Toyota adds 5.8 million more vehicles to global Takata recall

Oct 27, 2016

Toyota adds 5.8 million more vehicles to global Takata recall

Toyota is recalling about 5.8 million vehicles in Japan, Europe, China and other countries to replace potentially deadly Takata air bag inflators. The company says it knows of one person injured in a crash involving one of the vehicles, but a spokesman didn’t know ...

Oct 11, 2016

Takata considers bankruptcy for U.S. unit

Takata Corp. is considering bankruptcy protection for its U.S. unit, among other options, a person with knowledge of the matter said. The Tokyo-based firm’s defective air bag inflators have led to the biggest recall in auto industry history. The company hired Weil Gotshal & ...

Oct 6, 2016

Fuji Heavy to recall 300,000 vehicles over faulty exhausts

Fuji Heavy Industries Ltd. on Thursday said it is recalling about 300,000 vehicles across Japan, North America and Europe due to a defect in the exhaust gas system of four models. The automaker informed the transport ministry that 102,781 vehicles will be recalled in ...

Takata lines up bids despite uncosted liabilities

Sep 20, 2016

Takata lines up bids despite uncosted liabilities

Embattled air bag supplier Takata Corp. is moving forward with an auction of the company as private-equity firms and car parts-makers line up offers. Suitors include Carlyle Group LP, which is working with Chinese-owned air bag manufacturer Key Safety Systems Inc.; Daicel Corp., a ...