
Japanese airbag maker Takata files for bankruptcy in US and Japan, gets US sponsor
FirstpostTakata faces tens of billions of dollars in costs and liabilities resulting from almost a decade of recalls and lawsuits. Japan’s Takata Corp, the firm at the centre of the auto industry’s biggest ever product recall, filed for bankruptcy protection in the United States and Japan, and said it would be bought for $1.6 billion by US-based Key Safety Systems. In the biggest bankruptcy of a Japanese manufacturer, Takata faces tens of billions of dollars in costs and liabilities resulting from almost a decade of recalls and lawsuits. “We believe taking these actions in Japan and the US is the best way to address the ongoing costs and liabilities of the airbag inflator issues with certainty and in an organised manner,” Takata CEO Shigehisa Takada said in a statement. Jason Luo, president and CEO of KSS, said in a statement the “underlying strength” of Takata’s business had not diminished despite the airbag recall, citing its skilled employee base, geographic reach and other safety products such as seat belts.
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Some 45,000 Dutch cars affected by Citroën's worldwide recall over faulty airbags
NL Times
BMW recalls 1.3 million vehicles in China that may have Takata airbag inflators
The Independent
Ford, Mazda warn owners to stop driving older vehicles with dangerous Takata air bag inflators
LA Times
Urgent warning over Toyota cars that can 'shoot sharp metal fragments' from airbags and kill drivers or passengers - as owners are told to immediately 'stop driving' them, are you affected?
Daily Mail
Third air bag death confirmed, owners urged to get repairs
The Independent
US confirms another Honda death from air bag, asks owners to get car recalled
Hindustan Times
Volvo issues recall for 195,000 more vehicles in the US to replace driver airbag inflator
Firstpost
Volvo issues recall for almost 260,000 pre-2010 cars in the US to replace driver airbag inflator
Firstpost
US probes Takata air bags in 200 models from 20 automakers
Associated Press
Ford loses track of dangerous air bags, forcing 2 recalls
The Independent
Ford to recall 3 million vehicles for air bags at $610 million cost
Daily Mail
GM to recall 7 million vehicles globally to replace Takata air bags
LA Times
Takata airbags: Toyota Corolla models added to list of dangerous cars on ACCC recall list
ABC
Honda recalls 5,088 units of previous-gen Jazz, City, CR-V, Civic, Accord to replace faulty Takata airbags
India Today
Honda recalls 3,669 units of Accord sedan to fix faulty airbags inflators supplied by Takata Corp
Firstpost
BMW to recall 360,000 China cars over Takata airbags; move to affect over two dozen different models of firm
Firstpost
Arizona man is killed by shrapnel from an exploding Takata airbag
Daily Mail
Shocking photos of faulty Takata airbag victims
Daily Mail
Takata airbag recall: Owners advised to make the call or risk being left out
ABC
Takata airbags: Toyota, Honda and Mazda facing class action
ABC
Airbag-Maker Takata Files for Bankruptcy After Global Recalls
The Quint
Takata bankruptcy poses a risk to auto industry’s biggest recall
Live Mint
Toyota recalls three million cars worldwide after exploding Takata airbags linked to 16 deaths
The Independent
Takata bidders said to offer at least $1 billion investments
Live Mint
Chinese-owned Key Safety Systems said to plan bid for Takata
Live Mint
It's Actually NBD Automakers Still Use Airbags the Feds Will Recall—For Now
Wired
Defective Takata Air Bags Still Being Installed In New Cars
NPR
Largest-ever U.S. auto recall gets bigger: 12 million more vehicles with Takata air bags ordered back
LA Times
Takata said to hold talks with possible buyers including KKR
Live Mint
Takata agrees to recall another 35 million to 40 million air bag inflators
LA Times
Fixes for Takata air bags can take months. What to drive in the meantime?
LA Times
Takata said to put worst-case recall costs at $24 billion
Live Mint
VW and Daimler recall 1.5m US cars over faulty airbag fears
The Independent
Honda adds 2.2 million vehicles to Takata air bag recall
Live Mint
Record number of car recalls in China this year
China Daily
Toyota recalls 1.6 million cars after Nissan SUV air bag injury
Live Mint
Watch Takata's Defective Airbags Explode in Slow Motion
Wired
Honda India recalls almost 2.24lakh cars due to faulty airbags
Firstpost
Honda to recall 2.24 lakh vehicles in India over faulty airbags
India TV News
Takata airbags dealt another blow in China
China Daily
Faulty airbags: Toyota recalls 7,129 units of Corolla in India
Firstpost
Nissan recalls 12,000 vehicles to fix engine switch, airbag
Firstpost
Takata to declare 33.8 million vehicles defective: report
Live Mint
Takata Agrees To Declare Air Bags Defective In Nearly 34M Vehicles
NPR
Honda exec says latest air bag-linked recall may impact Japan sales
Live Mint
Honda, Toyota, Nissan, to recall millions more cars over exploding airbags
The Independent
Toyota, Nissan add more than 6 million cars to air-bag recall
Live Mint
Honda to recall over 5.7 lakh cars in China
Firstpost
Honda to expand investigative Takata air bag recall globally
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