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Toyota recalls 6.39 million vehicles worldwide

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Toyota on Wednesday recalled 6.39 million vehicles worldwide for five different problems, dealing another blow to the world’s largest automaker whose reputation for quality and safety has been dented in recent years.

Posted: April 9th, 2014 in Latest Business Stories | Read More »

Ford recalls vehicles over steering, seat back issues

FILE PHOTO

Ford Motor issued two vehicle recalls Monday, one to fix a corrosion risk that could affect steering and another to replace seat frames that do not meet safety standards.

Posted: April 8th, 2014 in Latest Business Stories | Read More »

India auto giant enters PH market

WITH a 140-year Tata heritage (including 69 years in the locomotive and automotive industries) backing him up, Nicky Mariano, himself a 25-year veteran in the Philippine automotive industry, sees bright days ahead for Pilipinas Taj Autogroup.

Tata Motors Ltd., the largest manufacturer in the Indian automotive industry, has formally entered the Philippine market, as the company considers the country to be the perfect platform for future growth and expansion in Southeast Asia.

Posted: April 4th, 2014 in Latest Business Stories | Read More »

GM recalls another 1.5M cars over steering issue

AP FILE PHOTO

General Motors recalled another 1.5 million cars globally on Monday, this time for a power steering issue, as the company faces probes over mishandling a deadly faulty ignition problem.

Posted: April 1st, 2014 in Latest Business Stories,Photos & Videos | Read More »

Porsche recalls new 911 model due to engine fire risk

FILE PHOTO

Porsche, the German maker of luxury sports cars, said Wednesday it is recalling all 911 GT3 models built this year due to risk of possible engine fire.

Posted: March 19th, 2014 in Latest Business Stories | Read More »

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