agent Entrepreneur logo
MenuMENU
SearchSEARCH
Enter keywords to search across all content
Newsby AE eMagazineMay 20, 2015

Takata Air Bag Recall Expands to Record 34 Million Vehicles

As part of an agreement with Takata, federal regulators expanded the recall of vehicles equipped with the company’s air bags to 33.8 million in the U.S., making it the largest safety recall in the nation’s history, reports Detroit Free Press. The move essentially doubles the number of vehicles being recalled to replace potentially lethal air ... Read More »

Read More →
Newsby AE eMagazineMay 20, 2015

Toyota, Honda Have Best Supplier Relations in U.S.

For the fifth straight year, Toyota Motor Corp (7203.T) and Honda Motor Co (7267.T) topped a study of automakers with U.S. plants in supplier relations, helping them get the best parts at the lowest cost, reported Reuters. Toyota was the tops in supplier relations, followed closely by Honda. Ford Motor Co (F.N) was a distant third, followed by Nissan ... Read More »

Read More →
Newsby AE eMagazineMarch 24, 2015

Honda Hires U.S. Engineering Firm Exponent to Probe Takata Air Bags

Honda Motor Co has hired Exponent, a U.S.-based engineering consulting company enlisted by Toyota Motor Corp during its recall crisis in 2010, to investigate the cause of ruptures in some air bags made by Takata Corp, reported Reuters. The hiring of Exponent was first reported by Japan’s Jiji News on Monday and confirmed by a ... Read More »

Read More →
Ad Loading...
Newsby AE eMagazineFebruary 23, 2015

Honda Turns to New CEO After Crisis-Filled Era

Honda Motor Co.’s chief executive officer will step aside later this year as Japan’s third-largest carmaker reels from one of the biggest setbacks over quality in its history, reported Bloomberg. In a surprise announcement on Monday in Tokyo, 61-year-old Takanobu Ito said he’ll hand over the reins to Managing Officer Takahiro Hachigo, 55, after the ... Read More »

Read More →
Newsby AE eMagazineJanuary 13, 2015

Feds Fine Honda $70 Million for Safety Reporting Violations

DETROIT – The U.S. Department of Transportation’s National Highway Traffic Safety Administration announced Thursday Honda Motor Co. has agreed to pay $70 million for failing to report deaths, injuries and certain warranty claims to the federal government, reported MLive. NHTSA said the Japanese automaker was in violation of the Transportation Recall Enhancement, Accountability and Documentation ... Read More »

Read More →
Newsby AE eMagazineNovember 30, 2014

Toyota Recalls More Cars for Dangerous Takata Air Bags

Toyota Motor Corp said on Thursday it would recall 57,000 vehicles globally to replace potentially deadly air bags made by Takata Corp, as a safety crisis around the Japanese auto parts maker looks far from being contained, reported Reuters. Toyota’s action follows a recall by rival Honda Motor Co for the same problem two weeks ... Read More »

Read More →
Ad Loading...
Newsby AE eMagazineNovember 19, 2014

U.S. Auto Regulator Seeks Nationwide Recall of Takata Air Bags

The U.S. auto safety regulator has told Japanese supplier Takata Corp and five automakers to expand nationwide a regional recall of potentially lethal air bags, increasing pressure on the industry to move faster in a growing scandal, reported Reuters. The National Highway Traffic Safety Administration (NHTSA) also scolded Takata for what it called “an unwillingness ... Read More »

Read More →
Newsby AE eMagazineNovember 18, 2014

Takata Senior VP to Testify Before U.S. Senate Committee

Representatives of Takata Corp, Chrysler Group Llc, Honda Motor Co Ltd and the National Highway Traffic Safety Administration will testify before the U.S. Senate Commerce Committee on Thursday to answer questions about the dangers posed by air bags supplied by Takata, reported Reuters. The final witness list, provided by a Senate aide, includes Hiroshi Shimizu, ... Read More »

Read More →
Newsby AE eMagazineNovember 11, 2014

U.S. Safety Regulators Probe Honda, Nissan Vehicles for Steering Issues

U.S. safety regulators have opened separate investigations into potential steering issues in an estimated 374,000 Honda Accord sedans and an estimated 17,000 Infiniti EX35 compact crossover vehicles, reported Reuters. The National Highway Traffic Safety Administration (NHTSA) has opened a preliminary evaluation into the failure of electric power steering in certain 2013 Accords made by Honda ... Read More »

Read More →
Ad Loading...
Newsby AE eMagazineNovember 7, 2014

Honda Heightens U.S. Response to Problems With Takata Air Bags

Honda Motor Co. said on Thursday that it is expanding its U.S. response to potentially explosive air bags made by Takata Corp. , adding a small number of vehicles in certain hot and humid regions and upgrading its previous action to an official recall, reported The WSJ. Honda’s move comes after rivals Toyota Motor Co. ... Read More »

Read More →