Takata News

What next for airbag maker Takata after bankruptcy filing?

The company says it is facing between $10 billion and $50 billion in liabilities from almost a decade of recalls and lawsuits linked to its defective air bag inflators, which could explode with too much force, sending metal shrapnel into vehicle compartments.

Japan's airbag maker Takata files for bankruptcy protection

The Tokyo-based car parts giant is facing lawsuits and huge costs over an airbag defect linked to at least 16 deaths globally. Takata shares soared more than 40 percent on Friday after collapsing over the week as traders made bets on its likely bankruptcy.


Honda recalls 7 lakh more vehicles in Japan over Takata airbags

Takata's airbag inflators can explode with excessive force in hot, humid conditions, and have been linked to more than 100 injuries and 13 deaths, mainly in the US.

Toyota helps Takata corp with major airbag defects

Toyota promises to help find cause of Takata Corp. airbag defects which has lately been causing damage, by Injuring more than 100 people. and six reported deaths.