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Takata settles with injured drivers to exit bankruptcyTakata Corp's U.S. unit has reached a settlement with representatives of those injured by lethally defective air bags, paving the way for the company to exit Chapter 11 bankruptcy and move forward with a reorganization plan, according to court documents.Th..
8 years ago
Trump tells world's top automakers to build more cars in USPresident Donald Trump told leaders of the world's top automakers on Friday that he wants to see more cars built in the United States as his administration weighs plans to reduce gas mileage and pollution requirements enacted during the Obama...
8 years ago
DOT urges drivers, take care of faulty Takata air bags nowThe U.S. Department of Transportation is again urging owners of vehicles with defective Takata air bags to seek repairs immediately.The agency singled out Ford Rangers and Mazda B-Series trucks from 2006, which are under a do not drive warning. The...
8 years ago
States to forego most of $650M legal settlement with TakataJapanese air bag maker Takata Corp. has reached a $650 million deal to settle consumer protection claims from 44 states and Washington, D.C., but only a fraction of the money will be paid due to Takata's financial problems and bankruptcy.In..
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