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8 automakers recall over 12M vehicles for Takata air bags

DETROIT— Eight automakers are recalling more than 12 million vehicles in the U.S. to replace potentially dangerous Takata air bag inflators. Documents detailing recalls by Honda, Fiat Chrysler, Toyota, Mazda, Nissan, Subaru, Ferrari and Mitsubishi were posted Friday by the National Highway Traffic Safety Administration. Friday's U.S. recalls include...

Source: The Associated Press

Automakers recall 12 million U.S. vehicles over Takata air bags

WASHINGTON, May 27- Eight automakers said on Friday they are recalling more than 12 million vehicles in new recalls related to defective Takata air bags, according to documents posted by U.S. government regulators. Honda Motor Co is calling back 4.5 million U.S. vehicles, while Fiat Chrysler Automobiles NV is recalling 4.3 million, the documents show.

Source: Reuters

UPDATE 1-U.S. Virgin Islands sues Takata, Honda over airbags

May 26- The U.S. Virgin Islands sued Takata Corp and Honda Motor Co late on Wednesday over the sale of millions of recalled airbags linked to deadly ruptures. The Virgin Islands suit, seeking civil and other penalties, claims the companies committed fraud, used unfair trade practices and were negligent in allowing the use of the unsafe airbags.

Source: Reuters

U.S. Virgin Islands sues Takata, Honda over airbags

May 26- The U.S. Virgin Islands sued Takata Corp and Honda Motor Co late Wednesday over the sale of millions of recalled airbags linked to deadly ruptures, seeking civil penalties and other penalties. The U.S. territory joins the state of Hawaii, which earlier this month sued Takata and Honda, the largest user of recalled Takata air bags linked to 13 deaths and more...

Source: Reuters

1st 2017 Acura NSX rolls off line in North American debut

MARYSVILLE, Ohio— The next generation of Acura's top-of-the-line 2017 NSX has begun rolling off the line in Ohio. Honda donated the proceeds to charity. Honda's decision to build its top Acura specialty car in North America aims to tap the U.S. market and distinguish itself from European competitors, such as Lamborghini, Ferrari and others.

Source: The Associated Press

Dollar up slightly vs euro, franc after mixed Fed messages

The dollar stood tall and set a three-week high against the yen on Thursday, after the minutes of the U.S. Fed's meeting rekindled expectations.

Source: Reuters

Honda falls as Takata recall dents earnings

Honda Motor shares dropped after the automaker posted a surprise fourth-quarter loss.

Source: CNBC.com

BOJ delivers a shock

CNBC's Seema Mody looks at the inaction from the Bank of Japan and how it's affecting stock markets and the yen.

Source: CNBC.com

Honda launching three new green cars under 'Clarity'

The Japanese automaker will release three more eco-friendly sedans by the end of 2017.

Source: CNBC.com

Honda to add three green cars under Clarity name

DETROIT, April 21- Honda Motor Co will roll out three environmentally friendly sedans under the Clarity name in the United States by the end of 2017, the Japanese automaker said on Thursday, as it aims to boost green vehicle sales. A totally new model, the Honda Fuel Cell, was launched in Japan in March and will be available in California late this year.

Source: Reuters