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28 Jun 2017

Takata bankruptcy a question mark for consumer lawsuits

The bankruptcy of Japanese auto parts giant Takata may frustrate the legal challenges by victims harmed by the company`s exploding airbags, which were part of the largest auto safety recall ever.

22 Jun 2017

Takata to file for bankruptcy Monday, SMFG to provide bridge loan: Sources

Takata Corp will seek bankruptcy protection from creditors on Monday, two sources said, as the Japanese company faces billions of dollars in liabilities stemming from the biggest recall in automotive history.

20 Jun 2017

Airbag maker Takata dives 20% on bankruptcy fears

Takata shares dived again on Tuesday, losing one-third of their value in just two days of trading on reports the troubled airbag maker will file for bankruptcy protection and sell its assets to a US company.

16 Jun 2017

Air bag maker Takata to file for bankruptcy this month: Sources

Takata, one of the world`s biggest automotive suppliers, has been working for months to complete a deal with Key Safety.

11 Jun 2015

Confusion clouds count of cars hit by Takata air bag recall

As some regional Takata recalls are expanded nationally, the number of affected vehicles could grow to 20 million or more.

03 Jun 2015

Takata will ''rapidly'' cut production of volatile air bag chemical

Takata Corp will "rapidly" reduce production of a volatile chemical that has been linked to ruptured air bag inflators, a company executive told US lawmakers on Tuesday.

02 Jun 2015

Takata says redesigning some airbag inflators after deaths

Japan`s Takata said it would redesign some driver-side airbag inflators, in the latest chapter of a global auto parts scandal linked to six deaths and the recall of millions of vehicles.

27 May 2015

Takata faces questions over air bag fix as recalls expand

A subcommittee of the House Energy and Commerce Committee has scheduled a hearing on June 2 on the problems that lead to the recall.

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