A group of 13 automakers will contribute about $130 million to compensate those injured by faulty Takata Corp air bag inflators as part of deal to solve the Japanese company’s …
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TK Holdings
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- Honda
Honda confirms 11th U.S. death connected to faulty Takata air bag inflator
by SpeedLuxby SpeedLuxHonda Motor stated on Monday it had confirmed 11th death in the US involving one of its vehicles connected to a malfunctioning Takata air bag inflator. The automaker stated the …
- Press Releases
U.S. plaintiffs’ legal representatives caution of automaker role in Takata bankruptcy
by SpeedLuxby SpeedLuxLegal representatives for people injured by exploding Takata air bags told a U.S. bankruptcy court judge that the company’s restructuring strategy is being altered to benefit automakers over victims. TK …
- Asian
Takata Corp files for bankruptcy, gets backing from Key Safety Systems
by SpeedLuxby SpeedLuxJapan’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 …