Key Safety Systems

Cars7 years ago

Key Safety Systems finishes deal to acquire air-bag maker Takata

Auto components maker Key Safety Systems finished on Wednesday a $1.6 billion deal to acquire air-bag maker Takata Corp, whose faulty inflators caused the auto industry’s biggest recall and have

Cars8 years ago

Takata, injured drivers reach settlement to end U.S. bankruptcy

Takata Corp’s U.S. unit reached a settlement with its lenders, attorneys for those hurt by its deadly air bags and automakers that eases the way to end its Chapter 11

Cars8 years ago

China’s FAW to recall 680,000 Mazda cars due to faulty Takata airbags

China’s FAW Car, a partner of Japan’s Mazda Motor will recall more than 680,000 Mazda automobiles due to problems with air bags that were provided by embattled Japanese automobile parts

Press Releases8 years ago

Takata offers condolences to victims of its defective air bags

Japanese auto parts maker Takata expressed condolences to victims of its defective air bags connected to at least 16 deaths and 180 injuries worldwide, but stopped short of providing a

Asian8 years ago

Takata Corp files for bankruptcy, gets backing from Key Safety Systems

Japan’s Takata, at the center of the auto market’s biggest-ever product recall, has filed for bankruptcy protection in the United States and Japan, and stated it had agreed to be

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