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Takata filed for bankruptcy protection in Japan and the U.S., saying it would sell key assets to U.S. supplier Key Safety Systems for $1.59 billion.
Honda says Takata's bankruptcy will make it difficult for the automaker to recoup billions of dollars it has spent to recall defective airbag inflators.
The expected bankruptcy of troubled airbag maker Takata throws a wild card into one of the biggest and most complicated recalls in automotive history.
Ford's decision to move production of the Focus to China shows that automakers continue to grapple with building small cars that can be sold profitably in the U.S.
Trade Representative Robert Lighthizer said he was concerned about Ford's announcement that it will move some production of its Focus small car to China and import the vehicles to the U.S.
Honda said an engineer who once suggested he knew a hidden truth about "the root cause" of Takata's defective airbags later indicated he was mistaken.
Subaru's new safety technologies came in response to a very Japanese problem: Vehicle accidents involving pedestrians and seniors are more common in Japan than elsewhere.
Is there an odd/unusual problem reported by a consumer that stands out more than any other? Cupholders!
Think body-on-frame trucks are relics of the past? Nope. They're wildly popular, and profitable.
Starting next year, Ford will go about a year without building a single Focus for North America — and the market may not even notice. Slumping sales have turned the car into an imported afterthought.
GM agreed to settle federal lawsuits by as many as 203 plaintiffs over defective ignition switches. The accord could also resolve hundreds of state court claims.
Mercedes-Benz's box-on-wheels endures, despite the brand's decision to kill it.
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