Takata Corp

Takata posts quarterly profit gain as airbag recalls mount

6:54 am U.S. ET | Feb. 5, 2016

Takata reported quarterly profit rose from a year earlier, as it seeks to convince automakers including Honda to continue to support it through expanding recalls....
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Honda warns dealerships of liability as it widens airbag recall

12:15 pm U.S. ET | Feb. 3, 2016

American Honda has expanded its Takata airbag recalls by more than 2 million vehicles and warned dealers that they could face legal exposure for unrepaired vehicles if they violate a related stop-sale order for the affected cars....
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Takata plans to present restructuring plan to carmakers in May, report says

10:58 am U.S. ET | Feb. 3, 2016

Takata is preparing to present a restructuring plan to automakers in early May that will include an agreement on the sharing of recall costs, people familiar with the matter told Bloomberg....
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Amid profit fall, Honda bets on new products

12:01 am U.S. ET | Feb. 1, 2016

Takata airbag recalls and exchange losses undercut profits at Honda in the latest quarter, but the company sees a brighter 2016 thanks to an influx of new product for North America, the Japanese carmaker's biggest market....
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Takata says CEO has no plans 'as of now' to step down

Jan. 29, 2016 11:22 CET

Takata said its CEO Shigehisa Takada had no intention to resign "as of now" as the airbag maker struggles with a long-running safety recall crisis....
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Takata prepares CEO exit over airbag safety crisis, report says

Jan. 28, 2016 11:20 CET

Takata is preparing the ground for the exit of its CEO, Shigehisa Takada, Reuters reported, as pressure builds on the airbag maker following a huge global recall over faulty inflators that can explode with excessive force....
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Ford expands recall for Ranger pickups with Takata airbags

10:00 am U.S. ET | Jan. 26, 2016

Ford is expanding a recall of vehicles with Takata airbags after an inflator exploded in a Ford Ranger last month and the driver was killed....
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PHILIP NUSSEL

BLOG: Why the time has come for a Takata bailout

2:02 pm U.S. ET | Jan. 26, 2016

It's time for Takata's largest customers to seize the company and ensure it can meet all of the legal and safety obligations arising from its faulty airbag inflators....
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Takata will meet carmakers to gauge possible financial aid, source says

Jan. 25, 2016 09:53 CET

Takata plans to meet with key customers this week to gauge how receptive they are to extending financial aid to help the supplier cope with the costs of its massive airbag recall, a person familiar with the matter said. Honda and Nissan said they received invitations to meet with Takata....
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Takata seeks automaker aid, eyes airbag deal with Daicel, reports say

6:42 am U.S. ET | Jan. 23, 2016

Airbag supplier Takata plans to request financial support from Japanese automakers and also wants to team up with competitor Daicel to produce airbag inflators, Reuters reported....
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Takata recall to be expanded to 5 million more vehicles; Ford airbag fatality reported

1:43 pm U.S. ET | Jan. 22, 2016

U.S. regulators announced a new recall of about 5 million vehicles with potentially defective Takata airbags, covering some automakers not previously affected by one of the biggest auto safety recalls in U.S. history....
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U.S. recalls hit another record in 2015, NHTSA chief Rosekind says

2:00 pm U.S. ET | Jan. 21, 2016

More than 51 million vehicles were recalled in 2015 in nearly 900 campaigns, another record, NHTSA chief Mark Rosekind said today during a speech at the Washington auto show....
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ZF TRW expects to become No. 2 producer of airbag inflators

8:25 pm U.S. ET | Jan. 10, 2016

ZF TRW Automotive, the world's third-largest producer of airbag inflators, expects to overtake Takata as the world's No. 2 supplier as it wins new contracts from Takata's former customers....
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Mazda recalls 374,000 vehicles for Takata airbag defects

3:35 pm U.S. ET | Jan. 8, 2016

Mazda said it will recall 374,000 U.S. vehicles linked to potentially defective front passenger-side airbags made by Takata Corp....
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Takata airbag victim's family cites skewed data to reopen suit

6:45 am U.S. ET | Jan. 6, 2016

The family of a Virginia woman who was killed by shrapnel from a Takata airbag is seeking to reopen a lawsuit it previously settled over her death based on allegations the company knew the device was defective....
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Nissan says it’s not considering giving aid to Takata

6:33 am U.S. ET | Jan. 5, 2016

Nissan said today it was not planning to offer financial support to Takata, the airbag maker at the center of a massive global recall of faulty inflators....
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Takata may get relief from Japanese automakers, paper reports

6:32 am U.S. ET | Jan. 4, 2016

Takata shares surged the most in more than a year after the Sankei newspaper reported that Japanese automakers may provide support to the airbag maker to safeguard access to its technology....
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EDITORIAL

Enjoy good times, and keep an eye on the road ahead

12:01 am U.S. ET | Jan. 4, 2016

It is easy to look back at a robust 2015 across much of the auto industry and conclude that the same good fortunes also must lie ahead in 2016....
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Honda confirms ninth death linked to Takata airbags

9:14 am U.S. ET | Jan. 1, 2016

Honda confirmed that a Takata airbag inflator ruptured in a July crash of a Honda Accord and likely led to the death of the young driver, the ninth death in the world linked to the faulty inflators....
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2015 LISTS OF 10

The biggest auto industry blunders of 2015

12:01 am U.S. ET | Dec. 25, 2015

From Volkswagen's diesel emissions scandal to Ford's F-150 crash-test do-over, we look back at the 10 biggest blunders of 2015....
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NEWS ANALYSIS

Latest airbag death shows flaw in U.S. recall system

8:58 am U.S. ET | Dec. 24, 2015

The latest fatality linked to a Takata airbag -- eight have occurred in the U.S. -- highlights a flawed recall system that all-too-often fails to lead to critical repairs and can take years to complete....
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Honda scolded Takata as deadly airbag crisis unfolded in U.S.

10:20 am U.S. ET | Dec. 23, 2015

Four months before U.S. regulators started their investigation, Honda executives sat down with Shigehisa Takada, the head of Takata, to scold him for the way the manufacturer reacted to the crisis over its potentially deadly airbags, according to minutes of the meeting....
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U.S. says 8th U.S. death linked to Takata airbag rupture

11:26 am U.S. ET | Dec. 23, 2015

The National Highway Traffic Safety Administration said today that an eighth U.S. death is linked to a faulty Takata airbag inflator, marking the first reported death since April and ninth death worldwide....
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Takata airbag crisis having broader sales impact, report says

6:55 am U.S. ET | Dec. 18, 2015

The crisis involving Takata's defective airbags has started to hurt demand for its steering wheels, people familiar with the matter told Bloomberg....
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Major Takata investor dumps stock after losing trust in management

7:28 am U.S. ET | Dec. 7, 2015

Takata has lost the confidence of one of its biggest former shareholders, which said the company cut off access to management and downplayed risks as its airbags spurred a record auto safety recall....
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