Tag - recalls

 
 

RECALLS

BUSINESS
Nov 11, 2015
Takata air bag crisis hands Autoliv chance to go big in Japan
Swedish car safety equipment maker Autoliv could capitalize on the crisis engulfing its rival Takata Corp. by finally extending its global leadership to the one major auto hub it has been unable to dominate — Japan.
Japan Times
BUSINESS / Companies
Oct 20, 2015
U.S. regulator may expand Takata air bag probe
U.S. regulators said Monday they could expand their investigation into Takata Corp. air bag inflators beyond the current 11 automakers, amid questions about whether vehicle design played a role in the devices posing a deadly risk to the public.
BUSINESS
Sep 10, 2015
Looking to take bolder action, NHTSA sets Oct. 22 public meeting on Takata recalls
The U.S. auto safety watchdog said Wednesday it will hold an Oct. 22 public hearing on Takata Corp.'s massive air bag inflator recall, an event that could prompt regulators to take a stronger hand in efforts to eliminate the deadly defect from nearly 20 million vehicles.
BUSINESS
Aug 13, 2015
Takata competitors making 68% of air bag inflator replacements
Takata Corp., the company whose faulty air bags are behind a record vehicle-safety recall, is depending on three of its key competitors to produce the majority of millions of replacement parts.
Japan Times
BUSINESS
Jul 28, 2015
Fiat Chrysler buy-back of unrepaired trucks may cost billions but it has resale option
Fiat Chrysler Automobiles could pay billions of dollars to buy back defective trucks as part of a settlement with U.S. safety regulators, but has the option to recover costs by reselling vehicles once they are repaired.
Japan Times
BUSINESS
Jul 27, 2015
NHTSA fines Fiat Chrysler record $105 mlllion over safety recall lapses
The U.S. auto safety watchdog, toughening its stance against manufacturer defects, announced on Sunday a record $105 million in fines against Fiat Chrysler Automobiles NV over lapses in safety recalls involving millions of vehicles.
Japan Times
BUSINESS
Jun 25, 2015
Takata CEO indicates he will stay on despite air bag scandal
Takata Corp. Chairman and CEO Shigehisa Takada has indicated that he doesn't intend to resign from his post despite the air bag scandal that has enveloped the company.
Japan Times
BUSINESS / Companies
Jun 15, 2015
Reeling from recalls, Honda again opts for insider as new CEO
Honda Motor Co. is turning to an insider who has spent his entire career at the company to navigate its exit from a global auto safety crisis, after seven people died in its cars.
Japan Times
BUSINESS / Companies
Jun 5, 2015
Takata to name quality chief to board; Stocker to step down
Takata Corp., the company behind the biggest product-safety recall in U.S. history, will give the executive in charge of quality assurance more authority by naming him to the board of directors.
BUSINESS
May 27, 2015
As Takata recalls widen, questions raised over whether air bag fix is safe
Automakers and safety regulators could take months to nail down why air bag inflators made by Takata Corp. are exploding with too much force, meaning consumers cannot be certain replacement inflators installed under a sweeping recall are safe, industry officials involved in the process said.
Japan Times
COMMENTARY / World
May 22, 2015
When will drivers say 'enough is enough'?
If the automotive industry loses the public's trust, it widens the opportunity for Silicon Valley companies to foment disruptions of the entire business.
JAPAN
Mar 27, 2015
Moldy cupcakes trigger recall at Tokyo Disneyland
Oriental Land Co., operator of Tokyo Disney Resort in Urayasu, Chiba Prefecture, announced a recall Thursday of cupcakes sold at the park after receiving claims they were moldy.
BUSINESS
Mar 23, 2015
U.S. probes reports on Nissan air bag recall failure
U.S. regulators are looking into whether a recall last year by Nissan Motor Co., the nation's second-largest automaker, failed to fix a flaw in the air bag control systems on almost 1 million vehicles.
Japan Times
BUSINESS
Feb 21, 2015
U.S. to fine Takata $14,000 a day for resisting air bag probe
Takata Corp. will be fined $14,000 for each day it fails to cooperate with a U.S. investigation into defects in its air bags that have led to millions of car recalls worldwide.
BUSINESS
Feb 16, 2015
Takata shares tumble after Honda denies financial help
Shares of Takata Corp., the maker of air bags that led to millions of vehicle recalls by global carmakers, fell the most in three weeks Monday after Honda Motor Co., its biggest customer, said it wouldn't provide financial help.
BUSINESS
Jan 15, 2015
GM sees improved profit in 2015 on China, U.S. growth
General Motors Co on Wednesday forecast its 2015 operating profit will increase from last year due mostly to growth in its two largest auto markets, China and the United States.
BUSINESS
Jan 9, 2015
Honda to pay $70 million to U.S. for failure to report deaths, injuries
Honda Motor agrees to pay $70 million in penalties to the U.S. government for failing to report hundreds of injuries, deaths and other consumer claims involving its cars.
BUSINESS
Jan 7, 2015
U.S. recalls may climb this year, car safety chief says
A recent wave of auto recalls may lead to even more flaws being discovered this year as drivers become alert to design faults, the top U.S. car safety official said Tuesday.
JAPAN
Dec 17, 2014
More than 20,000 bras recalled in Japan over injury fears
A defect can cause underwires to protrude from holes in the fabric while the undergarments are being worn, the Japanese division of lingerie-maker Triumph International says.
BUSINESS
Dec 3, 2014
Worried about broader fallout, Japanese government moves to contain air bag crisis
The transport ministry, concerned that a public-relations fallout could envelop Japan's auto industry, is finally scrambling into action, creating a task force to speed up recalls and delve into the Takata crisis.

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