluminum production and performance.
Uber Sets Up Software Unit in Amsterdam
12/4/2014Uber 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
12/4/2014Bob 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
12/4/2014Honda 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.