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toyota motor corp.
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Toyota ordered to pay family $242 million for defect in car seat
By Tom Korosec | Bloomberg
UPDATED ON AUG 18, 2018 09:00 PM IST
The jury found that the front seats were unreasonably dangerous and that the company didn’t warn of the risk.

Good news for carmakers as Jinping slashes auto tariffs amid US-China trade spat
By Bloomberg News | Bloomberg
PUBLISHED ON APR 10, 2018 03:22 PM IST
China will “significantly lower car import tariffs” and “sincerely hopes to boost imports,” Chinese president Xi Jinping said in a speech at the Boao Forum in Hainan on Tuesday.