Suzuki Motor says it will buy back VW stake as court settles feud

Last Updated: Monday, August 31, 2015, 09:16

Japan`s Suzuki Motor Corp said on Sunday it would buy back the 19.9 percent stake it sold to Volkswagen AG after an international arbitration court ordered the German automaker to sell its holding.

Honda records 20% profit rise on yen, despite recalls

Last Updated: Friday, July 31, 2015, 18:15

Japanese automaker Honda reported on Friday a 20 percent jump in fiscal first quarter profit on the back of a cheap yen that offset the damage from a massive air bag recall.

Honda recalls another 4.5 million cars over exploding airbags

Last Updated: Thursday, July 9, 2015, 15:00

The move takes to 24.5 million the total number of vehicles that the country's number three auto manufacturer has called back after the faulty airbags were linked to eight deaths around the world.

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.

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.

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.

Honda lowers forecasts after recalls push profit down

Last Updated: Friday, January 30, 2015, 15:47

Honda said it was hurt by recall expenses, mainly in North America. Honda is the automaker hardest hit by the quality woes over Takata Corp. Air-bags that explode. It relied on that Japanese supplier most heavily.

Honda says first-half profit up 13.5% to $2.47 bn

Last Updated: Wednesday, October 30, 2013, 12:17

Honda said Wednesday its net profit rose 13.5 percent in the first six months to September to USD2.47 billion, as the Japanese automaker benefited from the weaker yen and strong sales in North America.