Shattered by recall costs and lawsuits, Japanese air bag maker Takata Corp. filed Monday for bankruptcy protection in Tokyo and the U.S., saying it was the only way it could keep on supplying ...

Takata Corp. and its U.S. operations are likely to seek bankruptcy protection by the end of June in a deal that would sell its assets to competitor Key Safety Systems Inc., ...

France has recalled 800,000 vehicles fitted with Takata airbags after a fatal incident, raising concerns over safety and urging swift removal from roads.

Takata Corp. Chief Executive and President Shigehisa Takada bows as he leaves a news conference in Tokyo November 4, 2015. REUTERS/Issei Kato ...

Japanese auto parts maker Takata Corp. pleaded guilty to fraud Monday and agreed to pay $1 billion in penalties for concealing a deadly air bag defect blamed for at least 16 deaths, most of them ...

Takata Corp. was dealt a double blow on Tuesday as it was fined $70 million by U.S. regulators and Honda Motor Co. said it would not equip new vehicles under development with the supplier’s ...

Takata Corp., the supplier of rupture-prone air bags linked to numerous deaths and injuries, is preparing to seek bankruptcy protection as soon as Sunday with a tentative deal to sell operations ...

— -- Takata Corporation, a leading global supplier of automotive systems, announced today that an estimated 33.8 million cars will be recalled due to defective airbags manufactured by a ...

The chief executive of Takata Corp. says the company is diligently working to identify the root causes of why some of its air bags have exploded, a problem linked to five deaths and more than 24 ...

DETROIT (AP) - Japan's Takata Corp. refused to comply with a U.S. government demand for an expanded recall of its air bags that can explode and shoot out shrapnel, and instead passed along the ...

Japanese air bag maker Takata Corp <7312.T>, mired in a long-running safety recall crisis, said on Friday its Chairman and CEO Shigehisa Takada had no intention as of now to resign.

UNDATED – Japanese air bag maker Takata Corp. filed for bankruptcy protection in Tokyo and the U.S. on Monday, saying it was the only way to ensure it could carry on supplying replacements for ...