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Takata air bag recall could cost VW up to US$445 million: Welt am Sonntag
2016-02-21 17:12:26| Automakers - Topix.net
FRANKFURT: Volkswagen AG may have to set aside up to 400 million euros in provisions to cover a recall of vehicles in the United States equipped with Takata air bags, German weekly Welt am Sonntag reported, citing an insider. Germany's three largest automakers said earlier this month they would recall 2.5 million vehicles in the United States equipped with the air bags, the latest in a long-running safety crisis involving the Japanese automotive supplier.
Saab, Saturn cars recalled by GM over Takata air bags
2016-02-16 16:03:58| Automakers - Topix.net
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Ford recalls 400,000 Ranger pickup trucks to replace Takata air bags
2016-01-26 19:10:15| Automakers - Topix.net
Ford Motor Co. confirmed Tuesday that it would recall nearly 400,000 mid-size pickup trucks to replace defective air bags involved in the Takata scandal.
Takata Falls as 10th Death Leads to Air-Bag Recall Expansion
2016-01-25 05:42:40| Automakers - Topix.net
Takata Corp. fell to the lowest in almost seven years after its U.S. regulator said recalls of the company's air bags would expand to millions more vehicles following a 10th death linked to the devices. The shares declined 11 percent to 601 yen as of 10:42 a.m. in Tokyo trading, headed for the lowest price since March 2009.
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Takata seeks automaker aid, eyes airbag deal with Daicel, reports say
2016-01-23 16:10:10| Automakers - Topix.net
Airbag supplier Takata Corp. plans to request financial support from Japanese automakers and is laying the groundwork for top officials to resign over the recall of millions of vehicles with potentially faulty airbags, sources told Reuters. Takata is also looking to team up with competitor Daicel Corp. to produce airbag inflators, people familiar with the matter told Reuters on Saturday, as the embattled auto parts maker struggles to supply replacement parts for the millions of vehicles recalled worldwide.
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