takata

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 fined for airbag recalls

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 […]

US consider expanding Takata recall

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 […]

19 million airbags still need repaired

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 […]

Takata sees profit despite global recalls

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 […]

Honda’s profits jump 20%

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 recalls 625,000 hybrids

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 Takata saga continues

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 has no plans to help Takata

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 faces penalties over recalls

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 […]