FRANKFURT - German luxury carmaker BMW has fixed a security flaw that could have allowed hackers to unlock the doors of up to 2.2 million Rolls-Royce, Mini and BMW vehicles, it said on Friday.
TOKYO - Japan's core inflation slowed for a fifth month in December and is seen pressured further by collapsing oil, putting more distance to the central bank's 2 percent price target even as other data point to a steady recovery for the recession-hit economy.
TOKYO - Japan's Honda Motor Co sliced 6.5 percent off its core annual profit forecast as it set aside hundreds of millions of dollars in extra cash to cover an extended car recall to replace potentially faulty air bags made by Takata Corp .
- Ford Motor Co has two big challenges in 2015 - narrowing its loss in Europe where it trails key rivals, and rebuilding North American margins which drive overall profits. | Video
- U.S. vehicle safety regulators want to find whistleblowers with knowledge “of possible defects or any wrongdoing” by Takata Corp , stepping up pressure on the air bag maker whose products are linked to five deaths and dozens of injuries.
DETROIT - Honda Motor Co said on Thursday that a driver was killed last week in a Houston suburb in a 2002 Accord equipped with a Takata Corp air bag that may have ruptured.
- Ford Motor Co has two big challenges in 2015 - narrowing its loss in Europe where it trails key rivals, and rebuilding North American margins which drive overall profits.
TOKYO - As Japan's Honda Motor Co pays hundreds of millions of dollars to replace potentially deadly air bags, hitting earnings, a new headache lies around the bend - cheaper U.S. petrol could lure buyers away from its fuel-efficient cars.
DETROIT - General Motors Co will suspend production at its St. Petersburg auto assembly plant in Russia from mid-March to mid-May and is raising prices for its products because of the weak and volatile Russian rouble, a company spokesman said on Thursday.
WOLFSBURG, Germany - Volkswagen should be able to cut costs at its troubled passenger car brand by "substantially more" than the 5 billion euros (3.74 billion pounds) planned by the German carmaker's top management, its works council chief said.