Dealer's recall policy proves his integrityMon, 17, Oct 2016
I am glad to see that Stewart's policy is shown as a "best practice" and hope other dealers will follow suit.
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.
Key Safety eyes Japan auto expansion in wake of Takata's crisisTue, 04, Oct 2016
Key Safety Systems, the airbag maker said to be among the bidders for Takata, is considering a further push into Japan after winning new business from the nation’s automakers in the wake of Takata’s record recalls.
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.
Vinnie Johnson's Piston Group closes on $175 million deal for Takata subsidiaryWed, 28, Sep 2016
U.S. auto supplier Piston Group closed today on the $175 million acquisition of Takata subsidiary Irvin Automotive. The acquisition adds Irvin's interiors manufacturing operations to Piston's assembly and sequencing business
Dealer's hard line on recalls is costing himMon, 26, Sep 2016
At his Florida Toyota dealership, Earl Stewart implemented a hard-and-fast ban on selling used cars with unrepaired safety recalls. He won't even wholesale used cars with open recalls. It hasn't been easy.
Honda reports another Takata airbag rupture in fatal Malaysia crashWed, 28, Sep 2016
Honda said today that the driver-side airbag inflator ruptured during a fatal crash in Malaysia, in the fourth death this year in the Southeast Asian country linked to airbags from supplier Takata Corp.
Takata in talks with U.S. to resolve criminal allegations, report saysWed, 28, Sep 2016
Japan's Takata in talks with the U.S. Department of Justice to resolve allegations of criminal wrongdoing related to its faulty airbags, The Wall Street Journal reported today.
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.