Judge approves Takata's U.S. bankruptcy plan

Sun, 18 Feb 2018 - 07:22 GMT

Takata Corp’s U.S. unit received court approval for its bankruptcy exit plan clearing the way for a $1.6 billion sale of Takata assets and providing compensation for those injured by the company’s deadly air bags.

U.S. rejects Ford petition to delay recall of three million vehicles

Sat, 18 Nov 2017 - 11:03 GMT

The U.S. National Highway Traffic Safety Administration said on Friday it was rejecting a petition by Ford Motor Co to delay recalling about 3 million.

Japan's Subaru says uncertified staff inspected its cars

Fri, 27 Oct 2017 - 12:03 GMT

Subaru said Friday it allowed uncertified staff to do inspections on some vehicles for more than three decades.

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

Tue, 08 Aug 2017 - 08:45 GMT

Nissan on Tuesday agreed to a $97.68 million settlement to resolve class-action consumer economic loss claims with Takata air bag inflators.

Japanese airbag maker Takata files for bankruptcy, gets U.S. sponsor

Mon, 26 Jun 2017 - 10:40 GMT

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.