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Honda engineer debunks own claim about cause of Takata air bag failures

DETROIT (Reuters) - Honda Motor Co on Friday released a 2013 email in which one of its engineers suggested that he knew some hidden truth about "the root cause" of Takata Corp air bag failures, but the..
Reuters India Also reported by •Sify

Fiat Chrysler recalling 297,000 vehicles for inadvertent air bag deployments

Fiat Chrysler Automobiles (FCA) is recalling 297,000 older minivans in North America because of a wiring problem that can lead to inadvertent air bag deployments, the company said on Thursday.
Zee News Also reported by •Reuters IndiaDNA

Videos for "Air Bag"

News video: Takata Fell 55 Percent on Bankruptcy Report

Takata Fell 55 Percent on Bankruptcy Report 01:55

Jun.22 -- Takata slumped a record 55 percent in Tokyo as investors expect a bankruptcy filing for the air-bag maker at the center of the biggest recall in automotive history. Bloomberg's Steve Man..
Source: Bloomberg Global Business -

News video: Will Airbag Victims Be Compensated If Takata Goes Bankrupt?

Will Airbag Victims Be Compensated If Takata Goes Bankrupt? 02:03

CBS Miami’s Eugene Ramirez reports.
Source: CBS4 Miami -

 

Air bag maker Takata to file for bankruptcy this month: Sources

Takata, one of the world`s biggest automotive suppliers, has been working for months to complete a deal with Key Safety.
Zee News Also reported by •Reuters IndiaSify

Trading in Takata shares to be suspended - Japan Exchange Group

TOKYO (Reuters) - Trading in shares of Japanese air bag maker Takata Corp will be temporarily suspended on Friday, following media reports that the company is preparing to file for bankruptcy, said..
Reuters India Also reported by •Sify

Nissan recalls more than 54,000 cars, cites air bag problem

Nissan North America says the recall affects the 2012 Nissan Versa vehicles.
DNA

U.S. auto recalls hit record high 53.2 million in 2016

WASHINGTON (Reuters) - Automakers recalled a record 53.2 million vehicles in 2016 in the United States after a massive expansion of the callback to replace Takata Corp air bag inflators, the U.S...
Reuters India

Takata expecting red ink from US air-bag recall fine

Takata Corp. , the Japanese manufacturer at the center of massive air bag recalls, reported today that fines in the US will push it into the red for the fiscal year through March.
DNA

GM recalls older sports cars to fix air bag sensor problem

General Motors is recalling 107,000 older sports cars worldwide because a faulty sensor can disable the front passenger air bag.
DNA

Takata to plead guilty Feb. 27: court documents

WASHINGTON (Reuters) - Japan's Takata Corp is set to plead guilty Feb. 27 in federal court in Detroit to a single felony count of wire fraud to resolve a U.S. Justice Department investigation into..
Reuters India

Takata selects KSS as final bidder for restructuring deal - sources

TOKYO (Reuters) - A steering committee for Takata Corp has selected U.S.-based auto parts supplier Key Safety Systems as the final bidder to extend financial support for the Japanese air bag maker,..
Reuters India

BMW to recall 230,117 vehicles that may have Takata air bags

REUTERS - Germany's BMW said on Friday it would recall 230,117 cars and sport utility vehicles in the United States that may have been fitted with faulty air-bag inflators made by Takata Corp.
Reuters India Also reported by •DNASify

Takata shares lose nearly half their value in less than a week

TOKYO (Reuters) - Takata Corp's shares have lost nearly half their value in less than a week, hit by a report that bidders are seeking a court-mediated turnaround for the embattled Japanese air bag..
Reuters India Also reported by •Sify

Nikkei falls to near 6-week low on strong yen; Honda tumbles

TOKYO, Jan 17 (Reuters) - Japan's Nikkei fell to its lowest level in more than a month on Tuesday as a strong yen soured sentiment, while shares of Honda tumbled after it said an air bag made by
Sify

Takata to plead guilty, pay $1 billion U.S. penalty over air bag defect

DETROIT/WASHINGTON (Reuters) - Japan's Takata Corp on Friday agreed to plead guilty to criminal wrongdoing and to pay $1 billion to resolve a U.S. Justice Department investigation into ruptures of its..
Reuters India

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