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., a person briefed on the ...

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 ...

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 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. Declares Nearly 34 Million Airbags Defective, Agrees to Recall Kennedy noted in his testimony that Takata had upped production of replacement airbag kits in recent months and expected ...

Takata’s inflators can explode with too much force when they fill up an air bag, spewing out shrapnel. Apart from the fatalities, they’re responsible for at least 180 injuries worldwide.

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 ...

Takata’s inflators can explode with too much force when they fill up an air bag, spewing out shrapnel. Apart from the fatalities, they’re responsible for at least 180 injuries worldwide.

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 Corp. Chief Executive and President Shigehisa Takada bows as he leaves a news conference in Tokyo November 4, 2015. REUTERS/Issei Kato (Reuters) - Japan's Takata Corp, the firm at the ...

Takata Corp. Declares Nearly 34 Million Airbags Defective, Agrees to Recall It is the largest recall of a consumer product in U.S. history By ABC News May 19, 2015, 1:56 PM 0:59 ...

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 ...