Takata cuts profit outlook
Takata has cut its profit outlook by 75% after market leading carmakers begin to drop its air bag inflators. Honda, Toyota and Mazda have all said that they will no […]
airbags
Takata fined for airbag recalls
Takata has been fined up to $200m (£130m) by US regulators for its handling of the faulty airbags recalls. The National Highway Traffic Safety Administration (NHTSA) said Takata failed to provide […]
FCA recalls 900,000 vehicles worldwide
Fiat Chrysler Automobiles has said it will recall nearly 900,000 vehicles around the world to fix issues related to airbag deployment and anti-lock braking systems. The firm said it was […]
Takata recall could expand further
Regulators in the US said they could expand their investigation into Takata air bag inflators beyond 11 car manufacturers, as questions arose about whether vehicle design played a role in the devices […]
US consider expanding Takata recall
The US regulator overseeing the replacement of Takata air bags is considering an order that would expand the recalls and has contacted seven manufacturers who could be affected, including Volkswagen […]
19 million airbags still need repaired
Safety regulators in the US have stated that about 19 million defective Takata Corp air bag inflators remain installed in U.S. vehicles, and that the cause of the problem has yet to be […]
Mazda and VW recall 600,000 cars
Car makers Volkswagen and Mazda have had to recall over 600,000 vehicles in the US. Volkswagen has had to recall vehicles due to air bag issues and Mazda are recalling vehicles because […]
Takata sees profit despite global recalls
Japanese car parts manufacturer Takata saw a 3 billion yen (£15.4m) net profit in the three months to June, compared with a 38.65bn yen loss a year earlier. The company […]
Honda’s profits jump 20%
Japanese carmaker Honda’s profit jumped 20% in the first quarter thanks to strong sales in its biggest market, North America, and cost-cutting measures. Its net profit rose to 186bn yen […]
Honda Takata saga continues
Honda is recalling around 1.63 million more cars in Japan to replace air bag inflators made by supplier Takata and around 4.5 million more cars globally, due to continuing fears […]
Honda has no plans to help Takata
Honda’s new chief executive Takahiro Hachigo, said the Japanese carmaker has no plans to provide financial aid to Takata, the airbag supplier currently at the heart of global airbag recall […]
Japanese carmakers expand Takata airbag recall
BBC reports that Japanese car giants Toyota, Nissan and Mitsubishi have expanded a recall of cars to replace airbags made by Takata. The recalls had initially been issued in North […]
