Search Results for ‘takata’

Takata, the parts supplier that furnished automakers with millions of extremely dangerous airbag inflators, was forced to issue another recall last week. Considering the hundreds of millions of units already recalled by the company, another 2.7 million is a drop in the bucket. But there’s a...

Embattled Japanese airbag supplier Takata has officially filed for bankruptcy protection in Japan and the United States. The company, which supplied VW with airbags, said Monday it would sell off the majority of its key assets to Key Safety Systems Inc. of Lansing, Michigan. The company paid...