Takata Corp Unsp ADR (TKTDY) 7.5500 $TKTDY Settlement

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Takata Corp Unsp ADR (TKTDY) 7.5500 $TKTDY

Settlement reached with air bag maker in Florida case
AP - Fri Jul 15, 2:55PM CDT
JACKSONVILLE, Fla. (AP) — The family of a Florida woman who became a quadriplegic after the deployment of an air bag in her car has reached an out-of-court settlement with the air bag's manufacturer.


Report: Takata settles with Japan woman injured by air bag
By YURI KAGEYAMA - AP - Wed Jul 06, 1:06AM CDT
TOKYO (AP) — A woman injured by a faulty Takata Corp. air bag has settled her case and withdrawn her complaint, Japanese media reported Wednesday.
F: 12.71 (-1.13), TM: 110.76 (+0.19), HMC: 26.99 (-0.15)

Honda recalls 1 million cars in China for air bag problems
AP - Fri Jun 17, 5:32AM CDT
BEIJING (AP) — Honda Motor Co.'s Chinese joint venture is recalling 1 million sedans and SUVs to replace possibly faulty air bags, the country's product quality agency announced Friday.
HMC: 26.99 (-0.15)

Honda recalls 784,000 vehicles in Japan over Takata air bags
By YURI KAGEYAMA - AP - Thu Jun 09, 2:39AM CDT
TOKYO (AP) — Japanese automaker Honda is recalling 784,000 vehicles in Japan due to faulty Takata Corp. air bag inflators for front passenger seats.
HMC: 26.99 (-0.15)


Criminal complaint filed in Japan over faulty Takata air bag
By YURI KAGEYAMA - AP - Wed Jun 08, 2:15AM CDT
TOKYO (AP) — A criminal complaint about a Takata air bag causing injuries in a crash has been filed in Japan, the first such case in this nation related to an unfolding massive recall.
F: 12.71 (-1.13), TM: 110.76 (+0.19), HMC: 26.99 (-0.15)


Report: 4 companies selling new cars with Takata inflators
By TOM KRISHER - AP - Wed Jun 01, 2:02PM CDT
DETROIT (AP) — Four automakers are selling new vehicles with Takata air bag inflators even though the devices are potentially defective and likely to be recalled within a few years, according to a Senate report.

Ford recalling 1.9 million vehicles to replace air bags
AP - Wed Jun 01, 8:30AM CDT
DETROIT (AP) — Ford Motor Co. is recalling nearly 1.9 million vehicles in North America to replace faulty passenger-side front air bags made by Japanese supplier Takata Corp.
F: 12.71 (-1.13)

Business Highlights
By The Associated Press - AP - Thu May 26, 4:16PM CDT
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SHLD: 15.05 (unch)


Takata taps financial adviser as recall costs mount
By YURI KAGEYAMA - AP - Thu May 26, 11:29AM CDT
TOKYO (AP) — Faced with mounting costs from a global recall of air bags, Japanese supplier Takata Corp. has hired the advisory firm Lazard to engineer a restructuring of its finances, likely with the help of some of its biggest customers.

Toyota adding 1.6 million vehicles to Takata air bag recall
By DEE-ANN DURBIN - AP - Mon May 23, 4:47PM CDT
DETROIT (AP) — Toyota Motor Corp. is recalling nearly 1.6 million vehicles in the U.S. to replace potentially faulty front passenger air bag inflators made by Takata Corp. of Japan.
TM: 110.76 (+0.19)

Honda reports quarterly loss on strong yen, air-bag recall
By YURI KAGEYAMA - AP - Fri May 13, 6:45AM CDT
TOKYO (AP) — Honda Motor Co. is reporting a 93.4 billion yen ($860 million) loss for January-March, as the Japanese automaker is hit by costs for a massive air-bag recall and an unfavorable shift in exchange rates.


Takata logs second year of red ink, expects return to profit
By YURI KAGEYAMA - AP - Wed May 11, 11:00AM CDT
TOKYO (AP) — Takata Corp., the Japanese auto-parts maker behind massive air-bag recalls, is expecting a return to profit for the fiscal year through March 2017, although it just agreed to recall millions of additional parts.
F: 12.71 (-1.13), HMC: 26.99 (-0.15)

Things to Know: Takata air bag recall
By The Associated Press - AP - Wed May 04, 4:25PM CDT
DETROIT (AP) — U.S. safety regulators are expanding a recall of Takata air bags, already the largest recall in U.S. history.

AP sources: Takata recall could more than double in size
By TOM KRISHER - AP - Tue May 03, 6:40PM CDT
DETROIT (AP) — U.S. auto safety regulators are in talks with Takata Corp. to add tens of millions of air bag inflators to what already is the biggest auto recall in American history, three people briefed on the matter said Tuesday.


US ends Honda probe for failing to report deaths, injuries
AP - Mon Apr 25, 1:53PM CDT
DETROIT (AP) — The U.S. government has closed an investigation into Honda's failure to report deaths and injuries, saying that the company has met all of its obligations.


Teenage girl killed by exploding Takata air bag in Texas
By TOM KRISHER - AP - Wed Apr 06, 5:08PM CDT
DETROIT (AP) — An exploding Takata air bag has claimed another life, this time a 17-year-old girl whose car crashed near Houston.

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