• Takata cuts profit outlook
    • 06/11/2015
    • Posted by: Simon Wait
    • Category: News
    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 longer fit Takata inflators containing ammonium nitrate to new cars. The firm now expects full-year profit of 5bn yen (£27m) instead of 20bn [...]
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  • Takata fined for airbag recalls
    • 04/11/2015
    • Posted by: Simon Wait
    • Category: News
    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 information about the dangerous airbags. The Japanese manufacturer will initially have to pay $70m, but the fine could [...]
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  • US consider expanding Takata recall
    • 29/09/2015
    • Posted by: Simon Wait
    • Category: News
    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 and Tesla, according to reports from Bloomberg. Takata identified the seven as companies it supplied with air bag [...]
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  • 19 million airbags still need repaired
    • 03/09/2015
    • Posted by: Simon Wait
    • Category: News
    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 identified. About 19.2 million vehicles containing a total of 23.4 million air bag inflators made by 11 automakers have been [...]
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  • US lawmakers have warned of car ‘recall fatigue’
    • 24/06/2015
    • Posted by: Simon Wait
    • Category: News
    Policy makers in the US have warned of car 'recall fatigue' in a congressional hearing with regulators and carmakers about progress in a major airbag recall. Faulty airbags made by Japan's Takata have been linked to at least eight deaths, multiple injuries and has prompted the largest recall in US history. The [...]
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  • Eight deaths now linked to faulty Takata airbags
    • 22/06/2015
    • Posted by: Simon Wait
    • Category: News
    Honda's U.S. division said on Friday (19 June) it has linked the September 2014 death of a woman in Los Angeles, California, to the rupture of a Takata airbag inflator, bringing the number of fatalities related to defective Takata airbags to eight, Reuters reports. U.S. highway safety regulators also confirmed that [...]
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