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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
Toyota, the world’s largest car manufacturer, is recalling about 625,000 hybrid cars worldwide to fix a software glitch. A fault in the software could lead to shutting down the hybrid […]
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’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 […]
Fiat-Chrysler Automobiles (FCA) faces action over the mishandling in the US of car recalls, according to the country’s top vehicle safety regulator. Mark Rosekind of the National Highway Traffic Safety […]