Japanese airbag manufacturer Takata has announced their plan to file for bankruptcy both in the United States and in Japan. The bankruptcy comes after a decade long struggle with safety rec… Read More

PHOTO COURTESY OF WIKIMEDIA By TOM KRISHER and MARCY GORDON Associated Press UNDATED (AP) – Japanese air bag maker Takata Corp. has filed for bankruptcy protection in Tokyo and the U.S… Read More

The U.S. business of embattled Takata Corp. filed for Chapter 11 protection in Delaware late Sunday, with Japanese media reporting that the parent company would follow suit in Tokyo by Monda… Read More

Miami HeraldJapanese air bag maker Takata Corp. has filed for bankruptcy protection in Tokyo and the U.S., overwhelmed by lawsuits and recall costs related to its production of defective air… Read More

Long crippled by lawsuits and recall costs over its faulty air bags, Takata, the Japanese auto parts maker, filed for bankruptcy protection in Japan and the U.S. on Sunday.(Image credit: Shi… Read More

TOKYO — The Japanese unit of automotive safety products supplier Joyson Safety Systems has falsified performance data for its seat belts and shipped substandard products, the Nikkei… Read More

Takata Corp. files for bankruptcy in Japan and U.S. following air bag recalls Japanese air bag maker Takata Corp. has filed for bankruptcy protection in Tokyo and the U.S., overwhelmed by la… Read More