Tag Archives: Takata

Former FBI boss expected to leave role at Takata fund to head U.S. election probe

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by CarSpotter Former FBI Director Robert Mueller, who was named in April to lead a compensation fund for automakers and people harmed by faulty Takata airbags, was appointed special counsel to investigate alleged Russian interference in the 2016 presidential… … Automotive News Breaking News Feed

Takata forecasts third annual loss after U.S. criminal settlement

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by CAHairyBear Takata, the troubled airbag supplier behind the biggest auto safety recall, said it will probably report a third consecutive annual loss as it booked a one-time charge after agreeing to settle a U.S. criminal investigation. … Automotive News Breaking News Feed

Could board diversity have prevented the Takata scandal?

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by Frankenspotter Photography There’s plenty of blame to go around for the Takata scandal. But one potential factor shouldn’t be overlooked: Every member of Takata’s board is a Japanese man. … Automotive News Breaking News Feed

Key Safety Systems chosen as favored buyer of Takata, report says

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by Dave Adams Automotive Images Key Safety Systems has been selected as the favored buyer for embattled Japanese airbag supplier Takata, Reuters reported late Friday, citing three sources with knowledge of the process. … Automotive News Breaking News Feed

Another round of Takata airbag recalls filed by 13 automakers

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by hellomeow More than a dozen automakers this week recalled another 652,000 vehicles with Takata airbag inflators in the U.S. … Automotive News Breaking News Feed

Takata to plead guilty, pay $1B penalty over airbag defects; 3 former executives indicted

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by SeeMidTN.com (aka Brent) The federal government charged Takata with criminal wrongdoing on Friday in connection with airbag inflator ruptures linked to at least 16 deaths worldwide. The company was charged with a single felony count of wire fraud. … Automotive News Breaking News Feed