Takata lines up bids despite uncosted liabilities

Business / Corporate 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 Japanese ...

Business Nov 3, 2015

Nissan admits first Japan injury linked to Takata air bag

Nissan Motor Co. said Monday a passenger seat air bag manufactured by Takata Corp. ruptured during a collision last week in Japan, likely causing minor injuries to a woman sitting in that seat — the first case in Japan where someone was wounded by ...