Takata Corp

Toyota tests potential alternatives to Takata airbag inflators

Aug. 25, 2015 10:54 CET

Toyota said it is testing airbag inflators made by Autoliv and Nippon Kayaku as possible alternatives to potentially lethal parts supplied by Takata. Toyota said it wanted to ensure the parts were compatible with its vehicles....
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Toyota may buy replacement airbag inflators from three Takata rivals

7:24 am U.S. ET | Aug. 21, 2015

Toyota, recalling about 12 million vehicles worldwide to replace Takata airbags, said it may tap three additional suppliers to boost supply of the components. The automaker said today it is considering using inflators from Autoliv, Daicel and Nippon Kayaku for replacement airbags....
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U.S. senators urge recall of all autos with Takata airbags

1:15 pm U.S. ET | Aug. 20, 2015

After reports this week of a ruptured Takata airbag in a Volkswagen vehicle, two U.S. senators today called on Japanese airbag manufacturer Takata to immediately recall all vehicles containing the company's airbags. U.S. Sens. Richard Blumenthal and Edward Markey said their move was prompted by an incident in June, in which a Takata airbag inflator in a 2015 VW Tiguan ruptured after a collision...
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Japan faces shortage of replacement airbags as recalls expand

9:33 am U.S. ET | Aug. 19, 2015

Japan may face a shortfall in supply of replacement airbags as automakers recall 9.8 million vehicles in the country to swap out potentially defective devices made by Takata, according to its transport ministry....
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VW faces NHTSA probe after Takata airbag incident

3:51 pm U.S. ET | Aug. 17, 2015

NHTSA is widening its Takata airbag probe after a Takata side airbag in a Volkswagen SUV ruptured in June....
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Autoliv, ZF TRW gain from Takata's recall troubles

Aug. 13, 2015 10:33 CET

By March, Autoliv, Daicel and ZF TRW Automotive will make about 68 percent of the inflators used to repair faulty Takata airbags behind a record vehicle-safety recall. Autoliv estimates it will supply as many as 20 million replacement inflators in 2015 and 2016....
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Takata sets campaign to alert drivers on recall for airbag risk

9:23 pm U.S. ET | Aug. 11, 2015

Takata, whose exploding airbag modules have been tied to at least eight fatalities, is planning an extensive advertising campaign to urge consumers to get the defect fixed....
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Takata swings to Q1 profit on higher U.S. sales

Aug. 6, 2015 10:03 CET

Takata, whose airbag inflators are at the center of a global safety recall, today said it swung to a profit in its first quarter due to higher sales in the U.S., India and Southeast Asia. Net profit was $24.85 million....
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Takata's tab for U.S. lobbying rises 22% as recall scrutiny intensifies

10:49 am U.S. ET | Aug. 5, 2015

Takata boosted spending on U.S. federal lobbying by 22 percent in the second quarter as it faced increased attention from regulators and lawmakers about faulty airbags behind the auto industry's largest combined parts recall in history....
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NHTSA uses FCA order to clean up industry

12:01 am U.S. ET | Aug. 3, 2015

The National Highway Traffic Safety Administration's July 24 consent decree with Fiat Chrysler Automobiles seeks to punish and remedy the automaker's safety shortcomings while also addressing recall issues vexing the entire industry....
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COMMENTARY

Takata apology is a sign that accountability is new normal

12:01 am U.S. ET | Aug. 3, 2015

Times have changed. Today, consumers hold the key to the economy. The Detroit 3 control less than half the U.S. market. Consumers expect greater corporate responsibility and accountability, particularly on health and safety....
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Honda quarterly profit rises 20% as U.S. sales, weak yen offset quality costs

4:49 am U.S. ET | July 31, 2015

Honda's quarterly profit jumped 20 percent as strong sales in the U.S. and a weak yen helped to absorb the impact of higher quality-related costs linked to a recall of cars equipped with Takata airbags....
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Ferrari recalls 814 supercars for improper airbag installations

10:51 am U.S. ET | July 17, 2015

Luxury supercar maker Ferrari is recalling 814 vehicles, costing from $200,000 to more than $1.4 million, to fix driver-side airbags that were installed at an improper angle....
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Honda used airbag inflators made by ARC as probe widens

6:39 am U.S. ET | July 16, 2015

Honda, the automaker worst affected by the global safety crisis involving defective airbags, said it had used inflators made by a second company under investigation in the U.S. for suspected flaws....
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Senate panel reverses course on rentals of recalled vehicles

9:26 am U.S. ET | July 16, 2015

A Senate panel killed a proposal to permit companies to continue renting vehicles that have been recalled, a measure criticized by consumer groups, automakers and even some rental-car companies....
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EDITORIAL

Both automakers and regulators can do better

12:01 am U.S. ET | July 13, 2015

Federal agencies are taking a more aggressive approach to regulating the U.S. auto industry....
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FCA to recall 88,346 Dodge Challengers for Takata airbags

9:23 am U.S. ET | July 12, 2015

Fiat Chrysler Automobiles will recall 88,346 Dodge Challengers to fix a flaw with the driver-side frontal airbag, according to the National Highway Traffic Safety Administration....
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Takata rejects U.S. senator's call for airbag victim fund

6:29 am U.S. ET | July 10, 2015

Takata, the Japanese auto supplier at the center of a global safety crisis, rejected a U.S. senator's request to set up a fund that would compensate people injured or killed by its airbags....
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Honda adds 4.5 million cars to recalls for Takata airbags

July 9, 2015 09:55 CET

Honda added 4.5 million more vehicles to recalls involving Takata airbags. Honda said 1.63 million of the vehicles are in Japan but is still compiling data for other markets. North America is not included in this latest recall, Honda said....
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Nissan says Takata airbag caused fire in Japan crash

6:31 am U.S. ET | July 8, 2015

Nissan said an airbag made by Takata Corp. installed in one of its cars had deployed with too much force and caused a fire in a light crash in Japan, marking the automaker's first such case in the country....
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Takata, Autoliv named in Brazil price-fixing probe

8:39 am U.S. ET | July 7, 2015

Brazil's antitrust watchdog has opened an investigation into a suspected cartel involving local units of Japanese auto parts maker Takata and Swedish-American rival Autoliv, citing potential price collusion in safety belts, airbags and steering wheels....
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Honda restates earnings after airbag recall costs increase

6:29 am U.S. ET | June 26, 2015

Honda restated its financial results for the fiscal year ended in March, to account for additional costs to cover an expanded recall of cars equipped with Takata airbags....
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Takata cuts CEO's pay in wake of airbag crisis

6:57 am U.S. ET | June 26, 2015

Takata CEO Shigehisa Takada earned less than 100 million yen ($810,373) in the business year ended in March, or less than half of the 206 million yen ($1.67 million) he took home in the previous year, a regulatory filing showed today....
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Takata president makes public apology for airbag deaths

6:17 am U.S. ET | June 25, 2015

Takata President Shigehisa Takada made a public apology for the eight deaths and hundreds of injuries related to the company's airbags dating back more than a decade. Takada, 49, bowed and apologized at a press briefing in Tokyo after the company's annual shareholders meeting today....
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Toyota expands airbag recall to Europe

June 25, 2015 08:56 CET

Toyota is expanding a recall previously issued in North America to the rest of the world to replace potentially deadly airbag inflators made by Takata. Toyota said it would recall another 2.86 million vehicles, including 1.7 million in Europe, 360,000 in Japan and 190,000 in China....
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