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Jun 13, 2014

Exclusive: Honda expects to expand Takata airbag recall by more than 1 million cars – source

TOKYO (Reuters) – Honda Motor Co expects to recall more than 1 million more vehicles with potentially defective air bags, expanding a massive, multi-company air bag recall, according to a person with knowledge of the matter.

The recall involves faulty air bag inflators supplied by Takata Corp and would follow a similar move this week by Toyota Motor Corp. The Honda recall should be announced by the end of June, according to the person who asked not to be identified.

Jun 12, 2014

Japan regulator orders Honda, others to decide soon on air bag recalls

TOKYO, June 12 (Reuters) – Japan’s transport ministry has
ordered carmakers including Honda Motor Co and Nissan
Motor Co to decide as soon as possible whether they
need to recall more vehicles over potentially faulty air bags
made by Takata Corp.

The instruction to Honda, Nissan, Mazda Motor Corp
and the Japanese arm of BMW came after Toyota on
Wednesday expanded last year’s recall saying Takata had not
fully provided serial numbers of potentially flawed air bag

Jun 11, 2014

Faulty Takata air bags prompt expanded Toyota recall

TOKYO/DETROIT, June 11 (Reuters) – Takata Corp’s
safety crisis deepened on Wednesday after Toyota Motor Corp
recalled almost 2.3 million vehicles globally, many for
the second time, and the Japanese air bag maker warned that
further fixes may be needed.

The world’s largest automaker called back 1.62 million
vehicles outside of Japan that it recalled last year as well as
650,000 more in Japan not previously recalled. The additional
vehicles brought to more than 7 million the total number of cars
equipped with Takata air bags to be called back worldwide over
the last five years.

Jun 11, 2014

Toyota recalls another 650,000 vehicles for airbag flaws

TOKYO (Reuters) – Toyota Motor Corp is recalling about 650,000 vehicles in Japan because of potentially defective airbags, expanding a costly recall it announced in 2013 because the supplier, Takata Corp, had not fully identified the problematic parts, the carmaker said on Wednesday.

Shares of Takata dropped after the announcement and were down over 4 percent when the Tokyo market closed.

Jun 4, 2014

In Japan, labour crunch pushes businesses to reform

TOKYO, June 5 (Reuters) – Don Quijote and Uniqlo, two of
Japan’s best-known mass-market retailers, aren’t waiting for the
government’s new growth policies due later this month before
implementing their own labour reforms.

While many labour-intensive businesses face a shortage of
low-wage workers as Japan’s economy perks up, discount chain Don
Quijote Holdings is drawing five times more job seekers
since it bucked tradition and eased application requirements.

May 27, 2014

Thai coup unlikely to pose big risks for Japan automakers-auto lobby head

TOKYO, May 27 (Reuters) – Thailand’s military coup is
unlikely to pose major risks for Japanese car makers, the head
of Japan’s auto lobby said on Tuesday, as companies say they
have so far seen almost no impact on their operations in the

Fumihiko Ike, chairman of Honda Motor Co and the
head of the Japan Automobile Manufacturers Association, also
said that even though auto sales have plunged over the last year
after a subsidy programme ended, appetite for investment into
Thailand, an export hub for Japanese automakers, remains strong.

May 25, 2014

Infiniti and beyond: a less Japanese, more Latin look for premium automaker

BEIJING/ATSUGI, Japan, May 25 (Reuters) – Nissan Motor Co
is looking to give its Infiniti premium brand a design
makeover that will dilute its Japanese roots and flaunt a more
“passionate” Latin feel.

The bold initiative aims to rev up an upscale brand that has
struggled to establish itself in a competitive global market for
premium autos. Launched a quarter of a century ago in the United
States with an emphasis on its Japanese aesthetics, Infiniti
sold about 180,000 cars globally in the year to end-March -
about a tenth of rival Audi’s sales.

May 19, 2014

Japan automakers team up in engine research

TOKYO, May 19 (Reuters) – Japanese car makers including
Toyota Motor Corp and Honda Motor Co are
collaborating to develop new technologies for internal
combustion engines, aiming to better compete against European
rivals, the companies said on Monday.

The eight manufacturers who also include Nissan Motor Co
are investing a total of about 500 million yen ($4.9
million), in addition to receiving a 500 million yen government
subsidy, to set up an internal combustion engine research
association, they said.

May 14, 2014

Kennedy vows U.S. help to Japan for Fukushima nuclear clean-up

OKUMA, Japan, May 14 (Reuters) – U.S. Ambassador to Japan
Caroline Kennedy pledged U.S. support for the clean-up at
Japan’s tsunami-wrecked Fukushima Daiichi nuclear power plant on
Wednesday after her first visit to the site.

Kennedy, dressed in a white radiation protective suit with
her name taped on the back and a mask covering her face, went
inside a damaged reactor building where she saw how Tokyo
Electric Power Co (Tepco) is removing fuel rod
assemblies from a cooling pool.

May 12, 2014

Nissan forecasts profit growth but margins remain weak

YOKOHAMA, Japan (Reuters) – Nissan Motor Co (7201.T: Quote, Profile, Research, Stock Buzz) expects profit to grow at a slower rate than analysts forecast this year and an operating margin that would be the lowest of its compatriots, weighed down by the costs of aggressive expansion.

Japan’s second-largest automaker expects a 4.1 percent rise in net profit for the year to next March, boosted by sales of low-priced Datsun cars in emerging markets and growth in China, the world’s largest auto market.

    • About Yoko

      "Based in Tokyo since 2007, I have been covering politics in the world's third-biggest economy, as well as Japan's nuclear disaster, energy issues and diplomacy."
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