TakataCorp'sU.S.unithasreachedasettlementwithrepresentativesofthoseinjuredbylethallydefectiveairbags,pavingthewayforthecompanytoexitChapter11bankruptcyandmovefo
FordMotorCosaidonThursdayithadconfirmedaseconddeathinanolderpickuptruckcausedbyadefectiveairbaginflatorofTakataCorpandurged2,900ownersinNorthAmericatostopdrivin
HondaMotorCoLtdsaidonMondayitwilluseFacebookInc’scustomaudiencestooltofindcarownerswithdefectiveTakataairbags.Thetool,whichallowsadvertiserstoreachaspecifiedlis
JapanesecarmakerHondareacheda$605millionsettlementinalawsuitoverdefectiveairbagsinmillionsofcarsonAmericanroads,thelegalteamforthevictimssaidFriday.HondajoinsNi
Japanese airbag manufacturer Takata Corp. filed for bankruptcy protection on Monday admitting that financial problems caused by safety concerns over its airbag inflators sent the company under.
JapaneseairbagmanufacturerTakataCorp.filedforbankruptcyprotectiononMondayadmittingthatfinancialproblemscausedbysafetyconcernsoveritsairbaginflatorssentthecompan
Japanese airbag maker Takata Corp (7312.T) has filed for bankruptcy protection in the United States and Japan.
JapaneseairbagmakerTakataCorp(7312.T)hasfiledforbankruptcyprotectionintheUnitedStatesandJapan.Followingisasummaryofkeyissuesfacingthecompanyanditsfinancialspons
SumitomoMitsuiBankingCorp.announcedMondayithassetcreditlinesofupto25billionyen($224million)tohelpJapaneseairbagmakerTakataprovisionallystayinbusinessafteritfile
Japan'scrisis-hitcarpartsmakerTakatasaiditfiledforbankruptcyprotectiononMonday,afterdeadlyfaultsinitsairbagstriggeredtheautoindustry'sbiggesteversafetyrecall.Th
TakataCorp(7312.T)willseekbankruptcyprotectionfromcreditorsonMonday,twosourcessaid,astheJapanesecompanyfacesbillionsofdollarsinliabilitiesstemmingfromthebiggest
At least four automakers--Toyota, Volkswagen, Fiat Chrysler and Mitsubishi--continue to sell new vehicles with defective Takata air bags that will need to be recalled, according to a Senate Commerce Committee report released Wednesday.
Takata, the Japanese air bag maker embroiled in a huge recall, has hired the investment bank Lazard and is seeking a cash infusion.
The U.S. government on Friday announced a daily fine of 14,000 U.S. dollars against a Japanese airbag maker Takata for failing to fully cooperate in a probe against its defective airbags.