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Tokyo (AFP) - Japan's crisis-hit airbag maker Takata said it filed for bankruptcy protection on Monday, as it struggles with the fallout from the auto industry's biggest ever safety recall.
TOKYO/WASHINGTON: Japan's Takata Corp , the firm at the center of the auto industry's biggest ever product recall, filed for bankruptcy protection in the United States and Japan, and said it had agreed to be largely acquired for $1.6 billion by the Chinese-owned U.S.-based Key Safety Systems.
WASHINGTON: Honda Motor Co said on Monday it had confirmed an 11th U.S. death involving one of its vehicles tied to a faulty Takata Corp <7312.T> air bag inflator.
WASHINGTON: The U.S. National Highway Traffic Safety Administration said Tuesday that new testing is prompting Takata Corp to declare 2.7 million air bag inflators defective in Ford Motor Co, Nissan Motor Co and Mazda Motor Corp vehicles
CAPE TOWN: Mazda Motor Corp. is recalling 19,000 cars in South Africa due to airbag safety concerns as the Japanese carmaker extends a global recall to cover a wider manufacturing period, its local unit said on Monday.
CHICAGO: A US judge overseeing the bankruptcy of Japanese auto supplier Takata Corp’s US business has halted for 90 days the lawsuits brought by victims of its faulty air bag inflators against automakers, a ruling that temporarily smooths its efforts to exit bankruptcy.