Takata interiors unit being sold to Piston Group, sources sayMon, 26, Sep 2016
Piston Group, the auto supplier owned by former NBA star Vinnie Johnson, is expected to acquire Takata's interiors subsidiary, Irvin Automotive, sources familiar with the deal said.
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.
Hundreds of recalled Takata airbag parts ruptured in testingMon, 26, Sep 2016
Hundreds of Takata airbag inflators pulled from cars in the auto industry's biggest recall later ruptured in testing, showing the potential risks to drivers.
Takata failed to report 2003 airbag rupture to NHTSAFri, 23, Sep 2016
Japanese airbag supplier Takata said it failed to inform the U.S. auto safety agency of a 2003 rupture of one of its airbag inflators in Switzerland, according to an internal Takata report released by U.S. regulators on Friday.
Robot rides may force error-prone human motorists off the roadThu, 22, Sep 2016
New rules of the road for robot cars coming out of Washington this week could lead to the eventual extinction of one of the defining archetypes of the past century: the human driver.
Michigan House panel unanimously OKs amended autonomous vehicle billsWed, 21, Sep 2016
A Michigan House committee on Tuesday advanced four bills that would regulate Michigan's developing autonomous vehicle industry, with changes designed to satisfy concerns about exclusion raised by tech giant Google Inc.
Takata receives 5 bids with Autoliv, Daicel among suitors, report saysWed, 21, Sep 2016
Takata has received five bids from potential suitors including fellow suppliers Autoliv and Daicel and buyout firm KKR as the troubled company faces mounting liabilities related to its record recalls, Bloomberg reported.
U.S. guidelines set clearer path for autonomous carsMon, 19, Sep 2016
Automakers and tech companies working on self-driving car systems can expect greater scrutiny from U.S. regulators before they can put those cars on the road under a new federal policy that represents a significant shift in how vehicle technologies and safety are regulated.
Automakers head to Japan to decide Takata's fateTue, 20, Sep 2016
Global automakers are expected to descend on Tokyo at the end of the month to decide the fate of embattled supplier Takata Corp. Executives from customers, including GM and Ford, will review offers from several bidders for the company
Takata pushes ahead with sale by taking bids this week, report saysMon, 19, Sep 2016
Takata is said to be moving forward with an auction of the company as private equity groups and suppliers line up offers. Bidders for the troubled firm have been asked to submit their proposals by early this week, with Takata aiming to shortlist two to three candidates by October, Bloomberg reported.
GM seeks delay in recall of 1 million vehicles with Takata airbagsFri, 16, Sep 2016
General Motors has asked U.S. auto safety regulators for a one-year delay of a planned recall of about 1 million full-size pickups and SUVs equipped with passenger-side airbag inflators made by troubled Japanese supplier Takata Corp.
Tesla's Musk 'hopes' to roll out new Autopilot version next weekFri, 16, Sep 2016
Elon Musk “hopes” to introduce a new version of Tesla's Autopilot software on Wednesday, while the automaker remains under scrutiny for a fatal crash in May.