Tag Archives: Takata

Key Safety CEO resigns as final Takata deal looms


by brizzle born and bred Key Safety Systems CEO Jason Luo is resigning as the supplier inches closer to finalizing a $ 1.59 billion deal to acquire the embattled Japanese airbag supplier Takata Corp. … Automotive News Breaking News Feed

Nissan agrees to $98 million settlement on Takata economic loss claims


by Dave Adams Automotive Images Nissan agreed to a $ 97.7 million settlement to resolve class-action consumer economic loss claims in the U.S. tied to the recall of 4.4 million vehicles with Takata airbag inflators. … Automotive News Breaking News Feed

Australian man likely 18th death from faulty Takata airbags


by Mike Traverse An Australian man who died in a Sydney car crash may be the 18th death linked to faulty Takata airbags, after police said he was killed when hit in the neck by shrapnel from an airbag. … Automotive News Breaking News Feed

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