Another round of Takata airbag recalls filed by 13 automakersThu, 19, Jan 2017
More than a dozen automakers this week recalled another 652,000 vehicles with Takata airbag inflators in the U.S. to replace front passenger inflators as the largest callback in the history of the auto industry continues to cascade through the regulatory process.
U.S. closing Tesla autopilot death investigation without demanding recall, report saysThu, 19, Jan 2017
U.S. regulators said on Thursday they found no evidence of any defects in Tesla electric cars after investigating the death of a man whose Model S collided with a truck while he was using its Autopilot system, the first known fatality involving semi-autonomous driving software.
Takata's remaining two bidders to seek court-led turnaround in Japan, report saysWed, 18, Jan 2017
GM settles ignition-switch disclosure case with SECWed, 18, Jan 2017
General Motors today said it will pay a $1 million fine to settle an investigation by the U.S. Securities and Exchange Commission related to its 2014 ignition-switch recalls. The agreement does not require GM to admit any wrongdoing, nor does it call into question any of GM’s financial statements or disclosures, the company said.
U.S. indicts three ex-Takata executives; criminal settlement reachedFri, 13, Jan 2017
The federal government charged Takata with criminal wrongdoing on Friday in connection with airbag inflator ruptures linked to at least 16 deaths worldwide. The company was charged with a single felony count of wire fraud. It was expected to plead guilty to the charge as part of a $1 billion deal with the Justice Department.
Honda recalls 641,302 Odysseys, issues stop-sale orderThu, 29, Dec 2016
Takata could pay up to $1 billion to settle U.S. criminal probe, report saysWed, 28, Dec 2016
Takata is nearing a criminal settlement with the U.S. Department of Justice and is expected to pay up to $1 billion to resolve allegations of wrongdoing related to its faulty airbag inflators, The Wall Street Journal reported today.