Two finalists expected to be named in Takata bid processTue, 11, Oct 2016
The list of suitors for embattled automotive safety products supplier Takata is expected to be reduced to two following a meeting in New York or Detroit at the end of this month.
Takata hires law firm Weil Gotshal with bankruptcy among options, report saysFri, 07, Oct 2016
Japanese auto supplier Takata, whose defective airbag inflators triggered the biggest recall in auto industry history, hired law firm Weil Gotshal & Manges to help it weigh options that could include bankruptcy or a sale, people with knowledge of the matter told Bloomberg.
Henrik Fisker relaunches namesake car companyTue, 04, Oct 2016
Henrik Fisker, a former top designer at BMW and Aston Martin, is relaunching his namesake company and will present an electric vehicle next year. He called it a "spiritual successor" to the Fisker Karma electric car.
Honda irking Takata stakeholders by going slow on sale, report saysTue, 04, Oct 2016
As airbag supplier Takata courts buyers to resolve the auto industry's biggest recall ever, stakeholders are getting frustrated with the speed of decision-making by top customer and shareholder Honda, people with knowledge of the deliberations told Bloomberg.
Takata's potential suitors offer to invest $1B-2B, report saysFri, 30, Sep 2016
Takata received offers for initial investment of $1 billion to $2 billion from each of the five suitors seeking to buy the troubled airbag maker, a person with knowledge of the matter told Bloomberg.
Final bidders say Takata should file for bankruptcy protection, report saysThu, 29, Sep 2016
All five bidders seeking to bail out Japan's beleaguered Takata have presented restructuring plans that require the airbag maker to file for bankruptcy protection, people with knowledge of the process told Reuters.
Takata interiors unit being sold to Piston Group, sources sayMon, 26, Sep 2016
Piston Group, the auto supplier owned by former NBA star Vinnie Johnson, is expected to acquire Takata's interiors subsidiary, Irvin Automotive, sources familiar with the deal said.
Takata's search for a savior could drag into next yearMon, 26, Sep 2016
The plan to sell beleaguered Takata to a rescuer, slated by year-end, is likely to extend into next year as some bidders want to drag the airbag maker through bankruptcy to wipe out most of its debt, people with knowledge of the matter said.