CHINA TOPIX

11/02/2024 04:29:56 pm

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Honda Motors

Chinese auto sector

China Auto Sales to Grow 5% in 2017 due to Tax Incentive Reduction

China's auto sector had a bumper year in 2016 as vehicle sales increased 13.7 percent, the fastest growth rate in three years. However, the outlook for the coming year is rather tepid as the government has announced phasing out tax incentives on vehicle purchase.

Honda

Takata Airbag Incident Forces Probe and Recall of Honda Cars

Reports revealed that a parking lot accident at a bank in Alhambra last year, which was blamed on a defective airbag made by Japan's Takata Corporation, is the third of its kind in the U.S.

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