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Big auto deals coming?  

Deal chatter heats up, as autos look to shift into high gear, with CNBC's Melissa Lee and the Options Action traders.
Source: CNBC.com
General Motors, Subaru models added to Takata air bag recall

DETROIT- General Motors and Subaru are adding vehicles to the growing list of models being recalled by 11 automakers due to potentially exploding air bags. The U.S. government's National Highway Traffic Safety Administration released the model information on Friday. The vehicles are equipped with air bag inflators made by Takata Corp. of Japan that can...
Source: The Associated Press
Automakers, gov't reveal models in expanded Takata recall

DETROIT- Car owners are beginning to find out if their cars or trucks are included in a big expansion of a recall of air bags made by Takata Corp.. Automakers, as well as Canadian and U.S. safety regulators, are posting documents that spell out the vehicles being recalled to replace air bag inflators that can explode with too much force, spewing shrapnel into the...
Source: The Associated Press
Ford to give other automakers access to its EV tech

Ford said it would give other automakers access to its electric vehicle technologies to accelerate research and development of such vehicles.
Source: Reuters
UPDATE 2-Ford to offer access to electrified-vehicle patents for a fee

May 28- Ford Motor Co said it would give other automakers access to its electrified vehicle technologies for a fee to accelerate research and development of such vehicles. Ford's offer comes nearly a year after a move by Tesla Motors Inc, the California electric car maker, to share its patents with other companies, though at no charge. At least four major...
Source: Reuters
China stocks plunge 6.5%, worst selloff in 4 months

Mainland markets were the biggest losers in the region on Thursday, as fears over tighter requirements on margin financing ignited risk-off sentiment.
Source: CNBC.com | By: See Kit Tang
Weak yen helps Nikkei rise a 10th day, its longest win streak in 27 years

*Nikkei's winning streak is longest since Feb 1988 Nikkei has risen 5.0 pct over 10 days. TOKYO, May 28- Japan's Nikkei share average rose on Thursday, extending its gains to a 10th day as investors hoped exporters' earnings will rise after the dollar hit its highest against the yen since December 2002. The dollar's surge against the yen gathered pace during Asian...
Source: Reuters
Nikkei rises for 10th day as weak yen lifts exporters

TOKYO, May 28- Japan's Nikkei share average rose on Thursday morning, extending its gains to a 10th day as investors hoped exporters' earnings will rise after the dollar hit eight-year highs against the yen. "I thought the market would see a correction given the straight days of gains, but contrary to my initial view, it's being lifted by the weak yen," said Masashi Oda,...
Source: Reuters | By: Ayai Tomisawa
With "attitude shift", Takata moves from denial to compromise in air bag crisis

BEIJING, May 28- Japan's Takata Corp, which for months resisted U.S. regulators' demands to widen a recall over its potentially lethal air bags, has had an "attitude shift" and is in a mood to compromise to try to resolve the ballooning auto safety crisis, said a person close to the company. "'There's no use or gain in fighting the regulators' is how one Takata management...
Source: Reuters | By: Norihiko Shirouzu
Automakers to reveal models covered by wider air bag recall

DETROIT- Eleven automakers are expected next week to reveal which models are being added to a massive recall of air bags made by Takata Corp.. On Tuesday, the U.S. National Highway Traffic Safety Administration announced a deal with Takata to declare millions of its air bag inflators defective and expand the recall from 17 million to 33.8 million.
Source: The Associated Press | By: By TOM KRISHER, AP Auto Writer