• Fri
  • Sep 19, 2014
  • Updated: 10:32pm

Product Recall

Chrysler recalls 840,000 vehicles, mostly in U.S.

Chrysler said it will recall 840,000 vehicles in the United States and other countries, mostly for active-restraint head rests that are possibly flawed.

Thursday, 4 July, 2013, 1:43pm

Centuries-old Chinese medicine tastes sweet and bitter after Hong Kong IPO

The more than 300-year-old Chinese medicine brand Tong Ren Tang is facing a hit to its reputation, just a day after its flagship drug manufacturing and distribution unit made a stellar debut on the Hong Kong stock market.

9 May 2013 - 7:43am

VW faces US$600m bill over recall

Volkswagen recalled almost 400,000 vehicles on the mainland to replace defective gearboxes that may result in loss of power, in a move that may cost Europe's largest carmaker more than US$600 million.

21 Mar 2013 - 5:07am

Toyota Motor recalls 22,869 Lexus cars in China as law broadens liability

The company recalled the imported Lexus IS cars, which were made from January 2006 to September 2011, according to a statement on the website of the General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ).

1 Feb 2013 - 5:23am

Toyota to pay out US$1b to settle claims over accelerator recall

Toyota Motor is set to pay more than US$1.1 billion to settle consumer claims and legal bills over the recall of more than 10 million Toyota, Lexus and Scion vehicles sold in the US and Puerto Rico.

A compensation deal reached by Toyota lawyers and car buyers is expected to be made final by the US district court for central California next year.

28 Dec 2012 - 5:46am

Things could be worse in the worst of all possible worlds

What is the worst thing that can happen to a company's share price? An attack by computer hackers? A product recall? Or a lawsuit?

British law firm Freshfields Bruckhaus Deringer sought an answer by studying 78 crisis-hit listed firms around the world.

10 Dec 2012 - 4:23pm

Beijing raises fines for car recall failures

Beijing is imposing tougher penalties on carmakers and dealers who fail to recall defective vehicles properly.

The State Council has approved a new Administrative Regulation on Defective Automobile Products Recalls, which will take effect from January 1.

1 Nov 2012 - 4:48am

Cruz hopes Beauty Flash can turn tables with gun draw in Duty Free

If the barrier draw for tomorrow night's US$5 million Dubai Duty Free is any guide, then the tide is swinging back around to Hong Kong trainer Tony Cruz.

25 Mar 2011 - 12:00am

Twice Over's wide draw should open up Dubai World Cup

The US$10 million Dubai World Cup has been opened up by what appears to be a dismal gate position for warm favourite Twice Over.

25 Mar 2011 - 12:00am

Farmland flooded by toxic sludge from smelter

A huge wave of toxic sludge from an illegal aluminium smelter has flooded large areas of farmland on the border between Qingyuan and Zhaoqing cities in Guangdong, affecting the livelihood of tens of thousands of people.

Xinhua reported around 4,500 cubic metres toxic sludge leaked to rivers and waterways in the fields.

25 Mar 2011 - 12:00am

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