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Takata hires financial adviser to mull restructuring options

UPDATED: 5/25/16 6:29 pm ET - adds company statement

Takata hired investment bank Lazard to lead efforts to seek new investment and help resolve financial issues stemming from its record-setting recall of tens of millions of airbag inflators that can rupture.

BMW targets 2021 for its electric, self-driving car

BMW will launch its iNext electric, self-driving car in 2021, CEO Harald Krueger said.

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