Honda Motor Co said it would recall another 440,000 cars around the world for faulty airbags, as rival Toyota Motor Corp faced further probes over its largest-ever safety crisis.
Toyota Motor Corp was not accustomed to outsiders telling it what to do, let alone some obscure bureaucrat from the United States.
As the U.S. Congress gears up to delve into Toyota Motor Corp's (7203.T) massive global vehicle recall, the question they face is whether the automaker and regulators misread or ignored rising consumer complaints.
A U.S. congressional committee postponed a hearing scheduled for Wednesday to examine recent vehicle recalls and how Toyota Motor Co and regulators responded to reports of safety problems with big-selling cars.
Corrects cost of latest Honda recall in 12th paragraph to 2 billion yen to 3 billion yen, from 20 billion yen to 30 billion yen. Changes currency conversion.
Japan's Nikkei average rose 0.5 percent on Wednesday, with blue-chip shares that had been sold off on concerns about fiscal stability in Europe regaining ground with news of potential aid for heavily indebted Greece.
Asian stocks rose on Wednesday on signs that the European Union may rescue debt-strapped Greece, coaxing nervous investors back to riskier assets, but uncertainty over the plan weighed on the euro.
Honda Motor Co said it would recall another 438,000 cars globally to replace an airbag deflator that could rupture and send shards toward the driver in an accident.
Toyota Motor Corp will recall 7,314 model-year 2010 Camry sedans in the United States due to the risk that a potential defect in steering may make it harder for drivers to stop the vehicle.
The spiraling crisis at Toyota Motor Corp deepened on Tuesday as the automaker said it would recall thousands of Camry sedans as well as nearly half a million new Prius and other hybrid cars to fix steering and braking problems.
The U.S. government will continue its investigation into 2010 Prius hybrids over braking complaints even though Toyota Motor Corp has announced a recall of that model, the Transportation Department said on Tuesday.
Toyota Motor Corp said it would recall nearly half a million new Prius and other hybrid cars for braking problems as it battled criticism of its response to the spiraling safety crisis.
Nissan Motor Co , Japan's third-largest automaker, returned to quarterly profit on Tuesday and lifted its outlook for the second time, as brisk global sales signal the worst may be over for the auto industry.
Toyota Motor Corp said it is recalling nearly half a million of its flagship Prius and other hybrid cars for braking problems as it seeks to address criticism over the handling of its worst safety crisis.
Toyota Motor Corp President Akio Toyoda wrote in an article published on Tuesday that he has promised the top U.S. transportation official the troubled automaker will be more vigilant in the future about responding to safety regulators.
Toyota Motor Corp will recall around 436,000 hybrid cars worldwide, including the 2010 Prius model, according to a document obtained by Reuters on Tuesday.
Toyota Motor Corp said on Tuesday it would recall its flagship Prius hybrid in Japan for braking problems and that it had halted shipments of two other hybrid models to check for similar problems.
Toyota Motor Corp was preparing a global recall of its new Prius model on Monday, further damaging its reputation for quality and reliability on the heels of two other massive recalls.
Toyota Motor Corp will suspend domestic production of its Sai and Lexus HS250h hybrids, which are to be recalled for faulty brakes, the Nikkei newspaper reported on Tuesday.
Toyota Motor Corp will suspend domestic production of its Sai and Lexus HS250h hybrids, which are to be recalled for faulty brakes, the Nikkei newspaper reported on Tuesday.
REUTERS FORECASTS:The median forecast for retail sales is for a rise of 0.3 percent after a 0.3 percent fall in December. Forecasts range from a drop of 1 percent to an increase of 0.8 percent.
A consumer advocate set to testify this week in a congressional probe of safety issues at Toyota Motor Corp said on Sunday the automaker had skirted a full investigation of unintended acceleration in its vehicles and faced a risk of growing recalls.
