GM's China joint venture to recall 2.16 million vehicles

GM's joint venture with China's SAIC will recall about 2.16 million vehicles starting Aug. 15 because the engine crankcase valves may corrode, China's principal consumer protection watchdog said today.

Takata holds talks with KKR, other possible buyers, report says

Takata, the airbag maker facing billions in possible costs for the biggest recall in automotive history, is said to be in talks with potential buyers

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