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Honda recalls another 4.5 million cars over exploding airbags

Last Updated: Thursday, July 9, 2015, 14:20

Japanese automaker Honda today said it was recalling another 4.5 million vehicles globally, as a scare over a deadly defect in Takata-made airbags widens.

Nissan to launch another small car by March

Last Updated: Wednesday, July 8, 2015, 19:44

Japanese auto-maker Nissan Motor will launch yet another small car by March next year, a top company official said today.

No plans to help air bag firm Takata fund global recalls: New Honda CEO

Last Updated: Monday, July 6, 2015, 13:09

"We have money budgeted for quality-related costs, as we did last year, and we think we can respond within this allocated amount," Hachigo said.

S&P moves Sharp back out of `selective default`

Last Updated: Wednesday, July 1, 2015, 15:59

Ratings agency Standard & Poor`s on Wednesday moved Japanese electronics maker Sharp back out of "selective default", just a day after lowering its assessment of the troubled company.

Sony may consider setting up facility in India

Last Updated: Sunday, June 28, 2015, 12:44

Japanese electronics major Sony is "seriously" looking at participating in the government's 'Make in India' initiative and may consider setting up a manufacturing plant in the country.

Daikin expects 20% growth, targets smart city projects

Last Updated: Friday, June 26, 2015, 17:08

Japanese air conditioner maker Daikin is aiming for a 20 percent growth in its turnover this fiscal on the back of expansion in sales from domestic residential and institutional segments and exports.

Takata CEO says internal probe into failing airbags not progressing well

Last Updated: Thursday, June 25, 2015, 19:08

The head of Japan`s Takata Corp said an internal probe into its potentially deadly air bag inflators was not progressing well, but vowed to stay at the helm until trust in the safety of its products was restored.

Tokyo's Nikkei stock index closes at 18-year high

Last Updated: Wednesday, June 24, 2015, 12:37

The benchmark Nikkei 225 index at the Tokyo Stock Exchange gained 0.28 percent, or 58.61 points, to 20,868.03, its highest finish since December 1996.

Honda reports eighth death in exploding airbag crisis

Last Updated: Monday, June 22, 2015, 14:36

Japanese automaker Honda confirmed a new death linked to an exploding air bag crisis -- bringing the global total to eight fatalities -- that has sparked the recall of millions of vehicles.

SoftBank Chairman calls on PM Modi

Last Updated: Monday, June 22, 2015, 14:03

Japanese telecommunication major SoftBank's Chairman and CEO Masayoshi Son on Monday called on Prime Minister Narendra Modi and expressed interest in investing in India's renewable energy sector.

Japan investigators quizzing Toyota executive on drug charges

Last Updated: Friday, June 19, 2015, 17:41

She is being held for allegedly importing oxycodone -- an opioid used to relieve pain -- without permission from the authorities, a crime that "is subject to one to 10 years in prison," he said.

Honda recalls 1.39 million cars with passenger-side Takata air bags

Last Updated: Tuesday, June 16, 2015, 12:36

Models affected by the Monday announcement include 2001 to 2005 Civic sedans and 2003 to 2007 Accord sedans sold in the United States.