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Shares in Takata Corp leapt 16 percent on Friday after sources stated the air bag maker will plead guilty to criminal misconduct as part of a $1 billion settlement with
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Bidders for Japan’s Takata will meet this month with the automakers crucial to its survival to think about alternatives, including a $3 billion bid, at a meeting that might identify
Continental Automotive Systems, a subsidiary of Continental AG of Germany, is recalling 5 million cars to replace air bag control units in autos built between 2007 and 2015, noting that
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