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July 16, 2024
 

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AIR BAGS

Japan Times
BUSINESS
Mar 30, 2017
Toyota, four other makers recall 1 million more cars in Japan with Takata air bags
Five carmakers including Toyota Motor Corp. are recalling an additional 1.04 million vehicles in Japan equipped with air bags made by Takata Corp., the transport ministry said Thursday.
BUSINESS / Companies
Feb 5, 2017
Chinese-owned Key Safety emerges as preferred bidder for air bag maker Takata
Key Safety Systems Inc. leads the bidding for Takata Corp., the embattled air bag maker searching for a buyer following the biggest safety recall in automotive history.
BUSINESS
Jan 25, 2017
Takata, carmakers sued by New Mexico over dangerous air bags
Takata Corp. and 15 automakers have been sued by New Mexico's attorney general for failing to protect consumers from exploding air bags.
Japan Times
BUSINESS / Companies
Jan 19, 2017
Takata bidders said to favor Japan bankruptcy; shares tumble
Bidders for troubled air bag maker Takata Corp. are leaning toward a court-mediated bankruptcy in Japan to shield them from liabilities, according to people familiar with the matter.
Japan Times
BUSINESS
Jan 14, 2017
Takata to plead guilty, pay $1 billion U.S. penalty over air bag defects
Takata Corp. on Friday agreed to plead guilty to criminal wrongdoing and to pay $1 billion to resolve a U.S. Justice Department investigation into ruptures of its air bag inflators linked to at least 16 deaths worldwide.
Japan Times
BUSINESS / Companies
Dec 9, 2016
Troubled Takata to exit posh Roppongi digs, move HQ to cheaper waterfront redevelopment district
Takata Corp. will move its head office from a posh building in an upscale Tokyo district to a redeveloped area to cut costs, as the troubled air-bag maker fights to survive the biggest recall in the auto industry's history.
BUSINESS / Companies
Oct 8, 2016
Takata hires U.S. law firm to help deal with planned sale; bankruptcy is an option
Takata Corp., whose defective air bag inflators triggered the biggest recall in auto industry history, hired law firm Weil Gotshal & Manges LLP to help it weigh options that could include bankruptcy or a sale, according to people with knowledge of the matter.
Japan Times
BUSINESS / Companies
Sep 27, 2016
Takata lifelines scrutinized by carmakers stuck in cost bind
Takata Corp. and some of the world's biggest carmakers face an extensive, expensive to-do list as they try to resolve the worst safety crisis in the auto industry's history.
BUSINESS / Companies
Sep 17, 2016
GM seeks one-year delay in recalling 980,000 Takata air bags, citing lower rupture risk
General Motors Co. is asking U.S. safety regulators to delay by a year the mandatory recall of almost 1 million vehicles with air bags made by Takata Corp., saying the designated models have not been shown to carry the same risk as others linked to deaths and injuries.
Japan Times
BUSINESS
Sep 16, 2016
Fiat Chrysler recalls 1.9 million cars over deadly defect that keeps air bags from deploying
Fiat Chrysler Automobiles NV said on Thursday it is recalling 1.9 million vehicles worldwide for an air bag defect linked to three deaths and five injuries.
BUSINESS / Companies
Jul 6, 2016
Japanese woman drops criminal complaint against Takata over air bag injuries
A woman injured due to the rupture of a Takata Corp. air bag in a collision dropped her criminal complaint against the auto parts maker, as she apparently reached a settlement, investigative sources said Wednesday.
BUSINESS / Companies
Jul 6, 2016
Mazda recalls cars in China after regulator action on Takata air bags
Mazda Motor Corp.'s Chinese joint venture will recall 74,310 of its Mazda2 sedans in China to replace Takata Corp. air bags after an investigation by the country's safety regulator.
Japan Times
BUSINESS / Companies
Jun 28, 2016
Takata chief says he'll quit after guiding air bag maker toward recovery
Takata Chairman Shigehisa Takada says he will step down from his post in response to the ongoing global recall of air bag inflators.
BUSINESS
Jun 27, 2016
Malaysian woman's death said due to ruptured Takata air bag
A mother of two has died, likely due to a ruptured air bag made by Takata Corp., after the Honda City she was driving was involved in a minor accident in Malaysia on Sunday, authorities said.
BUSINESS / Companies
Jun 24, 2016
Honda adds 147,900 more vehicles in Malaysia to Takata air bag recall
Honda Motor Co. is recalling a further 147,894 vehicles in Malaysia over potentially defective air bags made by Takata Corp. that have been linked to the deaths of more than a dozen people worldwide.
JAPAN
Jun 21, 2016
Osaka 3-year-old killed by air bag deployment: police
The death of a 3-year-old girl caught up in a traffic accident in Osaka in February appears to have been caused by the vehicle's air bag, police said Tuesday.
Japan Times
BUSINESS / Companies
Jun 3, 2016
Bain, PAG Asia get in line for potential Takata purchase
Bain Capital and PAG Asia Capital are evaluating bids for Takata Corp., joining KKR & Co. among private equity firms with an interest in the Japanese air bag supplier behind a record safety recall, according to people familiar with the matter. Takata's shares surged.
Japan Times
BUSINESS
Jun 2, 2016
Four carmakers still installing defective Takata air bags: U.S. lawmaker
Toyota Motor Corp., Fiat Chrysler Automobiles NV, Volkswagen AG and Mitsubishi Motors Corp. are still selling new vehicles with defective air bags that will eventually need to be recalled, according to a report by a U.S. lawmaker overseeing the agency handling the largest-ever auto safety recall.
BUSINESS / Companies
May 31, 2016
Takata rules out bankruptcy, seeks angel investor: source
Takata Corp. has ruled out using bankruptcy as a way of mitigating liabilities from its record air bag recalls and is instead seeking buyers that could take a controlling stake and carry the company through its current crisis, according to a source with knowledge of the restructuring process.
Japan Times
BUSINESS / Companies
May 28, 2016
Eight carmakers recall 12 million vehicles in U.S. over faulty Takata air bags
Eight automakers are recalling an additional 12 million vehicles in the United States to replace potentially faulty front passenger air bag inflators made by Takata Corp., the U.S. road safety regulator said Friday.
Bloodied Trump survives assassination attempt at political rally
Former U.S. President Donald Trump is surrounded and evacuated by Secret Service agents at a campaign rally in Butler, Pennsylvania, on Saturday. Trump was rushed off stage at the rally after shots rang out.
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
The neurological disorder that 'kills culture'
Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
Amid same-sex marriage ban, LGBTQ couples opt for 'photo weddings'
A lesbian couple, consisting of a 35-year-old woman (left) and 40-year-old woman, cover their faces with bouquets as they pose for wedding photos in Yokohama on Nov. 1.
China and Russia conduct joint Pacific military patrol
The Russian corvette Gromkiy enters the Chinese port of Zhanjiang as part of a joint China-Russia naval exercise on Saturday.
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
After Trump shooting, U.S. presidential race might take a violent turn
United States Secret Service Counter Snipers stand guard on a rooftop during a campaign rally for U.S. President Donald Trump in Avoca, Pennsylvania, in 2020.
No AC this summer? No problem (for me).
Think air conditioning is a requirement for a Tokyo summer? Think again.
She’s paying ¥1 million to help behind the scenes at the Paris Olympics
Mai Tarumi, who previously volunteered at the postponed Tokyo Olympics in 2021, has a travel budget of ¥1 million for her trip to volunteer at the Paris Games.
How to tweak your diet when temperatures spike
Most people think of hydration as a strictly liquid-based concept, but eating foods with high water content is an essential part of making it through a Japanese summer unscathed.

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