Tag Archives: Takata

Key wants continuity as Takata owner


by CAHairyBear Key Safety Systems, which plans to acquire Takata’s assets for $ 1.6 billion, is emphasizing how it wants to maintain continuity. … Automotive News Breaking News Feed

Takata files for bankruptcy, agrees to be acquired by Key Safety


by Singing With Light Takata filed for bankruptcy protection in Japan and the U.S., saying it would sell key assets to U.S. supplier Key Safety Systems for $ 1.59 billion. … Automotive News Breaking News Feed

Honda engineer debunks own claim about cause of Takata airbag failures


by madopal Honda said an engineer who once suggested he knew a hidden truth about „the root cause“ of Takata’s defective airbags later indicated he was mistaken. … Automotive News Breaking News Feed

NHTSA urged to accelerate Takata recall work


by Adam Taves Lawmakers are urging NHTSA to step its work on the Takata recall amid concerns about a leadership vacuum at the agency and a persistent shortage of parts. … Automotive News Breaking News Feed

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


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


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