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November 22, 2024
 

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RECALLS

Japan Times
BUSINESS / Companies
Mar 30, 2016
Takata said to put worst-case recall costs at $24 billion
A source familiar with the matter says Takata estimates a callback of its air bag inflators would total about u00a52.7 trillion.
BUSINESS / Companies
Mar 30, 2016
Honda and Takata's stealth air bag fix
In August 2009, after ruptured air bag inflators in Honda vehicles were linked to least four injuries and a death, the automaker quietly requested a design change and did not notify U.S. regulators, Honda confirmed in response to inquiries from Reuters.
Japan Times
BUSINESS
Jan 26, 2016
Air bag maker Takata to meet with carmakers, gauge willingness for financial aid
Takata Corp., the air bag supplier behind the biggest-ever U.S. consumer safety recall, plans to detail its business outlook to major customers at a meeting this week so as to gauge how receptive they will be to extending financial aid, according to a person familiar with the matter.
BUSINESS
Nov 25, 2015
Toyota reissues recall for 1.6 million cars after Nissan air bag injury
Toyota Motor Corp. reissued a recall for 1.6 million cars in Japan over Takata Corp. air bags, after a component that was deemed to be safe ended up injuring a passenger last month in a Nissan Motor Co. vehicle.
BUSINESS
Nov 11, 2015
Takata air bag crisis hands Autoliv chance to go big in Japan
Swedish car safety equipment maker Autoliv could capitalize on the crisis engulfing its rival Takata Corp. by finally extending its global leadership to the one major auto hub it has been unable to dominate — Japan.
Japan Times
BUSINESS / Companies
Oct 20, 2015
U.S. regulator may expand Takata air bag probe
U.S. regulators said Monday they could expand their investigation into Takata Corp. air bag inflators beyond the current 11 automakers, amid questions about whether vehicle design played a role in the devices posing a deadly risk to the public.
BUSINESS
Sep 10, 2015
Looking to take bolder action, NHTSA sets Oct. 22 public meeting on Takata recalls
The U.S. auto safety watchdog said Wednesday it will hold an Oct. 22 public hearing on Takata Corp.'s massive air bag inflator recall, an event that could prompt regulators to take a stronger hand in efforts to eliminate the deadly defect from nearly 20 million vehicles.
BUSINESS
Aug 13, 2015
Takata competitors making 68% of air bag inflator replacements
Takata Corp., the company whose faulty air bags are behind a record vehicle-safety recall, is depending on three of its key competitors to produce the majority of millions of replacement parts.
Japan Times
BUSINESS
Jul 28, 2015
Fiat Chrysler buy-back of unrepaired trucks may cost billions but it has resale option
Fiat Chrysler Automobiles could pay billions of dollars to buy back defective trucks as part of a settlement with U.S. safety regulators, but has the option to recover costs by reselling vehicles once they are repaired.
Japan Times
BUSINESS
Jul 27, 2015
NHTSA fines Fiat Chrysler record $105 mlllion over safety recall lapses
The U.S. auto safety watchdog, toughening its stance against manufacturer defects, announced on Sunday a record $105 million in fines against Fiat Chrysler Automobiles NV over lapses in safety recalls involving millions of vehicles.
Japan Times
BUSINESS
Jun 25, 2015
Takata CEO indicates he will stay on despite air bag scandal
Takata Corp. Chairman and CEO Shigehisa Takada has indicated that he doesn't intend to resign from his post despite the air bag scandal that has enveloped the company.
Japan Times
BUSINESS / Companies
Jun 15, 2015
Reeling from recalls, Honda again opts for insider as new CEO
Honda Motor Co. is turning to an insider who has spent his entire career at the company to navigate its exit from a global auto safety crisis, after seven people died in its cars.
Japan Times
BUSINESS / Companies
Jun 5, 2015
Takata to name quality chief to board; Stocker to step down
Takata Corp., the company behind the biggest product-safety recall in U.S. history, will give the executive in charge of quality assurance more authority by naming him to the board of directors.
BUSINESS
May 27, 2015
As Takata recalls widen, questions raised over whether air bag fix is safe
Automakers and safety regulators could take months to nail down why air bag inflators made by Takata Corp. are exploding with too much force, meaning consumers cannot be certain replacement inflators installed under a sweeping recall are safe, industry officials involved in the process said.
Japan Times
COMMENTARY / World
May 22, 2015
When will drivers say 'enough is enough'?
If the automotive industry loses the public's trust, it widens the opportunity for Silicon Valley companies to foment disruptions of the entire business.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Russia fired experimental ballistic missile at Ukraine, Putin says
Ukrainian firefighters work on a spot following an airstrike in Dnipro on Thursday.
Ishiba aggravates his own political failures with diplomatic faux pas
Prime Minster Shigeru Ishiba is greeted at the APEC summit in Lima by Canadian Prime Minister Justin Trudeau on Friday. The Japanese leader was criticized for remaining seated while meeting several world leaders at the event.
Japan's 3.31 million visitors in October set monthly record
Kiyomizu Temple in Kyoto in December 2023. Famous autumn leaf colors contributed to increased tourism demand last month from many markets across Asia, Europe and North America, the Japan National Tourism Organization has said.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”
Around a quarter of Japan married couples in their 20s met through dating apps
A survey released by an organization promoting “Good Couples Day” shows that 24% of couples in their 20s met their marriage partner through a dating app.
'Tokyo Swindlers': Get deep into the minds of real estate con artists
In Ko Shinjo's "Tokyo Swindlers," a group of con artists manipulates real estate giants into falsified deals within the highly competitive, quick market.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.

Podcast

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