Litigation and Regulations

Takata exec warns about ability to fix deadly airbag flaw

6:46 am U.S. ET | Nov. 21, 2014
An executive from Japan's Takata told lawmakers on Thursday the supplier is urgently trying to ramp up replacement parts for millions of vehicles fitted with potentially deadly airbags, but said it may not be able to move quickly enough....
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Honda admits failures in Takata airbag fiasco

2:36 pm U.S. ET | Nov. 20, 2014
A Honda executive told Congress today that the company failed to properly notify federal regulators of some crashes in which airbags made by Takata exploded and to clearly warn customers of the danger some vehicles could pose. He also acknowledged that the automaker still doesn't know for sure the extent of the problem but said it is working to find out and to make repairs as quickly as possible....
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NHTSA tells Marchionne to speed up Jeep recall fix

1:58 pm U.S. ET | Nov. 20, 2014
Chrysler Group CEO Sergio Marchionne was sent a stern letter Thursday from federal regulators to speed up repairs of recalled Jeep SUVs that face a heightened fire risk....
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Millions of cars need airbag fix as Senate grills auto industry

6:37 am U.S. ET | Nov. 20, 2014
The world's biggest automakers have fixed a fraction of almost 8 million cars recalled for Takata airbags, providing fuel for a Senate committee the grilled industry executives today for their handling of the crisis....
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THE GM RECALL

GM sued by Arizona on claims it hid safety defects

6:59 am U.S. ET | Nov. 20, 2014
Arizona filed a lawsuit against General Motors, claiming the carmaker put the public at risk by concealing safety defects to avoid the cost of recalls. Arizona was seeking an estimated $3 billion from GM, the New York Times reported....
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NHTSA's decision to decline Takata documents spurs criticism

10:53 am U.S. ET | Nov. 20, 2014
Five months after an exploding airbag killed a Virginia woman on Christmas Eve of 2009, the manufacturer offered the National Highway Traffic Safety Administration additional documents, but the agency said it was unnecessary because it has just closed its investigation....
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DAVE GUILFORD

Ghosn sets the record straight on price-fixing conspiracy

12:53 pm U.S. ET | Nov. 20, 2014
In our package of stories on supplier price-fixing published Monday, one report said Carlos Ghosn inadvertently created the bid-rigging tradition. It was an intriguing scenario. But Carlos Ghosn begs to differ....
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Airbag angst preceded U.S. demand for nationwide Takata recall

2:36 pm U.S. ET | Nov. 19, 2014
Consumer worries about the safety of their airbags played a key role in why federal regulators now are demanding that carmakers recall cars with Takata airbags nationwide -- even at the potential risk of endangering drivers who most urgently need replacements....
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BMW says its Takata inflator work moving from Mexico to Germany

7:21 pm U.S. ET | Nov. 19, 2014
Takata plans to shift production of BMW airbag inflators from Mexico to Germany, BMW said on Wednesday in a filing with federal safety regulators who have been probing questions about the quality of manufacturing at the plant....
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GM getting positive reviews on Wall Street despite record recalls

8:51 am U.S. ET | Nov. 19, 2014
If relative value means anything, GM may be the best buy in the auto industry. That, at least, is the consensus of bullish analysts, who are extolling the highest-quality vehicles in decades and operating margins to go with them, even as GM suffers a record recall of cars....
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Takata faces nationwide recall order for driver's-side airbags

5:30 pm U.S. ET | Nov. 18, 2014
Federal safety regulators are seeking to expand regional recalls of faulty driver's-side airbags made by Takata into a nationwide campaign, prompting the supplier to warn of potential parts shortages....
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Takata quality assurance executive added to Senate hearing list

4:12 pm U.S. ET | Nov. 17, 2014
A senior Takata quality assurance executive has been added to the list of witnesses to testify during Thursday's Senate committee hearing on the Takata airbag recalls....
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GM's bankruptcy judge to retire, remain on recall status

