News Digest
takata
Takata settles with Japan woman injured by air bag for reported $119,000
A woman injured by a faulty Takata Corp. air bag has settled her case and withdrawn her complaint, Japanese media reported Wednesday.
Takata plunges 20% on ‘worst case’ airbag recall costs of $24 bn
Takata’s shares plunged 20% in Tokyo on Wednesday, after Bloomberg News said the embattled Japanese airbag supplier’s recall-related costs...
Air bag crisis continues: Japanese automakers recall 6.5M vehicles worldwide
Toyota, the world’s largest automaker, announced a recall of 5 million vehicles, affecting 35 models produced globally between March 2003 and November...
Feds say Takata refusing order for nationwide recall of bad air bags
The U.S. National Highway Traffic Safety Administration (NHTSA) said Tuesday that they have called on automotive supplier Takata and several automakers...
Takata hit with U.S. criminal probe over exploding airbags
Takata confirmed on Friday that US justice authorities have opened a criminal investigation into the embattled Japanese autoparts firm over exploding airbags...
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