NHTSA confirms 11th U.S. death blamed on Takata air bags

Oct 21, 2016

NHTSA confirms 11th U.S. death blamed on Takata air bags

A 50-year-old woman who died after a car wreck last month in California is the 11th U.S. victim of Takata Corp.’s defective air bag inflators. The National Highway Traffic Safety Administration confirmed the woman’s death on Thursday but didn’t release her name. Up to ...

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 ...

Jul 6, 2016

Mazda recalls cars in China after regulator action on Takata air bags

Mazda Motor Corp.’s Chinese joint venture will recall 74,310 of its Mazda2 sedans in China to replace Takata Corp. air bags after an investigation by the country’s safety regulator. China’s General Administration of Quality Supervision, Inspection and Quarantine said Mazda will contact affected vehicle ...