Tag Archives: Takata

Key Safety CEO resigns as final Takata deal looms

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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

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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

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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

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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