3:32 pm U.S. ET | Nov. 17, 2014
The New York bankruptcy judge overseeing part of the fallout from General Motors' problems with faulty ignition switches will retire from the bench, but remain active in so-called recall status for at least a year, his court announced....
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Airbag settlements keep details from other victims of accidents

6:26 am U.S. ET | Nov. 17, 2014
Confidential settlements over defective Takata airbags are sealing off relevant information that other victims could use to pursue injury claims....
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Confessions of a price fixer

6:00 pm U.S. ET | Nov. 16, 2014
As one after another Japanese auto supplier gets snagged for price fixing, it is the unwritten rule, say insiders and lawyers, that middle managers sometimes take the fall for superiors and get rewarded for not airing the company's dirty laundry in public court. This is one such story....
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Supplier upheaval fueled price fixing

6:00 pm U.S. ET | Nov. 16, 2014
To hear auto industry insiders in Japan, the country's problems with bid rigging began to spiral in the early 2000s. Or, more specifically, with the arrival of Carlos Ghosn, the cost-cutting CEO who parachuted into a nearly bankrupt Nissan Motor Co. and blew up the carmaker's ossified supplier network....
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What is a recall? Automakers confuse drivers in deadly airbag saga

10:48 am U.S. ET | Nov. 16, 2014
More than 17 million cars with Takata airbags have been recalled worldwide, including over 11 million in the United States. But that number represents a patchwork of confusing safety messages to drivers: "safety improvement campaigns," informal "regional recalls," and formal recalls of certain models rather a consistent national action. The mixed messages make owners wonder how worried they should be....
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Chrysler's Marchionne told to give deposition in suit over Jeep fire

12:11 am U.S. ET | Nov. 16, 2014
A Georgia judge ordered Fiat Chrysler Automobiles CEO Sergio Marchionne to give a videotaped deposition in a lawsuit filed by the family of a 4-year-old child killed after the Jeep Grand Cherokee he was riding in was rear-ended and caught fire....
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Ford extends Ranger recall in U.S. to look at driver's side airbag

8:34 pm U.S. ET | Nov. 14, 2014
A recall of Ford Ranger pickup trucks in the United States was expanded to include more flawed Takata airbags after a fatal accident in Malaysia exposed a defect that wasn't previously known....
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THE GM RECALL

Former GM engineer at center of recall crisis says 'I did my job the best I could'

12:01 am U.S. ET | Nov. 14, 2014
The General Motors engineer often identified as responsible for a faulty ignition switch that has been linked to 32 deaths said "I did my job the best I could" in his first public comments since GM recalled 2.6 million cars to address the defect early this year....
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TIMELINE -- Takata airbag recalls

12:26 pm U.S. ET | Nov. 13, 2014
Following are some key events leading to the recall of several million cars fitted with potentially defective air bags made by Japanese supplier Takata....
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THE GM RECALL

Delphi turns over GM recall evidence in deal with plaintiffs

3:42 pm U.S. ET | Nov. 13, 2014
Delphi Automotive agreed to give thousands of documents to lawyers suing General Motors over faulty ignition switches and to let the lawyers speak with the supplier's employees in exchange for being dropped as a defendant....
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Barra to sit out award ceremony following protests

10:17 pm U.S. ET | Nov. 12, 2014
General Motors said Wednesday that CEO Mary Barra will sit out an award ceremony in her honor next week following protests from a group of family and friends of people killed in defective GM vehicles....
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Former Honda executives chide CEO Ito over quality, recalls

10:03 am U.S. ET | Nov. 12, 2014
Two former Honda Motor chiefs have called on CEO Takanobu Ito this year, urging him to focus more on quality issues, increasing the pressure he's already under from federal regulators and politicians over mass airbag recalls....
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Takata says it modified compound involved in airbag recalls

12:12 pm U.S. ET | Nov. 12, 2014
Takata has modified the composition of an airbag propellant that contains a volatile chemical at the center of a recall of millions of cars worldwide, the company told Reuters....
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