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Auto 10 Jul 2017 | 11:00 PM

Honda confirms 11th U.S. death tied to ruptured Takata air bag inflator

WASHINGTON: Honda Motor Co said on Monday it had confirmed an 11th U.S. death involving one of its vehicles tied to a faulty Takata Corp <7312.T> air bag inflator.

Business 26 Jun 2017 | 1:03 AM

Japanese airbag maker Takata files for bankruptcy, gets Chinese backing

TOKYO/WASHINGTON: Japan's Takata Corp , the firm at the center of the auto industry's biggest ever product recall, filed for bankruptcy protection in the United States and Japan, and said it had agreed to be largely acquired for $1.6 billion by the Chinese-owned U.S.-based Key Safety Systems.

Corporate News 26 Jun 2017 | 12:34 AM

Takata decides to file for bankruptcy

TOKYO: Japan's Takata Corp, the firm at the centre of the auto industry's biggest ever product recall, will file for bankruptcy protection in Japan on Monday with liabilities of more than 1 trillion yen (US$9 billion), a source said.

Auto 16 Jun 2017 | 12:35 AM

Trading in Takata shares to be suspended

TOKYO: Trading in shares of Japanese air bag maker Takata Corp will be temporarily suspended on Friday, said Japan Exchange Group, which operates Tokyo Stock Exchange.

Auto 25 May 2017 | 12:00 AM

Naza Kia launches the all-new Kia Optima GT

KUALA LUMPUR: Naza Kia Malaysia, the official distributor of Kia vehicles in Malaysia, launched the all-new fourth-generation Kia Optima GT sedan priced at RM179,888 (on-the-road with insurance).

Business 30 Mar 2017 | 7:52 AM

Top foreign and local stories at 4pm

Top foreign and local stories at 4pm

Corporate News 30 Mar 2017 | 6:23 AM

Toyota recalls 2.9m vehicles globally over airbags

TOKYO: Toyota Motor Corp on Thursday said it was recalling a total of about 2.9 million vehicles in Japan, China, Oceania and other regions including its Corolla Axio sedan and RAV4 SUV crossover due to potentially faulty airbag inflators.

Auto 24 Mar 2017 | 12:00 AM

Kia Grand Carnival enters premium MPV segment

PETALING JAYA: Naza Kia Malaysia has launched the highly acclaimed Grand Carnival, which is expected to be well received in the premium multi-purpose vehicle (MPV) segment.

Business 18 Feb 2017 | 12:00 AM

New Peugeot 208 GTi with upgraded engine launched

PETALING JAYA: The country’s official distributor of the Peugeot brand, Nasim Sdn Bhd, has launched the new Peugeot 208 GTi in Malaysia.

Corporate News 01 Feb 2017 | 5:09 AM

Honda's enhanced New City open for booking

KUALA LUMPUR: Honda Malaysia’s enhanced New City is now open for booking at all 88 Honda authorised dealers nationwide from Wednesday.