Detroit's leather-maker hits a financial wallOct. 14
Takata says $1.6 billion Key Safety deal to be signed within 2 weeksOct. 2
Key Safety Systems has agreed to terms on the purchase of assets of Takata, and final documents will be signed in less than two weeks. Takata had been stricken by a recall of its faulty vehicle airbags.
Is Uber partly to blame for a Michigan leather seat supplier's bankruptcy?Oct. 4
Uber has been blamed for crushing the taxi industry, labor rules, privacy -- and now leather car seats? That's the contention of bankrupt GST AutoLeather, which makes leather and components for virtually ever major automaker.
GM thwarts plaintiffs' $1 billion accord with Old GM trust fundAug. 17
U.S. judge in Takata bankruptcy halts lawsuits vs. automakers for 90 daysAug. 16
GM accuses bankruptcy trust of secret $1 billion stock plotAug. 11
General Motors accused the trust set up to handle its bankruptcy claims of secretly plotting with plaintiffs' attorneys to make it pay $1 billion in stock as part of a $15 million class-action settlement.
Japan's Takata files another attempt to stay U.S. airbag lawsuitsAug. 9
New Takata airbag recalls could expose automakers to more liabilitiesJuly 19
Takata's bankruptcy filing was meant to draw a line under the auto industry's biggest safety recall, but last week's announcement of more airbag inflator recalls suggests automakers could face fresh liabilities.