Tag Archives: Takata

Key wants continuity as Takata owner

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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

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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

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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

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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

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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