Tag - recalls

 
 

RECALLS

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
Oct 18, 2017
Nissan admits improper safety inspections continued after president's public apology
Nissan Motor says that improper safety inspections performed by unauthorized staff continued at one of its assembly plants even after the scandal came to light last month.
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 19, 2017
Daimler seeks to stave off crisis with voluntary recall of 3 million diesel cars
Daimler AG aims to head off a growing crisis over potential emissions cheating by voluntarily recalling more than 3 million Mercedes-Benz diesel vehicles in Europe.
Japan Times
BUSINESS
Feb 15, 2017
Toyota to recall all 2,800 Mirai hydrogen-fueled cars sold worldwide
Toyota Motor Corp. said on Wednesday it was recalling all of the roughly 2,800 zero-emission Mirai cars on the road due to problems with the output voltage generated by their fuel cell system.
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
Jun 29, 2016
IKEA recalling 36 million dressers, chests blamed for six tip-over deaths
Swedish furniture retailer IKEA Group is recalling almost 36 million chests and dressers in the United States and Canada that have been linked to the deaths of six children, the U.S. Consumer Product Safety Commission said on Tuesday.

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?