Toyota Motor Corp., the world’s largest automaker, expanded a 14-month-old recall of more than 2 million vehicles for faulty air bags after supplier Takata Corp. told customers further fixes may be needed.
Takata Corp., the Japanese auto- parts maker whose air bags led to the recall of more than 3 million vehicles last year, told customers including Honda Motor Co. that the defective components may need to be fixed again.
General Motors Co. wants to return to a New York courtroom to fight at least 90 ignition-switch defect lawsuits while some car owners are driving for the cases to be heard by a California judge seasoned in auto litigation.
Transnet Freight Rail, a unit of South Africa’s Transnet SOC Ltd., signed an agreement with Toyota SA Motors under which the rail operator will handle the transportation of certain locally manufactured and imported Toyota vehicles.
Tesla Motors Inc. , an electric carmaker working with Toyota Motor Corp. on battery-powered autos, said it will deliver two rechargeable prototypes to Toyota this month as a first step in their alliance.
Hedge fund FrontPoint Partners LLC employees were allegedly tipped by a French doctor working as a consultant for Human Genome Sciences Inc. on the results of trials for the hepatitis-C drug Albuferon, a person familiar with the matter said.
JPMorgan Chase & Co. , Bank of America Corp. and Ally Financial Inc., defending allegations of fraudulent home foreclosures from customers and Congress, may face the most financial peril from investigations by state attorneys general.
PT Astra International isn’t aware of any plans to boost the production capacity of Toyota Motor Corp. vehicles in Indonesia, Yulian Warman , head of Astra’s public relations division, said by phone today in Jakarta.