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Honda Motor Co will recall about 412,000 vehicles in the United States to address the risk that brake pedals may feel soft and slip closer to the floor over time, the company said on Tuesday.
Daimler will book a first-quarter gain of 265 million euros ($360.5 million) from selling its stake in Tata Motors, helping the German carmaker offset an expected hit from its EADS stake.
Japan's Honda will invest 4.7 billion rupees ($103 million) to build a second production plant in India, with an annual capacity of 600,000 units, to meet rising demand in the world's second-largest motorcycle market. Motorcycle sales in India rose 19 percent in 2009 to nearly 9 million units, behi...
Luxury carmakers say 2010 will not be the year of full recovery for their sector, which was hit by the crisis and did not benefit from government incentives.
Nissan Motor Co, Japan's third-biggest car maker, said it will recall about 540,000 vehicles worldwide due to potential defects in brake pedal pins and fuel-gauge components, mostly in the United States.
Fiat will this year equip its trademark 500 model with a new, superclean fuel engine as it steps up emission reductions to remain among Europe's most eco-friendly car producers, its brand head said on Tuesday.
Carmakers chastened by last year's crisis think 2010 is off to a good start, tempered by fears momentum could sputter if a broad economic recovery fails to materialize and as European governments turn stingy with car-scrapping bonuses.
Tata Motors said on Tuesday it would bring an electric version of the Nano, the world's cheapest car, to Europe within three years, starting with Britain and Scandinavia.
Tata Motors, India's top vehicle maker, reported a rise in sales and margins at its Jaguar Land Rover (JLR) unit as luxury buyers returned after the global crisis, helping send its shares up more than 6 percent.
Toyota Motor Corp President Akio Toyoda apologised to U.S. lawmakers probing the automaker's safety record and ended the day in tears, in what Japanese politicians hoped was a first step towards rebuilding trust in the country's most valuable company.
India's top carmaker Maruti Suzuki India, 54 percent owned by Japan's Suzuki Motor, said on Tuesday it is recalling 100,000 of its A-Star hatchbacks to fix a possible fuel leak.
Toyota Motor Corp promised a quality shake-up and apologized for safety mistakes that it blamed on rapid growth, as two days of congressional hearings crucial to the automaker's reputation got under way on Tuesday.
Toyota Motor Corp braced itself for further damage to its brand on Thursday, as it waited to hear if a U.S. probe into steering complaints would lead to another recall of its flagship Corolla model
Maruti Suzuki, will hire 3,000 people over the next three years as the leading Indian carmaker expands its operations in the fast-growing market, a senior official said on Friday.
U.S. regulators launched a preliminary investigation into reported steering problems on the Corolla sedan on Wednesday as Toyota Motor Corp
Volkswagen is recalling close to 200,000 units of its Novo Gol and Novo Voyage models built in Brazil for the local market, VW's third-largest, due to insufficient grease in rear wheel bearings in some cases.
Monthly car sales touched a record high in January as customers bought vehicles ahead of possible tax hikes in the Feb. 26 budget and experts said the momentum would continue until then.
The Indian unit of French carmaker Renault said on Tuesday its four-year-old joint venture with Indian utility vehicle maker Mahindra & Mahindra to make the no-frills Logan sedan would be restructured.
Toyota Motor Corp is preparing a recall of its new Prius hybrid car in Japan as early as Tuesday, followed by similar steps in the United States, Europe and other markets, a source familiar with its plans said.
Toyota Motor Corp's president apologized on Friday for safety problems and said the automaker would bring in outside experts to review quality controls, a highly unusual action for a company that has epitomized world-beating industrial standards.
 
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