Takata Corp

Mitsubishi to recall some 2004-05 Lancer sedans in U.S. with defective Takata airbags

9:58 am U.S. ET | July 18, 2014
Mitsubishi Motors is recalling cars made with Takata Corp. airbags in Florida, Hawaii, Puerto Rico and the U.S. Virgin Islands. Mitsubishi is one of nine automakers to say it will conduct a recall that includes those areas....
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Takata to book $440 million special loss for wave of recalls

7:25 am U.S. ET | July 18, 2014
Takata will book a special loss of around $440 million in the April-June quarter after several automakers recalled vehicles due to potential problems with the supplier's airbags. The cost of the recalls could increase if a safety probe in the United States finds evidence that driving in high humidity increases the risk of the airbags exploding, or if automakers decide to expand the recalls beyond certain U.S. regions....
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Subaru recalls cars with Takata airbag inflators in U.S.

1:32 pm U.S. ET | July 8, 2014
Subaru of America is recalling 8,557 older model cars in the United States equipped with potentially defective airbag inflators made by Japanese supplier Takata, the automaker and federal regulators said today....
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Mazda to recall 42,000 cars with Takata airbags in China

8:18 am U.S. ET | July 7, 2014
Mazda will recall over 42,000 cars produced in China due to issues over airbags supplied by Takata Corp, a firm which is at the heart of massive recalls globally....
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Honda expands giant airbag recall to include California

9:36 am U.S. ET | July 4, 2014
Honda expanded a U.S. regional recall of vehicles over potentially explosive airbags to include California after a complaint that said a driver was injured in an accident in the state....
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Subaru, Mitsubishi also received potentially defective airbag inflators, Takata says

10:49 am U.S. ET | June 30, 2014
Takata, the Japanese auto safety components supplier, said potentially defective airbag inflators that could explode with too much force, were also shipped to Japanese automakers Subaru and Mitsubishi Motors....
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In Japan, no airbags are better than hazardous ones

12:01 am U.S. ET | June 28, 2014
The massive recall of airbags made by Japan's Takata presents a global fix-it fiasco. With millions of cars needing new airbag inflators, it will take months to remedy all the vehicles on the road. That has prompted some less-than-optimal workarounds....
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GM lifts stop-sale order on Cruze as probe continues

3:20 pm U.S. ET | June 26, 2014
General Motors, which has recalled a record number of vehicles in the United States this year, lifted its temporary stop-sale order on its top-selling Chevrolet Cruze sedans as it evaluates the vehicles for a new type of airbag problem....
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Airbag recall could drive Takata into the red

5:44 pm U.S. ET | June 25, 2014
Takata could face a $500 million charge and a net loss this year -- its second in three years -- as a widening recall of airbag inflators begins to kindle worries despite its deep pockets....
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BMW examines cars for potential airbag problems

June 24, 2014 09:16 CET
BMW is analyzing a limited number of its cars in Hawaii, Puerto Rico and the Virgin Islands as part of a broader investigation into the safety of airbags supplied by Japan's Takata....
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Honda, Nissan, Mazda expand recalls over Takata airbag flaw

3:51 am U.S. ET | June 23, 2014
The recall storm embroiling Takata airbags widened today with Honda, Nissan and Mazda calling back nearly 3 million vehicles to fix possibly defective inflator propellant made in North America....
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Takata says moisture may be culprit in airbag recalls

12:01 am U.S. ET | June 23, 2014
For a global airbag producer, it’s hard to imagine worse news: A few defective airbag inflators from Takata Corp. malfunctioned during accidents, rupturing the airbags....
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Honda's Takata airbag recall could top 1 million, report says

7:25 am U.S. ET | June 16, 2014
Honda expects to recall vehicles with potentially defective airbags, a move that could expand a massive airbag recall by more than a million, according to a person with knowledge of the matter....
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Toyota details recall plans for 844,277 U.S. vehicles with Takata airbags

10:16 am U.S. ET | June 13, 2014
Toyota outlined a plan to fix airbags made by supplier Takata that could project metal fragments in 844,277 previously recalled cars and trucks in the United States, including the 2003 and 2004 Corolla and GM's Pontiac Vibe....
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Toyota adds 650,000 vehicles to Takata airbag recall in Japan

6:29 am U.S. ET | June 11, 2014
Japanese airbag maker Takata's quality problems deepened today after Toyota recalled 650,000 more vehicles in Japan, and the supplier cautioned further fixes may be needed. Separately, NHTSA said today it has opened a preliminary evaluation of about 1.1 million vehicles built with Takata airbag modules from model years 2002 to 2006....
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Former Takata executive indicted in seat belt price-fixing scheme

1:27 pm U.S. ET | June 5, 2014
A federal grand jury has indicted a former top-tier global sales executive at Takata on a charge of participating in a conspiracy to fix the prices for seat belts, the Department of Justice said today....
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New Ford steering system needs fewer turns

12:01 am U.S. ET | May 29, 2014
Ford has a solution for drivers tired of cranking steering wheels to maneuver into tight parking spots. Now, to back into a space a driver needs to turn the steering wheel of a typical vehicle up to three revolutions. With the new Ford system, it might need as few as two....
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REUTERS SPECIAL REPORT

How Takata crossed 'dangerous bridge' on airbag quality, safety

8:58 am U.S. ET | Jan. 16, 2014
After a series of accidents and at least two deaths allegedly caused by faulty airbags, automaker clients of Japanese supplier Takata last year ordered the largest airbag-related recall in history. The tale that emerges in a special report by Reuters is one of a company that lost its grip on quality. It's a classic case study in how a lapse in quality-control rigor can prove extraordinarily costly to even a well-regarded, successful company....
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3 Takata execs to plead guilty to U.S. price fixing charges

11:45 am U.S. ET | Nov. 21, 2013
Three midlevel executives of automotive supplier Takata will each plead guilty to one felony charge of conspiracy to fix the price of seat belts in cars built in the United States for Japanese automakers, the Justice Department said today....
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Takata to pay $71.3 million fine over seat belt price-fixing charges

8:59 am U.S. ET | Oct. 10, 2013
Takata will pay $71.3 million to settle antitrust charges brought by U.S. federal prosecutors over price fixing on seat belts sold to automakers, the Japanese auto parts maker said. Takata CEO Shigehisa Takada faces a 30 percent cut in his compensation, while other directors will be subject to a 15 percent cut, the company said....
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Special Report
Fewer bosses, Disney savvy, $2 idea lift stores

Fewer bosses, Disney savvy, $2 idea lift stores

A Chrysler Group dealership chain is stripping away layers of management to sell cars faster. A Chevrolet-Cadillac store is enchanting customers through Disney training. Mon., July 21
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