Safety Equipment

Takata widens loss forecast, raises uncertainty over airbag liabilities

6:21 am U.S. ET | Nov. 6, 2014
Takata, the Japanese airbag supplier at the center of a safety crisis, widened its annual loss forecast, will skip a dividend payout and warned it can't estimate the full financial liability as regulators urge automakers to speed up recalls....
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Poorly handled recalls are a 'black eye' for the industry, Jackson says

4:48 pm U.S. ET | Nov. 6, 2014
Mounting recalls this year are a “black eye” for the auto industry, AutoNation CEO Mike Jackson said today. The poorly handled recalls have resulted in an impression “seeping into the American consciousness that the industry does not have a coherent plan” to properly handle safety recalls, the head of the nation’s largest auto retailer told the Detroit Economic Club....
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Small fire at Takata plant in San Antonio forces evacuation

12:55 pm U.S. ET | Nov. 6, 2014
Over 70 Takata employees temporarily evacuated the supplier's San Antonio seatbelt production plant after a small fire broke out early this morning, officials said. Employees were back at work shortly after the fire....
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Honda ordered to deliver airbag documents to NHTSA

3:04 pm U.S. ET | Nov. 5, 2014
Federal safety regulators today ordered Honda to provide documents and answer questions under oath related to the government's ongoing probe of potentially defective air bags installed in millions of recalled vehicles in the United States....
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Takata airbag customers seek joining of lost-value suits

9:57 am U.S. ET | Nov. 5, 2014
Lawyers suing Japanese auto supplier Takata over customer claims of lost vehicle value connected to airbag recalls asked that they be combined in a single federal court, which would give them a united front in pursuing the cases....
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THE GM RECALL

GM offers gift cards as bait for owners to get recalled cars fixed

12:04 pm U.S. ET | Nov. 4, 2014
General Motors is dangling $25 gift cards to Starbucks, Bass Pro Shops and other retailers to persuade nearly 1 million owners of recalled cars with faulty ignition switches to get them fixed....
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Honda being probed by U.S. over Takata airbag failures

5:04 pm U.S. ET | Nov. 3, 2014
Federal auto safety regulators have ordered American Honda to answer questions under oath about how it reports defect-related death and injury claims to the government after the automaker last month was accused of failing to report at least two incidents tied to defective Takata airbags....
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Takata airbag recall puts pressure on Honda

12:01 am U.S. ET | Nov. 3, 2014
Embroiled in a massive recall related to airbags, Honda Motor Co. and its U.S. dealers have gotten off to an orderly start in repairing affected vehicles....
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Public retailers say recall will boost business

12:01 am U.S. ET | Nov. 3, 2014
Public retail groups are grappling with how to handle the recall of millions of used cars with faulty airbags....
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Feds push Takata to outsource inflators Rivals TRW

12:01 am U.S. ET | Nov. 3, 2014
Under pressure from federal regulators, airbag manufacturer Takata Corp. has asked rival suppliers if they can help produce replacement inflators for the company's customers....
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Takata recalls more defective airbag inflators prone to rupture

1:04 pm U.S. ET | Nov. 1, 2014
Takata, adding to questions about the scope of defects in its products, made another 30,687 inflators with an incorrect part that can lead to damaging airbag ruptures in newer vehicles, U.S. regulators disclosed Saturday....
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Takata must rev up airbag replacement effort, NHTSA warns

9:33 pm U.S. ET | Oct. 31, 2014
U.S. auto safety officials on Friday told Takata to work harder to meet demand for replacement parts for airbags that could prove defective in millions of U.S. cars....
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Takata airbag recalls should include newer cars, watchdog says

8:32 am U.S. ET | Oct. 31, 2014
A watchdog group has asked federal regulators to broaden a defect investigation of Takata airbags to include more vehicles and to see whether replacements used in recalled vehicles are safe....
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Honda, Takata sued in California for airbag-related recalls

8:06 am U.S. ET | Oct. 31, 2014
Honda and airbag supplier Takata were sued by a driver seeking damages on behalf of the owners of 5 million Honda and Acura models recalled so far in the United States to replace potentially unsafe airbags....
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Audi recall no threat to Continental's financial guidance, CEO says

7:33 am U.S. ET | Oct. 31, 2014
Supplier Continental AG said a fault with airbags installed at Audi could cost a double-digit million euro amount to fix, a sum which the German automotive supplier could absorb without revising its earnings guidance....
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NHTSA orders Takata to produce documents related to airbag probe

1:47 pm U.S. ET | Oct. 30, 2014
Federal safety regulators today ordered Japanese supplier Takata to provide documents and answer questions under oath related to the government's ongoing probe of potentially defective Takata airbags in millions of vehicles....
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Airbag investigators focus on metal shards sprayed at crashes

6:56 am U.S. ET | Oct. 30, 2014
More details are emerging about accidents involving Takata airbags -- and the horrific injuries and subsequent lawsuits that resulted from them. Takata, which accounts for about a quarter of all airbag inflators produced globally, is finding it far more difficult to silence safety questions....
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Takata knew of airbag defects as early as 2001, lawsuits allege

9:51 am U.S. ET | Oct. 28, 2014
Takata knew at least as early as 2001 of manufacturing defects that could lead its airbags to explode, U.S. drivers claimed in lawsuits....
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More airbag recalls could test automakers' Takata ties

8:29 pm U.S. ET | Oct. 27, 2014
Japan's Takata, whose potentially defective car airbags have been linked to four deaths in the United States, is unlikely to be dumped by its automaker customers given the cost and disruption of such a move -- for now....
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'No other supplier other than Takata has used this ammonium nitrate'

7:30 am U.S. ET | Oct. 27, 2014
The emerging crisis over airbags traces back to a little-known Japanese company that for over 20 years has supplied the safety devices to automakers including Toyota, Honda and GM....
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Takata to form quality control committeee; CEO apologizes for airbag crisis

6:30 am U.S. ET | Oct. 27, 2014
Takata said it will form a global quality control committee in response to an auto-safety crisis created by flaws in its airbags. The company's CEO also issued an apology....
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Takata warnings intensify

12:01 am U.S. ET | Oct. 27, 2014
Takata has wrestled with airbag defects for several years, but the issue drew increased attention in the spring and gained urgency last week, after tests showed a higher risk of failure than previously believed....
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KEITH CRAIN

The recall process must change

12:01 am U.S. ET | Oct. 27, 2014
We have had two cases involving defective parts so bad that one potential solution has been for owners to park their cars. That is indeed a drastic remedy. We have to figure out a better way of handling recalls....
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NHTSA back in cross hairs as airbag crisis escalates

12:01 am U.S. ET | Oct. 26, 2014
For the second time this year, a long-standing defect linked to deaths and injuries has triggered a mushrooming auto-safety crisis, lending more fuel to criticism that federal regulators haven't done enough to protect consumers from such dangers. Perhaps more unnerving to those consumers, the problem doesn't yet appear to be contained....
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Takata's airbag crisis may spur automaker shift to Autoliv, Daicel

Oct. 24, 2014 11:49 CET
The defect in Takata Corp. airbags that has led to millions of recalls and has been linked to four deaths in Honda cars opens the supplier to risk of losing business to rivals including Autoliv and Daicel....
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