Tag - air-bags

 
 

AIR BAGS

A line worker installs an airbag at GM's Chevrolet Silverado and GMC Sierra pickup truck plant in Fort Wayne, Indiana, in 2018.
BUSINESS / Companies
Dec 21, 2023
Carmakers battle massive air-bag recall that may cost $10 billion
The U.S. safety regulator could recall as 52 million air-bag inflators made by ARC Automotive after some were reported to have exploded.
Japan Times
BUSINESS
Sep 20, 2021
U.S. opens probe into 30 million vehicles over Takata air bag inflators
There have been at least 28 deaths worldwide, including 19 in the United States tied to faulty Takata inflators and more than 400 injuries.
Japan Times
BUSINESS / Companies
Aug 26, 2020
Honda Motor units to pay $85 million to settle U.S. states' probe over Takata air bags
Since 2008, Honda has recalled nearly 13 million U.S. vehicles equipped with Takata inflators, and has replaced more than 16 million inflators.
Japan Times
BUSINESS
Jun 9, 2018
Kia recalls 507,000 vehicles in U.S. for air bag issues
Kia Motors Corp. said Friday it was recalling more than 507,000 vehicles in the United States because an electronic glitch may prevent air bags from deploying in a crash.
Japan Times
BUSINESS
May 8, 2018
'Immediate risk to safety': U.S. warns don't drive old pickups until Takata air bag fix is made
U.S. auto safety regulators again warned drivers that certain older pickups made by Ford Motor Co. should be parked until they replace dangerous air bags that can explode in a crash.
Japan Times
BUSINESS
Feb 14, 2018
13 automakers to provide up to $130 million for Takata's U.S. settlement
A group of 13 automakers will contribute as much as $130 million to compensate those injured by faulty Takata Corp. air bag inflators as part of a deal to resolve the Japanese company's bankruptcy, a U.S. plaintiffs' attorney said.
BUSINESS / Companies
Jan 7, 2018
Takata recalls another 3.3 million air bags under U.S. order
Takata Corp., the parts supplier that filed for bankruptcy after sparking the largest recall in automotive history, called back 3.3 million additional air bags as part of a U.S. order that scheduled repairs for the potentially deadly devices over several years.
BUSINESS / Companies
Nov 9, 2017
Takata creditors seek $30 billion, far more than firm can pay: court filing
Creditors of bankrupt Takata Corp. say the parts maker owes them more than $30 billion after the automotive industry's biggest recall over its faulty air bags — many times more than the company can repay, a court filing seen by Reuters shows.
Japan Times
BUSINESS / Companies
Jul 28, 2017
Fatal Florida crash last week may be linked to faulty Takata air bag inflator, Honda says
Honda Motor Co. said on Thursday that a Takata air bag inflator ruptured in a car crash last week in Florida in what could be the 19th death worldwide linked to faulty air bags recalled as part of the largest automotive safety campaign in history.
Japan Times
BUSINESS
Jul 24, 2017
Australian regulator probes recall of Takata air bag after Sydney man's death
Australia's consumer watchdog said on Monday it was investigating the recall of Takata Corp. vehicle air bags, a day after police said a man's death in a Sydney car crash could be linked to the faulty safety equipment.
Japan Times
BUSINESS / Companies
Jul 17, 2017
In Delaware courtroom, Takata's bankruptcy case to pit automakers against air bag injury victims
The global recall of Takata Corp.'s defective air bags widens, but legal experts said a bigger worry for car companies caught in the fallout is playing out in a U.S. courtroom
Japan Times
BUSINESS / Companies
Jun 27, 2017
Shareholders express anger at Takata management
Air bags made by the firm, which filed for bankruptcy protection on Monday, have reportedly been linked to at least 17 deaths worldwide.
Japan Times
BUSINESS / Companies
Jun 26, 2017
After global air bag recall, Takata files for bankruptcy in Japan and U.S.
Air bag maker Takata Corp., facing an estimated u00a51.7 trillion in liabilities, looks to restructure under the sponsorship of a U.S.-based and Chinese-owned company.
BUSINESS
Apr 7, 2017
U.S. judge to name ex-FBI chief Mueller to oversee $1 billion in Takata restitution funds
A federal judge in Detroit said on Thursday he plans to name former FBI director Robert Mueller to oversee nearly $1 billion in Takata Corp. restitution funds as part of a U.S. Justice Department settlement.

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