Category Archives: Japan

US auto sales up in June, but Japan still hurting

By doris | Published: July 1, 2011

Full Story at news.Yahoo.com DETROIT (AP) — Gas prices hit a sweet spot for automakers last month. They fell far enough to spur pickup truck sales, yet remained so high that small cars sold well, sometimes just hours after reaching dealers’ lots. That made June a good month for General Motors and Ford, which have [...]

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Oil tops $110 after Japan suffers another blow

By doris | Published: April 7, 2011

Full Story atmoney.cnn.com The gains came after a 7.1-magnitude earthquake occurred around 10:30 a.m. ET, near the same location off the coast of Japan as the March 11 earthquake. Japan’s news agency NHK issued a tsunami warning for roughly the same area that had been deluged by water less than a month ago. The tsunami [...]

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Toyota tells U.S. plants ‘prepare to shut down’

By doris | Published: March 23, 2011

Full Story at money.cnn.com NEW YORK (CNNMoney) — Toyota’s U.S. manufacturing arm is preparing for a possible shutdown because of parts shortages from Japan, a Toyota spokesman said. Word has gone out to all 13 of Toyota’s factories in the United States, Canada and Mexico. This does not mean that the plants will stop working, [...]

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Sony, Nissan Resume Operations at a Few Factories in Japan

By james | Published: March 22, 2011

Full Story at TechZone360.com Manufacturing is slowly getting back to normal in Japan for several big companies that had stopped operations after a massive earthquake. Sony expects to partially resume operations at a lithium ion battery plant in Tochigi prefecture on Tuesday, according to a report from Reuters. However, six Sony plants in Japan remain [...]

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Investors should get prepared for a wild week

By doris | Published: March 20, 2011

Full Story at msnbc.com NEW YORK — Watch out for intraday swings because it’s going to be wild. Cataclysmic events, including a nuclear disaster in Japan, uprisings in the Middle East and North Africa and the possibility of more currency market intervention will keep investors reacting to headlines. “This is an extremely news-driven market. Investors [...]

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GM to shut plant amid shortage of Japanese parts

By doris | Published: March 17, 2011

Full Story at money.cnn.com NEW YORK (CNNMoney) — General Motors has suspended production at a facility in Louisiana due to a shortage of parts stemming from the natural disaster in Japan, the automaker said Thursday. The Shreveport Assembly plant, where GM makes the Chevrolet Colorado and GMC Canyon, will be closed for the week of [...]

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Honda recalls vehicles over ignition switch

By doris | Published: August 16, 2010

Full Story at msnbc.com WASHINGTON — Honda Motor Co. is recalling the popular Accord and Civic passenger cars to address problems with an ignition switch that could allow the key to be removed without the transmission being shifted into park, its third recall over the problem since 2003. Honda said the most recent recall involved [...]

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More deaths may be linked to recalled Toyotas

By doris | Published: February 16, 2010

Full Story at msnbc.com WASHINGTON – Complaints of deaths connected to sudden acceleration in Toyota vehicles has surged in recent weeks, with the alleged death toll reaching 34 since 2000, according to new consumer data gathered by the government. Complaints to a database maintained by the National Highway Traffic Safety Administration about the popular Toyota [...]

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Asia markets rise on Japan stimulus, China lending

By doris | Published: April 13, 2009

Full Story At HONG KONG – Asian markets gained more ground Monday as Japan’s new $150 billion stimulus plan and upbeat news about Chinese bank lending boosted hopes for recovery in the region’s major economies. Trade was thinner than normal with many investors still away for a public holiday and several markets closed. A stronger [...]

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