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U.S. prosecutors probe Takata Corp over statements: WSJ
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U.S. prosecutors probe Takata Corp over statements: WSJ

U.S. federal prosecutors are trying to determine whether Japanese auto parts maker Takata Corp (7312.T) misled U.S. regulators about the number of defective air bags it sold to automakers, including Toyota Motor Corp (7203.T) and Honda Motor Co Ltd (7267.T), The Wall Street Journal reported on Wednesday.

By Emily Flitter; Additional reporting by Ben Kalyman; Editing by Andre Grenon, Sandra Maler and Leslie Adler

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Toyota recalls 1.67 million Toyota, Lexus cars

Toyota recalls 1.67 million Toyota, Lexus cars

Japan's Toyota Motor Corp (7203.T) said on Wednesday it would recall a total 1.67 million vehicles globally in a voluntary move to address three separate defects including a faulty brake master cylinder that could hinder the brake's performance.

By Maki Shiraki; Writing by Chang-Ran Kim; Editing by Chris Gallagher and Kenneth Maxwell

Facing new oil glut, Saudis avoid past mistakes to halt price slide

Facing new oil glut, Saudis avoid past mistakes to halt price slide

Still haunted by its failed attempt to prevent a steep drop in oil prices by slashing production by almost three quarters in the 1980s, the world's top oil exporter Saudi Arabia is determined not to make the same mistake again.

By RANIA EL GAMAL

Fiat Chrysler crowns merger with Wall Street debut

Fiat Chrysler crowns merger with Wall Street debut

Fiat Chrysler Automobiles (FCA) made its Wall Street debut to great fanfare on Monday, shifting the carmaker's center of gravity away from Italy and capping a decade of canny dealmaking and tough restructuring by CEO Sergio Marchionne.

By AGNIESZKA FLAK AND PAUL LIENERT

Nissan says Sept China auto sales down 20 percent year-on-year

Nissan says Sept China auto sales down 20 percent year-on-year

Japanese automaker Nissan Motor Co Ltd (7201.T) said on Friday that, together with its Chinese joint venture partner, it sold about 93,700 automobiles in China in September, down 20 percent from a year earlier.

By Samuel Shen and Kazunori Takada

Chrysler recalls cargo vans due to inadvertent airbag deployments

Chrysler recalls cargo vans due to inadvertent airbag deployments

Chrysler Group LLC said on Tuesday it is recalling about 22,100 small cargo vans because of inadvertent side air bag deployments, the company and U.S. safety regulators said.

By Bernie Woodall in Detroit; Editing by Jeffrey Benkoe

Europe's carmakers walk tightrope between low cost and high spec

Europe's carmakers walk tightrope between low cost and high spec

Carmakers are betting on style and recycling in the battle for Europe's burgeoning small car market, adding hi-tech safety and entertainment features while often using older vehicle underpinnings as a way to keep prices down.

By EDWARD TAYLOR

Volkswagen's Seat says nearing profitability

Volkswagen's Seat says nearing profitability

Volkswagen's (VOWG_p.DE) Spanish division Seat is nearing profitability as new models boost sales and core European markets grow, Seat boss Juergen Stackmann said.

By Andreas Cremer; Editing by Mark Potter