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.
Ford recalls 8,000 2017 Super Duty trucks for fuel strap reinforcementWed, 21, Dec 2016
Ford said it is recalling over 8,000 2017 Super Duty trucks that do not contain a proper fuel tank strap reinforcement. Separately, it's recalling about 1,300 2016 Ford Taurus sedans, 2016-17 Flex crossovers, 2017 Explorers and Police Interceptor Utilities and 2016-17 Lincoln MKT crossovers with leaky turbocharger oil supply tubes.
VW gets final clearance for European diesel fixesWed, 21, Dec 2016
VW said it has received all clearances from Germany's motor vehicle authority to fix diesel cars fitted with rigged software. Under EU regulations, the fixes are valid for cars sold by VW and its Audi, Skoda and Seat brands across the 28-nation bloc. The number of diesel vehicles approved for repair in Europe is about 9 million models, VW said.